DeFi Daily News
Saturday, May 17, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Cryptocurrency Ethereum

rewrite this title Base becomes 10th L2 network to reach at least Stage 1 decentralization

Gino Matos by Gino Matos
April 29, 2025
in Ethereum
0 0
0
rewrite this title Base becomes 10th L2 network to reach at least Stage 1 decentralization
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Base has reached “Stage 1 Decentralization” by introducing fault proofs and a decentralized Security Council to its network structure, the layer 2 blockchain announced in a blog post on April 29.

Fault proofs allow any participant to propose or challenge claims about Base’s state, with open-source challenger software and financial incentives supporting permissionless dispute resolution. 

Separately, a newly established Security Council must approve contract upgrades, requiring a 75% consensus threshold among Base, Optimism, and 10 independent entities from multiple jurisdictions.

Stage 1

Stage 1 Decentralization, as described by Ethereum (ETH) co-founder Vitalik Buterin’s framework for rollup decentralization, represents an intermediate phase where permissionless fault proofs are live and critical network upgrades require approval from a decentralized set of stakeholders. 

According to L2Beat, Base is now the 10th blockchain to achieve at least Stage 1 in decentralization out of the 62 rollups tracked by the platform.

The post noted that this stage moves Base beyond a centralized operator model, reducing reliance on single entities to verify the network’s state or govern smart contract upgrades.

Base stated that reaching Stage 1 enhances infrastructure certainty for developers, creates a more resilient network without a single point of failure, and opens network security participation to a broader group of actors. 

Fault proofs and Security Council

Base’s first fault proofs were deployed on its mainnet in October 2024. In collaboration with Optimism, Base adopted the OP Stack Fault Proof System, allowing users to withdraw funds from Base permissionlessly to the Ethereum mainnet without relying on centralized operators. 

The open challenge mechanism introduced during this process ensures that the decentralized validation process can correct faulty or fraudulent claims about the network state.

The second milestone was decentralizing upgrade authority through the formation of the Security Council. It includes independent organizations tasked with governing smart contract changes.

The council structure ensures that no single entity can unilaterally execute upgrades, distributing operational authority across diverse participants and adding a layer of security to network governance.

Complete decentralization

Base outlined that its following objectives include deploying multiple proof systems to strengthen security and further decentralize validation processes. 

Among the options under exploration are zero-knowledge-based fault-proof systems, which complement existing optimistic proofs and broaden the network’s verification mechanisms.

Advancing toward Stage 2 of decentralization remains a stated goal. At Stage 2, no group of actors would be able to post a state root other than the outcome produced by the system’s code, except in cases involving pre-defined bug protocols. 

Base aims to continue reducing central points of control, including empowering the Security Council with the tools necessary to independently detect and adjudicate system faults.

Mentioned in this article

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: 10thBasedecentralizationNetworkReachrewriteStagetitle
ShareTweetShare
Previous Post

Crypto Overleveraged?🔥Maple Finance CEO INTERVIEW

Next Post

Pat McAfee’s Thoughts On Facing Gunther At Backlash; His Return To A WWE Ring…

Next Post
Pat McAfee’s Thoughts On Facing Gunther At Backlash; His Return To A WWE Ring…

Pat McAfee's Thoughts On Facing Gunther At Backlash; His Return To A WWE Ring...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title with good SEO Best Crypto Presales Tapping Into the Stablecoin Boom

rewrite this title with good SEO Best Crypto Presales Tapping Into the Stablecoin Boom

April 6, 2025
Setting Up OpBNB RPC Nodes: Step-by-Step Guide to Creating an opBNB Node for Free Using Moralis Web3 API

Setting Up OpBNB RPC Nodes: Step-by-Step Guide to Creating an opBNB Node for Free Using Moralis Web3 API

June 27, 2024
rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

rewrite this title Gate Dubai Secures Full VARA VASP Licence for Crypto Exchange Services

April 29, 2025
Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

July 24, 2024
rewrite this title What Are Energy-Efficient Windows? Cost, Certification and How to Choose – NerdWallet

rewrite this title What Are Energy-Efficient Windows? Cost, Certification and How to Choose – NerdWallet

April 1, 2025
rewrite this title Kyren Lacy’s attorney rips NFL in statement addressing WR’s death

rewrite this title Kyren Lacy’s attorney rips NFL in statement addressing WR’s death

April 18, 2025
rewrite this title Ethereum Price Risks Further Crash To ,350 With Lower Lows Formation

rewrite this title Ethereum Price Risks Further Crash To $2,350 With Lower Lows Formation

May 17, 2025
rewrite this title with good SEO Dogwifhat (WIF) Targets .50 Amid 50% Weekly Jump – Here Are The Levels To Watch

rewrite this title with good SEO Dogwifhat (WIF) Targets $1.50 Amid 50% Weekly Jump – Here Are The Levels To Watch

May 17, 2025
rewrite this title Deadspin | Corbin Burnes, D-backs shut out historically bad Rockies

rewrite this title Deadspin | Corbin Burnes, D-backs shut out historically bad Rockies

May 17, 2025
rewrite this title and make it good for SEOFor Trump, adulation and no risk of protests made the Gulf a dream trip

rewrite this title and make it good for SEOFor Trump, adulation and no risk of protests made the Gulf a dream trip

May 17, 2025
rewrite this title Hurt Syndicate to shockingly kick MJF out of the faction and replace him with ex-WWE star? Exploring the possibility

rewrite this title Hurt Syndicate to shockingly kick MJF out of the faction and replace him with ex-WWE star? Exploring the possibility

May 16, 2025
rewrite this title Bitcoin stalls near record highs amid derivative pressures but breakout potential remains

rewrite this title Bitcoin stalls near record highs amid derivative pressures but breakout potential remains

May 16, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.