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Welcome back to Chain Reaction<\/a>, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future.<\/p>\n

For this week\u2019s episode<\/a>, Jacquelyn<\/a> interviewed Jesse Pollak<\/a>, the lead for Base and head of protocols at Coinbase. Base is an Ethereum-focused layer 2 blockchain launched by Coinbase in February. Pollak previously led all retail engineering at Coinbase, including building Coinbase, Coinbase Pro and Coinbase Wallet. In a past life, Pollak started Clef, a 2FA mobile app, and was an engineer at BuzzFeed.<\/p>\n

The platform has been live in testnet, which is a test phase of the blockchain network, since late February. It isn\u2019t sharing \u201cofficial timelines,\u201d but Pollak disclosed exclusively to TechCrunch that Base is planning for its mainnet launch in 2023. Mainnet is the fully live version of a blockchain on the main network (hence the name: mainnet).<\/p>\n

\u201cIt\u2019s coming soon, we\u2019re working hard on it,\u201d Pollak said. \u201cIt\u2019s our number one priority alongside decentralization goals and the rest of the year is really about making sure we get there as quickly as possible.\u201d<\/p>\n

Base\u2019s vision is to bring a million builders and a billion users on-chain through \u201ceasy to use\u201d products on its platform, Pollak said.<\/p>\n

Coinbase has been building in the crypto economy for more than a decade, but Base hopes to derive some of that value for itself and plans to help products and activities expand on-chain over the next decade. \u201cI think less about Base passing Coinbase and more about how Base plus Coinbase over the next decade are going to work together to bring those million developers [and] billions of users on-chain,\u201d Pollak said.<\/p>\n

A number of crypto businesses, platforms, marketplaces and infrastructure firms have committed to building on Base, including: Blockdaemon, Chainlink, Etherscan, Quicknode, Aave, Animoca Brands, Dune, Nansen, Magic Eden, Pyth, Rainbow Wallet, Ribbon Finance, The Graph, Wormhole and Gelato, to name a handful.<\/p>\n

The near-term plan is to get Base to mainnet and decentralize it, Pollak said. Coinbase CEO Brian Armstrong told Pollak, \u201cWe can\u2019t not decentralize this. We have to live up to that value and to that ethos.\u201d<\/p>\n

Base hopes to become decentralized from Coinbase within \u201cmonths or years\u201d rather than a decade, Pollak said. The process of becoming decentralized \u201cis not a forever timeline,\u201d but rather a question of \u201chow do we make progress on this today,\u201d Pollak added. \u201cWhen I wake up every morning and say p zero, how do we decentralize?\u201d<\/p>\n

Of course, we talked a lot about Base on the podcast and where it\u2019s headed in the future, as well as how regulation could affect the blockchain.<\/p>\n

We also dove into:<\/p>\n

Developers growing internationally<\/li>\n

Community benefits building on Base<\/li>\n

Blockchain inspiration<\/li>\n

Base\u2019s performance to date<\/li>\n

Advice for developers<\/li>\n<\/ul>\n
The article mentioned during the episode can be found here<\/a>.<\/em><\/p>\n
Chain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts,<\/a> Spotify<\/a> or your favorite pod platform to keep up with the latest in web3 and crypto.<\/p>\n<\/p><\/div>\n
<\/br><\/br><\/br><\/p>\n
Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/04\/21\/coinbases-layer-2-blockchain-base-plans-for-2023-mainnet-launch\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"
Source:https:\/\/techcrunch.com\/2023\/04\/21\/coinbases-layer-2-blockchain-base-plans-for-2023-mainnet-launch\/ Coinbase\u2019s layer-2 blockchain Base plans for 2023 mainnet launch 2023-04-21 21:46:43 Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week\u2019s episode, Jacquelyn interviewed Jesse Pollak, the lead for Base and head […]<\/p>\n","protected":false},"author":1,"featured_media":29752,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[],"class_list":["post-29751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology"],"yoast_head":"\nCoinbase\u2019s layer-2 blockchain Base plans for 2023 mainnet launch - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/04\/21\/coinbases-layer-2-blockchain-base-plans-for-2023-mainnet-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase\u2019s layer-2 blockchain Base plans for 2023 mainnet launch - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/04\/21\/coinbases-layer-2-blockchain-base-plans-for-2023-mainnet-launch\/ Coinbase\u2019s layer-2 blockchain Base plans for 2023 mainnet launch 2023-04-21 21:46:43 Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. 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