☆ Overview
Base is a Layer 2 scaling solution built on top of the Ethereum blockchain, designed to enhance scalability, reduce transaction costs, and provide a robust environment for decentralized applications (DApps). Developed to address the limitations of Ethereum’s main chain, Base utilizes advanced rollup technology to offer fast, secure, and cost-effective transactions while maintaining the security and decentralization of the Ethereum network.
The Major Features of the Arbitrum Blockchain
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Scalability: Base significantly increases Ethereum’s scalability by aggregating multiple transactions into a single batch processed off-chain, which is then committed to the Ethereum main chain. This rollup technique allows Base to handle thousands of transactions per second, reducing congestion and improving network performance.
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Low Fees: By processing transactions off-chain and recording only the final state on the Ethereum main chain, Base substantially reduces transaction fees. This cost efficiency makes blockchain interactions more affordable for users and developers, encouraging broader adoption and usage of decentralized applications.
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EVM Compatibility: Base is fully compatible with the Ethereum Virtual Machine (EVM), enabling developers to deploy their existing Ethereum-based smart contracts and DApps on Base with minimal modifications. This compatibility ensures a seamless transition for developers and allows them to leverage Ethereum’s extensive ecosystem of tools and libraries.
Data catalog
Raw
Base Raw, unprocessed data on the Base chain, including blocks, transactions, and logs.
decoded
Decoded transaction data, facilitating easier analysis and deeper understanding of smart contract operations.
Abstracted
The abstracted data tables are built on top of raw data tables and provide a high-level view of the data.