0x4cb1...9c4c

EIP Explainer

Understand Ethereum Improvement Proposals in simple terms

Scaling Base: Reaching 50 Mgas/s in Q2

To build a global onchain economy, we need to scale to keep gas fees under one cent. Our goal for 2025 is to reach a gas target of 250 Mgas/s — a 100x increase from where we started. In Q1, we hit a major milestone: 25 Mgas/s, 10x from launch. We’re now on track to reach 50 Mgas/s by the end of Q2. This quarterly review provides a status update of critical scaling bottlenecks, and our progress towards eliminating them.

Base has reached Stage 1 Decentralization

TLDR: Base has achieved Stage 1 Decentralization, a critical milestone in our journey to build an open and global onchain economy. We’ve done this by launching permissionless fault proofs and increasing the decentralization of our contract upgrade process with a security council. We believe that decentralization is critical to deliver on our mission of building a global onchain economy and are proud to have achieved this milestone.

Scaling Base: Reaching 50 Mgas/s in Q2

To build a global onchain economy, we need to scale to keep gas fees under one cent. Our goal for 2025 is to reach a gas target of 250 Mgas/s — a 100x increase from where we started. In Q1, we hit a major milestone: 25 Mgas/s, 10x from launch. We’re now on track to reach 50 Mgas/s by the end of Q2. This quarterly review provides a status update of critical scaling bottlenecks, and our progress towards eliminating them.

Scaling Base: Accelerating Decentralization

Base recently launched Fault Proofs on mainnet, marking a significant milestone in our journey towards progressive decentralization. This is a summary of our work in benchmarking the Fault Proof components to ensure they remain stable throughout our scaling efforts.

OP Mainnet Explorer

SmartEscrow | Address 0xb3c2f9fc2727078ec3a2255410e83ba5b62c5b5f | OP Mainnet Etherscan

The Contract Address 0xb3c2f9fc2727078ec3a2255410e83ba5b62c5b5f page allows users to view the source code, transactions, balances, and analytics for the contract address. Users can also interact and make transactions to the contract directly on OP Mainnet Etherscan.

Stage 1 Decentralization is Coming to Base

TLDR: Fault proofs are now live on Base testnet, marking a step forward towards Stage 1 Decentralization.