# CoinBase L2 Chain BASE / Everything We know Today

**Published by:** [Alpha Insiders](https://paragraph.com/@alphainsiders-2/)
**Published on:** 2023-02-23
**URL:** https://paragraph.com/@alphainsiders-2/coinbase-l2-chain-base-everything-we-know-today

## Content

Coinbase, the second largest crypto exchange by trading volume, has launched Base, an Ethereum-focused layer-2 (L2) blockchain Let's see what #BASE is all about and what we can do today⭕️Whats Base?Base is a secure, low-cost developer-friendly Ethereum L2 chain Base is incubated within Coinbase and plans to progressively decentralize in the years ahead. We believe that decentralization is critical to creating an open, global cryptoeconomy that is accessible⭕️ To add Base Goerli as a custom networkNetwork Name: Base Goerli RPC Endpoint: https://goerli.base.org Chain ID: 84531 Currency Symbol: ETH Block Explorer: https://goerli.basescan.org/⭕️ Coinbase Faucet is the easiest way to get ETH for Base Goerli.https://www.coinbase.com/faucets⭕️Bridge your assets to BaseFor now, you can only bridge ETH, cbETH, or wBTC between Goerli and Base.Bridges - Base DocumentationDocumentation for bridging assets to Base. This page covers how to bridge ETH and ERC-20s between Ethereum (L1) and Base along with essential information.https://docs.base.org⭕️ Base Scanhttps://goerli.basescan.org/ There is not much you can do right now But follow @AlphaInsiders for Future Updates⭕️ Base Token? They saidWe believe that decentralization is critical to an open cryptoeconomy. That’s why we will be deploying Base as the second L2 on the open-source OP Stack, following Optimism, and joining as the second core developer of the OP Stack to accelerate.⭕️ What Else,Decentralization is essential for the cryptoeconomy to remain open, global, and accessible to everyone. While we’ve begun incubating Base inside of Coinbase, we are deeply committed to progressing towards full decentralization over the years ahead.They are confident Base will progress from a Stage 0 to Stage 1 rollup in 2023 and a Stage 2 rollup in 2024 They also said they are thrilled to have an incredible community who will contribute to making Base a robust ecosystem.it's too soon to say how successful BASE will be in the fight of L2s but with the money and the NAME behind I say it will be exciting to watch and follow. Regarding the token, I quote Adidas IMPOSSIBLE IS NOTHING 🤨 You Tell me what you think! BTW you can collect these posts on Mirror as an NFT for the culture https://base.mirror.xyz/H_KPwV31M7OJT-THUnU7wYjOF16Sy7aWvaEr5cgHi8I

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