J.P. Morgan is launching a USD-backed deposit token (JPMD) proof of concept on Base through Kinexys by J.P. Morgan, its industry-leading blockchain business unit. The pilot will enable an onchain payment rail that provides J.P. Morgan institutional clients the ability to eventually settle instantly and securely at a fraction of a cent. This is a major milestone in bringing traditional banking institutions onchain, and shows how Base helps banks build trusted financial products.The fina...

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.What decentralization means for BaseBase’s mission is to build...

TLDR: We’re introducing new building blocks that make it faster, simpler, and more powerful to build on Base: Flashblocks, Smart Wallet Sub Accounts, and Base Appchains — plus a new home base for builders.Base is building for the long-termBase’s mission is to build a global onchain economy that increases innovation, creativity, and freedom. To further our mission, we need to continue making Base more powerful, easier to use, and faster than ever. We are focused on cultivating an ecosystem of ...

TLDR: Coinbase Wallet has integrated Onboard P2P as an onramp option to make buying crypto easier around the world. Onboard lets anyone purchase crypto with local currency through a peer-to-peer exchange, without lengthy verification, and lower fees. Coinbase Wallet and Base are committed to building a global onchain economy that increases innovation, creativity, and freedom. To achieve this mission, we need to make getting onchain as easy as possible – in every country in the world. However,...

TLDR: To bring the world onchain, we’re rebuilding the Coinbase Wallet app to be 10x faster and easier to use, plus boosting app discovery by leveraging Farcaster Frames and their onchain social graph. https://x.com/CoinbaseWallet/status/1886822569334181966 Last year, we made great progress with Coinbase Wallet by simplifying onboarding and transactions with Smart Wallet, building more options to buy crypto in over 140 countries, and rewarding people who bring their money onchain. We also ann...

TLDR: Base is a global onchain economy and we’re building it together, in the open. This year, we’re focusing on growing the Base economy by investing in five key pillars: builders, apps, ownership, markets, and bringing everyone, everywhere, onchain. We have a plan — but we can only achieve our ambitious goals by building with all of you. As we collaborate and grow, our strategies will continue to evolve to better serve the Base economy.Our missionOur mission is to build a global onchain eco...

TLDR: Base just wrapped up our first world tour. We traveled to Kenya, India, Thailand, Singapore, and the Philippines. We met over 1,000 builders, selected 50+ buildathon winners, and hosted 11 events. We’re so excited to keep working alongside our global builder community in 2025. Builders are creating the onchain future, around the world With Base Around the World, we saw firsthand the real-world power of onchain tools in action, and met with incredible builders who are shaping the vision ...

TL;DR: Fault proofs are now live on Base Mainnet, marking a key milestone on our path to decentralization. With this upgrade, anyone can now participate in securing Base, creating a more trusted and open economy for everyone.Building towards decentralizationFrom the beginning of Base, we have championed the belief that creating an open, global onchain economy is only possible on a decentralized platform. This is why Base is:Built on Ethereum — the most secure and decentralized L1.Built on Opt...

TL;DR: Base’s decentralization roadmap focuses on transparency and enhancing onchain security. To support this, we’re committed to fostering a secure environment for onchain builders. Today, we’re announcing access to free smart contract monitoring and analytics for every app and protocol on Base, powered by Hexagate. Apply now.Building Base with a security-first approachFrom day one, Base has been built with a security-first approach — combining Coinbase's enterprise-grade practices wit...

Lessons learned from Base’s recent block building outage Base is committed to building in the open, including public retrospectives to share learnings when issues arise. On 09/21/2024 at 15:14 UTC, Base Mainnet experienced a 17 minute block building outage. The integrity of the chain was not affected, all funds on Base were safe, and block production resumed after we mitigated the incident. This retrospective dives into the root cause, the impact, how we mitigated, and what we plan to improve...