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        <title>Base</title>
        <link>https://paragraph.com/@base-8</link>
        <description>An Ethereum L2, incubated by Coinbase and built on the open-source OP Stack. We have no plans to issue a new network token.</description>
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            <title><![CDATA[Base has reached Stage 1 Decentralization]]></title>
            <link>https://paragraph.com/@base-8/base-has-reached-stage-1-decentralization</link>
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            <pubDate>Tue, 29 Apr 2025 16:13:08 GMT</pubDate>
            <description><![CDATA[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...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> 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 <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/eOsedW4tm8MU5OhdGK107A9wsn-aU7MAb8f3edgX5Tk">permissionless fault proofs</a> 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.</p><h2 id="h-what-decentralization-means-for-base" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What decentralization means for Base</h2><p>Base’s mission is to build a global onchain economy that increases innovation, creativity, and freedom. We believe this is only possible on a decentralized platform. This is why Base is (1) built on Ethereum, the most secure and decentralized L1, (2) built on the open and permissionless OP Stack, and (3) upholds key <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/blog/coinbases-neutrality-principles-for-base">Neutrality Principles</a>.</p><p><strong>We&apos;ve been focused on continuously decentralizing, and today we&apos;re excited to announce that Base is now at Stage 1 Decentralization.</strong></p><p>Achieving Stage 1 Decentralization means Base now has stronger security guarantees and reduced trust assumptions. With fault proofs and a decentralized Security Council in place, network functionality and upgrades are in the hands of a broad set of diverse stakeholders. This creates a more resilient foundation for apps, assets, and the global onchain economy on Base, so that:</p><ol><li><p><strong>Builders have infrastructure certainty</strong> — the platform can&apos;t change the rules unexpectedly</p></li><li><p><strong>The network becomes more resilient</strong>, with no single point of failure</p></li><li><p><strong>Everyone can participate</strong> in securing and verifying the network</p></li></ol><h2 id="h-decentralization-stages" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Decentralization stages</h2><p>Vitalik Buterin&apos;s <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ethereum-magicians.org/t/proposed-milestones-for-rollups-taking-off-training-wheels/11571">decentralization framework</a> lays out a clear path for Layer-2 rollups on Ethereum, like Base, to progressively and safely decentralize. This framework describes three stages of decentralization:</p><ul><li><p><strong>Stage 0</strong>, or &quot;full training wheels&quot;, is a stage where all rollup transactions are posted onchain, but the validity checks of these transactions are done by the chain&apos;s operator. State verification is centralized and dependent upon the chain operator.</p></li><li><p><strong>Stage 1</strong>, or &quot;limited training wheels&quot;, introduces a running fault proof or validity proof scheme with the practical authority to accept or reject state roots. It includes a decentralized override mechanism controlled by a diverse set of stakeholders, reducing dependence on chain operators alone.</p></li><li><p><strong>Stage 2</strong>, or &quot;no training wheels&quot;, represents full decentralization, where no group of actors can, even unanimously, post a state root other than the output of the code (except in clearly defined bug scenarios).</p></li></ul><h2 id="h-how-we-got-to-stage-1-decentralization" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">How we got to Stage 1 decentralization</h2><p>Our path to Stage 1 decentralization involved two key milestones:</p><h3 id="h-1-fault-proofs-on-mainnet" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">1. Fault Proofs on Mainnet</h3><p>In October 2024, we launched <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/eOsedW4tm8MU5OhdGK107A9wsn-aU7MAb8f3edgX5Tk">Fault Proofs on Base Mainnet</a> after close collaboration with Optimism to bring the OP Stack Fault Proof System to Base. Fault Proofs enable:</p><ul><li><p><strong>Permissionless proposals:</strong> Anyone can propose claims about the state of Base, removing reliance on a central party for state verification.</p></li><li><p><strong>Permissionless challenges:</strong> If a faulty or fraudulent claim is made, anyone can challenge it within 3.5 days by running the open-source challenger software, with economic incentives for successful challenges.</p></li></ul><p>This dramatically increased the decentralization of Base by allowing anyone to permissionlessly withdraw their funds from Base L2 to Ethereum L1 without relying on centralized actors.</p><h3 id="h-2-decentralizing-upgrades-via-a-security-council" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">2. Decentralizing upgrades via a Security Council</h3><p>The final requirement to achieve Stage 1 Decentralization was to further decentralize control of contract upgrades. To do this, Base contract upgrades must now be approved by a diverse group of stakeholders from across the Ethereum ecosystem.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.base.org/chain/security-council">The Security Council for Base</a> consists of 10 independent entities from various jurisdictions. To achieve consensus, the Security Council, Optimism, and Base collectively must reach at least a 75% approval threshold to implement a Base upgrade. This setup ensures that no single entity has enough power to control the upgrade process on its own. As a result, the group responsible for implementing upgrades, which currently includes Base and Optimism, is larger and more decentralized.</p><h2 id="h-whats-next" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What’s next?</h2><p>While reaching Stage 1 Decentralization is a significant achievement, our journey toward full decentralization continues. Looking ahead, we&apos;re focused on:</p><ul><li><p><strong>Additional proof systems</strong> — We&apos;re working towards having multiple active proof systems live on Base, to further enhance security and decentralization. A promising avenue we are exploring is ZK-based fault proof systems.</p></li><li><p><strong>Advancing toward Stage 2</strong> — We’re committed to further decentralizing and achieving Stage 2. We will continue taking steps toward that goal, including enabling the Security Council to provably detect and adjudicate bugs via the multi-proof system.</p></li></ul><p>Today&apos;s achievement of Stage 1 Decentralization fulfills one of our <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/gFOLgyrs8jtX4Eqt4Kh6ikWhB3tqrhQoKfddeqZIECs">key strategic pillars for 2025</a>: &quot;Base is for everyone.&quot; By decentralizing Base, we&apos;re building the foundation needed to bring everyone, everywhere onchain and creating a truly global economy that increases innovation, creativity, and freedom.</p><p>We&apos;re excited to continue building on the Base and Ethereum vision of a more open, decentralized, global onchain economy that is accessible to all.</p><hr><p>Follow us on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/base">X</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/base/">Farcaster</a>, and join our <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase">Discord</a> to get building — and follow the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/i/lists/1876354838289932418">Base team</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/i/lists/1869425408573075694">Base community leaders</a> to stay up to date.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Building for the long-term: making Base faster, simpler, and more powerful]]></title>
            <link>https://paragraph.com/@base-8/building-for-the-long-term-making-base-faster-simpler-and-more-powerful</link>
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            <pubDate>Thu, 27 Feb 2025 21:15:15 GMT</pubDate>
            <description><![CDATA[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 ...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> <em>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 </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.base.org/builders"><em>home base for builders</em></a><em>.</em></p><h2 id="h-base-is-building-for-the-long-term" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Base is building for the long-term</strong></h2><p>Base’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 long-term people playing long-term games. We want to support passionate builders who are creating products that solve real needs for real people.</p><p>Today, we’re introducing three new building blocks to empower everyone to build onchain: Flashblocks to make Base faster, Base Appchains to help Base scale, and Smart Wallet Sub Accounts to make Base simpler to use.</p><ul><li><p><strong>Making Base faster:</strong> Flashblocks make Base 10x faster by bringing effective block times from 2 seconds to 200 milliseconds; the fastest EVM chain to date. We’re inviting builders to start testing Flashblocks on Base Sepolia testnet today.</p></li><li><p><strong>Making Base more powerful:</strong> Base Appchains are Layer-3 chains on Base to help apps scale through dedicated blockspace, powered by the op-enclave framework. Appchains are a natural evolution for apps spending significant amounts on gas credits for their end users.</p></li><li><p><strong>Making Base simpler:</strong> Smart Wallet Sub Accounts are now live on Base testnet — simplifying the UX on Base by reducing wallet pop-ups, improving security, and removing the need to manually manage different onchain accounts.</p></li></ul><h2 id="h-base-is-fast-flashblocks-are-now-live-on-testnet" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Base is fast: Flashblocks are now live on testnet</strong></h2><p>People expect near-instant responses when interacting with apps, and a snappy user experience is key to enabling the global onchain economy.</p><p>With Flashblocks, a technology built by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.flashbots.net/">Flashbots</a>, Base chain will have 200-millisecond “preconfirmation blocks”. This will make Base 10x faster than it is today, and the fastest EVM chain to date.</p><p>Flashblocks are partial blocks issued by the block builder and streamed to nodes every 200 milliseconds, allowing users to experience early confirmation times with native revert protection. This architecture draws inspiration from innovations in block propagation and execution — such as Solana’s shreds and Celestia&apos;s data squares — while introducing novel optimizations for the rollup context. Learn more about how Flashblocks work in <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://github.com/flashbots/rollup-boost?tab=readme-ov-file#core-system-workflow">Flashbots’ documentation</a>.</p><p>Flashblocks are now live on Base Sepolia testnet, with a path to mainnet in Q2. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.base.org/flashblocks">See the demo</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://base.dev/flash">start building with Flashblocks</a> today.</p><h2 id="h-base-is-powerful-base-appchains-are-now-live" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Base is powerful: Base Appchains are now live</strong></h2><p>Base Appchains are Layer-3 chains that provide dedicated blockspace for apps looking to scale further on Base. High traffic, mature apps can take advantage of dedicated infrastructure powered by Coinbase Developer Platform (CDP). Apps that are spending significant funds sponsoring gas (such as with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/developer-platform/products/paymaster">CDP Paymaster</a>) should consider launching an Appchain for a more customized experience to meet demand.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.base.org/builders/base-appchains">Base Appchains</a> are:</p><ul><li><p>Built for scale: Using <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://github.com/base/op-enclave">op-enclave</a>, chain state is proven immediately using AWS S3 and AWS Nitro Enclaves. More technical details on how and why we built this can be found in our <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://blog.base.dev/scaling-with-base-appchains">Engineering Blog</a>. Each Appchain is supported by enterprise-grade infra, with a fully managed sequencer and nodes, maintenance and upgrades, and a ready-made block explorer.</p></li><li><p>Customizable: Appchains offer a series of customization options, including custom gas tokens, permission allowlists, and custom fee logic.</p></li><li><p>Builder-friendly: Appchains are managed through CDP with builder-friendly pricing and compatibility with Base builder tools like Smart Wallet and CDP Paymaster.</p></li></ul><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/BLOCKLORDS">Blocklords</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SuperChampsHQ">Super Champs</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/Metacade_">Metacade</a> are launching Appchains to meet the high demands of onchain gamers. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.proof-8.com/">Proof 8</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/mvlchain">MVL</a> offer real-world services that must operate at the scale Base Appchains are prepared to deliver. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/DCP_Foundation">Decentralized Pictures</a> is launching an Appchain on Base because of the throughput and scalability needed to distribute onchain cinematic art. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/horizenglobal">Horizen</a>’s Base Appchain will support real-world privacy applications, benefitting from Appchain programmability.</p><h2 id="h-base-is-simple-smart-wallet-sub-accounts-are-now-live-on-testnet" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Base is simple: Smart Wallet Sub Accounts are now live on testnet</strong></h2><p>Over the past year, embedded app wallets have become popular because of their ease of use. However, they can also lead to disjointed experiences — forcing users to juggle multiple accounts, fund each separately, and keep track of assets spread across different accounts.</p><p>Smart Wallet Sub Accounts significantly improve UX for end users and DevX for builders. With <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.base.org/identity/smart-wallet/guides/spend-permissions/overview">fine-grained spend limits</a> and the benefits of a single universal account, we are moving closer to a world where onchain apps “just work”. With Smart Wallet Sub Accounts:</p><ul><li><p>Users can manage all of their onchain accounts from one universal wallet, removing the need to manually manage assets across multiple apps.</p></li><li><p>Users encounter less friction, with fewer signatures, fewer pop-ups, and a streamlined onchain experience.</p></li><li><p>Users can securely fund new accounts directly from their universal wallet with spend permissions, helping solve the cold start problem for builders.</p></li></ul><p>Smart Wallet Sub Accounts are powered by our new underlying accounts framework — combining spend permissions, hierarchical account ownership, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://github.com/ethereum/ERCs/pull/932">a new ERC</a> developed by the Base team.</p><p>Smart Wallet Sub Accounts are <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://docs.base.org/identity/smart-wallet/guides/sub-accounts/overview">ready for integration</a> on Base testnet today, and will be live on mainnet in Q2.</p><p>Read our <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://blog.base.dev/subaccounts">engineering blog</a> to dive into the technical details of Sub Accounts.</p><h2 id="h-base-is-for-builders" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Base is for builders</strong></h2><p>Since day one, Base’s goal has been to empower builders with the tools to create world-class onchain apps. With these new building blocks, we’re making Base faster, simpler, and more powerful than ever before.</p><p>And to bring it all together, we launched a new hub — featuring tools, guides, stories, and more — to serve as the home base for builders creating the onchain future:</p><ul><li><p>A new website with everything you need to build, scale, and monetize your onchain app. Start building today at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://base.org/builders">base.org/builders</a>.</p></li><li><p>A new social handle to keep you in the loop on everything that’s happening in the Base builder community. Follow <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/buildonbase">@buildonbase</a>.</p></li><li><p>A new GitHub for our open-source codebase, for those ready to roll up their sleeves and contribute directly to Base. Get involved at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://github.com/base">github.com/base</a>.</p></li></ul><p>What will you build?</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Expanding Global Access to Crypto with Onboard
]]></title>
            <link>https://paragraph.com/@base-8/expanding-global-access-to-crypto-with-onboard</link>
            <guid>WwmuhDIfgHiWgzqFGmmy</guid>
            <pubDate>Mon, 24 Feb 2025 21:09:56 GMT</pubDate>
            <description><![CDATA[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,...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> <em>Coinbase Wallet has integrated </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://onboard.xyz"><em>Onboard</em></a><em> 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.</em></p><p>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, a common barrier in many countries is being able to purchase crypto with local currency. Verification processes can be long and conversion rates lead to high fees.</p><p>To solve this, Coinbase Wallet is integrating with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onboard.xyz/">Onboard</a>, a global peer-to-peer cryptocurrency exchange. With Onboard P2P, Coinbase Wallet users can purchase crypto using local currency from a network of seller merchants in as little as 5 minutes, with no need for ID verification if you buy under $100 USD in total.</p><p><strong>How Onboard Works</strong></p><p>Onboard operates a decentralized peer-to-peer exchange protocol that connects local buyers and sellers of cryptocurrency in different markets. The process works like this:</p><ul><li><p>Buyers select the cryptocurrency and amount</p></li><li><p>Onboard matches the buyer to a seller in their region</p></li><li><p>An escrow is set up to facilitate a secure trade for both parties.</p></li><li><p>Once funds are confirmed, the cryptocurrency is released to the buyer</p></li></ul><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/7414f41d6b671ef6e91b6b9a152da5a180d4a54fbc4a1015a7085490778cea5f.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>If you’re in Nigeria, try out the Onboard experience in <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://go.cb-w.com/buy?presetFiatAmount=769&amp;asset=USDC&amp;chainId=8453&amp;provider=onboard">Coinbase Wallet today</a>. Simply select Pay with Onboard P2P when buying crypto. You’ll be directed to a simple and secure experience with Onboard, where you can select local payment options and be connected to a seller. Once payment is made, you’ll receive your crypto in as little as 5 minutes.</p><p><strong>Expansion to More Countries in 2025</strong></p><p>Nigeria is the first of many countries where Coinbase Wallet is offering easier access to Onboard’s peer-to-peer exchange. Onboard is aiming to enable its payment option in over 50 countries in the coming year, with Argentina, India, Indonesia, Kenya, the Philippines, and Turkey support coming soon. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.onboard.xyz/merchant">Contact Onboard</a> if you’d like to be a merchant in these countries.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Evolving Coinbase Wallet to Bring the World Onchain]]></title>
            <link>https://paragraph.com/@base-8/evolving-coinbase-wallet-to-bring-the-world-onchain</link>
            <guid>oWZPZ7B6bOrpPC9CB9eo</guid>
            <pubDate>Tue, 04 Feb 2025 17:00:01 GMT</pubDate>
            <description><![CDATA[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. Base app @baseapp Let's talk about the future of Coinbase Wallet. 1,705 11:02 AM • Feb 4, 2025 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...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR</strong>: 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.</p><div data-type="twitter" tweetId="1886822569334181966" 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          <a target="_blank" href="https://twitter.com/baseapp/status/1886822569334181966"><p>11:02 AM • Feb 4, 2025</p></a>
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  </div><p>Last year, we made great progress with Coinbase Wallet by simplifying onboarding and transactions with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/blog/a-new-era-in-crypto-wallets-smart-wallet-is-here">Smart Wallet</a>, building more <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/CoinbaseWallet/status/1877457442251866179">options to buy crypto</a> in over 140 countries, and rewarding people who <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/blog/Coinbase-Wallet-USDC-Rewards">bring their money onchain</a>. We also announced that Coinbase Wallet and Base would join forces to help power the onchain flywheel.</p><p>Base supports developers who build onchain, Coinbase Wallet onboards people, and those people discover and experience great apps. This is the way the flywheel <em>should</em> work. But, the reality is that it’s not working as well as it should today.</p><p>We’re seeing all-time highs in downloads for Coinbase Wallet, but these people come onchain to buy a coin, and then stop there. Our goal is to take them further.</p><p>That’s what 2025 is all about — doing more than just getting people through the door by connecting them to the incredible products that builders are creating every day. It’s about helping builders go viral with their products, coins, and creativity.</p><p>To do this, we’re building the next evolution of Coinbase Wallet.</p><p><strong>Coinbase Wallet’s big rocks for 2025</strong></p><p>We’re rebuilding Coinbase Wallet into an open platform that anyone can build and grow into, and we’re going to help builders go viral. To do this, we’re focusing on:</p><ul><li><p><strong>Helping apps get discovered.</strong> We’re adding a social graph to the Coinbase Wallet app by leveraging <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://farcaster.xyz">Farcaster</a>, an open, social protocol that <em>anyone</em> can build on top of. We’ll use Farcaster to power a full social feed, as well as mini-apps with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.farcaster.xyz/developers/frames/v2/">Frames v2</a>. These are bite-sized onchain experiences — created in minutes — allowing users to take actions without leaving the feed.</p></li><li><p><strong>Making Coinbase Wallet 10x faster and easier to use</strong>. We’re rewriting everything from the ground up. We started this late last year, have made incredible progress, and will be rolling out the first beta in the coming months.</p></li><li><p><strong>Evolving our brand to represent more than Coinbase Wallet and Base.</strong>  Since 2023, we’ve seen an explosion of creativity from the community and feel that we need a brand that not only represents us, but something that the community can use and own themselves. It takes everyone working together to build a better internet.</p></li></ul><p><strong>Here’s what’s changing</strong></p><p>As we work to carry out this vision, we’re excited about what this means for the onchain economy.</p><ul><li><p>First, we’re going to make Coinbase Wallet work incredibly well for payments. Crypto payments are a core use case and a key foundation for everything else, and today they’re still too hard. <strong>2025 is the year we make payments just work</strong>.</p></li><li><p>For builders, we’re going to help them <strong>reach millions of users coming onchain</strong> with mini-apps supported across the social feed. It’ll be the easiest way to get distribution and go viral.</p></li><li><p>For traders, we’re going to <strong>accelerate the onchain network that makes viral token moments happen.</strong> We’re building a wallet that lets you follow, trade, and share with your social network, all in one place.</p></li><li><p>For creators, we’re going to help you <strong>connect and earn from your creativity</strong>, with millions of people ready to join your community.</p></li><li><p>And for everyone onchain, we’re going to make it incredibly easy for you to find the apps you want to use, the coins you want to buy, the projects you love, and the communities you want to be a part of.</p></li></ul><p>2025 will be the year Coinbase Wallet becomes <em>the</em> place for distribution for builders, creators, and communities. We have a lot to do, and we can’t do this alone.</p><p>Want to be a part of it? Start bringing your content onchain, and start experimenting with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.farcaster.xyz/developers/frames/v2/">mini-apps</a> that can be part of the onchain social graph. The more people we have building on top of open standards like Farcaster, the faster we bring the world onchain.</p><p>Join us on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/base/">Farcaster</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/base">X</a> as we share how all this will unfold, and to be a part of the new beta experience soon.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Base 2025 Mission, Vision, and Strategy]]></title>
            <link>https://paragraph.com/@base-8/base-2025-mission-vision-and-strategy</link>
            <guid>iGHzdC3Oo0j2hPkGXCQu</guid>
            <pubDate>Thu, 16 Jan 2025 22:15:41 GMT</pubDate>
            <description><![CDATA[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...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> <em>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.</em></p><h2 id="h-our-mission" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Our mission</h2><p>Our mission is to build a global onchain economy that increases innovation, creativity, and freedom. A new internet, built by the people, for the people.</p><p>Success looks like the whole world onchain — millions of builders and billions of people — and the only way we get there is by connecting people, builders, and businesses. By inviting the world to build alongside us and building in the open, we’re creating a new kind of internet that supports an open, thriving economy for everyone.</p><p>One of the biggest pieces of feedback we consistently hear is that it’s still too hard to join this new economy. This year, we’re focused on simplifying the message, making the products just work, and bringing the whole world onchain.</p><h2 id="h-our-big-hairy-audacious-goals-for-2025" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Our big, hairy, audacious goals for 2025</h2><p>To bring a billion people onchain, we have to work hard and push ourselves beyond our comfort zones. If we’re hitting every milestone we set, we’re not aiming high enough. So, as we enter 2025, we set some big, hairy, audacious goals that both excite and scare us:</p><ul><li><p>25 million people</p></li><li><p>25 thousand developers</p></li><li><p>250 Mgas/s blockspace capacity</p></li><li><p>$100 billion assets on platform</p></li><li><p>1 billion transactions on Base in October</p></li></ul><p>When we look back at the end of this year, we’ll know we’re on track if we reached for these goals and they challenged us to go above and beyond. With a bit of luck and a lot of determination, we have a shot at achieving them.</p><h2 id="h-our-five-strategic-pillars-for-2025" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Our five strategic pillars for 2025</h2><p>To achieve these goals, in 2025, we need to work <em>together</em>. And that means focusing our collective efforts on things that accelerate each other and help us be stronger, together. To help keep us all rowing in the same direction, we want to pull back the curtain and share what the Base core team is doing to make it happen. Our hope is that this inspires you to build with us.</p><h3 id="h-1-base-is-for-builders" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">#1 Base is for builders</h3><p>We will <strong>build powerful and open tools that enable anyone to build world-class onchain apps</strong>. Whether you’re an advanced onchain developer, a web2 convert, or a total beginner, we want to enable you to build and make an impact.</p><ol><li><p>Double down on OnchainKit and the building blocks for world-class apps</p></li><li><p>Ship new tools to help builders embrace AI agents and mini-apps</p></li><li><p>Enable gasless experiences and scale with Paymasters and L3s</p></li></ol><h3 id="h-2-base-is-for-apps" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">#2 Base is for apps</h3><p>We will <strong>nurture a vibrant ecosystem of connected, open onchain apps that grow the number of people using Base</strong>. More apps translate to more concrete reasons for every single person to get onchain.</p><ol><li><p>Help apps, builders, and creators go viral by giving them more distribution</p></li><li><p>Build new tools to help creators earn more, tell the story of onchain, and grow</p></li><li><p>Make core onchain experiences across social, trading, payments, and messaging</p></li></ol><h3 id="h-3-base-is-for-ownership" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">#3 Base is for ownership</h3><p>We will <strong>create a powerful onchain account with seamless funding, identity, and management</strong>. We’ll continue our work on Smart Wallet to eliminate complexity for developers and users, make apps just work, and put control back in your hands.</p><ol><li><p>New user onboarding in &lt;60s (with funding!) without creating siloed accounts</p></li><li><p>Make apps just work without popups or compromising user sovereignty</p></li><li><p>Enable users to easily leverage their full identity and assets in a secure, private way</p></li></ol><h3 id="h-4-base-is-for-markets" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">#4 Base is for markets</h3><p>We will <strong>make Base the center of the onchain economy with highly liquid, always-on, global capital markets</strong>. The more assets and liquidity we bring to Base, the faster the entire financial world will come onchain.</p><ol><li><p>Bring Coinbase onchain and grow the number of assets on Base</p></li><li><p>Support 25+ local currency stablecoins to enable every country to come onchain</p></li><li><p>Enable on and offramps in every country around the world</p></li></ol><h3 id="h-5-base-is-for-everyone" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">#5 Base is for everyone</h3><p>We will <strong>decentralize, scale, and accelerate Base to enable everyone, everywhere to come onchain</strong>. The only way we can build a truly global economy is by making sure it’s built on a decentralized, open platform — and we are proud to do this as part of Ethereum and the Superchain.</p><ol><li><p>Achieve Stage 1 decentralization</p></li><li><p>Scale Base’s blockspace capacity to 250 Mgas/s</p></li><li><p>Speed up blocktimes and drive down fees to deliver &lt;1s, &lt;1¢ transactions</p></li></ol><p>These five strategic pillars are what the Base team is focused on today — and we’re building and learning every day. As we do, we’ll continue to evolve our plans and together we’ll bring the world onchain.</p><h2 id="h-how-we-build-in-a-based-way" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">How we build in a based way</h2><p>At the end of the day, it’s not just about <em>what</em> we do in 2025 — it’s also about <em>how</em> we do it. And in 2025, we’re going to stay based. This means:</p><ol><li><p>Doing the right thing</p></li><li><p>Working hard</p></li><li><p>Staying optimistic</p></li><li><p>Pushing boundaries with creativity</p></li><li><p>Putting the team over the individual</p></li></ol><p>If all of us can build in a based way, we’ll be able to go faster and further.</p><h2 id="h-the-rest-is-up-to-us" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">The rest is up to <em>us</em></h2><p>We’ve shared the Base mission and strategy and how the Base core team is contributing to make it happen. But at the end of the day, we can only succeed if all Base builders step up to make it happen. We win, together.</p><p>Are you ready to build alongside us?</p><p>Join us on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/base">X</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/base/">Farcaster</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase?utm_source=dotorg&amp;utm_medium=nav">Discord</a> to get building — and follow the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/i/lists/1876354838289932418">Base team</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/i/lists/1869425408573075694">Base community leaders</a> to stay up to day with the Base economy as it grows.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Reflections from Base Around the World ]]></title>
            <link>https://paragraph.com/@base-8/reflections-from-base-around-the-world</link>
            <guid>1kcvUXd9zzbteS6t4B6T</guid>
            <pubDate>Fri, 13 Dec 2024 19:32:30 GMT</pubDate>
            <description><![CDATA[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 ...]]></description>
            <content:encoded><![CDATA[<p><strong>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.</strong></p><p><strong>Builders are creating the onchain future, around the world</strong></p><p>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 of a global onchain economy.</p><p>Here’s what we learned:</p><ol><li><p><strong>Momentum is global.</strong> Builders around the world are pushing the limits, and we’re here to invest in their futures. In 2025, we&apos;re doubling down on global initiatives, offering more resources, support, and office hours across time zones. We&apos;re also hiring country leads for Kenya, Argentina, and the Philippines to ensure local support is as strong as it can be. If you or someone else could be a fit, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.base.org/jobs">apply here</a>.</p></li><li><p><strong>Stablecoins are key.</strong> To build a global onchain economy, stablecoins are a must. They power critical use cases, from cross-border remittances to local merchant payments to small business payroll. In 2025, we believe Base’s position as the leading L2 makes it uniquely positioned as the premier onchain destination for stablecoins.</p></li><li><p><strong>Local solutions, global impact.</strong> Every region has its unique challenges, but there are common themes: control over financial lives, better access to credit, and fairer economics for creators. Builders can solve these problems locally and have a global impact.</p></li></ol><p><strong>Shout-out to our community builders and Buildathon participants</strong></p><p><strong>Africa (Kenya)</strong></p><p>Our first IRL stop was Kenya, where we met builders tackling social and financial challenges.  We were inspired by grassroots heroes like <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/m3av3/status/1853708742606348447">Maeve</a>, who translated Base docs to Swahili.  Builders like <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/YeleBademosi">Yele</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/njokuScript">Njoku</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/DefiDevrel">Elijah</a> passionately and generously support, elevate and mentor builders across Africa. We heard from many builders working to improve cross-border payments, IRL and P2P commerce, and microlending, all through onchain solutions.</p><p>Based Africa buildathon had the highest number of projects submitted, and we’re proud to announce 23 winners: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/base-sessions-f0ae">Base Sessions</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/basepay-df80">Basepay</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/the-unbound-project-ce0a">The Unbound Project</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/flexclub-3732">Flexclub</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/ridebase-d185">RideBase</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/azza-defi-fe69">Azza Defi</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/afrobase-team-df70">AfroBase</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/lendbit-finance-073b">Lendbit</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/delar-94c5">Delar</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/kombat-f143">Kombat</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/yield-4b92">Yield</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/base-learn-7633">learnOnchain</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/legitify-9f5a">Legitify</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/antugrow-779d">Antugrow</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/health-trove-7ae8">Health Trove</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/baseeastafrica-eastafrikabaseeth-bece">baseEastAfrica</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/maisha-care-3167">Maisha Care</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/sakaxchange-4442">MQR Pay</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/payflip-4245">PayFlip</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/base-tours-9360">Base Tours</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/data-bud-edf9">Data Bud</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/learnova-ec42">LearNova</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/element-pay-1d6c">Element Pay</a>.</p><p>We’re super grateful for the builders bringing Africa onchain, including <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/yelebademosi">Yele</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/yosephayele?lang=en">Yoseph</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/sir-damilare">Dami</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/kokocodes">Kokocodes</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/__iamcharis">Charis</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/auma_chemutai?s=21&amp;t=NzpDwLgAGgLSjm6-fHhUeg">Harriet</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/iamgrammyboy">Grammy Boy</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/_jboflagos">JBofLagos</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/Bernard_O1">Bernard</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/defidevrel">DefiDevrel</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/misspurrple_?s=21&amp;t=NzpDwLgAGgLSjm6-fHhUeg">Miss Purple</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/kokkytau">Kokkytau</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/druxamb">Druxamb</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/Kc_Pele">KC Pele</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/njokuScript">Njoku</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/realdavidlumala?lang=en">David Lumala</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/roger_taracha">Roger</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/eddiekago">Kago</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/ChrisKinya?t=TfQ5J65z3r8GcNuUhJq9UA&amp;s=09">Chris</a>, and countless others. We had so much fun meeting some of them in person. Check out our conversations with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.instagram.com/p/DCO2jQcp0B2/">DefiDevrel</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.instagram.com/p/DCbtXZmpy66/">HazardKrypto</a>.</p><p>Base is committed to Africa’s long-term growth, and we’re starting by hiring a Country Lead in Kenya to help build stronger local support. We can’t wait to meet more of you and continue the journey.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/390eaa1a7b7269de3e6d738c3793505dc41a7d10d1f0503c7c910c8e703ba58b.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>India (Bangalore)</strong></p><p>After Kenya, our next stop was Bangalore. We connected with hundreds of builders and participated in an <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.instagram.com/p/DCW1fKovoYe/">IRL/onchain soccer tournament</a>. Indian builders are laser-focused on building solutions for global audiences . Big shout-out to our Based India buildathon winners, including: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/basedcoffee-6709">Based Coffee</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/tike-60d6">Tike</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/basics-b60f">Basics</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/superbasenames-5e0d">SuperBaseNames</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/defilens-memecoin-rebalancer-e778">DefiLens</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/tagfi-dd72">TagFi</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cultureco-93eb">CultureCo</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/castmoney-feed-cc53">CastMoney</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/etherzap-81d8">EtherZap</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/lumen-f464">Lumen</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/vox-9aed">Vox</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/minibase-1fbf">MiniBase</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/neom-ba56">Neom</a>.</p><p>We’re grateful to all builders who contributed to the Based India buildathon and who are bringing people onchain every day:, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/akhil_bvs?lang=en">Akhil</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SKY_Sankalp">Sankalp</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/denverjude?lang=en">Denver</a> and the entire Devfolio team, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/apoorav_vyas?lang=en">Apoorav</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/ashik_khader">Ashik</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/cybershakti">Cyber Shakti</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/happys1ngh?lang=en">Harpreet</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/kushal5paliwal">Kushal</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/pareenl">Pareen</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/shubhamtotu">Shubham</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/themohitmadan">Mohit</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/tushaarmehtaa?lang=en">Tushar</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/vrajdesai78?lang=en">Vraj</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/gayatri_gt">Gayatri</a>, and many more.</p><p>If you’re a builder in India, and want to stay connected with the builder community, follow<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/BasedIndia"> Based India</a>, reach out to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/Saxenasaheb">Saumya</a> (India Country Lead),  and watch this<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/BasedIndia/status/1855981899795284249"> epic recap of our meetup</a>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/900509c1893cbb8e5713f1c66faf4ca1c175aaeb31c4728b5ca3bdd638c18a6f.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>Southeast Asia (Bangkok, Singapore, Johor Bahru, and Manila)</strong></p><p>After Bangalore, we landed in Bangkok for Devcon and announced the Based SEA winners during our Bangkok Meetup. We<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/jessepollak/status/1856632673768247405"> opened up Home Base for Devcon, </a>had an incredible breakfast with<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/base/status/1856966028204658808"> women+ building on Base,</a> and Jesse Pollak participated in a panel with Vitalik, sharing how Base now passes<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/base/status/1865109156472242251"> the walk-away test</a>. Following Devcon, we had meetups in Singapore and closed the tour in Manila, where we participated in the YGG Gaming Summit and announced the<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/base/status/1859106684742103252"> launch of Onchain Guilds</a>. We also made a quick stop to visit Balaji and the builders at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ns.com/school">the Network School</a>.</p><p>We can&apos;t wait to see more creativity and new use cases come out of SEA. Check out our Based SEA buildathon winners: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cube-6eba">Cube</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/agrofund-cc53">AgroFund</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/sdaasd-91ad">Based Chula Students</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/autobase-industrial-robotic-automation-on-base-98fb">AutoBase</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchainbuster-9549">Onchain Buster</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/magnifycash-8407">Magnify Cash</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/streamfund-a0fe">StreamFund</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/local-coins-54c4">Local Coins</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/kaivest-6fbf">Kaivest</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.google.com/document/d/1T0pid-UuWchWco6w6hUYCeSoYGKw9BooUfTkA8nUwcs/edit?tab=t.0">Onchain Scholar</a>s, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/simplifying-asset-transfers-across-chains-on-base-b131">WhiteBlue Swap</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/coinbase-smart-passport-a2db">Coinbase Smart Passport</a>.</p><p>We’re also grateful for the builders who made Based SEA a success, including <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/0xsantosa">santosa</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/0xwildanr">0xwildanr</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/atomatomo">Atomo</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/ayvee_dev">ayvee</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/cincauhangus?lang=en">aho</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/harrytrananh">Harry</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/hypersoundnft">hypersound</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/jitzlim">Jitz</a> (thanks for your <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/jitz/0xc657fa11">awesome recap vid</a>), <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/kangunx?lang=en">kangun</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/kylepatrick_eth">kylepatrick</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/Nine_0x9">Nine</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/pshato0x?lang=en">PShato</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/reallyryl">reallyryl</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/liberatheon">Pm</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/elxlee">el</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/derRizzMeister">drizz</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/nathana3lch">nael</a>, and many others.</p><p>If you’re a builder based in Southeast Asia and want to get involved, follow Based SEA on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/BaseSEA_">X</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-sea">Warpcast</a>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/198aab69e37b9014fefb07582bcacb1e9f32cf3b73300ac5c25ff89b75777ab1.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>LatAm (Argentina, virtual)</strong></p><p>Although we couldn’t make it to Argentina in person, we’re excited to visit for a full LatAm tour in 2025. Thanks to the Based LatAm community (powered by Odisea) for hosting the virtual buildathon and making it a success.</p><p>We’re grateful to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/0xcush">cush</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/3maxtorres">Max</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/chaps">chaps</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/FerCaggianoArt">Fer</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/hoocrypto">Juampi</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/joaoborges">João</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/simonethg">Simoneth</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SolangeSoifer">Solange</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/robertramdev?lang=en">Robert</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/sweetman_eth">sweetman</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/iamlosi?lang=en">Losi</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/carlosjmelgar">Carlos</a>, and many more for making the Based Latam buildathon a success and bringing people onchain to Base.</p><p>We were excited to see projects across diverse use cases in LatAm, from stablecoins to access to credit and more. Check them out: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/credittalent-42f6">CrediTalent</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bondi-finance-8d89">Bondi Finance</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/clpd-the-chilean-peso-stablecoin-d702">CLPD Stablecoin</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bobc-0b92">BOBC Stablecoin</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/buildmyevent-f991">BuildMyEvent</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/sembrando-el-cambio-with-el-chico-de-las-plantas-fb5b">Sembrando El Cambio</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/openvino-c995">OpenVino</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/builtin-ai-agent-for-coinbase-wallet-6734">AI Agent for Coinbase Wallet</a>.</p><p><strong>What’s next</strong></p><p>Across the globe, builders have told us they want continuous support — and we’re listening. In 2025 we’re planning to:</p><ul><li><p><strong>Mentorship and education:</strong> We’re launching office hours in Africa, India, and SEA time zones to provide faster support. Plus, we’ve teamed up with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/RareSkills_io">RareSkills</a> to offer an intermediate smart contract development bootcamp focused on token standards.</p></li><li><p><strong>Hiring:</strong> We’re looking for country leads in Kenya, the Philippines, and Argentina, along with more global roles in dev rel, marketing, and engineering. We will continue to grow our country coverage to ensure all builders get the support they need. Check out open positions <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.base.org/jobs">here</a>.</p></li><li><p><strong>Product updates:</strong> Stablecoins remain a priority in 2025. Base believes its position as the leading L2 makes it uniquely positioned as the premier onchain destination for stablecoins.. We’re also rolling out new product features to make it even easier to get onchain.</p></li></ul><p>The Base Around the World tour was a journey we’ll never forget, and we’re excited for what’s ahead. Builders, we’ll see you in 2025.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/5a1a2d1e7c4848d5630f512064a62ed06daeb19b54f030be57405c717f07c519.png" length="0" type="image/png"/>
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            <title><![CDATA[Fault proofs are now live on Base Mainnet]]></title>
            <link>https://paragraph.com/@base-8/fault-proofs-are-now-live-on-base-mainnet</link>
            <guid>pRgSj60FYstx8VD29b4C</guid>
            <pubDate>Wed, 30 Oct 2024 16:56:39 GMT</pubDate>
            <description><![CDATA[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...]]></description>
            <content:encoded><![CDATA[<p><strong>TL;DR:</strong> 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.</p><h3 id="h-building-towards-decentralization" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Building towards decentralization</h3><p>From <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/aBwt4flT1WAKJGQTj2AXBpH_8Qd3umQ-ZECLAJoO_nE">the beginning of Base</a>, we have championed the belief that creating an open, global onchain economy is only possible on a decentralized platform. This is why Base is:</p><ul><li><p>Built on Ethereum — the most secure and decentralized L1.</p></li><li><p>Built on Optimism’s open-source OP Stack — an open-source public good that serves as the foundation for a Superchain of L2s that will share interoperability, security, and governance.</p></li><li><p>Committed to the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/aBwt4flT1WAKJGQTj2AXBpH_8Qd3umQ-ZECLAJoO_nE">Law of Chains</a> with Optimism, which includes a commitment to neutrality, a decentralized security model, ecosystem protections, and community governance principles.</p></li><li><p>Upholding the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/blog/coinbases-neutrality-principles-for-base">Base Neutrality Principles</a>, including user autonomy, unbiased transaction sequencing, discretion with non-public data, and unrestricted withdrawals.</p></li></ul><p>We’re laser-focused on making continuous advancements towards full decentralization. This is why, today, we’re taking the next important step in decentralizing the network: fault proofs are now live on Base Mainnet.</p><h3 id="h-what-fault-proofs-mean-for-base" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">What fault proofs mean for Base</h3><p>Vitalik’s <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ethereum-magicians.org/t/proposed-milestones-for-rollups-taking-off-training-wheels/11571">decentralization framework</a> lays out a path for Layer-2 rollups on Ethereum, like Base, to progressively and safely decentralize. Fault proofs are an essential component of going from Stage 0, in which a rollup has “full training wheels,” to Stage 1, which has “limited training wheels”.</p><p>This year, the Base core team collaborated closely with Optimism to bring the OP Stack <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.optimism.io/stack/fault-proofs/explainer">Fault Proof System</a> to Base. This enables a decentralized approach to proposing and validating L2 state, and paves the way towards more community participation.</p><p>Fault proofs have two important capabilities to improve decentralization:</p><ul><li><p><strong>Permissionless proposals:</strong> Fault proofs help validate the state of Base in a decentralized way, allowing any participant to propose claims about the overall state of the chain, and the legitimacy of the transactions on it. This removes reliance on a central party to prove state. Permissionless output proposals go beyond what is required for Stage 1 decentralization.</p></li><li><p><strong>Permissionless challenges:</strong> If a faulty or fraudulent claim is made (e.g. a malicious attempt to withdraw ETH from the bridge), anyone can challenge it within 3.5 days by running the open-source <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.optimism.io/builders/chain-operators/tools/op-challenger">challenger software</a> included in the OP Stack. Participants who successfully challenge a claim receive the bonds of the invalid claim, creating an economic incentive to help secure the network. This fosters community-driven accountability and control, reducing the need to trust a centralized entity for state verification. With the Fault Proof System, the presence of even a single honest challenger ensures the network will remain secure. To maintain this safeguard, the Base team will operate a challenger continuously.</p></li></ul><p>Together, these changes significantly increase the decentralization of Base and allow anyone to permissionlessly move their funds from Base L2 to Ethereum L1 without relying on any centralized actors.</p><h3 id="h-next-up-stage-1-decentralization-and-beyond" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Next up: Stage 1 decentralization and beyond</h3><p>Fault proofs are a big step towards Stage 1 decentralization, but we have one more milestone to hit to get there. Today, smart contract upgrades on Base are reviewed and approved by several contributors from the Base and Optimism teams.</p><p>Getting to Stage 1 means expanding this set of approvers to a broader, decentralized group of stakeholders — a “security council” — ensuring that Base protocol upgrades are managed without centralized control. Base is on track to complete this final step and achieve Stage 1 decentralization in the coming months.</p><p>Looking towards 2025, we’re excited to continue progressing towards full decentralization by taking steps towards Stage 2. Our biggest priority is to support the development of multiple fault proof implementations, such as our recent contributions to standardize L2 state validation and improve compatibility of fault proofs with new execution clients.</p><p>With fault proofs now live, we’re excited to continue building on the Base, Superchain, and Ethereum vision of a more decentralized, better internet that is accessible to all.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/e74c1890a1836b24f410095eefe58fc909deb5774d61b3377718a825aaac52f2.png" length="0" type="image/png"/>
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            <title><![CDATA[Introducing free onchain monitoring for Base builders]]></title>
            <link>https://paragraph.com/@base-8/introducing-free-onchain-monitoring-for-base-builders</link>
            <guid>Tsk61BHU9GYHQml61UOZ</guid>
            <pubDate>Tue, 29 Oct 2024 19:50:16 GMT</pubDate>
            <description><![CDATA[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&apos;s enterprise-grade practices wit...]]></description>
            <content:encoded><![CDATA[<p><strong>TL;DR:</strong> 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. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bit.ly/hexagateforbase">Apply now</a>.</p><h2 id="h-building-base-with-a-security-first-approach" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Building Base with a security-first approach</h2><p>From day one, Base has been built with a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/_SiAx8dQRYJJ4lygkJc0QvBKvf16VVm7_-mdWMdFv20">security-first approach</a> — combining Coinbase&apos;s enterprise-grade practices with an open-source codebase. At the chain level:</p><ul><li><p>Base is built on the secure, open-source OP Stack with Optimism, benefiting from extensive audits and community security efforts.</p></li><li><p>Coinbase&apos;s Protocol Security team thoroughly audited Base, enhancing security and ensuring no critical vulnerabilities before mainnet launch.</p></li><li><p>Before mainnet launch, Base engaged over 100 security researchers in a public audit contest, strengthening Base&apos;s security through broad community input.</p></li></ul><p>To bring the next billion users onchain, we’re now looking to empower builders with the tools they need to build secure, reliable apps and protocols for their users. A critical component of this is smart contract monitoring, enabling builders to detect potential threats to their app or protocol and take action. But onchain monitoring is expensive, time-consuming, and difficult for builders to set up.</p><p>Now, we&apos;re taking a major step towards this by offering access to free smart contract monitoring, detection, and analytics for every app or protocol on Base by partnering with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.hexagate.com/">Hexagate</a>.</p><h2 id="h-empowering-builders-on-base-with-advanced-security-tools" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Empowering builders on Base with advanced security tools</h2><p>For the past year, the Base core team has leveraged Hexagate’s solutions to improve security on Base — using its threat detection ML models, invariant monitoring, and risk intelligence to proactively enhance Base’s security.</p><p>These solutions monitor foundational assets, like cbBTC, as well as sophisticated smart contract systems like fault proofs, to deliver comprehensive, real-time insights. Earlier this year, we successfully completed a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/blog/strengthening-our-defenses-with-seal-wargame-simulations">SEAL Wargame Simulation</a> using the Hexagate platform to stress test our security protocols against incidents.</p><p>Through our collaboration with Hexagate, <strong>every builder on Base</strong> now has free access to tools that enable early threat detection and proactive risk mitigation.</p><h3 id="h-how-it-works" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">How it works</h3><p>Builders on Base can now use Hexagate’s enterprise-grade platform to secure their apps and protocols with:</p><ul><li><p><strong>Hexagate Ecosystem Tier:</strong> Real-time, ML-based threat monitoring for up to 10 contracts on Base — plus 5 custom monitors for known threats for these contracts <em>for free</em>.</p></li><li><p><strong>Real-Time Alerts:</strong> Immediate notifications that can be forwarded through channels like Slack, Telegram, or email.</p></li><li><p><strong>Guidance and Support:</strong> Documentation and tutorials on setting up monitors, triage alerts, and responding to incidents.</p></li></ul><p>Starting today, anyone can apply for the Hexagate Ecosystem Tier <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bit.ly/hexagateforbase">here</a> — and for builders in need of more advanced features, Hexagate offers a full suite of services at a discounted fixed rate for the first year.</p><h2 id="h-building-a-more-secure-onchain-future" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Building a more secure onchain future</h2><p>We’re committed to fostering a secure and transparent environment for onchain builders, starting with access to smart contract monitoring and progressively rolling out more features, so that every app and protocol on Base can innovate with confidence. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bit.ly/hexagateforbase">Apply for the Ecosystem Tier now</a>.</p><p><em>***Please note that all services and tools are provided by Hexagate, and Coinbase and its affiliates make no guarantees and assume no liability for their use or performance.</em></p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/48962e14ae760b78fd0baed4f10bb836554e98958dd866033836ff0accc20fd8.png" length="0" type="image/png"/>
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            <title><![CDATA[Base Mainnet 09/21/24 Incident Postmortem]]></title>
            <link>https://paragraph.com/@base-8/base-mainnet-09-21-24-incident-postmortem</link>
            <guid>MpYv3aidv3meWgC8yqbm</guid>
            <pubDate>Fri, 27 Sep 2024 21:54:54 GMT</pubDate>
            <description><![CDATA[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...]]></description>
            <content:encoded><![CDATA[<p><strong><em>Lessons learned from Base’s recent block building outage</em></strong></p><p>Base is committed to building in the open, including public retrospectives to share learnings when issues arise.</p><p>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 moving forward.</p><p>The root cause of the block building outage was a misconfiguration on our sequencer cluster. When the current block producer became unhealthy, it was unable to successfully start block building on another instance. The incident was mitigated by manually starting block production on a correctly configured instance.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/622d9dccf0731bf58531918cff57de85a83094711186c183bff4de8e3d53b6b5.png" alt="Graph displaying the stall in the progression of the chain, which is measured by unsafe head block number" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Graph displaying the stall in the progression of the chain, which is measured by unsafe head block number</figcaption></figure><h2 id="h-impact" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Impact</strong></h2><p><strong>Block Production</strong></p><p>No blocks were produced for 17 minutes, beginning at 15:14 UTC. Blocks <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://basescan.org/block/20071146">20071146</a> to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://basescan.org/block/20071691">20071691</a> contain no user transactions, as they were created by the protocol after sequencing resumed.</p><p><strong>Transaction Processing</strong></p><p>Transactions are submitted to Base through the `eth_sendRawTransaction` RPC call, which places them in the mempool. During the incident, the mempool instances continued to function correctly. However, fewer transactions were submitted in that time frame, which can be seen in the graph below.</p><p>There was an immediate drop in both successful and failed `eth_sendRawTransaction` requests after the outage started, followed by a slow rise in failed requests. Our current hypothesis is that less transactions were submitted because applications were impaired by the halt in block production.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/f2ad6145a9e47c99f709bc70c6f9203b8ab76103ce8e49333aa479e4ca102c15.png" alt="Graph of RPC request status for eth_sendRawTransaction calls to our routing services" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Graph of RPC request status for eth_sendRawTransaction calls to our routing services</figcaption></figure><p>Once block production resumed, many of the transactions that were submitted during the incident were included in the blocks immediately following 20071691.</p><h2 id="h-root-cause" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Root Cause</h2><p><strong>Background</strong></p><p>Over the past year, Base has designed and built <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://github.com/ethereum-optimism/optimism/tree/develop/op-conductor#readme">op-conductor</a> to improve the reliability of block production. Our goal with building op-conductor is to increase the overall availability of the system, with a target of achieving 99.99% availability. Prior to op-conductor, any failure of the sequencer would result in an outage. op-conductor enables us to operate multiple sequencers and upon a failure start block production on a healthy instance.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/988f8d7bd0f25df606217847e83e9654bbeae605e74f2c2f670ddc55607c46af.png" alt="Diagram of before and after migrating to the op-conductor enabled sequencer cluster" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Diagram of before and after migrating to the op-conductor enabled sequencer cluster</figcaption></figure><p>On 9/20/2024, we migrated block production from the single sequencer to the op-conductor cluster. However the op-conductor instances were in a misconfigured state, where op-node was not submitting new unsafe block payloads to op-conductor.</p><p><strong>Trigger</strong></p><p>On 9/21/2024 at 15:14 UTC, the currently active sequencer experienced delays in block production. op-conductor correctly detected the issue and began the process to transfer leadership to another instance. As part of the leadership transfer, op-conductor stopped the local op-node from building blocks.</p><p>Due to the misconfiguration, the new block producer was unable to start production as the start operation requires the unsafe payload from op-conductor, which the previous leader did not write. This caused the cluster to enter a state in which no instance was able to become an active block producer.</p><p>Below is a log snippet containing one sample of a failed leadership transfer:</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/7e7e76cc6a19d0a7c274d04e486370d6e968d49d738bf773f2f137753ce33a7f.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>Mitigation</strong></p><p>The incident was mitigated by reverting to the single sequencer topology while the op-conductor cluster configuration was fixed.</p><h2 id="h-what-were-fixing-going-forward" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What we’re fixing going forward</h2><ul><li><p>We <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://github.com/ethereum-optimism/optimism/pull/12047">implemented</a> a bidirectional handshake between op-node and op-conductor at startup to ensure proper communication configuration.</p></li><li><p>Improve our internal configuration management process to prevent and detect misconfigurations.</p></li></ul>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Base is meeting builders around the world]]></title>
            <link>https://paragraph.com/@base-8/base-is-meeting-builders-around-the-world</link>
            <guid>x0rKK0DA2x8UNXOql8dw</guid>
            <pubDate>Mon, 23 Sep 2024 16:01:35 GMT</pubDate>
            <description><![CDATA[TLDR: Base is for everyone — and this fall, we’re going global by meeting with builders around the world. We’ll start with a series of regional buildathons in Africa, India, Southeast Asia, and Latin America. The buildathons will run from September 27 to October 20, with 100 ETH in total prizes. Then in November, the Base team and Jesse Pollak will meet with builders in person in Nairobi, Bangalore, Bangkok, Singapore, and Manila, and virtually in Buenos Aires. Base’s mission is to increase i...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR: Base is for everyone — and this fall, we’re going global by meeting with builders around the world. We’ll start with a series of regional buildathons in Africa, India, Southeast Asia, and Latin America. The buildathons will run from September 27 to October 20, with 100 ETH in total prizes. Then in November, the Base team and Jesse Pollak will meet with builders in person in Nairobi, Bangalore, Bangkok, Singapore, and Manila, and virtually in Buenos Aires.</strong></p><p>Base’s mission is to increase innovation, creativity, and freedom, and we know we can&apos;t achieve this mission alone. This fall, we’re excited to meet with builders around the world.</p><p>To kick things off, we’re launching <strong><em>Base Around the World</em></strong>: a series of regional buildathons in Africa, India, Southeast Asia, and Latin America. Following the buildathons, Jesse Pollak and the Base team will meet in person with builders in Nairobi, Bangalore, Bangkok, Singapore, and Manila, and virtually in Buenos Aires. Dates for each event will be announced soon.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/1857b760a2921df2d51be3675988e54e18f42161fbf88d6cc6999ae89518f8ea.gif" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>We’re focused on these regions for two main reasons:</p><ol><li><p><strong>We’re seeing tremendous energy:</strong> Today, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.developerreport.com/developer-report">74% of onchain builders</a> live outside the US and these four regions are seeing some of the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.chainalysis.com/blog/2024-global-crypto-adoption-index/">fastest growth in onchain adoption</a>. In each, there are growing onchain use cases and talented builders who are solving hard problems. We want to connect, find opportunities to build together, and empower them with resources and support.</p></li><li><p><strong>We can use onchain to solve problems in local contexts:</strong> Every community has different challenges and contexts where onchain technology can be useful. Building a better internet starts by local communities solving local challenges, in ways just now becoming possible. That’s why we are taking a local focus for these buildathons. We want to zero in on the use cases that will <em>bring people benefits in their everyday lives.</em></p></li></ol><h2 id="h-base-around-the-world-africa-india-latin-america-and-southeast-asia" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Base Around the World: Africa, India, Latin America, and Southeast Asia</strong></h2><p>The buildathons will run in parallel from September 27 to October 13. There is one simple prompt: <strong>Build an onchain app that solves a challenge in your community, or use existing onchain tools to create real-world impact in your community by bringing them onchain.</strong></p><p>If you’re looking for ideas, here are a few places to start:</p><ul><li><p>Help people come together, connect, and collaborate more easily — onchain or IRL</p></li><li><p>Unlock access to social and educational resources</p></li><li><p>Build tools that provide easier access to the onchain economy</p></li><li><p>Create localized social or e-commerce apps</p></li><li><p>Create platforms that empower creators to share their work (or, if you&apos;re a creator yourself, share your own)</p></li><li><p>Make a blog, write a blog post, create a YouTube or TikTok video, or other content showing how you&apos;re making an impact and bringing your community onchain</p></li></ul><p>Registration is now open on Devfolio:</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-africa.devfolio.co/">Based Africa</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-sea.devfolio.co/">Based Southeast Asia</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-latam.devfolio.co/">Based LatAm</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-india.devfolio.co/">Based India</a></p></li></ul><p>We’re excited to co-present the buildathons with local builders who are already driving impact in their communities.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/480c06e69510b9d3b64bc9f6725573134cc634eee49db7059e036914a30d1ac1.gif" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>Based Africa</strong></p><p>Connecting builders from all corners of the continent and co-presented by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-africa">Base Africa</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://borderless.africa/">Borderless Africa</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.onboard.xyz/">Onboard</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://yellowcard.io">Yellow Card</a>. Stay connected with builders across Africa on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-africa">/base-africa</a> on Warpcast and get support from Base Devel on #based-africa on the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase">Base Discord</a>.</p><p><strong>Based Southeast Asia</strong></p><p>Covering Thailand, Vietnam, Singapore, Laos, Cambodia, Myanmar, Indonesia, Brunei, Malaysia, and the Philippines, and co-presented by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-sea">Base Southeast Asia</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.yieldguild.io/">Yield Guild Games</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.bitkubcapital.com/">Bitkub</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://coins.ph/">Coins.ph</a>. Connect with builders across Southeast Asia on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-sea">/base-sea</a> on Base Warpcast, and join #based-sea on the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase">Base Discord</a> for dev support.</p><p><strong>Based LatAm</strong></p><p>Spanning Central and South America, from Mexico to Argentina, and co-presented by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://baselatam.com/">Base LatAm</a> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.odisea.xyz/">powered by Odisea</a>) and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://buenbit.com/">Buenbit</a>. Meet builders across Latin America on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-latam">/base-latam</a>, and join #based-latam on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase">Discord</a> for buildathon questions and updates.</p><p><strong>Based India</strong></p><p>Focused on all of India and co-presented by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-india">Base India</a> (powered by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/callusfbi">Farcaster Builders India</a>), <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.levitatelabs.xyz/">Levitate Labs</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.kgen.io/">KGeN</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.okto.tech/">Okto by CoinDCX</a>. Get in touch with builders across India on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-india">/base-india</a>, and join #based-india on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase">Discord</a> to get support building your product.</p><h2 id="h-100-eth-in-prizes" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>100 ETH in prizes</strong></h2><p>The Buildathon is open to anyone from these four regions. Each region will have a prize pool of 25 ETH (for a total of 100 ETH), with 2–8 winners selected from each region.</p><p>Each winner gets:</p><ul><li><p><strong>Rewards:</strong> Winners receive between 3.125 and 12.5 ETH from Base, including contributions from Talent Protocol.</p></li><li><p><strong>Marketing &amp; Distribution:</strong> All winners will be highlighted at a Base meetup event in-region with Jesse Pollak, and featured on Base social channels (X, Warpcast).</p></li><li><p><strong>Network:</strong> Connections with some of the most prolific Base builders in your region, with direct access to the Base team.</p></li></ul><p>For the full set of rules, evaluation criteria, and to apply, visit the respective Devfolio pages for each Buildathon (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-africa.devfolio.co/">Africa</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-sea.devfolio.co/">Southeast Asia</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-latam.devfolio.co/">LatAm</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://based-india.devfolio.co/">India</a>).</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/c88d96aa8e347c1e72174ab26cee3eafaeb4549e3342cef07a604f73d2d9e4b8.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><h2 id="h-meet-onchain-online-and-irl" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Meet onchain, online and IRL</strong></h2><p>We can’t wait to meet builders in cities around the world this fall. Check out our event line-up and dates below:</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://lu.ma/k5a9el2m">October 29, Buenos Aires</a> (Jesse will dial in remotely)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://lu.ma/a45ev6ql">November 4, Nairobi</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://lu.ma/vixgcjkq">November 7, Bangalore</a></p></li><li><p>November 12, Bangkok</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://lu.ma/2w532k75">November 18, Singapore</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://lu.ma/8kopdm98">November 20, Manila</a></p></li></ul><p>If you can’t make it to any of these cities, you can apply to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.google.com/forms/d/e/1FAIpQLSf5wnzD_czyYOyHFeOmFK_rjsJj7Utovo3jWwR40JizPqmDZg/viewform">host a meetup</a> to bring together builders in your community.</p><p>Join a local community on Warpcast, where there are 46 language channels—discover yours on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://baseworld.org">baseworld.org</a>. We’re grateful to all the global community members, particularly <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/atomo">Atomo</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/nathanaelchrist">Nathanael</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/harrytrananh">Harry</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/reallyryl">Cheryl</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/jitz">Jitz</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/kylepatrick.eth">Kyle</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/fercaggiano">Fer</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/chaps">Carlos</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/joaoborges">Joao</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/juampi">Juampi</a>, for making translations of this blog available in their local languages. (Check out translations in Thai, Indonesian, Vietnamese, Malay, Filipino, Spanish, and Portuguese here.)</p><p>Stay based. Keep building.</p><p><strong><em>All buildathon-related matters, including payouts and logistics, are managed independently by Devfolio, subject to applicable laws and regulations.</em></strong></p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/4d8c78d4d165cd57d21412fb99e29e508c3862c87fbd065e8ba846c4e7f32149.png" length="0" type="image/png"/>
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            <title><![CDATA[Summer never ends]]></title>
            <link>https://paragraph.com/@base-8/summer-never-ends</link>
            <guid>38hTDdqm0UYLBEMywTq6</guid>
            <pubDate>Mon, 09 Sep 2024 19:03:04 GMT</pubDate>
            <description><![CDATA[TLDR: This year for Onchain Summer, we invited people around the world to participate and showcased hundreds of onchain builders and creators — resulting in $5M+ in onchain revenue for builders, creators, and projects, 2M+ unique wallets participating in onchain experiences, and 24M+ onchain assets minted. The event highlighted how onchain puts ownership back in the hands of creators — and we&apos;re excited to continue spotlighting the projects and people driving an onchain future. Onchain S...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> This year for Onchain Summer, we invited people around the world to participate and showcased hundreds of onchain builders and creators — resulting in $5M+ in onchain revenue for builders, creators, and projects, 2M+ unique wallets participating in onchain experiences, and 24M+ onchain assets minted. The event highlighted how onchain puts ownership back in the hands of creators — and we&apos;re excited to continue spotlighting the projects and people driving an onchain future.</p><p>Onchain Summer was a celebration and showcase of onchain music, art, food, gaming, and more — and after an incredible three months, the sun is setting and it has come to a close. Here’s a look back at some of the highlights that made it unforgettable this year.</p><p>Mint the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xDFf7F56115568bcdd0E1F9DFdb73dD14EC83F6f7">highlight reel</a>:</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://res.cloudinary.com/coin-nft/video/fetch/c_limit,q_auto,w_569/f_auto/https://b891d14d436694bb9a7feeba91730b95.ipfscdn.io/ipfs/QmUmRxhd8kLQsPJwjRyztfxJLLWmEvF4m91UsMFudHaDu4/nft-gallery-1mp4">https://res.cloudinary.com/coin-nft/video/fetch/c_limit,q_auto,w_569/f_auto/https://b891d14d436694bb9a7feeba91730b95.ipfscdn.io/ipfs/QmUmRxhd8kLQsPJwjRyztfxJLLWmEvF4m91UsMFudHaDu4/nft-gallery-1mp4</a></p><div data-type="embedly" src="https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xDFf7F56115568bcdd0E1F9DFdb73dD14EC83F6f7" data="{&quot;provider_url&quot;:&quot;https://wallet.coinbase.com&quot;,&quot;title&quot;:&quot;Coinbase Wallet&quot;,&quot;url&quot;:&quot;https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xDFf7F56115568bcdd0E1F9DFdb73dD14EC83F6f7&quot;,&quot;version&quot;:&quot;1.0&quot;,&quot;provider_name&quot;:&quot;Coinbase Wallet&quot;,&quot;type&quot;:&quot;link&quot;}" format="small"></div><p><strong>We built</strong></p><p>In June, we hosted the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchain-summer.devfolio.co/">Onchain Summer Buildathon</a> with Stripe, Shopify, Zora, Farcaster, Aerodrome, Fleek, Thirdweb, Nouns, Synthetix, and Bountycaster — resulting in the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/p_A3ZxaBUEcpWwTf9_Yg-jnlOro8m8Ypc8LEDnA_ZRk">largest-ever onchain hackathon</a> with:</p><ul><li><p>7,500+ participating builders from around the world</p></li><li><p>1,250+ final projects submitted</p></li><li><p>300+ ETH in prizes for builders</p></li><li><p>$200k+ USDC in bounties via Bountycaster</p></li></ul><p>The Buildathon showcased how diverse the onchain economy is, with builders creating innovative projects across commerce, payments, gaming, creator, social, and more—including onchain checkout systems, interactive content feeds, social gaming experiences, new DeFi protocols, and more. For example, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchain-summer-is-for-the-children-july-7c90">For The Children: July 2024</a> was awarded 2.22 ETH for bringing together 40+ artists and 30+ communities to sponsor and sign a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://zora.co/collect/base:0x2dc3209d13165db78b86529012ec73aef86d2449/1">collaborative digital artwork</a> to raise money for children in the Dominican Republic.</p><p><strong>We created</strong></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/1733163bd0d71b04b13aff17c2472fa0e41d9ba46f227a699d4f7d4d050f30fa.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Throughout Onchain Summer, thousands of projects brought the world onchain through dead-simple, built-for-everyone onchain experiences spanning art, music, sports, gaming, beauty, food, loyalty, advocacy, in-person events, and so much more — with a variety of activations including:</p><ul><li><p>Atari brought arcade classics like <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.arcade.fun/asteroids">Asteroids</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.arcade.fun/breakout">Breakout</a> onchain — distributing 40+ ETH in mint proceeds to the developers, artists, and builders behind each game.</p></li><li><p>Doodles launched <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.doodles.app/tv">Doodlesᵗᵛ</a> to give fans first access to music releases by Pharrell, limited-edition collectibles, and the premiere of ‘Dullsville and the Doodleverse’ — featuring artists like Lil Wayne, Lil Yachty, Coi Leray, Swae Lee, and Kyle Rich.</p></li><li><p>Team Liquid launched a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.communitygaming.io/es/blog/cg-team-liquid-for-onchain-summer">gaming tournament series</a> with Community Gaming — distributing $20K USDC in rewards, paid directly onchain.</p></li><li><p>Coinbase teamed up with renowned artist Daniel Arsham to celebrate 50 years of USA Basketball — with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.instagram.com/danielarsham/reel/C9XPs4lp053/?locale=es_ESTelegram%E7%94%B5%E6%8A%A5%E8%B4%A6%E5%8F%B7%E8%B4%AD%E4%B9%B0%E5%B9%B3%E5%8F%B0%E2%9C%94%EF%B8%8F%EF%B9%9Dxiaohaola.com%EF%B9%9E%E5%9C%A8%E7%BA%BF%E8%B4%AD%E4%B9%B0%E8%87%AA%E5%8A%A8%E5%8F%91%E8%B4%A7,%E8%B4%A8%E4%BF%9D90%E5%A4%A9%E5%8F%AF%E5%85%8D%E8%B4%B9%E6%8D%A2%E5%8F%B7,%E2%9C%94%EF%B8%8F%EF%B9%9Dxiaohaola.com%EF%B9%9E%E5%94%AE%E5%90%8E%E4%BF%9D%E9%9A%9C6%E4%B8%AA%E6%9C%88&amp;hl=en">four digital collectibles</a> representing the seasons of hard work required to build a championship team.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://godaylight.com/">Daylight</a> debuted with an edition that gives holders perks and discounts — decentralizing the grid and bringing the energy industry onchain to improve access to cheap, reliable power for everyone.</p></li></ul><p>With thousands of participating projects across 3 months, Onchain Summer resulted in:</p><ul><li><p>$5M+ in mint revenue for builders, creators, and projects</p></li><li><p>2M+ unique wallets participating in onchain experiences on Base, and 8x more than last Onchain Summer</p></li><li><p>24M+ onchain assets minted</p></li></ul><p><strong>We connected</strong></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/168874fc56e3efbb16f18fee5aed0a046faf3567fe4fcfe96d9e15472fd007b8.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Last August, Base made its debut from an unlikely launchpad: a remote Starlink setup in the mountains of Idyllwild, California. We went live surrounded by the energy of onchain creators, visionaries, and the mountains.</p><p>One year later, we came full circle by bringing <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/GL6dd2CfZuG3dVd_jZAZJLjYP8h7NRk0falVV6O7RqQ">BaseCamp</a> to Idyllwild. This summer we gathered the Base community together to connect, look towards the onchain future, and work together to accelerate progress.</p><p>Designed to ignite the builder spirit, BaseCamp consisted of vision-setting, lightning talks, live performances, interactive art-making, delicious food, and bonding activities — centered around the BaseCamp Summit with talks from guests including the Coinbase team, ecosystem builders, and a special virtual appearance from <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/i/broadcasts/1yNGagjOdlNxj">Vitalik Buterin</a>, co-founder of Ethereum. In case you missed it, watch the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/i/broadcasts/1kvJpbDaYvgKE">Basecamp Summit</a> to learn about Coinbase’s vision to bring the world onchain.</p><p><strong>We onboarded</strong></p><p>This summer, we brought local businesses onchain with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://wallet.coinbase.com/ocs/coffeedays">Coffee Days</a> and onboarded a dozen coffee shops around the world to onchain payments. As part of Onchain Summer, anyone could mint a coffee NFT to sponsor coffee at one of the participating shops. Then, customers at those shops could get a free cup of coffee by getting onchain via Coinbase Wallet. The first cup of coffee is free, and participating shops also offer $1 coffee all summer long to anyone paying with USDC on Base.</p><p>Coffee Days brought onchain payments into the real world and showed customers and businesses how crypto can simplify and enhance everyday transactions. Paying for coffee onchain is fast and easy, and helps local businesses save money on fees. Sending USDC with Coinbase Wallet means instant settlement and no middlemen fees.</p><p><strong>What’s next: Onchain Daily</strong></p><p>The sun is setting for Onchain Summer, but we’re excited to continue to spotlight onchain builders and creators year-round through Onchain Daily — our daily showcase of onchain creativity and innovation in the Base ecosystem. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://wallet.coinbase.com/">Coinbase Wallet</a> will continue being a destination for people to discover onchain innovation — with new projects surfaced each day and features on Base’s <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/base">X</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base">Warpcast</a> channels.</p><p>If you’re a creator, builder, or brand, we want to share what you’re building with millions of people across the world. Submit your apps, games, art, music, and dreams to the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.org/registry">Onchain Registry</a> for the chance to be featured across the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/fD9-3Bl_3PLoUw7T8St6a6UpDIiPxJ-itzmME-b5pwA">Onchain Content Network</a>. And if you want to create a feed or incorporate Onchain Daily content into your existing platform, learn how to integrate the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.base.org/docs/tools/registry-api/">Onchain Registry API</a>.</p><p><strong>Now, let’s keep bringing the world onchain</strong></p><p>Onchain is better than it’s ever been before — with sub-cent transaction fees on Base, smart wallets to onboard people instantly, powerful social graphs that let you enter onchain apps with a fully-fledged identity, and so much more that makes it accessible for builders and users alike.</p><p>So keep building, creating, connecting, and dreaming.</p><p>Because summer never ends.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Scaling Base: Looking towards the upcoming Pectra upgrade]]></title>
            <link>https://paragraph.com/@base-8/scaling-base-looking-towards-the-upcoming-pectra-upgrade</link>
            <guid>tLdSPo3U4L4dcBw2yckj</guid>
            <pubDate>Wed, 04 Sep 2024 17:20:44 GMT</pubDate>
            <description><![CDATA[One of Base’s 2024 roadmap initiatives is making onchain accessible and affordable for everyone. We’re focused on delivering fast, low-cost transactions on a secure, decentralized L2 to enable global participation in the onchain economy. We’re showcasing our progress in this new blog series, Scaling Base, where we’ll share updates and our plan as we bring a billion people onchain. In this installment, we’re sharing our approach to increase data availability capacity as we look towards the int...]]></description>
            <content:encoded><![CDATA[<p>One of Base’s <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/Ouwm--AtTIVyz40He3FxI0fDAC05lOQwN6EzFMD_2UM">2024 roadmap initiatives</a> is making onchain accessible and affordable for everyone. We’re focused on delivering fast, low-cost transactions on a secure, decentralized L2 to enable global participation in the onchain economy.</p><p>We’re showcasing our progress in this new blog series, <strong><em>Scaling Base</em></strong>, where we’ll share updates and our plan as we bring a billion people onchain. In this installment, we’re sharing our approach to increase data availability capacity as we look towards the integration of PeerDAS in the upcoming Pectra upgrade.</p><h3 id="h-scaling-base-since-launch" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Scaling Base since launch</h3><p>Ethereum introduced EIP-4844 in March of this year—an upgrade that resulted in a 100x reduction in L2 gas fees by decoupling them from Ethereum Mainnet fees. This decoupling is what allows the combined network to scale: If a Layer 2 gets congested, it can act independently to increase its target capacity and bring transaction fees back down.</p><p>As a result, we’ve scaled Base’s throughput by 4x since launching it a year ago, increasing the gas target per block from 2.5 Mgas/s to 10 Mgas/s to keep fees under one cent as activity grows. This has only been possible due to a huge amount of hard work from both the Base core team and the entire ecosystem of builders scaling the OP Stack, Ethereum clients, and the EVM.</p><h3 id="h-where-we-go-from-here-1-mgass-increase-per-week" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Where we go from here: 1 Mgas/s increase per week</h3><p>A few months ago, we set an ambitious goal: achieving 1 Ggas/s capacity for Base. We know that the journey to get there will require a lot of hard work and collaboration across many teams. Taking a step back, we realized that both for our internal team and for the broader ecosystem, the more <em>predictability</em> we can provide in our scaling journey, the easier it will be to plan and coordinate the necessary work.</p><p>To provide this clarity, we’re shifting the way we think about scaling Base: we are going to commit to an ongoing rate of gas target increase, then <em>do the work</em> to ensure we can achieve that increase by scaling across all the key properties.</p><p><strong>To start, we are publicly committing to increasing the Base gas target by 1 Mgas/s each week, starting in late September.</strong> These increases will be subject to continued monitoring and testing—and if we need to change plans, we’ll communicate our key learnings and changes clearly. As we continue to scale the underlying infrastructure and build confidence, our goal is to then grow the rate of increase (e.g. 2 Mgas/s per week) to accelerate our progress towards 1 Ggas/s.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/8e64e8ffb2131d5aedbe15bf8ac2a0ce176e828db93211e6573726c66cb39fb0.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>If you’re building on Base, or helping scale the infrastructure powering Base, our hope is that you can use this guidance as a north star for coordinating and planning your efforts. And if you have feedback on our approach, we’d love to hear it!</p><h3 id="h-pectra-and-peerdas" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Pectra and PeerDAS</h3><p>As Base continues to scale, we’re looking towards the Ethereum community to integrate the necessary mainnet upgrades to increase L1 data availability—ensuring that L2s can continue to bring the next billion users onchain.</p><p>For the past two years, we have collaborated with the Ethereum core developer community on this mission, beginning with EIP-4844. This upgrade—co-led by the Base team, OP Labs, and Ethereum Core Developers—significantly reduced costs on Base and other L2s by introducing blob space and providing a fixed amount of blob space for data availability.</p><p>But with increasing demand, our projections show that the current limits will not meet Base’s requirements in the coming year. This is where PeerDAS comes in.</p><p>PeerDAS (Peer Data Availability Sampling), a protocol change in the upcoming Pectra hard fork, addresses this by increasing total blob capacity without requiring every node to download every blob. It ensures Ethereum nodes can access all blob data while only downloading a fraction, significantly reducing network bandwidth requirements and unlocking substantial data availability capacity.</p><p>The Base core team has been actively working towards preparing PeerDAS for inclusion in the Pectra upgrade:</p><ul><li><p>We’re collaborating with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ethpandaops.io/">ethPandaOps</a> to conduct network analysis on PeerDAS devnets, providing essential data to inform recommendations.</p></li><li><p>We’re contributing to the implementation within Prysm which is being used to drive the initial analyses.</p></li></ul><h3 id="h-peerdas-blob-capacity" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">PeerDAS blob capacity</h3><p>Alongside these contributions, we’re advocating for a significant increase in blob capacity alongside activation of PeerDAS. This is crucial for scaling efforts, allowing more data to be processed without overloading individual nodes.</p><p>Any bandwidth-affecting protocol change should naturally face developer scrutiny, given the risks of introducing network instability and networking related denial-of-service attacks. Due to the complexity of PeerDAS, some have advocated for its inclusion while keeping the blob capacity unchanged at first. This approach would push any increase in data availability capacity to a subsequent upgrade, which could be many months (if not a year) after Pectra activates in 2025.</p><p>While the final details of PeerDAS are still being discussed, we believe its architecture allows for existing bandwidth-limited stakers to safely participate. Additionally, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://eips.ethereum.org/EIPS/eip-7251">EIP-7251</a>, also planned for Pectra, should reduce attestation and sync_committee p2p traffic, the main consumer of node bandwidth.</p><h3 id="h-imposing-a-higher-minimum-price-for-blob-data" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Imposing a higher minimum price for blob data</h3><p>One argument against a capacity increase is that L1 nodes need to be fairly compensated for the compute, storage and bandwidth required for providing data availability. When demand for blobs is below target, prices fall to the bare minimum: 1 wei per byte of blob data. Demand exceeding target capacity allows for a market-based pricing mechanism to kick in, resulting in better recovery of the costs incurred on L1 nodes.</p><p>We think that addressing this problem by constraining DA capacity is a step in the wrong direction; instead, we suggest a different approach, ensuring a healthy market for blob space so that the network is fairly compensated while keeping it unconstrained. Some potential solutions are to raise minimum blob fees or implement a different fee mechanism for blob data.</p><h3 id="h-increasing-the-target-to-achieve-positive-sum-scaling" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Increasing the target to achieve positive-sum scaling</h3><p>Post EIP-4844, L2 transaction fees will remain decoupled from Ethereum Mainnet fees as long as the average demand for blobs stays below the target (currently 3 per block).</p><p>So far, we&apos;ve only seen a few instances where blob demand has exceeded this target for extended periods. Some may view below-target blob demand as a reason to proceed conservatively. However, with Base’s scaling plan and L2 demand growing, we expect the demand to consistently meet or exceed capacity within the coming months. Exceeding the target would end the decoupling of transaction fees—disallowing L2s to independently increase capacity and maintain low fees.</p><p>When data availability hits target capacity, scaling becomes a zero-sum game—one L2&apos;s increased throughput would negatively impact another. We aim to create a positive sum scaling environment. Implementing PeerDAS and increasing the blob count are crucial steps to achieving this goal.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/6e42b346a0a543730de844a98bd0983f0aedd11c52b983ab3cdb7d72e579b442.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><h3 id="h-l2-protocol-improvements" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">L2 protocol improvements</h3><p>L1 data availability can be indirectly scaled through L2 protocol improvements that reduce the required data. The OP Stack already features innovations like span batch data layout and Brotli compression from the Fjord upgrade, which improved Base’s data compression ratio by 25%. Future enhancements include stateful compression and aggregatable signatures for L2 transactions and UserOps. These improvements, while helpful, are the icing on the cake. Ultimately, the data availability capacity of mainnet must grow in order to support a healthy scaling roadmap.</p><h3 id="h-looking-forward" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Looking forward</h3><p>As Ethereum continues to grow, any increase in data availability capacity will eventually be absorbed by organic demand. While a market-based pricing regime for data availability is inevitable, maintaining decoupled fees for as long as possible will allow Ethereum to scale more rapidly to its full potential.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Build your onchain identity with Basenames]]></title>
            <link>https://paragraph.com/@base-8/build-your-onchain-identity-with-basenames</link>
            <guid>hauHrajiP4MwbEcLwCvh</guid>
            <pubDate>Tue, 20 Aug 2024 20:12:45 GMT</pubDate>
            <description><![CDATA[TLDR: Basenames are the fastest way to start building on Base, making it easier to connect, collaborate, and contribute onchain. Get your Basename at base.org/names As more and more people come onchain, wallet addresses aren&apos;t cutting it as a way to connect with each other. These long strings of numbers and text add friction to transactions, make it difficult for builders to spot superfans of their apps, and turn finding the right collaborators into a needle-in-a-haystack hunt. Basenames...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> Basenames are the fastest way to start building on Base, making it easier to connect, collaborate, and contribute onchain. Get your Basename at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://base.org/names">base.org/names</a></p><p>As more and more people come onchain, wallet addresses aren&apos;t cutting it as a way to connect with each other. These long strings of numbers and text add friction to transactions, make it difficult for builders to spot superfans of their apps, and turn finding the right collaborators into a needle-in-a-haystack hunt.</p><p>Basenames are an onchain identity created by and for builders, solving some of the hardest problems that Base builders face every day: finding others to build with, getting access to the best resources, and enabling easy experiences for everyday people who use the apps they build. With Basenames, you can:</p><ul><li><p><strong>Build your onchain identity:</strong> Use your Basename as your onchain identity in the Base ecosystem, customizing your profile with a bio, attested skills, and more.</p></li><li><p><strong>Show your growth as a builder:</strong> Continue to develop your profile as you participate in the onchain ecosystem, such as hackathons or meetups.</p></li><li><p><strong>Connect and collaborate:</strong> Easily find mentors and others to build with by seeing their profiles.</p></li><li><p><strong>Understand your audience:</strong> Gain insights into who&apos;s using your app when they connect with their Basename.</p></li><li><p><strong>Simplify transactions:</strong> Send and receive seamlessly with a readable and memorable Basename.</p></li></ul><p>Basenames are built on the decentralized, open-source ENS protocol, aligned with Base’s dedication to decentralized and open-source technologies.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/ff99e3682af16f59c75b880e3ae8d72d00d1d41b9dcd723ebb7005fc51e16c36.gif" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>How to get your Basename</strong></p><p>To get started, claim your Basename at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://base.org/names">base.org/names</a>.</p><p>From there, you&apos;ll be able to build out a profile that showcases key onchain details like your Talent Builder Score, Coinbase Verifications, Buildathon participation, and more. Over time, we&apos;ll continue to integrate more onchain actions and accomplishments to your Basename.</p><p>At launch, every name will start at a higher price and decrease exponentially over the first 36 hours, until normal pricing is reached. This mechanism is known as a Dutch auction, and is designed so that everyone has a fair chance to get a name they like, without being outcompeted by bots. For more information on this mechanism, check out ENS’ explainer on the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://support.ens.domains/en/articles/7900612-temporary-premium#h_cb26baec91"><em>temporary premium</em></a>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/1c8d41ccbf63a585484cd0e1d917f3f63011479cb47b21ff193ce4f7f917749a.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>After the Dutch auction period, Basenames will move to normal pricing, based on name length:</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/0016abaedbab8e004fad08502b06ed3b37977959624d9f604818251097a99f15.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Additionally, you can get a <strong>free Basename (5+ letters) for one year</strong> if you meet any of the below criteria (these discounts will be applied after the Dutch auction period is over):</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchain-summer.devfolio.co/">Onchain Summer Buildathon NFT holder</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://opensea.io/collection/base-org-base-eth">base.eth NFT holder</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://coinbase.com/onchain-verify">CB Verification holder</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://coinbase.com/onchain-verify">CB1 subscriber with Verification</a> (annual discount with active subscription)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://wallet.coinbase.com/ocs">Onchain Summer Pass holder (Level 3+)</a></p></li><li><p>cb.id owner</p></li><li><p>Holder of a name from <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.basename.app/">Base Name Service</a> (and a big shout-out to the BNS team for their early efforts and contribution in this space)</p></li></ul><p>Check out the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.base.org/docs/tools/basenames-faq">Basenames FAQ</a> if you have any questions around the discounts.</p><p><strong>Pin a Frame to your Base profile: let others easily pay, nominate, subscribe to your content, and more</strong></p><p>In the near future, you’ll be able to pin personalized Frames to your Base profiles. Think of it as your onchain space where anyone can support you, pay you, mint your NFT, RSVP to your event, or buy your products – all directly from your Base profile.</p><p>To help you get started, we’ll be curating a few suggestions in your profile:</p><ul><li><p><strong>Pay me</strong>: Get paid by others using Paycaster</p></li><li><p><strong>Nominate me</strong>: Allow anyone to easily nominate you as a favorite builder on Build.top</p></li><li><p><strong>Buy from me</strong>: Let others buy products on your Slice.so store</p></li><li><p><strong>Subscribe to me</strong>: Drive subscriptions to your Hypersub</p></li><li><p><strong>Mint me</strong>: Make NFTs mintable from Highlight</p></li><li><p><strong>RSVP me</strong> - Get RSVPs to your event on Events.xyz</p></li></ul><p>You can also pin any Frame you’d like by adding the link directly, so long as the frame uses the Open Frames standard. We’ll continue expanding on this feature over time, adding more suggestions and support that allows you to express your fullest self through your Base profile. This feature will be available for all Base profiles soon.</p><p><strong>A new chapter for onchain identity on Base</strong></p><p>In the early days of Base, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.basename.app/">Base Name Service</a> (BNS) was started as an independent project by a team of builders, including <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/jackjack_eth">Itgel Ganbold</a> (aka JackJack), <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.linkedin.com/in/sabitbazar/">Sabit Bazar</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.linkedin.com/in/gabit-bazar/">Gabit Bazar</a>, at ETHDenver 2023. With the launch of Basenames, the BNS team has made the thoughtful decision to wind down their service to ensure a unified name service and onchain identity experience for everyone on Base.</p><p>We’re incredibly grateful to the BNS team for their support of Basenames, and for being early builders in the Base ecosystem. As a thank you, all BNS name holders are eligible for a special discount on Basenames when registering with the same wallet that contains your BNS name.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/1a758e4991d61a0610a7922626b798b36d8007e646201840a9b2290c51dbe9a6.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>A better onchain experience to bring the next billion onchain</strong></p><p>We can’t wait to see how you use Basenames to enhance your onchain journey and build a vibrant ecosystem on Base. If you’re a builder looking to integrate Basenames into your app, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchainkit.xyz/wallet/wallet-dropdown-base-name">OnchainKit</a> is the easiest way to get started. If you have ideas for new features or badges that you’d like to integrate with Basenames, we’d love to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://app.deform.cc/form/b9c1c39f-f238-459e-a765-5093ca638075/?page_number=0">hear from you</a>. And if you have any questions or need support with Basenames, please join the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.com/invite/buildonbase">Base Discord</a>.</p><p><em>*Disclaimer: Your use of the Basenames Interface is subject to the Base </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.base.org/docs/terms-of-service/"><em>Terms of Service</em></a><em>.</em></p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/984b205938af71b02f03980701036e2ded780ed9b4bf288ec71f265bf2bf9009.png" length="0" type="image/png"/>
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            <title><![CDATA[Announcing the Onchain Summer Buildathon Winners]]></title>
            <link>https://paragraph.com/@base-8/announcing-the-onchain-summer-buildathon-winners</link>
            <guid>jzcUGNNA0m4IEeYqlY8x</guid>
            <pubDate>Thu, 01 Aug 2024 22:37:32 GMT</pubDate>
            <description><![CDATA[TLDR: The Onchain Summer Buildathon invited builders everywhere to unleash their creativity onchain. Over 1,250 final projects were submitted from 7,500+ builders around the world, making this the largest onchain hackathon. Now, it&apos;s time to spotlight those who rose to the challenge. To kickoff Onchain Summer, Base and leading builders sponsored a global online hackathon, dedicated to bringing the world onchain. From May 31st - June 30th, builders around the world worked on projects acro...]]></description>
            <content:encoded><![CDATA[<p><strong><em>TLDR: The Onchain Summer Buildathon invited builders everywhere to unleash their creativity onchain. Over 1,250 final projects were submitted from 7,500+ builders around the world, making this the largest onchain hackathon. Now, it&apos;s time to spotlight those who rose to the challenge.</em></strong></p><p>To kickoff <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/HoH9cZVi8CMdvxVUNjvOzceUPVQcVZvvkf8ZbCOVOco">Onchain Summer</a>, Base and leading builders sponsored a global online hackathon, dedicated to bringing the world onchain. From May 31st - June 30th, builders around the world worked on projects across payments, commerce, creator tools, social platforms, gaming, trading, discovery, and URL &lt;&gt; IRL use cases.</p><p>Over 1,250+ projects were submitted from 7,500+ builders around the world, making this the biggest onchain hackathon ever.</p><p>We were so blown away by the volume and creativity of the projects that we expanded the prize pool from <strong>200 ETH to 250 ETH</strong> to recognize and reward more builders who built exceptional products on Base.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/cb137cae9f3ef574bf506c136a24a134a772b27dda08972b72f189e2d0a94dd3.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>Announcing the winners</strong></p><p>The winners were evaluated based on the following criteria:</p><ul><li><p>Technicality: The product functions as intended</p></li><li><p>Creativity: It delivers new ideas, or better solutions to existing problems</p></li><li><p>Utility: It is usable in the real world by different groups of people</p></li><li><p>Aesthetics: Has good UI/UX quality, with intuitive, easy-to-navigate integrations</p></li><li><p>Future Growth: Delivers outsize impact and achievement during the hackathon time frame and beyond</p></li></ul><p>Based on this criteria, we’re excited to announce the track winners!</p><p><strong>Payments</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/basedcoffee-df5f">BasedCoffee</a>, a Farcaster-native app for crowdfunding and social initiatives</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/slice-onchain-checkout-635b">Slice</a>, for new features enabling a faster and more seamless checkout</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/base-token-store-cf37">Base Token Store</a>, for making it easy to buy any token with a comfortable UX experience</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/easypay-2094">buyMeACoffee</a>, for making it easier for content creators to receive tips and donations</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/swiftpayfinance-97d9">SwiftpayFinance</a> for a simple onchain payroll</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/payflow-56a8">Payflow</a>, for making onchain social payments easy</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/zap-by-paycrest-3f05">Zap by Paycrest</a>, for speedy crypto to fiat payments</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/tokemail-fc8d">TokeMail</a> for creating a simple and fun onboarding experience</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/halp-send-alpxyz-bf60">HALP</a> for a transparent, no-code crowdfunding platform</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bando-0702">Bando</a>, for creating a fast, direct bridge between Base and the traditional banking system in Mexico</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/sub-92b1">sub2 protocol</a>, for an onchain subscription management platform</p></li></ul><p><strong>Unplugged</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/ether-goals-5d46">Ether Goals</a>, for an onchain accountability tool</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/shredding-sassy-x-shaka-skatejam-405e">Shredding Sassy x SHAKA Skatejam</a>, for bringing action sports onchain with interactive rewards</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/stepfun-d8b2">step.fun</a>, for a fun and competitive way to earn USDC</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/atx-onchain-summer-extravaganza-1f32">ATX Onchain Summer Extravaganza</a>, for an event bridging onchain &lt;&gt; IRL in Austin</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/web-to-high-school-leavers-0b5b">Web3 to High School leavers</a>, for their education initiative for high school students</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bondx-e4fa">SummerOnboarding</a>, for helping newcomers navigate the buildathon and Onchain Summer</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/truworld-real-world-gamification-by-fogofworld-d51d">Truworld: Real World Gamification</a>, by making real-world experiences more rewarding through onchain rewards</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchain-summer-anthem-3eb8">Onchain Summer Anthem</a>, for creating a collective moment, inspiring, and educating with a song</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchain-summer-is-for-the-children-july-7c90">For The Children: July 2024</a>, for benefiting children in the Dominican Republic through onchain art and culture</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/scanquest-43d1">ScanQuest</a>, for an IRL &lt;&gt; onchain treasure hunt</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/the-ossuary-c83e">The Ossuary</a>, for enabling tattoo artists to bring their work onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/rituals-c548">Rituals</a>, for enabling creators and influencers to create unique moments for their fans, and bring them onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/charityconnect-9fba">Charity Connect</a>, for creating a more interactive and transparent donations experience</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cookie-jar-4ac2">Cookie Jar</a>, for creating an onchain “petty cash” drawer for trusted communities</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/farcaster-writing-hackathon-4b72">Farcaster Writing Hackathon</a>, for an IRL &lt;&gt; onchain writing hackathon that brought together writers and thinkers in the Farcaster ecosystem</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/proof-of-workout-2fe8">Run Money</a>, for an onchain motivation solution for fitness and financial discipline</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/nounshards-d0d5">NounShards</a>, for the ability to fractionalize Nouns for greater community engagement</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/beenouns-186f">BeeNouns</a>, for raising awareness around the importance of bees for the ecosystem, onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/lusaka-unplugged-55c7">Lusaka Unplugged</a>, for an IRL meetup in Zambia uniting artists and developers</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/pool-d35f">Pool</a>, for making it easy for friends to create and manage a shared pool of funds</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/memes-ambassador-65cb">Memes Ambassador</a>, for evangelizing Onchain Summer through memes</p></li></ul><p><strong>Commerce</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/popshop-4b06">popshop</a> for an easy platform that lets anyone create an onchain experience</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/referware-e096">ReferWare</a> for a social media campaign protocol that promotes more transparency and streamlines campaign management</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/framepay-onchain-shopify-checkout-bd48">FramePay</a> for a simple Farcaster frame experience that lets users mint a frame and redeem a physical good</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/farreach-1d98">Far-Reach</a> for connecting Shopify merchants with the Farcaster ecosystem</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/coingift-8ff0">Coingift</a> for an easy way to gift memecoins on Base</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/nouns-supplements-c198">Nouns Supplements</a> for an onchain supplements company that promotes transparency and quality assurance</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchained-tattoo-convention-8c00">Onchained Tattoo Convention</a> for an onchain tattoo competition designed to onboard the tattoo industry onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/hallos-9ef1">Hallos</a> for a simple and user-friendly ticketing platform</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/warpshop-onchain-commerce-tools-4105">Warpshop: Onchain Commerce Tools</a> to simplify onchain commerce for creators and businesses</p></li></ul><p><strong>Creator</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/feed-e087">Feed</a> for an interactive onchain content platform</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://anglez.xyz">anglez.xyz</a> for generative onchain art that lets users customize based on their tastes</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchain-experiments-v-0ec4">Onchain-Experiments_V1</a> for a platform that lets artists share and mint their work, directly onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/viewart-f1ef">view.art</a> for an innovative way to display generative art on a browser</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/goodbye-3e85">Goodbye: A New Era in Digital Expression</a> for bringing the experience of letting go onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/sou-2444">Mint to mixtapes</a> for letting users create playlists onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/a-dc8d">Ethereum Image Service</a> for letting creators of public goods artworks monetize their work</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/nftarot-68f2">NFTarot</a> for bringing tarot reading onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/terrene-hiraeth-ff6a">Terrene Hiraeth</a> for a unique minting experience that generates art from onchain transactions</p></li></ul><p><strong>Gaming</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/blue-social-a74f">BlueSocial</a> a game that makes it easy to meet new people</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/brain-worms-by-del-complex-bbf5">BrainWorms</a> for a unique onchain generative game</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/gamerboom-50c2">GamerBoom</a> for an onchain gaming experience designed to drive mainstream adoption</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/tank-defender-1d11">Tank Defender</a> for a game that alleviates the complexity of onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/wonder-champ-7041">Wonder Champ</a> for a social and competitive gaming experience</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/pixotchi-9bb5">Pixotchi</a> for letting anyone grow plants onchain with minimal friction</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://gamster.io">Gamster.io</a> for an engaging adventure game onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bumpies-brawl-quest-9cd9">Bumpies</a> for an engaging pet simulator game</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/songbirdz-c821">Songbirdz</a> for an onchain bird-watching game</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/tavern-9f01">Tavern</a> for letting users create no-code games onchain</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/nouns-wallet-poker-f1a4">Nouns&apos; Wallet Poker</a> for an onchain-native poker app for NounsDAO</p></li></ul><p><strong>Discovery</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/codecred-46f4">CodeCred</a> for an onchain way to evaluate open-source contributions</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/dequiz-2bf8">DeQuiz3</a> for a way to create practical onchain quizzes using decentralized and AI technhologies</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/give-onchain-the-social-oracle-723b">GIVE onchain!</a> a social oracle for onchain skill attestations</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/ocsdiscoveries-5cd9">OCS-Discoveries</a> to promote app discovery in the Base ecosystem</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/thirdpersona-6c30">ThirdPersona</a> for a seamless onchain analytics tool</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/welcome-onchain-e26c">Welcome onchain</a> for a discovery and research platform</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bonadocs-lessgreater-base-protocol-registry-5c46">Bonadocs</a> for simplifying integrations with Base</p></li></ul><p><strong>Social</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://farview.id">Farview.id</a> for a customizable page that lets users share more about their onchain activity on Base and Farcaster</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/intelligent-1ebb">Intelligent</a> for a growth platform for brands and creators on Farcaster</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/lunchbreak-dc2b">Lunchbreak</a> for providing a creative onchain solution for cluttered inboxes</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/settlebeef-860c">Settlebeef</a> an onchain platform for resolving disagreements</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/werich-c941">We.Rich</a> for simplifying asset creation and distribution</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/spotlight-4b5f">Spotligh</a> for helping creators allocate and prioritize their attention</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/tamaverse-farcaster-onchain-companions-8261">Tamaverse</a> an app where people can grow their NFT pets by engaging on Farcaster</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/frenmint-by-goddog-2632">FrenMint</a> for letting users maximize their experience on friend.tech</p></li></ul><p><strong>Trading</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/drake-exchange-f8d2">Drake Exchange</a> for making advanced perpetuals easy</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/magnify-cash-0dd8">Magnify Cash</a> for a decentralized credit market that makes permissionless lending and borrowing easier</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/wagmi-0dfa">WAGMI</a> for a memecoin marketplace for traders and creators</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/speedball-229d">Speedball</a> for a platform designed to democratize the token presale process</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/jojo-exchange-3cb9">JOJO Exchange</a> for an innovative arbitrage platform</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/burve-protocol-eb4f">Burve</a> an automated market maker that aims to enable simplilfied onboarding, liquidity, and an innovative bonding curve model</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/assetscooper-3275">Assetscooper</a> for a platform that low-value assets and swap for a more valuable asset in a single transaction</p></li></ul><p>And because we were so blown away by the quality and the volume of projects submitted, we’re allocating 20 ETH to hundreds of builders who submitted projects.</p><p><strong>Additional rewards: Making onchain accessible for everyone</strong></p><p>In addition to the track rewards, we also had <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/iYQH5yxgH976gUmrYfoeyVpe5SJtiR8r2t10Psr1_-U">40 ETH in rewards</a> for successful integrations of Smart Wallet, OnchainKit, Verifications, and Paymaster to enable incredibly easy user experiences onchain. These integrations were evaluated based on:</p><ul><li><p>Technicality of integration: Functioned as anticipated</p></li><li><p>Originality of integration: Demonstrated an original use case</p></li><li><p>Aesthetics of integration: Simplified UX for anyone using the app</p></li></ul><p>We’re super excited to see teams use these tools to design better experiences for everyday people and excited to see what’s next.</p><p><strong>Smart Wallet integration</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/popshop-4b06">popshop*</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/truworld-real-world-gamification-by-fogofworld-d51d">Truworld: Real World Gamification by Fog-of-World</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/farterminal-fa06">far_terminal</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/veewai-ai-powered-zora-client-693e">Veew.ai</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/memeswap-7111">Memeswap</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cat-town-45ca">Cat Town</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/mesa-dd1b">MESA</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/thirdpersona-6c30">ThirdPersona</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/dexa-pay-b42f">Dexa Pay</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/terrene-hiraeth-ff6a">Terrene Hiraeth</a></p></li></ul><p><strong>OnchainKit integration</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/viewart-f1ef">view.art</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cat-town-45ca">Cat Town</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/popshop-4b06">popshop*</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/veewai-ai-powered-zora-client-693e">Veew.ai</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bump-your-devcon-bid-in-a-frame-75e1">Bump your DevCon 7 bid in a frame!</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/coinswag-3ee1">Coinswag</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/meme-arcade-c6db">Meme Arcade</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/bookies-labs-f81b">Bookies Labs</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/a-dc8d">Ethereum Image Service</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/wild-road-6cd8">Wild Road</a></p></li></ul><p><strong>Verifications integration</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/onchain-reviews-cca9">Onchain Reviews</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/zuni-smart-vault-b039">ZUNI - Smart Vault</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/coinbase-smart-passport-6fed">Coinbase Smart Passport</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/popshop-4b06">popshop*</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/target-onchain-47c7">Target Onchain 🎯</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/dappsnap-de46">DappSnap</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cultureco-ed82">CultureCo</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/a-dc8d">Ethereum Image Service</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/composable-commerce-d702">Composable Commerce</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/adtoken-3ace">AdToken</a></p></li></ul><p><strong>Paymaster integration</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/base-token-store-cf37">Base Token Store</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/adgraph-37cd">AdGraph</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/deva-wallet-7856">Deva Wallet</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/truworld-real-world-gamification-by-fogofworld-d51d">Truworld: Real World Gamification by Fog-of-World</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/cat-town-45ca">Cat Town</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/werich-c941">We.Rich</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/crate-protocol-gatefold-music-5d69">Crate Protocol + Gatefold Music</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/frames-easy-bb9b">Framify: Get Shopify To Farcaster</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/dlogos-4d6b">dLogos</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://devfolio.co/projects/symphony-f7f3">Symphony</a></p></li></ul><p><strong>Shout-outs</strong></p><p>We’re grateful to our production partner Devfolio for helping steward the hackathon, and our track sponsors Stripe, Shopify, Farcaster, Zora, Fleek, Nouns, Thirdweb, Aerodrome, and Synthetix for the mentorship, commitment, and bounties they provided.</p><p>Bountycaster helped bring even more creativity and use cases onchain by running a decentralized, community-sponsored track alongside the Buildathon.</p><p>Above all, we’re grateful for everyone who built remarkable onchain experiences for the world.</p><p>We can’t wait to continue building with all of you.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/2fcebbb48ac6c094e1d3c4390bd1a92389f9d47aa846db40a2f32c8c02dfe42d.png" length="0" type="image/png"/>
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            <title><![CDATA[Introducing the Onchain Content Network]]></title>
            <link>https://paragraph.com/@base-8/introducing-the-onchain-content-network</link>
            <guid>6Z11DgvmRz4BDWs9mIxr</guid>
            <pubDate>Thu, 25 Jul 2024 17:00:04 GMT</pubDate>
            <description><![CDATA[TLDR: This Onchain Summer and beyond, we want to share what you’re building with millions of people across the world. Submit your apps, games, art, music, and dreams to the Onchain Registry — a community-driven database of projects — for the chance to be featured across our new Onchain Content Network: Coinbase, Coinbase Wallet, Cymbal, Daylight, Floor, Forage, Layer3, Magic Eden, Mintify, OpenSea, Rainbow Wallet, and Roam. Together, our goal is to spotlight more of the builders and creators ...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> This Onchain Summer and beyond, we want to share what you’re building with millions of people across the world.</p><p>Submit your apps, games, art, music, and dreams to the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.org/registry">Onchain Registry</a> — a community-driven database of projects — for the chance to be featured across our new <strong>Onchain Content Network</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/home">Coinbase</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://wallet.coinbase.com/ocs">Coinbase Wallet</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://cymbal.xyz/summary/cfbcdb6df456f54ec9e1ff577d1715f8">Cymbal</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.daylight.xyz/">Daylight</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://floor.fun/content-network">Floor</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://forage.xyz/ocs">Forage</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://app.layer3.xyz/communities/onchain-summer">Layer3</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://magiceden.io/base/onchain-summer">Magic Eden</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mintify.xyz/onchainsummer">Mintify</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://opensea.io/drops">OpenSea</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://rainbow.me/en-us/">Rainbow Wallet</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.roam.xyz/">Roam</a>.</p><p>Together, our goal is to spotlight more of the builders and creators that are bringing the world onchain.</p><p><strong>Submit your project → Get distribution</strong></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/538a3586859d8ed3fdf60646538167904fcd8c3df4431ce8e809c09355da0361.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Creating a global economy that fosters innovation, creativity, and freedom cannot be done alone. That’s why the Onchain Content Network is crucial to our mission — bringing together a collection of the industry&apos;s best known and most loved platforms, generating more distribution for builders, and creating destinations for everyone to discover onchain innovation.</p><p>From the largest NFT marketplaces to the most active questing platforms, these partners will feature selected projects from the Onchain Registry to the millions of people that visit them every day — with dedicated feeds that surface projects directly from onchain builders and creators.</p><p><strong>Let’s bring the world onchain together</strong></p><p>Whether you’re a builder, creator, or brand, we want to help you by distributing your project as far and wide as possible via the Onchain Content Network. Here’s what we’re looking for:</p><ul><li><p><strong>Do something that’s never been done before:</strong> Create captivating onchain experiences. The more innovative, the better.</p></li><li><p><strong>Keep it simple:</strong> Bringing a billion people onchain requires onboarding that feels like a warm welcome. Experiences should be frictionless for new users.</p></li><li><p><strong>Make something accessible to everyone:</strong> Whether it’s a game, social app, piece of art, or commerce flow, Onchain Summer is for everyone. Keep it low-cost and easy for anyone to use.</p></li></ul><p>If you’re working on something that aligns with this vision, we invite you to share it with us. Submit your project to the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://base.org/registry">Onchain Registry</a>.</p><p>And if you want to create a feed or incorporate Onchain Summer content into your existing platform, learn how to integrate the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.base.org/docs/tools/registry-api/">Onchain Registry API</a>.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/97744496bb908b53959a6d73462f74fbaa563f8e0c5df8679002e519ccb1752a.png" length="0" type="image/png"/>
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            <title><![CDATA[Stage 1 Decentralization is Coming to Base]]></title>
            <link>https://paragraph.com/@base-8/stage-1-decentralization-is-coming-to-base</link>
            <guid>RDJhtMq7MtLan7YwNiMU</guid>
            <pubDate>Tue, 23 Jul 2024 16:57:51 GMT</pubDate>
            <description><![CDATA[TLDR: Fault proofs are now live on Base testnet, marking a step forward towards Stage 1 Decentralization. Base launched with a vision to decentralize over time, and decentralization and scalability are some of our top priorities. We’re now taking a step towards the next stage of decentralization: fault proofs are live on Base Sepolia testnet. Fault proofs enable anyone to make or challenge a proposal about the state of an L2 in a permissionless way. Today’s launch paves the way for bringing f...]]></description>
            <content:encoded><![CDATA[<p><em>TLDR: Fault proofs are now live on Base testnet, marking a step forward towards Stage 1 Decentralization.</em></p><p>Base launched with a vision to decentralize over time, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/Ouwm--AtTIVyz40He3FxI0fDAC05lOQwN6EzFMD_2UM">decentralization and scalability are some of our top priorities</a>.</p><p>We’re now taking a step towards the next stage of decentralization: fault proofs are live on Base Sepolia testnet. Fault proofs enable anyone to make or challenge a proposal about the state of an L2 in a permissionless way. Today’s launch paves the way for bringing fault proofs securely to mainnet, and completing other milestones to reach Stage 1 Decentralization.</p><p><strong>Fault proofs: A foundational step towards decentralization</strong></p><p>Fault proofs improve decentralization in two major ways:</p><ul><li><p><strong>Permissionless output proposals:</strong> In an L2 without fault proofs, only the centralized proposer (controlled by the chain operators) can create and submit claims about the state of the L2 to Ethereum. With fault proofs, anyone can make claims about an L2’s state instead of relying on a central party.</p></li><li><p><strong>Permissionless challenges to output proposals:</strong> If someone makes a faulty or fraudulent claim, anyone can challenge it.</p></li></ul><p>Fault proofs are a foundational step towards more community-driven accountability and control, which reduces the need to place trust in a centralized party for state verification. As such, they are a key piece in a rollup’s progression towards decentralization.</p><p>Many rollups launch at Stage 0 (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ethereum-magicians.org/t/proposed-milestones-for-rollups-taking-off-training-wheels/11571">based on Vitalik’s definition</a>) to balance security with decentralization, ensuring sufficient controls are in place as they grow and strengthen their infrastructure and ecosystems.</p><ul><li><p><strong>Stage 0,</strong> or “full training wheels,” is a stage where all rollup transactions are posted on the L2, and the validity checks of these transactions are done by the chain’s operators. Therefore, state verification is centralized and dependent upon the chain operators.</p></li><li><p>In <strong>Stage 1</strong> decentralization, or “limited training wheels,” the chain state is verified with fault proofs but there is an override mechanism that can act in the event of a bug. The override mechanism requires consensus from both chain operators and a designated number of external stakeholders, which reduces the dependence on chain operators alone.</p></li><li><p>In <strong>Stage 2</strong> decentralization, changes to the L2 state only take place if a bug is uncovered, and any contract upgrades are subject to a 30 day delay (allowing those who disagree with an upgrade time to withdraw funds).</p></li></ul><p>We’re super excited about the momentum in the L2 ecosystem towards decentralization (with most recently <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://optimism.mirror.xyz/izdAoJ8ooyhDfwFLFoCcUfB1icPLFn8AImBws4oaqw8">OP Mainnet</a> reaching Stage 1). The evolution to Stage 1 highlights the importance of fault proofs in enhancing the transparency, security, and decentralization of Base by allowing broader participation in state verification and dispute resolution.</p><p><strong>Getting to Stage 1 Decentralization</strong></p><p>Launching fault proofs on Sepolia testnet provides an environment to run additional testing to help bring fault proofs to mainnet securely.</p><p>The other important step for Base to reach Stage 1 decentralization is to add the Security Council to our contract upgrade keys. This process further decentralizes the contract upgrade approval process we have today, extending it to a decentralized group of stakeholders beyond just Optimism and Base.</p><p>It also aligns us more closely with the Superchain vision: once this step is complete, Base can only make contract upgrades with actions taken by the Optimism Security Council, which only takes actions approved by Optimism Governance. We believe that the Optimism Security Council has the right controls and incentive structure in place to support the growth of the entire Superchain ecosystem and to continue building towards the vision of scaling Ethereum.</p><p><strong>What’s next</strong></p><p>Base’s commitment to decentralization and stability is a top priority, and this is a major next step in our decentralization journey. We’re excited to continue building on the Superchain vision of a more decentralized, better internet that’s accessible to everyone.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Introducing BaseCamp 001: onchain–offgrid]]></title>
            <link>https://paragraph.com/@base-8/introducing-basecamp-001-onchain-offgrid</link>
            <guid>x29CTz0zEtR98lPGNVKL</guid>
            <pubDate>Thu, 30 May 2024 16:14:16 GMT</pubDate>
            <description><![CDATA[TLDR: Since day one, Base has rallied a community of builders working to create a decentralized future onchain, together. We’ve seen the impact of collective action to reshape the internet, and now with the 1-year anniversary of Base mainnet coming up this August, we’re bringing the community together in person with BaseCamp, our inaugural gathering of builders and creators building the next generation of the internet onchain. Learn more and apply to attend.Back to where it all beganLast Augu...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR:</strong> <em>Since day one, Base has rallied a community of builders working to create a decentralized future onchain, together. We’ve seen the impact of collective action to reshape the internet, and now with the 1-year anniversary of Base mainnet coming up this August, we’re bringing the community together in person with BaseCamp, our inaugural gathering of builders and creators building the next generation of the internet onchain. </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://basecamp2024.splashthat.com/"><em>Learn more and apply to attend.</em></a></p><h3 id="h-back-to-where-it-all-began" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Back to where it all began</h3><p>Last August, Base made its mainnet debut from an unlikely launchpad: a remote Starlink setup in the mountains of Idyllwild, California during FWB FEST 2023. Why&apos;d we choose to go live from there? We wanted to be surrounded by the energy of onchain creators, visionaries, and the mountains underneath our feet.</p><div data-type="twitter" tweetId="1755682450750177719" tweetData="{&quot;__typename&quot;:&quot;Tweet&quot;,&quot;lang&quot;:&quot;en&quot;,&quot;favorite_count&quot;:310,&quot;possibly_sensitive&quot;:false,&quot;created_at&quot;:&quot;2024-02-08T19:58:09.000Z&quot;,&quot;display_text_range&quot;:[0,179],&quot;entities&quot;:{&quot;hashtags&quot;:[],&quot;urls&quot;:[{&quot;display_url&quot;:&quot;x.com/base/status/16…&quot;,&quot;expanded_url&quot;:&quot;https://x.com/base/status/1686928001727115265&quot;,&quot;indices&quot;:[153,176],&quot;url&quot;:&quot;https://t.co/khz4MXn5aW&quot;}],&quot;user_mentions&quot;:[{&quot;id_str&quot;:&quot;1628067904083181570&quot;,&quot;indices&quot;:[40,45],&quot;name&quot;:&quot;Base&quot;,&quot;screen_name&quot;:&quot;base&quot;},{&quot;id_str&quot;:&quot;1330170106501079041&quot;,&quot;indices&quot;:[63,72],&quot;name&quot;:&quot;Starlink&quot;,&quot;screen_name&quot;:&quot;Starlink&quot;},{&quot;id_str&quot;:&quot;1342357104007503872&quot;,&quot;indices&quot;:[136,146],&quot;name&quot;:&quot;Friends With Benefits&quot;,&quot;screen_name&quot;:&quot;FWBtweets&quot;}],&quot;symbols&quot;:[]},&quot;id_str&quot;:&quot;1755682450750177719&quot;,&quot;text&quot;:&quot;if you don&apos;t know the lore, we launched @base mainnet\n\n📡 via a @Starlink\n🌲 from the woods of idyllwild \n👥 with the whole team there for @FWBtweets FEST\n\nhttps://t.co/khz4MXn5aW&quot;,&quot;user&quot;:{&quot;id_str&quot;:&quot;18876842&quot;,&quot;name&quot;:&quot;jesse.base.eth&quot;,&quot;screen_name&quot;:&quot;jessepollak&quot;,&quot;is_blue_verified&quot;:true,&quot;profile_image_shape&quot;:&quot;Circle&quot;,&quot;verified&quot;:false,&quot;profile_image_url_https&quot;:&quot;https://storage.googleapis.com/papyrus_images/905eae1384ea1b98eacb100aae45aa959fe97f6923f1fea9a7dd6bd8a849cc1c.jpg&quot;,&quot;highlighted_label&quot;:{&quot;description&quot;:&quot;Base&quot;,&quot;badge&quot;:{&quot;url&quot;:&quot;https://pbs.twimg.com/profile_images/1945608199500910592/rnk6ixxH_bigger.jpg&quot;},&quot;url&quot;:{&quot;url&quot;:&quot;https://twitter.com/base&quot;,&quot;url_type&quot;:&quot;DeepLink&quot;},&quot;user_label_type&quot;:&quot;BusinessLabel&quot;,&quot;user_label_display_type&quot;:&quot;Badge&quot;}},&quot;edit_control&quot;:{&quot;edit_tweet_ids&quot;:[&quot;1755682450750177719&quot;],&quot;editable_until_msecs&quot;:&quot;1707425889000&quot;,&quot;is_edit_eligible&quot;:true,&quot;edits_remaining&quot;:&quot;5&quot;},&quot;conversation_count&quot;:39,&quot;news_action_type&quot;:&quot;conversation&quot;,&quot;quoted_tweet&quot;:{&quot;lang&quot;:&quot;en&quot;,&quot;reply_count&quot;:2,&quot;retweet_count&quot;:3,&quot;favorite_count&quot;:34,&quot;created_at&quot;:&quot;2024-02-08T18:34:04.000Z&quot;,&quot;display_text_range&quot;:[0,93],&quot;entities&quot;:{&quot;hashtags&quot;:[],&quot;urls&quot;:[],&quot;user_mentions&quot;:[{&quot;id_str&quot;:&quot;1628067904083181570&quot;,&quot;indices&quot;:[31,36],&quot;name&quot;:&quot;Base&quot;,&quot;screen_name&quot;:&quot;base&quot;},{&quot;id_str&quot;:&quot;1342357104007503872&quot;,&quot;indices&quot;:[64,74],&quot;name&quot;:&quot;Friends With Benefits&quot;,&quot;screen_name&quot;:&quot;FWBtweets&quot;}],&quot;symbols&quot;:[]},&quot;id_str&quot;:&quot;1755661289035087998&quot;,&quot;text&quot;:&quot;still pretty mind blowing that @base public mainnet launched at @FWBtweets FEST 🔵🌲✨\n\n🤯🤯🤯&quot;,&quot;user&quot;:{&quot;id_str&quot;:&quot;24407801&quot;,&quot;name&quot;:&quot;⚡️ ERIKSON ⚡️&quot;,&quot;screen_name&quot;:&quot;thisisthetruth&quot;,&quot;is_blue_verified&quot;:true,&quot;profile_image_shape&quot;:&quot;Circle&quot;,&quot;verified&quot;:false,&quot;profile_image_url_https&quot;:&quot;https://storage.googleapis.com/papyrus_images/cf090a53b53b641698808e5b1dac0e44583673dada48d5cc604a7288caef4b96.jpg&quot;},&quot;edit_control&quot;:{&quot;edit_tweet_ids&quot;:[&quot;1755661289035087998&quot;],&quot;editable_until_msecs&quot;:&quot;1707420844000&quot;,&quot;is_edit_eligible&quot;:true,&quot;edits_remaining&quot;:&quot;5&quot;},&quot;isEdited&quot;:false,&quot;isStaleEdit&quot;:false},&quot;isEdited&quot;:false,&quot;isStaleEdit&quot;:false}"> 
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              <a target="_blank" href="https://twitter.com/jessepollak" class="twitter-displayname">jesse.base.eth</a>
              <p><a target="_blank" href="https://twitter.com/jessepollak" class="twitter-username">@jessepollak</a></p>
    
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      if you don't know the lore, we launched <a class="twitter-content-link"  href="https://twitter.com/base" target="_blank">@base</a> mainnet<br /><br /><img class="twitter-emoji" draggable="false" alt="📡" src="https://abs-0.twimg.com/emoji/v2/72x72/1f4e1.png"/> via a <a class="twitter-content-link"  href="https://twitter.com/Starlink" target="_blank">@Starlink</a><br /><img class="twitter-emoji" draggable="false" alt="🌲" src="https://abs-0.twimg.com/emoji/v2/72x72/1f332.png"/> from the woods of idyllwild <br /><img class="twitter-emoji" draggable="false" alt="👥" src="https://abs-0.twimg.com/emoji/v2/72x72/1f465.png"/> with the whole team there for <a class="twitter-content-link"  href="https://twitter.com/FWBtweets" target="_blank">@FWBtweets</a> FEST<br /><br /><a class="twitter-content-link" href="https://t.co/khz4MXn5aW" target="_blank">x.com/base/status/16…</a>
      
      
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              <a target="_blank" href="https://twitter.com/thisisthetruth" class="twitter-displayname">⚡️ ERIKSON ⚡️</a>
              <p><a target="_blank" href="https://twitter.com/thisisthetruth" class="twitter-username">@thisisthetruth</a></p>
    
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      still pretty mind blowing that <a class="twitter-content-link"  href="https://twitter.com/base" target="_blank">@base</a> public mainnet launched at <a class="twitter-content-link"  href="https://twitter.com/FWBtweets" target="_blank">@FWBtweets</a> FEST <img class="twitter-emoji" draggable="false" alt="🔵" src="https://abs-0.twimg.com/emoji/v2/72x72/1f535.png"/><img class="twitter-emoji" draggable="false" alt="🌲" src="https://abs-0.twimg.com/emoji/v2/72x72/1f332.png"/><img class="twitter-emoji" draggable="false" alt="✨" src="https://abs-0.twimg.com/emoji/v2/72x72/2728.png"/><br /><br /><img class="twitter-emoji" draggable="false" alt="🤯" src="https://abs-0.twimg.com/emoji/v2/72x72/1f92f.png"/><img class="twitter-emoji" draggable="false" alt="🤯" src="https://abs-0.twimg.com/emoji/v2/72x72/1f92f.png"/><img class="twitter-emoji" draggable="false" alt="🤯" src="https://abs-0.twimg.com/emoji/v2/72x72/1f92f.png"/>
      
      
       
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          <a target="_blank" href="https://twitter.com/jessepollak/status/1755682450750177719"><p>1:58 PM • Feb 8, 2024</p></a>
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  </div><p>Now, one year later, we&apos;re coming full circle by bringing BaseCamp to the same symbolic space. For two days in Idyllwild, we’re bringing the Base community together to connect, look towards our onchain future, and work together to accelerate progress.</p><h3 id="h-building-the-onchain-future-offgrid" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Building the onchain future, offgrid</h3><p>BaseCamp celebrates the projects and people at the forefront of building onchain. At its heart, this is a time for the Base community to connect, share ideas, and forge new collaborations that propel us toward a future where more people participate in a global, onchain economy.</p><p>The BaseCamp experience is designed to ignite the builder spirit through vision-setting, lightning talks, live performances, interactive art-making, delicious food, and bonding activities.</p><p>BaseCamp precedes FWB FEST 2024 and takes place from Wednesday July 31, to Thursday, August 1, including a welcome mixer and 1-day summit. Attendance at BaseCamp will include:</p><ul><li><p>A fully hosted experience, with complimentary lodging and dining. All we ask is that you cover your own travel to LAX or Palm Springs airport.</p></li><li><p>A complimentary ticket to FWB FEST, so you can experience the broader onchain cultural context that Base was launched in.</p></li></ul><blockquote><p>“Our deeply held belief at FWB is that we are in a reciprocal relationship with our internet: as we build it, it in turn shapes us. FWB FEST provides a container for Base founders and builders to not only spend critical time IRL, but to integrate culture into crypto infrastructure and consumer products. This positive feedback loop will only build a better internet and bring more people into the onchain arena. BASECAMP at FWB FEST is a validation of our thesis that culture drives adoption of emerging tech.”</p><p>– Greg Bresnitz, CEO of FWB</p></blockquote><h3 id="h-want-to-be-a-part-of-basecamp" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Want to be a part of BaseCamp?</strong></h3><p>Because of the intimate setting, for its first year, BaseCamp will be by invitation or application only, with plans to broaden to more people in future years. Apply now to join us in Idyllwild this August. Note that spots are limited, and we will be prioritizing those who have previously received a Base grant or contributed to the Base ecosystem in a meaningful way. Please share what you’ve contributed and what you hope to get out of attending BaseCamp. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://basecamp2024.splashthat.com/">Learn more and apply here</a>.</p><p>Even if you can’t make it, we invite you to build with us during <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.base.org/buildersummer?utm_source=dotorg&amp;utm_campaign=onchainsummer">Onchain Summer</a>.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Join the Onchain Summer Buildathon]]></title>
            <link>https://paragraph.com/@base-8/join-the-onchain-summer-buildathon</link>
            <guid>rXkQVcuxBMJBOw6dywxZ</guid>
            <pubDate>Thu, 16 May 2024 16:00:48 GMT</pubDate>
            <description><![CDATA[TLDR. We’re inviting builders around the world to join the Onchain Summer Buildathon, with 200 ETH in total prizes and sponsors including Stripe, Shopify, Farcaster, Zora, Fleek, thirdweb, Nouns, Aerodrome, and Synthetix. To kickoff Onchain Summer, we’re sponsoring one of the largest global online hackathons ever, dedicated to bringing the world onchain. From May 31st - June 30th we want you to show us what’s possible across payments, commerce, gaming, social, and more. 200 ETH across 8 spons...]]></description>
            <content:encoded><![CDATA[<p><strong><em>TLDR. We’re inviting builders around the world to join the Onchain Summer Buildathon, with 200 ETH in total prizes and sponsors including Stripe, Shopify, Farcaster, Zora, Fleek, thirdweb, Nouns, Aerodrome, and Synthetix.</em></strong></p><p>To kickoff <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/HoH9cZVi8CMdvxVUNjvOzceUPVQcVZvvkf8ZbCOVOco">Onchain Summer</a>, we’re sponsoring one of the largest global online hackathons ever, dedicated to bringing the world onchain. From May 31st - June 30th we want you to show us what’s possible across payments, commerce, gaming, social, and more.</p><p><strong>200 ETH across 8 sponsored tracks</strong> <strong>and a bonus pool</strong></p><p>The Buildathon (managed by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchain-summer.devfolio.co/">Devfolio</a>) has eight tracks covering some of the fastest-growing onchain use cases today. Each track offers 20 ETH in total rewards, with 2-10 winning teams selected from each track. We’re looking for experiences that make it easy for anyone to get onchain in the following categories:</p><ol><li><p><strong>PAYMENTS with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://stripe.com/"><strong>Stripe</strong></a><strong>:</strong> Build easy to use consumer payment experiences.</p></li><li><p><strong>DISCOVERY with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://fleek.xyz/"><strong>Fleek</strong></a><strong>:</strong> Develop compelling apps using the Onchain Summer Registry that help people find things to do onchain.</p></li><li><p><strong>CREATOR with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://zora.co/"><strong>Zora</strong></a><strong>:</strong> Create new and imaginative ways for onchain creativity to thrive with projects that help people create, discover, curate, and collect.</p></li><li><p><strong>SOCIAL with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.farcaster.xyz/"><strong>Farcaster</strong></a><strong>:</strong> Bring people together with social experiences that harness the potential of being onchain.</p></li><li><p><strong>GAMING with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://thirdweb.com/"><strong>thirdweb</strong></a><strong>:</strong> Build onchain games with a focus on fun and mainstream adoption.</p></li><li><p><strong>COMMERCE with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.shopify.com/"><strong>Shopify</strong></a><strong>:</strong> Create compelling commerce experiences for merchants with URL&lt;&gt; IRL tie-ins, like affiliate or loyalty programs that come alive onchain.</p></li><li><p><strong>UNPLUGGED with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://nouns.wtf/"><strong>Nouns</strong></a><strong>:</strong>  Make a real world impact by mixing the IRL&lt;&gt;URL, with a focus on community engagement and real-world impact.</p></li><li><p><strong>TRADING with </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://aerodrome.finance/"><strong>Aerodrome</strong></a><strong> and </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://synthetix.io/"><strong>Synthetix</strong></a><strong>:</strong> Develop innovative trading and investing experiences like DeFi primitives with app interoperability.</p></li></ol><p>In addition to the track rewards, we’re adding a bonus pool of 40 ETH for builders using the following tools to superpower their onchain apps: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/wallet/smart-wallet">Coinbase Smart Wallet</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/onchain-verify">Coinbase Verifications</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.cdp.coinbase.com/node/docs/paymaster-bundler-qs/">Coinbase Paymaster</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchainkit.xyz/">OnchainKit</a>.</p><p>For builders who integrate Smart Wallet, we’ll offer up to $15k in additional gas credits to eligible recipients through the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.smartwallet.dev/base-gasless-campaign">Base Gasless Campaign</a> and the chance to be featured on the official Onchain Summer page in July.</p><p><strong>Find even more opportunities on Bountycaster, or post your own bounties.</strong></p><p>Are you a builder looking for your next challenge? Take a look at the community-hosted bounties on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.bountycaster.xyz/onchainsummer">Bountycaster</a> to see if there&apos;s something you want to build.</p><p>Bounties on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.bountycaster.xyz/onchainsummer">Bountycaster</a> are completely decentralized and community-run. Bounty hosts will design the bounty, review the submissions, and manage the payouts. Is there a project you want to see onchain that hasn&apos;t been built yet? Post a bounty yourself.</p><p><strong>Just build it</strong></p><p>Ready to start building? Make it official by joining the Onchain Summer Buildathon <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchain-summer.devfolio.co/">on Devfolio</a>.</p><ol><li><p>Complete your profile and follow the prompts, including staking a small amount of ETH (0.002) which you will get back upon submitting your project</p></li><li><p>May 31: Start building</p></li><li><p>June 30: Submissions due</p></li><li><p>July 8 - 12: Judging: Each track will be judged by a panel consisting of the track sponsors alongside Base and community members</p></li><li><p>July 16: Winners announced</p></li><li><p>Remainder of July: Community review of winning projects, KYC, and payouts</p></li></ol><p>For more details on team size, resources, and prizes, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchain-summer.devfolio.co/">visit Devfolio</a>.</p><p><strong>Rewards all summer long</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://rounds.wtf/">Rounds</a> <strong>grants on /base-builds:</strong> Get rewarded for building in public by posting to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/~/channel/base-builds">/base-builds on Warpcast</a>. Share what you’re building on Base and earn a share of up to 5 ETH reward pools. Whether it’s apps, creative projects, videos, memes, or something else, no project is too small or too early.</p></li><li><p><strong>Base Builder Grants:</strong> We’re continuing on grants program through Onchain Summer to ensure that builders are recognized for their contributions. We’ve awarded close to 300 ETH to date through Builder Grants, and we can’t wait to see more creativity come onchain. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://paragraph.xyz/@grants.base.eth/calling-based-builders">Learn more about Builder Grants</a>.</p></li></ul><p><strong>Build with us this Summer</strong></p><p>We love being onchain, but we also love being in-person with builders. This summer, we invite you to connect with your communities onchain <em>and</em> IRL. If you’re interested in bringing fellow builders together, share ideas, or ideate on your projects — <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.mirror.xyz/7BwxiX5zQvudhM2NhMxQmImiw3gU2tMi-mVBFYObdcM">apply for a meetup grant</a>.</p><p>We invite builders from all around the world to join the Onchain Summer Buildathon. Wherever you are, you can help make coming onchain more accessible, useful, and fun for everyone around the world. This summer, we’re laying the foundation for the next generation of the internet—together.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onchain-summer.devfolio.co/">Register for the Buildathon today</a> and join us in making onchain the next online.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/07a41d11b113d7dc7103039ea54e881df68f576a32623214dc138439db938d73.png" length="0" type="image/png"/>
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            <title><![CDATA[Base is making it easier to get your money onchain with new global onramp and offramps]]></title>
            <link>https://paragraph.com/@base-8/base-is-making-it-easier-to-get-your-money-onchain-with-new-global-onramp-and-offramps</link>
            <guid>uFPqTXra7KMApWlYKamR</guid>
            <pubDate>Wed, 15 May 2024 17:59:37 GMT</pubDate>
            <description><![CDATA[TLDR: Base is making it easier to get your money onchain with new onramp options from teams such as Binance, Bitkub in Asia, and Chipper Cash in Africa. Our onramp network now covers 190+ countries, which helps to expand the onchain economy worldwide.Global onramps in 190+ countriesIn 2024, Base committed to building a global onchain economy that increases innovation, creativity, and freedom. To achieve this mission, we need to help make getting onchain as easy as possible. New solutions from...]]></description>
            <content:encoded><![CDATA[<p><em>TLDR: Base is making it easier to get your money onchain with new onramp options from teams such as Binance, Bitkub in Asia, and Chipper Cash in Africa. Our onramp network now covers 190+ countries, which helps to expand the onchain economy worldwide.</em></p><h3 id="h-global-onramps-in-190-countries" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Global onramps in 190+ countries</strong></h3><p>In 2024, Base committed to building a global onchain economy that increases innovation, creativity, and freedom. To achieve this mission, we need to help make getting onchain as easy as possible. New solutions from Binance, Bitkub in Thailand, and Chipper in Africa are examples of onramps built by others that expand access, allowing people to purchase USDC and ETH using a diverse range of payment methods tailored to their context — including local bank transfers, credit cards, and mobile payments.</p><p>With onramps now available across 190+ countries, more people than ever before can come onchain.</p><h3 id="h-find-your-base-onramp" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Find your Base onramp</strong></h3><p>Builders can integrate seamless solutions into their applications to create a better onramping experience and expand their reach. Here are some of the onramp options available on Base that help users get from fiat to ETH and USDC onchain quickly and easily.</p><h4 id="h-global" class="text-xl font-header !mt-6 !mb-3 first:!mt-0 first:!mb-0">Global</h4><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://banxa.com/">Banxa</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.binance.com/en">Binance</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.bitkub.com/th">Bitkub</a> (Thailand)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://chippercash.com/">Chipper Cash</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/developer-platform/products/onramp">Coinbase Onramp</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://fonbnk.com/">Fonbnk</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.moonpay.com/">Moonpay</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://app.onboard.xyz/">Onboard</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://onramp.money/">Onramp.money</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://pintu.co.id/en">Pintu</a> (Indonesia)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ramp.network/">Ramp</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://transak.com/">Transak</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.transfi.com/">Transfi</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.unlimit.com/">Unlimit</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://zkp2p.xyz/">Zkp2p</a></p></li></ul><h3 id="h-building-a-global-onchain-economy" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Building a global onchain economy</strong></h3><p>By simplifying onchain transactions and making them accessible globally, we&apos;re unlocking the financial potential of the internet. Join us in bringing the next billion users onchain by making it easier to onramp.</p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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            <title><![CDATA[Onchain Summer II is Coming]]></title>
            <link>https://paragraph.com/@base-8/onchain-summer-ii-is-coming</link>
            <guid>mqlceivDirHidnoSsrpf</guid>
            <pubDate>Thu, 02 May 2024 17:00:33 GMT</pubDate>
            <description><![CDATA[TLDR: Onchain Summer is back. We’re inviting builders, creators, brands, and artists to co-create Onchain Summer with us and help bring a billion people onchain. This summer, everyone can be a builder, and Base and our partners are offering over 600 ETH¹ ($2 million) in prizes, grants, and gas credits. What are you building? Submit your project for an opportunity to be featured during Onchain Summer. Last summer, we came together with builders, brands, artists, and creators to showcase what&a...]]></description>
            <content:encoded><![CDATA[<p><strong>TLDR</strong>: Onchain Summer is back. We’re inviting builders, creators, brands, and artists to co-create Onchain Summer with us and help bring a billion people onchain. This summer, everyone can be a builder, and Base and our partners are offering over 600 ETH¹ ($2 million) in prizes, grants, and gas credits. What are you building? <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://base.org/registry">Submit your project</a> for an opportunity to be featured during Onchain Summer.</p><p>Last summer, we came together with builders, brands, artists, and creators to showcase what&apos;s possible onchain. For 23 days, we celebrated the launch of Base’s mainnet with onchain music, gaming, advocacy, and art, from builders like Coca-Cola, Blackbird, Zora, FWB, Parallel, and a roster of others all working together to build an onchain future.</p><p>Onchain is already powering today’s financial system updates and Onchain Summer is an annual effort that brings us closer to the next chapter – where onchain is the next online. We’re calling on creators and builders everywhere to shape the next era of the internet and help bring the next billion users onchain by showing what’s possible.</p><p>It’s time for Onchain Summer II.</p><p>This year we’re inviting <em>everyone</em> to build all summer long, starting on June 3 and ending in August. To help enable this, Base and our ecosystem partners are offering over 600 ETH ($2 million) in prizes, grants, and gas credits.</p><p>Onchain Summer will kick off with a month-long online hackathon hosted by Base and partners. Then, during July and August, Coinbase will showcase daily experiences that make coming onchain easier and more fun than ever.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/ebf6a0285585732622e3656809008b4f3efa74eeadcd5e42ba84a0568298cd21.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Are you ready to get building? Here’s the type of experiences we’re looking for:</p><ul><li><p><strong>Do something that’s never been done before:</strong> Create captivating onchain experiences; the more innovative, the better.</p></li><li><p><strong>Make something accessible to everyone:</strong> Whether it’s a game, social app, piece of art, or commerce flow, Onchain Summer is for everyone. Keep it low-cost and easy for anyone to use.</p></li><li><p><strong>Keep it simple:</strong> Bringing a billion people onchain requires onboarding that feels like a warm welcome. Experiences should be frictionless for new users.</p></li></ul><p>The best projects built during Onchain Summer will have the opportunity to reach millions of people, with the support of Base, Coinbase, and everyone else bringing the world onchain. Coinbase will offer an Onchain Summer destination, where builders and creators can launch their work, sell merchandise, distribute prizes and much more. If you’re working on something that matches this vision, we invite you to share it with us. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://buildonbase.deform.cc/registry/">Submit your project to participate in Onchain Summer</a>.</p><p><strong>Over 600 ETH worth of rewards for builders and creators</strong></p><p>We want everyone to bring their creativity onchain this summer. Here’s how we’re helping you build and create:</p><ul><li><p><strong>Onchain Summer Buildathon</strong> is a month-long global online hackathon through the month of June. Keep an eye out for more details in the coming weeks about the categories and how you can participate.</p></li><li><p><strong>Gas Credits</strong> will be available for anyone looking to sponsor transactions and offer gasless experiences. Claim 0.25 ETH by signing up for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/developer-platform">Coinbase Developer Platform</a> (and you can apply for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.google.com/forms/d/1yPnBFW0bVUNLUN_w3ctCqYM9sjdIQO3Typ53KXlsS5g/viewform?edit_requested=true">more here</a>). You can also access gas credits through <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/safe/status/1762492813902540887">Safe</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.alchemy.com/">Alchemy</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/biconomy/status/1753103500966588718?s=46&amp;t=x0AmGkxXhUNWSavAXRzcvA">Biconomy</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/will/0x66826dd0">Syndicate</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://warpcast.com/kristof/0xf4d3dadb">Pimlico</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/zerodev_app/status/1761038219632857558">ZeroDev</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/stackup_fi/status/1760666266891698349?t=IbuOsu_rFBLdlYgIToNqdA&amp;s=19">Stackup</a>.</p></li><li><p><strong>Builder Grants</strong> are small <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://paragraph.xyz/@grants.base.eth/calling-based-builders">retroactive grants</a> for builders with early ideas or initial prototypes. In addition to Base grants, other ecosystem partners will be rewarding builders and creators throughout Onchain Summer, including <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://rounds.wtf">Rounds</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://optimism.mirror.xyz/nz5II2tucf3k8tJ76O6HWwvidLB6TLQXszmMnlnhxWU">Optimism</a>.</p></li></ul><p><strong>Tools to help you build</strong></p><p>One of the biggest barriers to growing onchain adoption is the complexity of the user onboarding experience. Base is collaborating with teams across the ecosystem, including Coinbase, to enable tools for Onchain Summer builders.</p><ul><li><p><strong>Easier Wallet Onboarding:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/blog/evolving-wallets-to-bring-a-billion-users-onchain">Coinbase’s new smart wallet</a> recently launched on Base Sepolia testnet for devs to start building with it, and will be <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/wallet/smart-wallet">available on mainnet for consumers later this quarter</a>. Smart wallet allows users to create a new wallet instantly for any onchain app using just a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://blog.google/inside-google/googlers/ask-a-techspert/how-passkeys-work/">passkey</a> – no app downloads, extensions, or seed phrases required. We’re also excited by onchain user onboarding experiences from <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.dynamic.xyz/">Dynamic</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/privy_io/status/1760686451765997824">Privy</a>.</p></li><li><p><strong>Seamless User Experiences:</strong> As developers build with account abstraction standards like EIP-4337, they need access to best in class tools for abstracting gas and enabling users to more easily transact. Builders looking to get started with account-abstracted experiences can use infrastructure from <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.alchemy.com/account-abstraction-infrastructure">Alchemy</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.biconomy.io/post/biconomy-full-stack-account-abstraction-sdk">Biconomy</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.coinbase.com/cloud/solutions/account-abstraction-kit">Coinbase Developer Platform</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.pimlico.io/">Pimlico</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://safe.global/core">Safe</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://sequence.xyz/">Sequence</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.stackup.sh/">Stackup</a>, or <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://zerodev.app/">ZeroDev</a>. And if you’re new to building onchain apps, check out the open-source <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://buildonchainapps.xyz/paymaster-bundler">Build Onchain Apps Toolkit</a>.</p></li></ul><p><strong>Mint Onchain Summer and stay up to date</strong></p><p>So, are you ready for Onchain Summer yet? Mint it.</p><div data-type="embedly" src="https://homebase.coinbase.com/nft/mint/ocsII" data="{&quot;provider_url&quot;:&quot;https://wallet.coinbase.com&quot;,&quot;title&quot;:&quot;Coinbase Wallet&quot;,&quot;url&quot;:&quot;https://wallet.coinbase.com/nft/mint/ocsII&quot;,&quot;version&quot;:&quot;1.0&quot;,&quot;provider_name&quot;:&quot;Coinbase Wallet&quot;,&quot;type&quot;:&quot;link&quot;}" format="small"></div><p>We’ve also updated Base Day One, which was minted on the first day of Onchain Summer last year. We said that the story would evolve as more people came onchain, and now it has, commemorating the first year of Base. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://zora.co/collect/base:0x7d5861cfe1c74aaa0999b7e2651bf2ebd2a62d89">Watch it onchain</a>.</p><p>We’ll be sharing more soon, so:</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://paragraph.xyz/@onchaindaily">Subscribe to Paragraph</a> for Onchain Summer Updates</p></li><li><p>Follow @Base on Warpcast and X</p></li></ul><p>Let’s build together.</p><p><em>Rewards, Builder Grants and Gas Credits are subject to availability and eligibility requirements which may change at any time and without notice. Eligibility may be based on factors such as geographic location, adherence to specific guidelines, or completion of certain actions or tasks. Rewards for the Onchain Summer Buildathon will be distributed by a third party to eligible finalists.</em></p><p>¹<em>Due to fluctuations in the value of Ethereum, the number of ETH distributed may vary or be paid out in another digital asset to ensure the total payout does not exceed $2M.</em></p>]]></content:encoded>
            <author>base-8@newsletter.paragraph.com (Base)</author>
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