Coinbase’s Base to adhere to Optimism’s open neutrality framework | Headlines | News | CoinMarketCap

07/19/2023 16:55
Coinbase’s Base to adhere to Optimism’s open neutrality framework | Headlines | News | CoinMarketCap

Next week, the Ethereum Layer 2 project, Optimism, will release an “open neutrality framework” as its decentralization guidelines, and Coinbase’s …

Next week, the Ethereum Layer 2 project, Optimism, will release an “open neutrality framework” as its decentralization guidelines, and Coinbase’s Base will follow it, said Jesse Pollak, the lead for Coinbase protocols.

The neutrality framework, currently in draft, sets out principles for networks that want to remain decentralized, Pollak said in a talk at the ongoing EthCC event in Paris.

Pollak stated that Coinbase is committed to three principles of decentralization. First, state transitions must be consistent. This refers to the fundamental method of recording transactions and wallet balances on the network. Second, the network’s security uptime liveness must always be maintained. If this is not the case, Pollak noted, there will be consequences. Third, upgrades should be approved …

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