Layer-2 solutions are driving the growth of the Web3 ecosystem by providing efficient and cost-effective blockchain interactions for a wide range of applications such as finance, gaming, and governance. Among the hundreds of Layer-2s that have been developed, Base stands out with a total value locked (TVL) of over $6 billion by 2024. 🌐
Base, an Ethereum Layer-2 blockchain developed by Coinbase, uses “optimistic rollups” technology to improve the scalability and efficiency of the Ethereum network. This reduces the load on Ethereum and reduces transaction fees, facilitating the widespread adoption of on-chain applications.
The best wallets for Base in 2024 include Coinbase Wallet, Ledger, MetaMask, Trust Wallet, SafePal, Brave Wallet, Exodus, YaspFi, Enkrypt, and Zerion. Each wallet has its own features and benefits, from high security to a user-friendly interface. 🔒
These wallets help users easily manage assets and interact with dApps on the Base network, contributing to the strong development of the Web3 ecosystem.