The exact date for the Base mainnet launch has not yet been announced.
Base, the layer 2 network developed by Coinbase, is preparing for its mainnet launch. Since being deployed on a testnet earlier this year, Base has met 4 of the 5 criteria for the upcoming event while prioritizing security to attract the next million developers and billion on-chain users.
As a result, the team responsible for protocol security has redoubled its efforts over the past six months to improve the security of Base and Optimism. So far, experts have not found any major flaws.
Safety first at the base
According to the blog post, developers have audited all Optimism pre-deployments and contracts on L1 and L2 to detect bugs and risks in the technology stack.
In addition to developing playbooks for different types of risk scenarios and distress events, key components such as the L2 bridge and sequencer were subjected to a “fuzz testing” approach.
The team also reviewed and audited Base’s key management settings and contracts.
After completing these audits, more than 100 external security researchers hired for this purpose found no serious or critical bugs. This strengthens Base’s confidence in proceeding with the mainnet launch, the platform said in a statement.
The team is currently working to ensure that appropriate action is taken on any informational issues or minor issues reported during this process.
"The goal of all our security work is to find corners around and blunt the effectiveness of these attacks. We're proud of the work we do to protect the base, and while even the best controls sometimes fail, we always learn and do better."
go ahead
Coinbase launched its own Ethereum Layer 2 network in February, developed in partnership with Optimism. Its mainnet is expected to launch sometime in 2023. As part of the agreement, the cryptocurrency exchange joined Optimism as a core developer of the open-source OP Stack.
Looking ahead, Base revealed the addition of an open-source monitoring tool called Pessimism, which is designed to notify builders of any anomalies, such as abnormal account balances, contract events, or discrepancies between L1 and L2 states.
Additionally, the new tool will work alongside existing OP Labs monitoring tools, Coinbase’s native blockchain monitoring capabilities, and third-party tools for detecting malicious and anomalous events.
