Skip to content Skip to sidebar Skip to footer

Base’s Impressive TPS Trigger Revealed by Coinbase CEO

Coinbase’s Base protocol, boosted by, achieves faster transactions than Ethereum, showcasing its potential in the Layer 2 ecosystem.

Key Points

  • Coinbase’s Base, a Layer 2 scaling solution, gains attention in Web3.0.
  • CEO Brian Armstrong credits for boosting transactions/sec (TPS).
  • Base protocol surpasses Ethereum’s TPS with 16 TPS, supported by Coinbase and Optimism.
  • Base emerges as a strong Layer 2 player, outpacing competitors like Shibarium, backed by Coinbase’s infrastructure.

In the Web3.0 ecosystem, one trend has been capturing attention recently: Base, the Layer 2 scaling solution developed by Coinbase Global Inc., the American cryptocurrency exchange.

This trend, known as, has been identified by Coinbase CEO Brian Armstrong as a key factor driving the significant increase in transactions per second (TPS) achieved by the Base protocol.

The announcement from Armstrong came in response to a tweet from Jesse Pollak, a top contributor to the Layer 2 protocol. Pollak highlighted that Base’s TPS has surpassed that of Ethereum, with a rate of 16 transactions per second.

Armstrong acknowledged that much of this growth can be attributed to the influence of

Base Protocol Outpaces Competitors on Ethereum

Base is a relatively new protocol that recently launched on the Ethereum mainnet for public use. According to data from L2Beat, the TPS value of Base has increased by over 75% in the past week alone.

Compared to other established competitors on Ethereum, the Base protocol has already made a significant impact. The network has attracted several noteworthy decentralized applications (dApps), solidifying its position as a prominent Layer 2 solution to watch out for.

Base’s Competitive Advantage

Although Base is a newcomer among Ethereum’s Layer 2 solutions, it holds a competitive advantage due to its strong association with Coinbase exchange and Optimism, another prominent project.

These established projects provide Base with a user base, funding depth, and partnerships that contribute to the protocol’s growth in its early stages.

This advantage becomes evident when comparing Base to Shibarium, a competitor introduced by the meme coin Shiba Inu.

Despite the considerable hype surrounding the launch of Shibarium’s mainnet last week, the protocol encountered a setback, with block production coming to a halt.

The success of Base and its continuous growth in transactions per second demonstrate its potential to become a leading player in the Layer 2 ecosystem.

With the support of Coinbase and its existing infrastructure, Base is poised for further advancements in the Web3.0 space.