THE HASH: Coinbase Gears Up For Public Launch of 'Base' Layer 2 Blockchain; Patreon Payout Concerns
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 3 August 2023
⏱️ 24 minutes
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| 0:00.0 | This is the hash podcast. Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more. |
| 0:15.7 | All on the hash for your ears. You're listening to the Coin Desk Podcast Network. Hello and welcome to CoinDest |
| 0:25.8 | TV. I'm Will Foxley, your host for today. Join alongside Zach Seward, Danny Nelson, and David Z. |
| 0:31.2 | Morris. You're watching us or listening to us on the Coin Desk Podcast Network. Either way, |
| 0:35.6 | give us a thumbs up or a like or drop a comment. |
| 0:38.2 | We'd love to hear from you guys. |
| 0:39.6 | A lot of great stories to start the day. |
| 0:41.5 | We're going to talk about Coinbase, which is moving forward with base. |
| 0:44.6 | It's Layer 2 proposal built on top of the Opimism OP stack. |
| 0:49.5 | Base is a new way to build on chain. |
| 0:53.1 | Coinbase is pushing forward with this idea of on-chain |
| 0:55.5 | summer, bringing in huge brands like Coca-Cola, Atari, and other groups like OpenC, |
| 1:00.8 | in order to build more applications on-chain. They first launched this in July for developers, |
| 1:06.6 | are now opening up to the public this month. I've already seen a few different things happening with |
| 1:11.4 | base, notably the bald token, a meme coin, which took off just last week and developed into |
| 1:16.9 | a $100 million market cap token in short order and then quickly fell apart. A lot of development |
| 1:23.8 | for this story. Zach, I'm going to throw it to you, first of all, talk about bald, |
| 1:32.0 | base, and a lot of everything's happening with the optimism stack. Wow, there's so much to go on here. First of all, yeah, optimism looking pretty good in terms of the scaling solutions |
| 1:36.5 | out there, racking up some key wins of which base is a good one. Bald, we talked about yesterday |
| 1:41.2 | and the potential Alameda-linked shenanigans that some breadcrumbs |
| 1:45.5 | on chain suggest could be at play. And yeah, on chain summer, man. I mean, that's a bit aspirational |
| 1:51.9 | for sure. But I think L2s and roll-ups are very much part of the conversation right now in the |
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