Today, Base largely dominates the Layer 2 sector in terms of activity. And the Layer 2 in Coinbase, one of the largest exchanges of cryptocurrencies in the world, is about to be 10x faster with the arrival of “flashblocks”.
Base the fastest EVM blockchain soon?
200 milliseconds: this is the time it will take on the basis of the American Coinbase Cryptomonnai Exchange 2, to “pre-confirm” its blocks. In other words, this novelty called “Flashblocks” will allow to be 10x faster than today, but will also make it the fastest EVM compatible blockchain to date.
Note from the outset that this is not a quasi-instantaneous block finalization system, even if the idea is getting closer. To put it simply, Flashblocks are “partial” blocks broadcast at the nodes of the network every 200 mswith a protection mechanism against cancellations.
⛓️ Find out how to interact with the Blockchain Base
A novelty which should strengthen basic growth, and which is already available on the Testnet Sepolia. The implementation of flashblocks on the Mainnet is currently scheduled for the 2nd quarter of the current year.
Flashblock technology is not the basic exclusivity, however, at least for the moment. Unichain, the recently launched Layer 2 of the Uniswap Dex, also plans to include it on its blockchain. For the moment, the Unichain still displays good performances, with a block time of a second.
Coinbase: Register on the most famous Crypto exchange in the world
Simplified user experience and less friction
The introduction of flashblocks occupies the headlines expected new products, but the Layer 2 of Coinbase has included new interesting things about its roadmap.
Appchains basefirst of all, constitute layer 3 based on op-enClave, an improvement in the OP Stack. Particularly suitable for applications with strong transactional volumes (for games, for example), appchains are subnets dedicated to said applications.
By offering dedicated block spaces, they allow their applications to respond efficiently to strong requests. In short, this opens the way to more efficient web3 applications, with reduced costs and greater flexibility. According to Base, blocklord, Super Champs and Metacade applications are already planning to launch their appchain.
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Finally, Base has introduced the smart wallet subsidiarya global improvement in the on-chain user experience, especially for those who use different wallets and who find themselves faced with pop-up mountains and other authorizations to be given during their operations.
Also available on the Basic Testnet, the Smart Wallet Sub Accounts should also land on the Mainnet in the 2nd quarter of the year 2025.
With more than 4.6 million active addresses per week, Base is by far the Layer 2 with the most activity, since it represents more than 50 % of the overall activity of this type of blockchain on this metric.
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Sources: Documentation, GrowThepie
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