Base implements the first phase of Ethereum Rollup decentralization, launches fault proof mechanism and establishes a security committee

Odaily Planet Daily News Base has achieved the first phase of Ethereum Rollup decentralization, launched a fault proof mechanism and established a security committee. Base developers said that the network has reached the "first phase" of Vitalik Buterin's Rollup decentralization framework and has made progress in reducing dependence on centralized participants. The Base team said: "Base has achieved the first phase of decentralization, which is a key milestone in the process of building an open global on-chain economy. This goal was achieved by launching permissionless fault proofs and increasing the decentralization of the contract upgrade process through the security committee." Base was launched in August 2023 and developed using Optimism's OP Stack package. It has now grown into the largest Layer 2 rollup on Ethereum by TVL. Previously, Base was classified as a Phase 0 Rollup, mainly because it still relied on a centralized sorter controlled by Coinbase and its mainnet lacked a fully operational permissionless fault proof. (The Block)