Base By Coinbase Teases Major Ecosystem Upgrade to Attract More Devs

David Pokima
July 30, 2024
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Highlights

  • Base has announced plans to increase its gas target to double-digit.
  • The platform cites a better and faster ecosystem to attract developers.
  • Base recently hit 50 transactions per second for the first time.

Ethereum layer 2 network Base has announced plans to upgrade its gas target following previous successes. The exodus upgrade is expected to drive innovation and developers toward building on the network. Crypto users have pushed for faster and more scalable networks to gain wider traction.

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Base Set To Raise Gas Target 

Base will raise its gas target on July 30 marking a new phase in double digits gas per second. In a recent post on X (formerly Twitter), Jesse Pollak, Base builder noted the platform will raise the gas target to 10MGas/second. This is 10% of the target of 1Ggas/second. The announcement was met with enthusiasm from the crypto community as devs aim for better efficiency. 

The layer 2 network stated that the new target came after it reached its previous milestone last week. Base raised the target from 8.75Mgas/sec to 9.375Mgas/s. The new 10Mgas/a target will be the first time in double digits with the ecosystem expecting more growth.

Tomorrow (July 30th) is a big day on @base. Following last week’s successful gas target increase from 8.75Mgas/sec to 9.375Mgas/sec, tomorrow it will be notably increased even further to 10Mgas/sec, marking entry into the realm of double-digit Mgas/sec on Base, near the first anniversary of its launch.”

Recent increases on the network have seen the transaction per second (TPS) drop increase. Pollak stated that the network’s TPS soared over 50 for the first time. 

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Network Seeks Innovation 

The platform announced the upgrade on the ecosystem highlighting benefits including increased transactions per block, attracting developers, etc. The between added that it seeks to create more economic freedom and enhance innovation. To set the ball rolling, Base disclosed a checklist for node operators ahead of the upgrade. 

Alongside tomorrow’s increase, for most builders and users, no action is needed, but if you’re running a Base Node, ensure you’re ready for more increased activity from people using Base:1. Monitor CPU and Disk I/O

  1. Upgrade to NVMe SSDs for better throughput
  2. Enhance CPU performance, focusing on single-core speed.” 

Also Read: Ryan Selkis Calls For ‘Peaceful Protest’ Amid Google Search Ban on Donald Trump 

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.