Base By Coinbase Teases Major Ecosystem Upgrade to Attract More Devs
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.
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.
Also Read: US SEC Sued Over NFT Art Regulation Claims In LA Court
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
- Upgrade to NVMe SSDs for better throughput
- Enhance CPU performance, focusing on single-core speed.”
Also Read: Ryan Selkis Calls For ‘Peaceful Protest’ Amid Google Search Ban on Donald Trump
- Analyst Turn Bullish with $400 SOL Target as Hong Kong Approves First-Ever Solana ETF in Asia
- Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash
- BSC Meme Season Ends as PumpFun Surpasses Four Meme Amid $8M Inflows
- ProShares Files for Index Crypto ETF Tracking Bitcoin, Ethereum, XRP, and Solana
- Trump Says Meeting with China May Not Happen, Bitcoin Drops
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
- Pi Coin Price Eyes 50% Upswing As AI-Powered App Studio Update Ignites Optimism
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.
