Base Reaches Stage 1 Decentralization with Fault Proofs and Security Council

Base, an Ethereum Layer 2 scaling solution, has achieved Stage 1 decentralization. This milestone includes the implementation of fault proofs and the establishment of a security council, enhancing the network’s security and resilience. This step ensures that there is no single point of failure in the network, allowing for greater participation in securing and verifying the platform. Base’s achievement is part of efforts to build a foundation for an onchain economy. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io