Coinbase's Layer 2 Base Breaks Transaction Records with cbBTC Launch
Coinbase's Layer 2 Base Milestone
Coinbase's Layer 2 solution, Base, has reached new heights with 4.5 million transactions. This significant achievement is largely due to the recent launch of cbBTC, a wrapped Bitcoin token. As users increasingly embrace this new token, transaction rates have soared.
Details of cbBTC Launch
The launch of cbBTC has provided users with innovative ways to engage with Bitcoin, facilitating seamless transactions across the network. This development highlights the ongoing evolution of blockchain technology and its potential impact on the crypto market.
- Milestone Achieved: 4.5 million transactions
- Token Launch: cbBTC
- Impact: Enhanced transaction methods
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.