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How does Base Blockchain Work?

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Built as Ethereum's Layer 2 (L2) blockchain network, Base is designed to improve performance, interoperability, and scalability, while reducing transaction fees and settlement times. Base processes transactions off the main chain through a mechanism known as “rollups”, which combines multiple transactions into a single batch and sends them as a single batch to Layer 1 Ethereum for validation. Such an approach helps reduce fees and load on the Ethereum main network. The main uses of Base include:

  • Decentralized finance (DeFi) platforms.
  • Non-fungible token (NFT) marketplaces.
  • Games and virtual worlds.
  • Social media platforms.
  • Supply chain and logistics applications.

Base's compatibility with Ethereum-based tools and frameworks, as well as lower fees and faster transaction times, make it a useful platform for both developers and users.

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