Rango Exchange has integrated Base into its cross-chain protocol, a major achievement. Users can now easily reach Base via 50+ blockchains. Base is a powerful and affordable Layer 2 (L2) solution designed to grow Ethereum’s user base while ensuring security and scalability. Despite being built by Coinbase, Base is committed to decentralization to create an accessible, open, and global cryptocurrency market for everyone.
☄️Happy to share our latest milestone: seamless integration of @base into our #crosschain protocol! 🔥
Now our users can effortlessly access #Base from +50 blockchains.👨💻This integration includes:
🌉 @StargateFinance, @deBridgeFinance and @AcrossProtocol as bridge… pic.twitter.com/uAqaJsbxAa
— Rango (@RangoExchange) January 29, 2024
Coinbase integration increases Base’s credibility and drives market growth
The OP Stack, developed with Optimism, is the core of Base. Coinbase’s development team is critical to this collaboration. The partnership maintains the OP Stack as a shared resource, driving the decentralization of blockchain technology.
The groundwork was accelerated with Ethereum Improvement Proposal (EIP) 4844, which addressed proto-dank hardening. This update would reduce Ethereum transaction fees by 100%, making the Ethereum economy more accessible.
Base has many benefits for developers and users. Ethereum uses blockchain security to secure it. Using industry-leading protocols from Ethereum and Coinbase, decentralized applications (dApps) are secure, giving customers and developers confidence.
Base gains credibility by incorporating Coinbase, which contributes resources, technological expertise and a deep understanding of the cryptocurrency industry. Base can better meet market demand and future challenges and opportunities in the blockchain industry. Base’s growth and adoption is due to Coinbase integration, rapid fiat onboarding, and significant acquisition resources.
Base is known for its EVM compatibility, performance and minimal transaction costs. Base has one-tenth the cost of Ethereum. This speeds up and simplifies the user experience, eliminating the Ethereum gas bill problem.
Basic values of open source, transparency and collaboration. Developer-friendly policies and open source principles encourage a vibrant community of developers to contribute and create, expand and diversify the ecosystem.
Rango’s Cross-Chain Swap Tech increases basic visibility across multiple blockchains
Base’s rise to the blockchain market aligns with the growing importance of L2 solutions in increasing blockchain efficiency and scalability. However, strong interoperability solutions are needed that connect L2 platforms like Base with EVMs and non-EVM systems to maximize their capabilities. A single blockchain ecosystem requires interoperability.
With Rango’s cross-chain swap technology, Base can now connect to even more users, making it easier for everyone to access and use the platform. This activity improves the basics and shows the potential of layer 2 ecology. This represents an important step towards a more integrated and accessible blockchain environment for DeFi users, developers and producers.