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Home»Web 3»Unstoppable Domains extends support for Base
Web 3

Unstoppable Domains extends support for Base

2024-09-05No Comments2 Mins Read
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Unstoppable Domains is pleased to announce our expanded support for Base, an innovative Ethereum Layer 2 blockchain incubated by Coinbase, in addition to the already supporting Polygon and Ethereum. This collaboration marks an important step forward in our mission to make Web3 more accessible and expand onchain domain ecosystems, further bridging the gap between blockchain technology and everyday users.

With this new integration, the Unstoppable Lite Wallet now seamlessly supports Base, giving users a fast, efficient, and cost-effective way to send and receive crypto while taking advantage of the security of Ethereum and the high throughput of the Base network. These advancements allow users to enjoy a more streamlined experience in the Web3 ecosystem, combining speed, affordability and security.

Looking to the future, Unstoppable Domains is excited to announce plans to launch select Top-Level Domains (TLDs) directly on Base. This initiative will expand digital identity management options, giving users more flexibility in managing their onchain presence. By harnessing Base’s potential for complex Web3 operations, we are paving the way for a new era of digital identity and ownership.

Base is built using Optimistic Rollup technology, a solution that improves scalability without sacrificing security. By adopting Ethereum’s security model, Base ensures that transactions are both secure and efficient. As a fully EVM-equivalent blockchain, Base allows developers to easily port existing Ethereum applications, enabling a wide range of use cases including DeFi, NFTs, social platforms and gaming.

Base’s interoperability with other blockchains, enabled by various bridge solutions, improves the overall connectivity of the Web3 ecosystem. This means that both users and developers can enjoy a more interconnected, seamless experience across platforms. Base’s growing popularity is clearly visible, with a peak of 4.43 million transactions recorded on July 27, 2024. This milestone reflects its adoption as a scalable, cost-effective solution for Ethereum transactions.

See also  Ethereum Price Extends Losses: Will the Downtrend Continue?

Base’s user base has also seen remarkable growth. Since the end of March 2024, daily active users have consistently remained above 350,000, demonstrating strong ecosystem adoption and a vibrant community. According to the Bitcoin Market JournalThis steady increase in users shows the confidence and interest in Base as a robust platform for Ethereum-based transactions and applications.

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