Key Notes

Vitalik Buterin backed Coinbase’s Base L2, calling it a model for Ethereum scaling.

He emphasized that Base is non-custodial and users remain in control of their funds.

Coinbase’s legal team rejects claims that L2 sequencers should be treated as exchanges.

Ethereum ETH $4 209 24h volatility: 0.1% Market cap: $508.14 B Vol. 24h: $32.68 B co-founder Vitalik Buterin has expressed strong support for Coinbase’s Layer-2 network, Base, calling it a model for how L2 platforms should evolve.

Amid concerns around centralization and whether L2 sequencers are similar to exchanges, Buterin argued that Base maintains decentralization while enhancing user experience.

Base is doing things the right way: an L2 on top of Ethereum, that uses its centralized featu

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