{"id":145127,"date":"2023-06-30T06:51:47","date_gmt":"2023-06-30T06:51:47","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=145127"},"modified":"2023-06-30T11:08:47","modified_gmt":"2023-06-30T11:08:47","slug":"base-is-now-a-step-away-from-mainnet-launch","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/base-is-now-a-step-away-from-mainnet-launch\/","title":{"rendered":"Base is now a Step Away from Mainnet Launch"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As per the recent development,<strong> Base is left with a single criterion to satisfy before being prepped for <a href=\"https:\/\/base.mirror.xyz\/gxOzGCE-9C7cNZBCo4Ubkkxr87L8BcHDfn5HViSdYGg\" target=\"_blank\" rel=\"noopener\">mainnet launch<\/a><\/strong>. On June 29, the team responsible for the development stated that the Optimism-powered and Ethereum-secured platform went through <strong>extensive internal and external audits<\/strong> over the course of approximately six months. <strong>The conduction of the audits resulted in the satisfaction of four out of the original five criteria.<\/strong> <\/span><\/p>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">P.S. In case you\u2019re keeping track, with the completion of these audits, we\u2019ve now fulfilled \u2158 of our criteria for mainnet launch\u2026<a href=\"https:\/\/t.co\/eRarQ4R7zG\" target=\"_blank\">https:\/\/t.co\/eRarQ4R7zG<\/a> <a href=\"https:\/\/t.co\/9o3vNidNtE\" target=\"_blank\">https:\/\/t.co\/9o3vNidNtE<\/a><\/p>\n<p>&mdash; Base \ud83d\udee1\ufe0f (@BuildOnBase) <a href=\"https:\/\/twitter.com\/BuildOnBase\/status\/1674543151388966912?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">June 29, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The team expressed a sigh of relief when it was concluded that Base did not experience any critical bugs. The team stated: <\/span><\/p>\n<p style=\"text-align: center;\"><em><span style=\"font-weight: 400;\">&#8220;Completing these in-depth security workstreams without discovering critical severity bugs gave the Base team confidence to proceed towards mainnet launch.&#8221;<\/span><\/em><\/p>\n<h2 style=\"text-align: left;\">Criteria Passed By Base<\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The other three criteria previously passed by the platform include a Regolith hard fork in testnet, a successful review of the infrastructure with OP labs, and Optimism&#8217;s Bedrock upgrade. <strong><a href=\"https:\/\/crypto-economy.com\/coinbase-review\/\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a> launched Base back in February this year to offer a secure, cost-efficient, and developer-friendly environment for the development of decentralized applications.<\/strong> To ideally test Optimism\u2019s tech stack, the protocol security team at <strong><a href=\"https:\/\/crypto-economy.com\/coinbase-hits-back-files-motion-against-sec-to-dismiss-lawsuit\/\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a><\/strong> conducted its own internal audit to identify possible vulnerabilities that might emerge on layer 1, layer 2, and on the bridges.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-145132 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2023\/06\/Coinbase-1-1.jpg\" alt=\"Criteria Passed By Base\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/06\/Coinbase-1-1.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/06\/Coinbase-1-1-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/06\/Coinbase-1-1-768x279.jpg 768w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/06\/Coinbase-1-1-18x7.jpg 18w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Despite the exchange&#8217;s involvement in conducting the internal audit, the platform also welcomed the broader community to participate in the audit test in an effort to report any potential bugs. However, <strong>a total of 100 researchers participated in the audit, and no bugs were reported<\/strong>. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The audits investigated by these researchers included Optimism\u2019s node software, the EVM equivalence vulnerabilities, bridge vulnerabilities, as well as other smart contract issues. <strong>These community audits ran from May 27 to June 10, and sums of almost $100,000 were handed out to successful bounty hunters.\u00a0\u00a0<\/strong><\/span><\/p>\n<h2 style=\"text-align: left;\"><span style=\"font-weight: 400;\">Base is Now Required to Pass the Final Criteria<\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As per the statement issued by the platform, <strong>demonstrating testnet stability is the final criterion the platform needs to satisfy<\/strong>. Currently, the fulfillment of the final criteria is a topic shrouded in mystery, but the team did mention that they are still reviewing the submissions of the 100 researchers that participated in the previously conducted audits.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Base mentioned that they have built <strong>Pessimism, an open-source monitoring tool that is bound to alert developers of possible anomalies that may arise in the protocol<\/strong>. Such anomalies include account balance irregularities, contract events, disparities between layer 1 and layer 2 states, and much more.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per the recent development, Base is left with a single criterion to satisfy before being prepped for mainnet launch. On June 29, the team responsible for the development stated that the Optimism-powered and Ethereum-secured platform went through extensive internal and external audits over the course of approximately six months. The conduction of the audits &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Base is now a Step Away from Mainnet Launch\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/base-is-now-a-step-away-from-mainnet-launch\/#more-145127\" aria-label=\"More on Base is now a Step Away from Mainnet Launch\">Read more<\/a><\/p>\n","protected":false},"author":22,"featured_media":145131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[9521,4642,5536],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/145127"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=145127"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/145127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/145131"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=145127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=145127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=145127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}