Building On Coinbase Layer 2 Network: Winners of “Build on Base” 15000 USD DC Bounty
On March 21st, Coinbase Layer 2 Network Base announced the winner of the \”Build on Base\” 15000 USD DC bounty from ETH Driver BUIDLathon, including Decent AI, Rhinestone, and Inheri
On March 21st, Coinbase Layer 2 Network Base announced the winner of the “Build on Base” 15000 USD DC bounty from ETH Driver BUIDLathon, including Decent AI, Rhinestone, and Inheritable.
Base announces “Build on Base” bounty winners as Percent AI, Rhinestone, and Inheritable
The Coinbase Layer 2 Network is a blockchain platform that allows users to transact with cryptocurrencies in a faster and cheaper way. On March 21st, the network’s “Build on Base” 15000 USD DC bounty awarded three innovative projects: Decent AI, Rhinestone, and Inheritable.
What is Coinbase L2 Network and Build on Base?
Before we dive into the winners of the Build on Base bounty, let’s understand what Coinbase L2 Network and Build on Base are. The Coinbase L2 Network is a layer-2 solution that allows for faster and cheaper transactions compared to Layer 1 blockchains like Ethereum. The network is based on the Plasma architecture, which enables it to achieve high throughput while minimizing costs.
On the other hand, Build on Base is a developer-focused program that encourages developers to build on the Coinbase L2 Network by providing incentives like bounties and grants. The Build on Base program aims to expand the network’s capabilities and use cases by attracting new developers and innovative projects.
Decent AI
Decent AI is a platform that allows users to monetize their data while preserving their privacy. The platform uses zero-knowledge proofs to enable users to share data with third-party companies without revealing any sensitive information. Decent AI leverages the speed and cost-effectiveness of the Coinbase L2 Network to enable fast and secure transactions for data monetization.
Rhinestone
Rhinestone is a decentralized marketplace that connects artists with collectors. The platform allows artists to showcase their artworks and earn royalties every time their art is sold. Rhinestone uses the Coinbase L2 Network to enable fast and cheap transactions while ensuring the security and transparency of the marketplace.
Inheritable
Inheritable is a platform that simplifies the inheritance process by leveraging smart contracts. The platform allows users to create customized inheritance plans that can be executed automatically after the user’s death. Inheritable uses the Coinbase L2 Network to enable secure and tamper-resistant transactions while ensuring the privacy and confidentiality of the user’s inheritance plan.
Conclusion
The Build on Base bounty winners showcase the potential of the Coinbase L2 Network to enable innovative solutions in various industries. Decent AI, Rhinestone, and Inheritable demonstrate how the network’s speed, cost-effectiveness, and security can be leveraged to solve real-world problems.
FAQs
1. What is the Coinbase L2 Network?
– The Coinbase L2 Network is a layer-2 blockchain solution that enables faster and cheaper transactions.
2. What is Build on Base?
– Build on Base is a developer-focused program that encourages developers to build on the Coinbase L2 Network by providing incentives like bounties and grants.
3. Who were the winners of the Build on Base bounty?
– The winners of the Build on Base bounty were Decent AI, Rhinestone, and Inheritable.
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