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**Coinbase L2 Network Base Announces First Hard Fork for Improved Security**

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According to reports, the Coinbase L2 network Base stated on Twitter that the first hard fork will be conducted on the Base testing network, scheduled for 01:00 Beijing time on Apr

**Coinbase L2 Network Base Announces First Hard Fork for Improved Security**

According to reports, the Coinbase L2 network Base stated on Twitter that the first hard fork will be conducted on the Base testing network, scheduled for 01:00 Beijing time on April 28th. The Regolith hard fork is designed to make Base more secure and reliable. The upgrade follows the Optimism Regolith hard fork upgrade on March 17th, enabled through timestamp based configuration changes to the summary nodes and execution engine of the OP Stack.

The Coinbase L2 network will undergo its first hard fork on the Base testing network

**Introduction**

The high-profile Coinbase cryptocurrency exchange has been working on an off-chain scaling solution called the Coinbase L2 network Base, which aims to increase transaction speed while reducing fees. In a recent tweet, Coinbase L2 announced that the first hard fork for Base will take place on April 28th, 2021 at 01:00 Beijing time. This significant upgrade, known as the Regolith hard fork, is expected to enhance the network’s overall security and reliability.

**What Is the Coinbase L2 Network Base?**

The Coinbase L2 network Base is a layer-two scaling solution intended to provide faster and more cost-effective transactions for its users. It utilizes an off-chain protocol that aggregates transactions before submitting them to the main blockchain, reducing congestion on the network. Additionally, it enables smart contract functionality on top of the existing blockchain infrastructure, allowing developers to build decentralized applications (DApps) with ease.

**The Need for the Regolith Hard Fork**

While the Coinbase L2 network Base has been operational and providing an excellent user experience for its users, it has experienced security concerns that need to be addressed. The upcoming Regolith hard fork is designed to address these issues, making the network even more secure and reliable. The upgrade intends to strengthen Base’s overall performance and compatibility with different networks and increase its ability to resist attacks from malicious entities.

**Features of the Regolith Hard Fork**

The Regolith hard fork is a crucial milestone in the development of Coinbase L2 network Base. Here are some of the expected features of this upgrade:

1. Improved Security

The Regolith hard fork is set to provide an even higher level of security to the Coinbase L2 network Base. By introducing new security measures, Base hopes to eliminate the risk of malicious attacks and hacking attempts.

2. Enhanced Performance

The upgrade is expected to improve transaction speeds and overall network performance. This enhancement will contribute significantly to the user experience on the platform.

3. Reparability

With the implementation of the hard fork, Base will now be engineered to use a more advanced reparability mechanism. This means that the network will be able to recover rapidly in case of any failures, providing a more reliable service.

4. Smart Contracts

The Regolith hard fork is set to unlock new possibilities for developers on the Coinbase L2 network Base. Smart contracts will be fully supported, paving the way for the creation of innovative DApps.

**Conclusion**

The Coinbase L2 network Base has been a game-changer in the blockchain industry by providing off-chain scaling solutions to its users. However, the upcoming Regolith hard fork upgrade is expected to take the network’s security, reliability, and performance to the next level. With improved security features, a more extensive reparability mechanism, enhanced performance, and support for smart contracts, the Coinbase L2 network Base is undoubtedly set to become an even more powerful tool for cryptocurrency enthusiasts and developers alike.

**FAQs**

Q. What exactly is the Coinbase L2 network Base?

The Coinbase L2 network Base is an off-chain scaling solution aimed at increasing transaction speed and decreasing fees while providing smart contract functionality.

Q. What is the Regolith hard fork?

The Regolith hard fork is the first upgrade to the Coinbase L2 network Base that is designed to enhance the network’s security, reliability, performance and provide support for smart contracts.

Q. What are some of the features of the Regolith hard fork?

The Regolith hard fork is expected to introduce new security measures, improve network performance, deploy a more advanced reparability mechanism and support the development of smart contracts.

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