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Home»Web3»Unstoppable Domains Expands Support for Base
Web3

Unstoppable Domains Expands Support for Base

September 5, 2024No Comments2 Mins Read
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Unstoppable Domains is thrilled to announce our expanded support for Base, an innovative Ethereum Layer 2 blockchain incubated by Coinbase, alongside already supporting Polygon, and Ethereum. This collaboration marks a significant 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, providing users with a fast, efficient, and cost-effective way to send and receive crypto while benefiting from the security of Ethereum and the high throughput of the Base network. This advancement empowers 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 mint select Top-Level Domains (TLDs) directly on Base. This initiative will expand the options for digital identity management, allowing users greater flexibility in managing their onchain presence. By leveraging 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 enhances scalability without compromising on security. By inheriting 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, facilitated by various bridge solutions, enhances the overall connectivity of the Web3 ecosystem. This means users and developers alike can enjoy a more interconnected, seamless experience across different platforms. The growing traction of Base is evident, 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  Crypto firms beefing up legal support amid regulatory crackdown

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 Journal, this steady increase in users showcases the trust and interest in Base as a robust platform for Ethereum-based transactions and applications.

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