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Base is proceeding with our plans to ship EIP-8130 in an upgrade later this year. As a reminder, this will unlock features many users and developers have been excited about like:
- Batch transactions
- Gas abstraction
- Multiple (performant) key types
- Key rotation
- Path to post-quantum safety
Most importantly, EIP-8130 is ready to be implemented today! It’s simple and gives accounts that are portable across chains. Over the last few weeks, we’ve worked closely with EthLabs to explore how we can bring 8130 and 8141 together. We made major progress by identifying a few options for expressing Keystore accounts on Frames while maintaining performance benefits. This gives us confidence that implementing 8130 is not a one-way door and does not block us from enabling 8141 in the future.
At the same time, there are also significant challenges with 8141 as it’s written today:
- The generality of Frames, including arbitrary account-defined authentication and two-dimensional gas accounting, comes at the cost of simplicity for chain operators.
- This complexity extends to tooling. In 8130, authentication and fee payment are explicit transaction fields with clear defaults, whereas in 8141 they must be composed as frame prefixes, which is harder to implement and reason about.
- And most importantly, optimistically it’s at least a year out.
We’re grateful for the collaboration with EthLabs and other stakeholders. Because of those discussions, we now have confidence we can ship EIP-8130 without it being a one-way door for Base or any other chains that ship it, with a path to adding in support for 8141 in the future as it makes sense.
We believe EIP-8130 is the best path forward, one that delivers cross-chain compatibility without compromising on performance. We’re excited to deliver these features to users and developers later this year, and would love to talk to other chain operators who are looking to do the same.
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Base is rolling out Validity Transactions in the upcoming Cobalt upgrade (est. end of month).
In short, these are transactions (EIP-2930 or EIP-1559) that execute only when specific onchain conditions are met, thus enabling conditional transaction flows.
Check out the demo: chain.base.org/vibenet/demos…
Check out the specs: docs.base.org/specifications…
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Jon Roethke retweeted
Tokenized stocks are going to be a major opportunity for Aave, expanding Aave’s collateral base and user base to serve traditional assets.
Great to see Aave leading the way with Coinbase Tokenized Stocks.
Coinbase Tokenized Stocks, coming soon to Aave V4 on @base.
Only available in eligible geos ex U.S.
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Historic moment for @base and for global finance
why are tokenized stocks on @base a big deal?
- written on my walk to work this am -
over the last 3 years, we've built an incredible amount of powerful financial infrastructure. trillions of dollars of stablecoins like @USDC moved. hundreds of billions traded via venues like @aerodrome and @uniswap. billions of dollars of borrowing and lending via protocols like @Morpho and @aave. it's honestly kind of mind bending: things that used to take days (or months!), require countless human processes, and cost thousands of dollars now can be done instantly, 24/7/365, globally, and basically for free. this infrastructure is insanely powerful and getting moreso by the day.
and we've done all this with basically only crypto native assets. these assets are incredible: digital gold like BTC, oil like ETH, protocol tokens, memecoins, and so many more make up trillions of dollars of value. but at the same time, they are still a very small part of the global financial system.
with the entrance of stocks, we can now apply that same infrastructure to the largest and most important asset class in the world. this will bring in trillions of dollars more of value to build with. and also give a direct comparison to show how much better we can do than the legacy system. 24/7 trading. instant loans against your stocks. yield generation. and all of it available to everyone in the world, not just a select few.
this is an inflection point. we can now just outright build better products than legacy finance, with the same assets. and we can make them available to billions of people around the world who've never had a chance before.
and there's no better place for it to happen than @base. we have an EVM environment that is fast, trusted, and increasingly special purpose for finance - trading, borrow/lend, and payments. and we have the world's best builders making the applications on top that make this all possible.
time to build.
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Introducing chain.base.org: a new home for @base builders and node operators.
Helpful resources in one place:
1. Vibenet: an ephemeral devnet for beta testing features ahead of mainnet
2. Upgrades: track expected fork timelines and what will ship in each
3. Snapshots: reth v2 snapshots for faster node sync
More coming soon
Base Chain information used to be scattered.
Now it lives under one roof: chain.base.org
Here's what's live on the new site. 🧵
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Jon Roethke retweeted
@base v2 snapshots are live 🔵
- mainnet snapshots shrank from ~7TB → ~3.2TB due to a new chunked, better-compressed schema
- sync times cut from ~5hr → ~2hr
- pruned nodes land ~1TB
if you run a base node, migrate before the mid-august MDBX hard limit deadline - github.com/base/node/release…
credit: @wlaw_ @0xBoneyBoi 🙏
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Jon Roethke retweeted
Building on @base and applying to @ycombinator - drop a line with what you’re building.
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Jon Roethke retweeted
Native account abstraction is coming to @base and heres the break down! Let me know your questions below!
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The Base Ecosystem Fund is funding founders building global finance onchain. A few areas we're excited about:
• Tokenised assets and yield
• Stablecoins for emerging markets
• Onchain credit
• Prediction markets
• 24/7 FX and institutional markets
• Agentic commerce
And plenty we haven't imagined yet. Applications are open.
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Jon Roethke retweeted
Base is for quality assets, serious teams. When we TGE’ed, it took us a month to set up audited contracts with multisig wallets. Now with o1.exchange launchpad, it takes a few mins to launch a venture-backed token.
Single-sided Uniswap v4 launches with permanently locked liquidity, and tokens born admin-less: no mint, no pause, no seize.
What B20 makes possible:
- Tokens minted through the B20 precompile factory, fully set up in one tx
- On-chain referrals with a referral fee share on every trade
- Trade comments emitted on-chain — a native super-chat feed per token
- Verifiable creator announcements, no token role required
- Socials and metadata stored on-chain in the token itself
- Team allocations minted at creation with on-chain staircase vesting
- Vanity token addresses on the fixed 0xB20f prefix
- Anti-snipe fair-launch window: fees decay from 99% to 1%.
- Gasless approvals via native permit
- Simple burns, no rebase games
Introducing b20.o1.exchange launchpad— the 1st launchpad built natively on the B20 token standard on Base
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Useful for devs working with onchain B20 data
As of today, the @base B20 token standard is live 🟦
The @CoinbaseDev SQL API lets you query new B20 tokens, transfers, memos, etc - all decoded and ready, no indexer required 👇
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The ActivationRegistry has officially been enabled marking B20s as live on @base mainnet
Follow this guide to launch your B20: docs.base.org/get-started/la…
Most tokens are smart contracts deployed on top of a chain.
B20 tokens are native to Base - built directly into the protocol.
The B20 Native Token Standard explained 🧵
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Jon Roethke retweeted
Activating B20 in 15 minutes at 22:00 UTC
Systems are 🟩 and we can't wait for the first B20s on Base 🟦
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B20 activation will resume once Github services have recovered. Thanks for the patience
us.githubstatus.com/posts/da…
GitHub is experiencing degradation today. Out of an abundance of caution, we're discussing whether to delay B20 activation. Safety first.
us.githubstatus.com/posts/de…
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