Coinbase, one of the biggest cryptocurrency exchanges, took the market by surprise when they launched a test net of their recent project on the Ethereum blockchain. The dApp dubbed base is the latest addition to the optimism chain, and its recent launch has caused some uprisings, steering the OP price to another 6% high in the last week.
The Coinbase network intends to lure millions of cryptocurrency users to this base, which will host tons of new coinbase on-chain products. The network claimed that the aim of launching this new network is to provide their users, both old and new, with a decentralised system open to all. The testnet of the base began on February 23rd, and within that short frame, the OP token has gone on a rollercoaster of price increases.
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In addition, the Dogetti (DETI) meme coin also spurs some action from investors in the market. The meme coin started its presale some weeks back and had made some progress within the time frame, selling close to 5 billion tokens. The meme coin has almost reached its target for stage 1 presale and will soon proceed to its second presale stage.
Base Builds On Optimism - The Layer-2 Network For Ethereum
Optimism(OP) is a Layer 2 scaling solution for Ethereum, which aims to increase the transaction throughput and reduce the gas fees on the Ethereum network. It is one of the scaling solutions that help reduce the congestion on the Ethereum blockchain.
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Optimism uses a technology called Optimistic Rollups, which allows for the off-chain execution of transactions and computation while still ensuring the security and truthfulness of the Ethereum network. In a nutshell, Optimistic Rollups allow multiple transactions to be bundled together and processed off-chain, with only a single transaction representing the entire bundle being sent to the Ethereum network for settlement.
Optimism is compatible with existing Ethereum smart contracts and wallets, which makes it easy for developers to adopt and integrate into their existing dApps, by building on Optimism. The base will function in offering the coinbase community cryptocurrency solutions seamlessly. The base is the recent Coinbase product launched on the Optimism chain. It is a secure, affordable, and developer-friendly way for anybody, anywhere, to create decentralised applications, or "dapps."
The base is a dApp that coinbase aims to use in providing cryptocurrency services to their customers. Through Base, Coinbase intends to build cryptocurrency solutions and onboard billions of users into the crypto community. The platform will enable developers to create cryptocurrency products and solutions without scaling.
Dogetti - The Alpha Of Dog Memes
Dogetti (DETI) is an ERC-20 token looking to launch in the meme coin meta. Dogetti is a decentralised cryptocurrency and a community-driven platform with a decentralised governance model. Dogetti has no centralised ownership, like most decentralised applications, and it looks to maintain this model by providing equity and trust in its network.
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Dogetti will offer users countless opportunities to make profits ranging from its NFTs to Swapping and reward system, other DeFi solutions, and more. The reward system will work by giving token holders and participants rewards for their transactions. This could be a means of passive earning for users on the Dogetti network.
Dogetti began its presale recently and has performed well in the past weeks. Dogetti presale has sold close to 5 billion tokens, and its stage one presale is almost approaching an end. The presale is an opportunity to make good profits, allowing you to buy the tokens without spending much. Presale tokens are sold cheaply, and the same goes for DETI tokens. To join the network, click here and buy your DETI tokens at the best rate possible.
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For more information
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
