# Coinbase + OP = BASE

**URL:** <https://gov.optimism.io/t/coinbase-op-base/5329>\
**Category:** ✨ General\
**Created:** [February 23, 2023, 5:41pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329 "2023-02-23T17:41:59Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Ovetta](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/ovetta/32/799_2.png) [@Ovetta](https://gov.optimism.io/u/Ovetta)\
**Post date:** [February 23, 2023, 5:41pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/1 "2023-02-23T17:41:59Z")

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[https://www.coinbase.com/blog/introducing-base](https://www.coinbase.com/blog/introducing-base)

Coinbase is collaborating with Optimism to create something called Base? This is one of the most bullish things I’ve read lately! Can we get some more details about this partnership?

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**Author:** ![MinimalGravitas](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/minimalgravitas/32/155_2.png) [@MinimalGravitas](https://gov.optimism.io/u/MinimalGravitas)\
**Post date:** [February 23, 2023, 9:28pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/2 "2023-02-23T21:28:25Z")

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Sounds like it will be a contributor to the public goods fund.

> Add value to the Superchain: We will provide a percentage of the fees earned through transactions to the Optimism Collective to be a part of the Superchain, contributing back to funding the core public goods infrastructure of both the Superchain and the broader cryptoeconomy.

> **[Decentralizing Base with the OP Stack and Optimism](https://base.mirror.xyz/H_KPwV31M7OJT-THUnU7wYjOF16Sy7aWvaEr5cgHi8I)**
>
> Tl;DR We believe that decentralization is critical to an open cryptoeconomy. That’s why we will be deploying Base as the second L2 on the open-source OP Stack, following Optimism Mainnet, and joining as the second core developer of the OP Stack to...

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**Author:** ![Axel\_T](https://avatars.discourse-cdn.com/v4/letter/a/d2c977/32.png) [@Axel\_T](https://gov.optimism.io/u/Axel_T)\
**Post date:** [February 24, 2023, 4:37pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/3 "2023-02-24T16:37:40Z")

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I’m not tech expert, but I have heard mentioned that the Bedrock upgrade will allows other organisations to build their own L2s using the Optimism tech stack.

Why this is profitable to Optimism and the wider ecosystem is that Optimism will earns fees from these ‘add on’ L2s by them using the Optimism Sequencer. This is what @MinimalGravitas was mentioning, I think. The fees earned by the Sequencer (Coinbase using it) will in turn fund future OP Grants and Public Goods infrastructure.

So, if I’ve heard the news correctly, Coinbase will be building one of these ‘add on’ L2s. A Coinbase L2, Base, that’s built with Optimism tech stack.

As I’m not a tech expert, don’t quote me, ha! I’ve only read the news on the CryptoCompare Newsletter, and just got my Bedrock/OP Tech Stack/Sequencer info from a single YouTube video produced by @Michael

But overall, it does sound exciting, and I look forward to hearing more.

**EDIT:** After just reading it myself, have a look at the Mirror article linked by MinimalGravitas. And please replace my mentions of “OP tech stack” with ‘OP Stack’, which appears to be the official jargon.

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**Author:** ![rampiro](https://avatars.discourse-cdn.com/v4/letter/r/a3d4f5/32.png) [@rampiro](https://gov.optimism.io/u/rampiro)\
**Post date:** [February 24, 2023, 8:08pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/4 "2023-02-24T20:08:23Z")

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This is super interesting because only in the US the amount of users that will onboard decentralized infrastructures can make the whole adoption of crypto, massive.  
Also COINBASE is researching a lot in real world assets aka RWA so I can only see a good point of inflection for cryto massive adoption.

lets see how this benefits the optimism ecosystem

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**Author:** ![MinimalGravitas](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/minimalgravitas/32/155_2.png) [@MinimalGravitas](https://gov.optimism.io/u/MinimalGravitas)\
**Post date:** [February 24, 2023, 8:16pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/5 "2023-02-24T20:16:43Z")

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> lets see how this benefits the optimism ecosystem

If you’ve got an hour over the weekend then I think today’s Bankless interview with the Optimism founders is worth a listen: [https://www.youtube.com/watch?v=qk4JfDur9TY](https://www.youtube.com/watch?v=qk4JfDur9TY)

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**Author:** ![FractalVisions](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/fractalvisions/32/7590_2.png) [@FractalVisions](https://gov.optimism.io/u/FractalVisions)\
**Post date:** [February 24, 2023, 11:19pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/6 "2023-02-24T23:19:12Z")

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Here are resources on the OP Stack you may enjoy.

Base / Superchain Blog is live: [Optimism Goes m̶u̶l̶t̶i̶ Superchain — The Optimism Collective](https://optimism.mirror.xyz/2jk3D1Y8-hid8YOCUUa6yXmsyzNCYYyFJP0Nhaey9x0)  
Decentralization blog is live: [Optimism’s Path to Technical Decentralization](http://dev.optimism.io/decentralization-roadmap/)  
Technical Explainer is live: [Superchain Explainer | OP Stack Docs](https://stack.optimism.io/docs/understand/explainer/)  
OP Stack docs are live: [http://stack.optimism.io/](http://stack.optimism.io/)

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**Author:** ![linx](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/linx/32/3040_2.png) [@linx](https://gov.optimism.io/u/linx)\
**Post date:** [February 25, 2023, 11:24pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/7 "2023-02-25T23:24:20Z")

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Good news. Stay Optimistic! 😉

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**Author:** ![DonKatsu](https://avatars.discourse-cdn.com/v4/letter/d/d9b06d/32.png) [@DonKatsu](https://gov.optimism.io/u/DonKatsu)\
**Post date:** [February 26, 2023, 3:33am UTC](https://gov.optimism.io/t/coinbase-op-base/5329/8 "2023-02-26T03:33:43Z")

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Good news! Looking forward to see Superchain ecosystem in the near future!

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**Author:** ![Majin](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/majin/32/4156_2.png) [@Majin](https://gov.optimism.io/u/Majin)\
**Post date:** [February 26, 2023, 5:42pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/9 "2023-02-26T17:42:18Z")

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I think this is bigger news than some people realize. If even a small % of Coinbase’s existing user base migrates to Base, it could spark an onchain renaissance of sorts.

There’s probably only ~2 million active daily users across all chains. Much less across the L2 space, maybe ~100k. Coinbase has 110m verified users. If they can onboard even a tiny percentage of that user base, 2%, we’re looking at a 10x onchain user growth.

Hopefully EIP-4844 won’t take too much longer to lower fees and account abstraction can hide away wallets/address and devs can make ux a lot more simple/intuitive.

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**Author:** ![teaser](https://avatars.discourse-cdn.com/v4/letter/t/c68b51/32.png) [@teaser](https://gov.optimism.io/u/teaser)\
**Post date:** [February 26, 2023, 8:39pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/10 "2023-02-26T20:39:52Z")

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In the future, many more people will adopt optimism.  
Stay optimistic!

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**Author:** ![wee4844](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/wee4844/32/1978_2.png) [@wee4844](https://gov.optimism.io/u/wee4844)\
**Post date:** [February 27, 2023, 11:25am UTC](https://gov.optimism.io/t/coinbase-op-base/5329/11 "2023-02-27T11:25:50Z")

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Yeah I guess it is really good news for OP and the future of crypto.

But I don’t understand why they need there build there own L2 and dont just use the original?  
It is just too confusing for newbies…

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**Author:** ![FractalVisions](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/fractalvisions/32/7590_2.png) [@FractalVisions](https://gov.optimism.io/u/FractalVisions)\
**Post date:** [February 27, 2023, 3:07pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/12 "2023-02-27T15:07:22Z")

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It makes a lot of sense to us. We plan on building our own chain and have it become integrated with the super chain system as well.  
In five years this will be the new standard for interoperability.

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**Author:** ![Majin](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/majin/32/4156_2.png) [@Majin](https://gov.optimism.io/u/Majin)\
**Post date:** [February 27, 2023, 4:20pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/13 "2023-02-27T16:20:00Z")

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It won’t be confusing for newbies… Coinbase will hand hold them. They may have built their own L2, but they’ve built it upon the standardized OP Stack framework. In the not too distant future Optimism, Base, and every other OP chain will feel like one unified chain to the end user.

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**Author:** ![Pelon\_ES](https://avatars.discourse-cdn.com/v4/letter/p/bc8723/32.png) [@Pelon\_ES](https://gov.optimism.io/u/Pelon_ES)\
**Post date:** [February 28, 2023, 5:15pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/14 "2023-02-28T17:15:23Z")

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The future looks bright ahead for OP this is a great thing which def will bring more exposure to others & its beneficial long term. I cant wait for wat other things Optimism has but this is just the start, glad we can take part in it and contribute along as it grows n reaches new goals.

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**Author:** ![RealMischa](https://avatars.discourse-cdn.com/v4/letter/r/a5b964/32.png) [@RealMischa](https://gov.optimism.io/u/RealMischa)\
**Post date:** [March 1, 2023, 9:15pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/15 "2023-03-01T21:15:08Z")

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Big exposure for Optimism right here

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**Author:** ![djo](https://avatars.discourse-cdn.com/v4/letter/d/8c91f0/32.png) [@djo](https://gov.optimism.io/u/djo)\
**Post date:** [March 1, 2023, 10:36pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/16 "2023-03-01T22:36:41Z")

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it’s great news 🤩 very good info

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**Author:** ![Unikorn](https://avatars.discourse-cdn.com/v4/letter/u/cab0a1/32.png) [@Unikorn](https://gov.optimism.io/u/Unikorn)\
**Post date:** [March 2, 2023, 4:34am UTC](https://gov.optimism.io/t/coinbase-op-base/5329/17 "2023-03-02T04:34:59Z")

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Great news for Optimism and Ethereum ecosystem.

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**Author:** ![Limi](https://avatars.discourse-cdn.com/v4/letter/l/e495f1/32.png) [@Limi](https://gov.optimism.io/u/Limi)\
**Post date:** [March 2, 2023, 12:08pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/18 "2023-03-02T12:08:11Z")

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> [@Ovetta](#):
>
> Coinbase is collaborating with Optimism to create something called Base? This is one of the most bullish things I’ve read lately! Can we get some more details about this partnership?

Disturbed only by the moment that in the future may require identification for access, although over time I think everyone will come to this.

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**Author:** ![Ovetta](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/ovetta/32/799_2.png) [@Ovetta](https://gov.optimism.io/u/Ovetta)\
**Post date:** [March 2, 2023, 1:19pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/19 "2023-03-02T13:19:22Z")

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Agreed. I don’t believe that governmental regulators will abide anonymity/privacy in Crypto for long.

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**Author:** ![WEALTHFILES](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/wealthfiles/32/9644_2.png) [@WEALTHFILES](https://gov.optimism.io/u/WEALTHFILES)\
**Post date:** [March 2, 2023, 2:52pm UTC](https://gov.optimism.io/t/coinbase-op-base/5329/20 "2023-03-02T14:52:25Z")

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I’m pretty optimistic at this point 💙❤

[Next page](https://gov.optimism.io/t/coinbase-op-base/5329.md?page=2)
