Coinbase’s Base Network Achieves ‘Stage 1’ Status, Reducing Centralization Risk

Base, the popular layer-2 network from cryptocurrency exchange Coinbase (COIN), is now a “stage 1” rollup, said the company, setting up its path towards full decentralization.The transition to a “stage 1” rollup comes as other layer-2s have also reached that milestone, making these networks less reliant on centralized entities.The move means that Base will now have a security council, a network of ten “independent entities, which we chose from all around the globe,” said Tom Vieira, the head of product at Base, in an interview with CoinDesk. “These are folks from the Base ecosystem and from the broader Ethereum ecosystem,” who will help approve certain network upgrades if needed, Vieira added source: https://www.coindesk.com/tech/2025/04/29/coinbases-base-network-achieves-stage-1-status-reducing-centralization-risk