CDS Crypto News 1 million Wallets Use Base Smart Contract in Testing Phase
Crypto News

1 million Wallets Use Base Smart Contract in Testing Phase

The core team confirmed that 1 million wallets use the Base smart contract during the testing phase.

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1 Million Wallets Use Base Smart Contract In Testing Phase

Over a million wallets started smart contracts on its test network during the Builder Quest, according to Base, a Layer 2 network being developed by Coinbase.

1 million Wallets Use Base Smart Contract in Testing Phase

The goal of this initiative was to find possible problems in the network—which is still a testnet—under high-stress scenarios. This increase in activity allowed the team to pinpoint crucial stress points in the infrastructure and architecture of the platform, which it is now actively addressing. While maintaining the overall system’s planned functionality, it nevertheless found it challenging to resolve these problems.

Base Block Gas Limit Increased

The network experienced a large increase in activity and a deluge of data-intensive transactions during this testing session. To counteract the significant spike in base fees, developers raised the Base block gas limit, allowing for more transactions per block.

However, after making this adjustment, the team ran into difficulties while attempting to safely redeliver batches of cryptographic proofs of its network blocks to Ethereum’s Goerli testnet, which in this case acts as the Layer 1 (L1) chain.

After the implementation of this [doubling gas limit] adjustment, we faced issues due to larger L2 blocks when trying to batch blocks back to the Goerli L1.

The Base Team

Developers Made Two Optimizations

The core team of Base has implemented two optimizations in an effort to stabilize the system following a significant increase in activity. The core team said that it first improved data compression in order to make better use of “L1 transaction call data.”

Moreover, the team changed its system such that more than one batch of transactions may be submitted for each L1 block instead of just one. They claimed that these adjustments could take care of the previously noted technical problems.

About Base

Base is created to function as a rollup network, much like Optimism. It is built on the OP Stack, the development software stack used by Optimism. It intends to carry out off-chain operations on a secondary layer to enable quicker, less expensive transactions while preserving the mainnet’s security advantages.

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lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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