Chainstack introduces Base support

Petar Stoykov

July 25, 2023 in Announcements

We at Chainstack are continuously in pursuit of ground-breaking solutions to bolster our platform and furnish our users with unmatched tools to deliver and govern their blockchain projects. This ongoing passion has led us on an exciting path to the latest addition to our ecosystem—Base.

As an Ethereum L2, Base bridges the gap between developers and users, setting the bar higher when it comes to security, adaptability, and scalability. By minimizing development costs and paving the way for cutting-edge Ethereum features, Base promises to usher in a new era for DApp creators and developers on Ethereum L1, Coinbase, and other interoperable chains. Let’s explore what makes Base a match made in Heaven for developers.

What is Base?

Base stands as a robust and secure Ethereum L2 solution, designed with a vision to usher the next billion users into the world of on-chain solutions. At its core, it is a comprehensive mix of security, stability, and scalability, specifically crafted to amplify the power of DApps.

Being constructed as an Ethereum L2, Base promises unrivaled potential, letting developers seamlessly deploy any EVM codebase. It facilitates a smooth onboarding process for users and assets from Ethereum L1, Coinbase, and other interoperable chains, thereby expanding the reach and adaptability of DApps.

Arguably one of its most striking features is its affordability. Base guarantees access to the EVM environment at a significantly reduced cost. Early access comes along with exclusive Ethereum features like account abstraction (ERC-4337). The platform also features intuitive developer APIs for gasless transactions and smart contract wallets, making it builder-friendly and cost-effective.

Building atop an Optimistic base

A noteworthy detail about Base is its underlying tech foundation. Powering it is Optimism’s open-source OP Stack. As the second Core Dev team working on the OP Stack, Base aims to ensure the stack remains a public utility available for all. Furthermore, it contributes a portion of sequencer revenue to fund public goods, reflecting its commitment to the larger blockchain ecosystem.

Arguably one of the standout features of Base is its strategic partnership with Coinbase. Through this alliance, Base enables seamless integration of decentralized apps with Coinbase’s products and distribution network. This provides easy access to fiat onramps and a massive asset base of $130B on the Coinbase platform.

But the promise of Base doesn’t stop with reduced costs and broader access. It also delivers Ethereum’s best features at a price that’s ten times cheaper. Developers don’t need to code changes as Base is EVM equivalent, which means all the tools, codes, and infrastructure work perfectly right out of the box. Harnessing the rollup architecture, Base reduces costs for users by an impressive 10x factor.

Building on Base

Base is not just a new addition to your Ethereum L2 solutions. It is a beacon of unique features, benefits, and advantages that redefine the landscape for developers and users alike.

The core objective of Base is to provide a scalable, versatile, and secure Ethereum L2 solution. It achieves this vision by strategically integrating the best aspects of Ethereum L1 and Coinbase—the security of Ethereum, the scalability of L2 solutions, the feature-rich environment of early Ethereum access, and the extensive reach of Coinbase’s distribution network.

The heart of Base beats with the ambitious goal of bringing the next billion users on-chain. It is a solution that lives up to the grandeur, stability, and scalability that this goal entails. With its low-cost environment, Base incentivizes developers to bring their DApps onboard, thus making Ethereum more accessible than ever.

Affordability, accessibility, and scalability, fused with powerful APIs

Base empowers developers with early access to Ethereum features like account abstraction (ERC-4337). Developer APIs crafted for gasless transactions and smart contract wallets are additional attractions that make Base a solution well worth considering.

With Base, you get the best aspects of Ethereum at a price that’s 10x cheaper than Ethereum. It doesn’t require any code changes because it is EVM equivalent, a feature that ensures all your tools, codes, and infrastructure work out of the box.

In essence, Base brings to the table a unique mix of affordability, accessibility, scalability, and extensive features. It allies with an established blockchain giant, advocates for public goods, and breathes life into the true potential of on-chain platforms. With Base at the helm, the future of on-chain development looks immensely bright. With this, we now move on to how this partnership between Chainstack and Base will change the game for our users.

Empowering accessible privacy-compliant development

The addition of Base to our suite of products is a significant milestone in Chainstack’s ongoing journey. With this partnership, we aim to redefine the value we deliver to our users through an exceptional blend of technological excellence, cost-effectiveness, scalability, and accessibility.

Base’s vision aligns seamlessly with Chainstack’s commitment to scale and secure on-chain platforms. Through this collaboration, we bring to our users the best features of Ethereum L2 solutions—a secure, scalable, and low-cost environment. With Base, our users now have an Ethereum equivalent platform that reduces costs by a whooping 10x factor.

The integration of Base opens a new chapter for Chainstack. We are now equipped more than ever to support our users with the right tools for rapid, cost-effective, and privacy-compliant DApp development. We eagerly look forward to the blockchain innovation this partnership will inspire.
Eugene Aseev, Founder and CTO, Chainstack

By bringing Base onboard, Chainstack enables developers to confidently deploy any EVM codebase. It further provides an easy on-ramping path for users and assets from Ethereum L1, Coinbase, and other interoperable chains. This heightened level of integration fuels our ability to support a wider range of requirements, thereby promoting enhanced decentralization in the blockchain world.

Feature highlights

Effective L2 solution: Base offers a robust, efficient, and secure environment for building dapps.
Security, stability, and scalability: This trifecta forms the foundational pillars of Base, ensuring a user-friendly and reliable platform for developers.
Cost-effective: Base makes Ethereum features accessible at a fraction of the cost, providing a major relief for developers. Its rollup architecture reduces costs by 10x for users.
Early access to Ethereum features: Developers using Base get early access to Ethereum features like Account Abstraction (ERC4337), making it an attractive platform for development.
Developer-friendly APIs: Base features intuitive developer APIs for gasless transactions and smart contract wallets, which add to its overall user experience.
Seamless integration: Base ensures smooth integration for developers, allowing them to deploy any EVM codebase and easily onboard users and assets from Ethereum L1, Coinbase, and other interoperable chains.
Powered by Optimism: Base is built on Optimism’s open-source OP Stack and contributes a portion of sequencer revenue to fund public initiatives.
Coinbase integration: Base comes with seamless Coinbase integrations, easy fiat onramps, and access to the $130B assets in the Coinbase ecosystem.
EVM-compatible: Base is EVM compatible, so all of your code, tools, and infrastructure work out of the box.

Bringing it all together

Through the introduction of Base, Chainstack embarks on a new chapter in its journey towards creating a diverse and inclusive blockchain landscape. Designed as an Ethereum L2 solution, Base brings to the fore a powerful blend of security, stability, and scalability. Its myriad of features offers a platform where developers can seamlessly integrate their DApps, onboard their users, and transition assets from Ethereum L1, Coinbase, and other interoperable chains, all at a fraction of the cost.

But the power of Base goes far beyond cost-effectiveness. Its underpinning by Optimism’s open-source OP Stack and its resultant contribution to funding public goods are testaments to Chainstack’s dedication to forging a future where blockchain expenditure is as beneficial to its users as to the broader blockchain ecosystem. With Coinbase integrations, seamless fiat onramps, and access to robust assets in the Coinbase ecosystem, Base is poised to be a game-changer for developers.

The integration of Base into the Chainstack ecosystem marks a significant milestone in our enduring mission to provide users with the best on-chain development tools. This latest advancement stands as a testament to our unwavering commitment to drive growth, innovation, and progression within the blockchain space.

As Base Protocol ushers in an era of more efficient, secure, and inclusive blockchain development, Chainstack continues to stand at the forefront, ready to tap into its potential and deliver value to our users.

At Chainstack, we are excited about this new beginning and we remain committed to our mission to empower developers and organizations with the most versatile and accessible blockchain infrastructure. As we refine, innovate, and refine again, the future of blockchain development looks brighter than ever.