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Coinbase Base Network’s First Hard Fork: The Optimism Regolith Upgrade

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According to reports, the Coinbase L2 network Base stated on Twitter that the first hard fork will be conducted on the Base testing network, scheduled for 01:00 Beijing time on Apr

Coinbase Base Networks First Hard Fork: The Optimism Regolith Upgrade

According to reports, the Coinbase L2 network Base stated on Twitter that the first hard fork will be conducted on the Base testing network, scheduled for 01:00 Beijing time on April 28th. The Regolith hard fork is designed to make Base more secure and reliable. The upgrade follows the Optimism Regolith hard fork upgrade on March 17th, enabled through timestamp based configuration changes to the summary nodes and execution engine of the OP Stack.

The Coinbase L2 network will undergo its first hard fork on the Base testing network

Coinbase’s L2 network, Base, has announced that it will conduct its first hard fork on the testing network. The hard fork, called Regolith, is scheduled for 01:00 Beijing time on April 28th. This upgrade is designed to enhance the reliability and security of the Base network. In March, the network underwent the Optimism Regolith hard fork upgrade, which involved making timestamp-based configuration changes to the summary nodes and execution engine of the OP Stack. In this article, we’ll explore the significance of the upcoming hard fork and the improvements it’s expected to bring to the Base network.

What is a Hard Fork?

A hard fork is a significant upgrade to a blockchain network that irreversibly changes its codebase, rendering the previous version incompatible. This creates two separate networks: one running the old code and the other running the new one. As a result, a hard fork can lead to the creation of a new digital currency or network that is distinct from its predecessor.

The Significance of the Hard Fork Upgrade

The upcoming Regolith hard fork for the Base network is designed to improve its security and reliability. The hard fork entails significant modifications to execution instructions and consensus rules. Among the critical changes in the upgrade is the adoption of additional security measures that fortify and safeguard the network against hacks and malicious attacks.
The existing Base network’s architecture could enable an attacker to manipulate the network’s consensus rules without being detected. However, the hard fork will implement the use of additional security layers that will make it more difficult for an attacker to manipulate the consensus rules. This is a critical improvement for the network since it enhances the possibility of trust in the network, which is essential for the adoption of the Base network in the future.

The Optimism Regolith Upgrade

The Optimism Regolith upgrade, which took place in March, was a follow-up to the Optimism Rollup upgrade. The upgrade facilitated timestamp-based configuration changes to the summary nodes and execution engine of the OP Stack. Its goal was to make the network more efficient by making it possible for nodes to summarise significantly more data than the previous version, enabling transaction finality within a shorter time.
The upgrade enabled the network’s throughput to increase by up to ten times, thus reducing transaction costs and increasing the network’s transactions per second. The adoption of the Optimism Regolith upgrade could lead to the network’s migration from Ethereum’s layer-1 to layer-2, significantly increasing Ethereum’s throughput by leveraging Optimism’s unique scaling features.

Conclusion

The upcoming Regolith hard fork for the Base network is one of the significant upgrades of the year, expected to strengthen the reliability, efficiency, and security of the network. The upgrade will provide additional security layers that fortify and safeguard the network against hacks and malicious attacks, which are essential for any blockchain network. As a result, this will increase trust in the Base network, which is fundamental to the adoption of the network in the future.

FAQs

Q1. Will the hard fork lead to the creation of a new digital currency?
A1. No, the hard fork is designed to improve the Base network’s security and reliability.
Q2. What was the goal of the Optimism Regolith upgrade?
A2. The Optimism Regolith upgrade was designed to make the Base network more efficient and increase the network’s throughput.
Q3. Will the adoption of the Optimism Regolith upgrade increase Ethereum’s throughput?
A3. Yes, the adoption of the upgrade could lead to the network’s migration from Ethereum’s layer-1 to layer-2, significantly increasing Ethereum’s throughput.

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