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Base fixes transaction delays after configuration error, plans network upgrades

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  • Base resolves transaction delays, plans key upgrades for stability.
  • Coinbase’s Base network tackles disruptions, improves transaction pipeline efficiency.
  • Base secures dominance in Layer-2, working on future enhancements.

Base, the Ethereum Layer-2 network launched by Coinbase, recently resolved issues surrounding slow and missing transactions that affected its users. According to a post from the network on X, the problem was traced to a configuration error related to transaction propagation. This error caused block builders to repeatedly fetch transactions that could not be executed due to quickly rising base fees. Although transactions were delayed and some were dropped, the network continued to operate without a full outage, with blocks still being produced.


The issue, which caused significant disruptions over the weekend, has now been fixed. Base’s team swiftly identified the root cause and mitigated the problem by rolling back the change that caused the issue. After this fix, the network’s stability was restored, and transactions began processing without further delays.


Also Read: ‘XRP Narrative Is Looking Stronger’ as Ethereum Founder Admits Sad Reality: Analyst


Network Improvements in the Works

To prevent similar disruptions in the future, Base has announced several planned improvements. These upgrades include streamlining the transaction pipeline, optimizing the mempool queue for pending transactions, and enhancing monitoring during infrastructure rollouts. The team has stated that these upgrades will take approximately one month to fully implement, aiming to increase the network’s reliability and ensure smoother operations.


Base has solidified its position as a leader in the Ethereum Layer-2 ecosystem, with a total value locked (TVL) of around $4.2 billion, accounting for nearly 50% of the market share. This makes Base the dominant player in the space, with Arbitrum, the second-largest network, holding just 27% of the market.


Base’s Growing Role in Coinbase’s Future

Coinbase continues to focus on Base as a core part of its long-term strategy, positioning the network as a crucial element of its expanding ecosystem. With the company looking to broaden its reach beyond crypto trading, Base is set to serve as a central platform for Coinbase’s move into stablecoins, on-chain services, prediction markets, and even traditional financial products. As Base evolves, it remains a key part of Coinbase’s efforts to create a comprehensive “super app” that integrates various financial tools.


With the improvements underway and its expanding influence, Base is expected to continue playing a vital role in the future of both the Ethereum ecosystem and Coinbase’s broader ambitions.


Also Read: Legal Expert Criticizes SEC’s Ripple Lawsuit, Claims It Should Never Have Happened


The post Base fixes transaction delays after configuration error, plans network upgrades appeared first on 36Crypto.

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