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Base Unveils 2024 Roadmap

Base Unveils 2024 Roadmap WikiBit 2024-01-10 16:49

Base Unveils 2024 Roadmap, Accelerating Decentralization and Implementing Comprehensive Fee Reductions

Layer2 network Base has unveiled its roadmap for 2024. Base aims to establish a global on-chain economy platform that fosters innovation, creativity, and freedom. The mission for 2024 is to build a global on-chain economic body comprised of three parts: the developer platform (Base as infrastructure), the application ecosystem (all applications built on Base), and the capital market (user and liquidity flows through applications, such as ETH and USDC).

The strategic focus for Base in 2024 revolves around four core pillars: achieving decentralization and scalability to onboard everyone to the chain, constructing a robust developer platform for anyone to build on-chain products, nurturing a vibrant application ecosystem to provide incentives for consumers, creators, and businesses to join the chain, and driving a deeper capital market to power the interconnected on-chain economy.

Base highlights that key development priorities for 2024 include accelerating decentralization while enhancing network availability, significantly reducing network fees, making smart wallets the default setting, simplifying deposits and withdrawals, and bringing existing and new users, assets, and products from Coinbase onto the chain.

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