by aria-ratings.com
May 29, 2026 at 09:53
Coinbase's Ethereum Layer 2 Base Unveils Azul, Advancing Decentralization
Base has recently launched Azul on its mainnet, marking a significant step towards decentralization for Coinbase's Ethereum layer 2 solution.
This upgrade introduces a multiproof system that combines trusted execution environment proofs with zero-knowledge proofs, aimed at reducing centralization.
Both proof types can independently finalize a proposal, but when they align, withdrawal finality is expedited to as little as one day, enhancing efficiency.
Notably, permissionless ZK proofs can also override permissioned TEE proofs in case of discrepancies, thereby moving closer to censorship resistance.
Azul consolidates the network onto a single execution client and introduces base-consensus, the first independent upgrade executed by Base.
This new client stack has drastically reduced empty blocks by about 99%, improving throughput to handle up to 5,000 transactions per second.
Additionally, the upgrade includes the implementation of the CLZ opcode and aligns with Ethereum's Osaka execution-layer repricing, easing the transition for developers.
Base, now one of the most significant Ethereum scaling networks, has over $4.4 billion in total value locked and leads in USDC liquidity among optimistic rollups.
Looking ahead, two more upgrades are set for the second half of the year, focusing on performance and user experience enhancements, alongside native account abstraction.
As Base continues to evolve, it positions itself as a pivotal player in the Ethereum ecosystem.
The U.S. Commodity Futures Trading Commission (CFTC) has officially approved the launch of Bitcoin perpetual futures, marking a significant advancement in the U.S. crypto landscape. This decision allows firms ...
Crypto firm Ripple has officially requested the U.S. Securities and Exchange Commission (SEC) to provide guidance on the treatment of payment stablecoins and tokenized securities. This letter follows a meeting...
Grayscale is on the cusp of launching its Hyperliquid ETF, having recently filed a fourth update that reveals a substantial seed capital commitment of $113 million through 2 million HYPE tokens from Hyper Holdi...
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional Access
Chainlink (LINK) is currently trading at approximately $8.92, experiencing a recent 7-day decline of around 9.7%. Despite the downturn, the recent partnership with Mastercard aims to enhance adoption by provid...