The launch of coinbase 's layer 2 blockchain, Base, had a rocky start as users struggled to execute transactions on the network. LizKNapolitano reports
The new Ethereum-focused protocol forms an integral part of Coinbase's strategy to steer its business into the developer space – especially critical after a slowdown in its exchange traffic andBut, just hours after Base's debut, the network was already experiencing problems, and users flooded social media to complain about the network's functionality.
The testnet's operational glitches were caused by an issue with Coinbase's wallets, which incorrectly estimated the amount of gas, or fees, required to execute users' transactions, according to Coinbase. "The bridge contracts bump up gas usage under load, which wallets weren't properly estimating," Coinbase software engineer Roberto BayardoA sudden rush of users may have overwhelmed the protocol and also been to blame for issues during the testnet's launch day, according to Bayardo.
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