Base adjusts transaction delays after configuration errors, maintaining L2 leadership
Coinbase's Ethereum Layer-2 network base recently experienced slow or lost transactions caused by a fixed configuration error.
Over the weekend, base users experienced higher transaction latency and delays to include transactions onchain. Despite the slowdown, blocks have been processed and the network remains operational, indicating that the incident did not cause a complete outage.
In X's post on Wednesday, Basse explained that the change in transaction distribution has caused the block developer to frequently generate unenforceable transactions due to rapidly increasing base fees.
“By rolling back the change, we mitigated the problem and ensured network stability was restored,” he said.
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Update base plans to prevent future delays.
The team announced that it is working on long-term fixes to prevent similar problems in the future.
Proposed improvements include streamlining the transaction pipeline, reducing unnecessary overhead, adjusting how the Mempool queue handles pending transactions, and strengthening monitoring during infrastructure deployments. The work is expected to take about a month.
Base is the leader among Ethereum layer-2 networks in Total Value Locked (TVL). About $4.2 billion is held in TVL, which on Wednesday accounted for 47.6% of Ethereum L2, according to data from Defillama.
Arbitrum (ARB) now controls 27% of the layer-2 market, ranking second behind Basse, while all other networks are limited to single-digit shares.
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Base emerges as central to Coinbase's super-app strategy.
As Cointelegraph reports, Coinbase is expanding beyond crypto trading and doubling down on stablecoins and its Base network as it builds into an “everything exchange,” which combines crypto trading with stocks, prediction markets and other financial products.
Expansion Areas Base as a key distribution layer for Coinbase's onchain activity, serving the growing infrastructure from pure crypto services to always-on trading, payments and real-world financial utilities.
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