Base Tech allows financial markets to operate without blockchain’s current limits by enabling cheaper, faster transactions, with free of native gas tokens.
The Base Smart contract platforms on Bitcoin's layer 2 prioritize security measures to mitigate risks and vulnerabilities associated with decentralized applications and financial transactions.
Less barriers to run a node helps achieve true decentralization. Further, the built-in DEX allows direct P2P transfers without the risk of censorship or interference.
The Base wallet allows you to store tokens securely on desktop and mobile. Access your funds from a hardware wallet, or via private keys, anytime and from anywhere with Base.
Two-way pegging allows cryptocurrencies from various blockchains to interact on a single protocol. With inherited Bitcoin functionalities, Base Tech offers higher throughput and lower costs for all transactions.
Base BigBang: Merging Ethereum's Smart Contracts with Bitcoin. Base BigBang brings smart contract capabilities to Bitcoin, merging the benefits of Ethereum's smart contracts with the security and stability of the Bitcoin network.
Base is a Bitcoin Layer2 that brings smart contract functionality to Bitcoin, without modifying Bitcoin itself. Base enables the fast, confidential settlement and issuance of digital assets on top of the Bitcoin timechain.
Base facilitates executing complex transactions and decentralized applications on Bitcoin's layer 2, expanding the network's capabilities.
Base BigBang merges Ethereum's Smart Contracts with Bitcoin
A Bitcoin layer-2 solution enables the fast, confidential settlement and issuance of digital assets, such as stablecoins, security tokens, and other financial instruments.
— That is Base Tech!
Bigbang code is interpreted and committed to the chain exactly as written. With Bigbang you know for sure that given any input, the program will halt in a finite number of steps. Bigbang's design considers reentrancy an anti-feature and disallows it on the language level.
Bigbang is a decidable smart contract language that optimizes for predictability and security, designed for the Base blockchain. Smart contracts allow developers to encode essential business logic on a blockchain.
The mission of the Base Tech project is to enable a better internet through decentralized apps. To do it, we’re expanding the Bitcoin economy and enabling more functionality as a Bitcoin layer.
Staking Base token holders can participate in the blocksigner auction to stake tokens and become a weekly blocksigner. Run a node and collect transaction fees from the blocks you sign, by validating financial activity.
In the previous section and we took a look at the vision. We talked a lot about it being connected to Bitcoin and how it enables expanding functionality without modifying Bitcoin itself.
Layer 2 solutions focus on enhancing interoperability and integration with existing blockchain ecosystems, fostering seamless interaction and value transfer.
The evolving regulatory landscape for smart contracts on Bitcoin's layer 2 presents opportunities and challenges for market expansion and institutional adoption.
Developers can create custom cryptocurrencies with unique features and functionalities, expanding the diversity of digital assets on the Base Bitcoin Layer2 network.
Base BigBang facilitates the development of decentralized applications, enabling Bitcoin users to engage in DeFi, NFTs, and other innovative use cases.
The function is an ideal way to have anonymous conversations, negotiate purchases, and make transactions, allowing a direct approach to a subject whose nationality, name, or even face is unknown to you.
🎉 Exciting Partnership Announcement 🚀
@BaseTech_Lab
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@Playahhapp
We're thrilled to share the news of our new partnership with Playahh to elevate technology solutions. Together, we aim to push boundaries and redefine what's possible. Stay tuned for groundbreaking
Smart Contract Wallet (SCW) is one of the two wallet forms currently supported by Ethernet, while the other one is the EOA wallet (e.g Metamask) commonly used by the public. Smart contract wallet accounts are controlled by their code.
Importantly, smart contract wallets can be compiled for exactly the same experience as EOA (e.g. only one signing key, non-upgradable), but not vice versa.
Data Security
Base is committed to data security, and our wallet to wallet chat service is designed with user privacy and data storage in mind, with information stored via a global hosting provider with servers spanning multiple regions.
In such cases, there may be no way to contact the NFT owner, but Base Wallet-to-Wallet Chat makes it possible to chat freely with the owner as long as you have their address.
Base Wallet to wallet Chat using the address of an Ethereum wallet.
Own the interchain social data in the decentralized storage!
The users own their social data stored in IPFS during and after the interchain communication.
Lastly, when a publication is collected for the first time, a CollectNFT contract unique to that post will be implemented (again via a minimal proxy clone); this is the ERC721 NFT contract that represents collected publications.
The BaseHub upgradeable contract is the core entry point for most interactions in the Base Protocol. Almost all interactions start and double as ERC721 NFT contracts and act as a contract for the profile NFT created when the profile was created.
What is Base?
Base is a web3.0 platform with smart contract wallet, that helps create a DAO community and allows users to easily and instantly message each other between wallets.
Wallet to Wallet Chat
Smart Wallet Inside!
Keep your assets in the safest place. The users own their digital assets. Nobody including the project can take over their assets in Base Smart Contract Wallet.
The Base Protocol has three layers of tokenization via ERC721 NFT. All three are ERC721 compliant and fully composable.
The BaseHub upgradeable contract is the core entry point for most interactions in the Base Protocol. Almost all interactions start and double as ERC721 NFT.
1. Publish to the profile.
Publication types are Post, Comment, Quote.
A comment is the standard content with a pointer to another publication. Since the annotation contains a pointer, the "reference module" logic (if any) pointing to that version is executed.
As Etherscan can verify the NFT holdings in the wallet, and both parties may help in reducing fees and other costs associated with NFT platforms such as OpenSea. Messages can also be embedded in the ethereum transaction and delivered with words to the exchange.
At Base Tech,Our open source, secure, and scalable Base Tech systems enable users to send and receive money more efficiently than ever before. We also offer a series of verifiable, non-custodial financial services.
Base Protocol is able to provide unrivaled security because it's built on smart contracts. This means we can add the security features you'd expect from a great bank (such as automatically blocking fraudulent transfers) without being a custodian.
2. Configure the "Follow Module" of the profile
This logic whitelist contract determines the logic that should be executed when a wallet attempts to follow a specific profile; For example, some followers may charge the profile owner a fee through a fee-following module contract.
Every block on Base Tech anchors to a block on Bitcoin. Using the timespace of Bitcoin, each Base Tech round lasts 1008 Bitcoin blocks, or a week. This frees Base Tech from the dependency on external sources in time validation, solving PoS-based blockchain problems.
The mission of the Base Tech project is to enable a better internet through decentralized apps. To do it, we’re expanding the Bitcoin economy and enabling more functionality as a Bitcoin layer.
Store your assets, lend, borrow, and trade on a single network, with a wallet that gathers everything in your hands without giving away private keys. Enjoy better reliability and predictability provided by Turing incomplete smart contracts.
The ML lightwallet allows you to store ML and other tokens securely on desktop and mobile. Access your funds from a hardware wallet, or via private keys, anytime and from anywhere with Base Tech.
>> How to create and publish configuration files.
Users must create a profile in the hub, for which they will receive an NFT profile with a sequential ID. This NFT controls the configuration file, therefore, its owner becomes the actual controller of the given configuration file.
Base Tech is a Bitcoin Layer for smart contracts. It enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.
The protocol is built from the ground up with modularity in mind. Base Protocol is currently overseen by a multisig, which will be expanded to a broader DAO, which can develop and vote on new modules and expanded functionality.
Additionally, the entire ecosystem benefits from every application that uses the Base Protocol, turning a zero-sum game into a collaborative one. Developers can design meaningful social experiences without resorting to feedback mechanisms to grab/lock users' attention.
Exciting Partnership Announcement 🤝🔥
@BaseTech_Lab
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@TheAGII
We're thrilled to share the news of our new partnership with AGII! Base Tech and AGII are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine what's possible
We're thrilled to announce the partnership with
@alt_layer
. Build on Base to discover the potential of Bitcoin Layer2 applications; Together with AltLayer to accelerate scaling for Web3.
The adoption of smart contracts on Bitcoin's layer 2 is poised for significant growth, expanding the market for decentralized applications and financial services.
Base Layer offers smart contract capabilities, enabling developers to build new, customized cryptocurrencies and automate complex financial processes on the Bitcoin network.
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@tubescommunity
🔥Tubes - The first Cross-Chain decentralized Inscription exchange built on ERC-20. Ordinals application solution provider that bring huge liquidity to the Inscription community.💰
Stay tuned for
🎉 Exciting Partnership Announcement 🚀
@BaseTech_Lab
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@biokript
We're thrilled to share the news of our new partnership with Biokrip! 🤝 Base Tech and Biokrip are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine
@BigbangBase
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@colle_ai
We're thrilled to share the news of our new partnership with Colle Ai 🤝 Base Tech and Colle AI are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine what's possible. Stay tuned for
Base Tech is a layer2 protocol built on top of the Bitcoin blockchain. It aims to solve Bitcoin's scalability challenges by enabling instant and low-cost transactions. It brings smart contracts to Bitcoin, allowing users to automate and enforce the terms of their transactions.
We're thrilled to share the news of our new partnership
@BaseTech_Lab
and
@skyrex_io
, which are joining forces to innovate and elevate technology solutions. Together, we aim to push boundaries and redefine what's possible. Stay tuned for groundbreaking collaborations ahead!
The arguments on the topic of whether BTC layer 2 will be a hot topic in 2024. Debater A highlighted the scalability and transaction speed improvements offered by layer 2, emphasizing its potential for wider adoption.