Coinbase's Base Network Targets June 25 for Beryl Upgrade and New B20 Token Standard
Coinbase's Base Network Targets June 25 for Beryl Upgrade and New B20 Token Standard
Coinbase's Layer 2 network, Base, is scheduled for its Beryl mainnet upgrade on June 25. This upgrade aims to introduce a new B20 token standard, which is expected to lower the costs associated with token creation and storage on the network.
Base Network Prepares for Significant Beryl Mainnet Upgrade
Coinbase's innovative Layer 2 network, Base, is set to undergo a pivotal Beryl mainnet upgrade on June 25. The core of this upgrade is the introduction of the B20 token standard. This new standard is designed with the explicit goal of enhancing the efficiency and affordability of operations on the Base network, specifically by reducing the costs associated with token creation and storage. This development signifies Base's ongoing commitment to optimizing its infrastructure for developers and users alike, potentially fostering a more vibrant and cost-effective ecosystem for decentralized applications.