Base, the new Layer 2 incubated by Coinbase, joins the Ledger Live ecosystem!

2023-9-8 15:35


Things to know:

– You can now create a Base account in Ledger Live Desktop and Mobile Android to send and receive ETH, with your private keys securely stored in your Ledger device.

– Base is a Layer 2 (L2) network built on top of the Ethereum blockchain, offering a user-friendly way for people to create and use decentralized apps (DApps) on the blockchain. 

– There are no plans to issue a network token. Be aware that scammers may be offering or sending fake Base tokens.

– Everyone is welcome to build on Ledger Live, bring their coins and make them accessible to Ledger communities. You’ll find all the resources you need here if you’re a developer. 

The main objective of Base is to onboard the next billion users into the world of cryptocurrencies by making blockchain technology more accessible. It is designed to function both as a platform for Coinbase’s onchain products as well as an open ecosystem for developers to build their own DApps. While Base is incubated within Coinbase, the plan is to gradually transition it to a more decentralized structure.

A layer-2 network operates on top of an underlying blockchain protocol (Ethereum). It processes transactions off of the Ethereum mainnet (Layer 1), which results in a number of benefits to developers and customers, including: 

Improved scalability and efficiency Increased transaction speeds   Reduced gas fees  Consistent security measures and decentralization as the mainnet (layer 1) 

Learn more about Base network here.

Create a Base account in Ledger Live

Create a Base account in Ledger Live is easy:

Open your Ledger Live app.  Navigate into the accounts tab in Ledger Live and create a Base account.  Verify and confirm the address to deposit your ETH tokens.

It’s as simple as that. 

Explore the Internet of Value securely with Ledger

Ledger Live, with over 1.5 million active users, allows you to buy, sell, swap, stake, and lend your digital assets and explore the Internet of Value with ownership and security. With the Ledger Live app, you can also access an ever-expanding list of DApps in the Discover section, with your private keys automatically safeguarded on your Ledger device.

If you don’t have a Ledger device yet, check this article out to see which Ledger device suits your needs, or view our comparison page for a side-by-side comparison. You can also stay updated on our latest announcements and thought leadership publications through our blog.

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ledger base live your layer people device

Источник: Ledger.com

ledger base → Результатов: 27


Фото:

Decentralized Geospatial Network XYO Adds ProBit Exchange to its Global Base

P2P location-based data network XYO debuted on ProBit Global on May 17 to expand its wide scope of sentinel devices across Asia. The beacon-based cryptographic protocol has already established over 1M devices for accurate item tracking fueled by proof of origin and a decentralized ledger for pinpoint time and location accuracy. While oracles are commonly […]

2021-5-18 12:01


China’s Tencent Partners with ShareRing for Blockchain ID Management

Chinese conglomerate Tencent is working with blockchain startup ShareRing to develop a decentralized ledger technology (DLT) base layer for more efficient identity management systems. The move is part of efforts to use the technology to bootstrap a recovery in the travel and tourism sector, which has been one of the hardest-hit industries by the coronavirus […] The post China’s Tencent Partners with ShareRing for Blockchain ID Management appeared first on BeInCrypto.

2020-11-17 16:59


Фото:

Nervos Unveils $30M Grant Program to Attract Developers to Its DLT Network 

Nervos Network (CKB), a multi-asset, store of value blockchain network established in 2018, has rolled out a $30 million public grants program to motivate individuals, teams and blockchain projects to build applications upon its permissionless layer one distributed ledger technology (DLT) platform dubbed the Nervos Common Knowledge Base (CKB), reports Enterprise Times on January 13,Read MoreRead More.

2020-1-14 20:00


Фото:

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


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