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Home»Blockchain»Rango Cross-Chain Integration Amplifies Base’s Market Presence
Blockchain

Rango Cross-Chain Integration Amplifies Base’s Market Presence

2024-01-29No Comments3 Mins Read
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Rango Exchange has integrated Base into its cross-chain protocol, a major achievement. Users can now easily reach Base via 50+ blockchains. Base is a powerful and affordable Layer 2 (L2) solution designed to increase Ethereum’s user base while ensuring security and scalability. Despite being built by Coinbase, Base is dedicated to decentralization to create an accessible, open, and global cryptocurrency market for everyone.

☄️ Thrilled to share our latest milestone: seamless integration of @base into our #crosschain protocol! 🔥
Now, our users can access #Base effortlessly from +50 blockchains.

👨‍💻This integration includes:

🌉 @StargateFinance, @deBridgeFinance, and @AcrossProtocol as bridge… pic.twitter.com/uAqaJsbxAa

— Rango (@RangoExchange) January 29, 2024

Coinbase Integration Elevates Base’s Credibility and Fuels Market Growth

The OP Stack, developed with Optimism, is Base’s core. Coinbase’s development team is vital to this partnership. The collaboration preserves the OP Stack as a shared resource, boosting blockchain technology’s decentralization.

Base work accelerated with Ethereum Improvement Proposal (EIP) 4844, which addressed proto-danksharding. This update would reduce Ethereum’s transaction costs by 100, making the Ethereum economy more accessible.

Base has many advantages for developers and users. Ethereum uses blockchain security to secure it. Using Ethereum and Coinbase’s industry-leading protocols, decentralized applications (dApps) are secure, giving customers and developers trust.

Base gains credibility by including Coinbase, which contributes resources, technological expertise, and a deep understanding of the cryptocurrency industry. Base can better satisfy market demands and future blockchain industry challenges and opportunities. Base’s growth and usage are due to Coinbase integration, rapid fiat onboarding, and substantial acquisition resources.

Base is known for its EVM compatibility, performance, and minimal transaction costs. Base has one-tenth the fees of Ethereum. This speeds up and simplifies the user experience, eliminating Ethereum’s gas bill problem.

See also  Stellar Network Launches First US Mutual Fund on Public Blockchain

Base values open source, transparency, and collaboration. Developer-friendly policies and open-source principles encourage a vibrant community of developers to contribute and create, expanding and diversifying the ecosystem.

Rango’s Cross-Chain Swap Tech Boosts Base Visibility Across Multiple Blockchains

Base’s rise in the blockchain market matches L2 solutions’ growing importance in boosting blockchain efficiency and scalability. However, strong interoperability solutions that connect L2 platforms like Base to EVMs and non-EVM systems are needed to maximize their capabilities. A single blockchain ecosystem requires interoperability.

With Rango’s cross-chain swap technology, Base can now connect with even more users, making it easier for everyone to access and use the platform. This activity improves Base and shows Layer-2 ecology’s potential. This represents a major step toward a more integrated and accessible blockchain environment for DeFi users, developers, and producers.

amplifies Bases CrossChain integration market presence Rango
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