Base Domain Name Service: Coinbase's Layer-2 Network Launches Base Names

IconCryptoNewsTerminal Staff19 Aug, 2024

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Base Domain Name Service: Coinbase's Layer-2 Network Launches Base Names

Coinbase's Layer-2 network, Base, is launching its own domain name service (DNS) called Basenames tomorrow. The announcement was made through the official Base Twitter handle. Users will be able to utilize ‘base.eth’ domains through Basenames. The service leverages the technology of the Ethereum Name Service (ENS), a popular blockchain-based domain name system. ENS allows users to create unique and human-readable names for their crypto wallets, websites, and other blockchain-related resources. Basenames will extend this functionality to the Base network, making it easier for users to access and interact with decentralized applications and services. The launch of Basenames is a significant step forward for the Base network, as it provides users with a more convenient and user-friendly way to navigate the blockchain. It also aligns with Coinbase's broader goal of making crypto more accessible to mainstream users. Overall, the launch of Basenames is a positive development for the Base network and the wider crypto ecosystem. It provides users with a more seamless and intuitive way to interact with decentralized applications and services, and it further solidifies Coinbase's commitment to building a user-friendly and accessible crypto experience.