Vitalik Buterin takes shot at Coinbase’s corporate control of Base which dominates 60% of layer 2 income

tldr; Ethereum co-founder Vitalik Buterin criticized Coinbase-backed Base for its corporate control and reliance on centralized operations, which dominate 60% of layer-2 income. Buterin’s new roadmap for Ethereum emphasizes decentralization and questions the long-term viability of layer-2 solutions like Base that depend on corporate affiliation rather than technical innovation. Base faces challenges from Ethereum’s reduced transaction costs and evolving standards for decentralization, which could impact its profitability and operational model.

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