Optimism will release an “open neutrality framework” as its decentralization guidelines, and Coinbase’s Base will follow it, said Jesse Pollak, the lead for Coinbase protocols.
The neutrality framework, currently in draft, sets out principles for networks that want to remain decentralized, Pollak said in a talk at the ongoing EthCC event in Paris.
Pollak stated that Coinbase is committed to three principles of decentralization. First, state transitions must be consistent. This refers to the fundamental method of recording transactions and wallet balances on the network. Second, the network’s security uptime liveness must always be maintained. Third, upgrades should be approved through a governance process.
The Layer 2 network, Base, which is backed by the cryptocurrency exchange Coinbase, is built on Optimism’s software stack known as the OP Stack.
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