Coinbase’s Base: Pollak Debunks Centralization Myths
Jesse Pollak, Coinbase protocols lead, has clarified the “permissionless” nature of Coinbase’s Layer 2 blockchain, Base, on X (formerly Twitter). Responding to Gnosis founder Martin Köppelmann’s concerns about Base’s centralization, Pollak emphasized that Coinbase doesn’t have unilateral control over contracts or the ability to freeze funds on the network. Despite being the sole operator of Base’s sequencer, Pollak insists that the platform aims to be open, permissionless, and decentralized.
On this page
Jesse Pollak, Coinbase protocols lead, has clarified the “permissionless” nature of Coinbase’s Layer 2 blockchain, Base, on X (formerly Twitter).
Responding to Gnosis founder Martin Köppelmann's concerns about Base’s centralization, Pollak emphasized that Coinbase doesn't have unilateral control over contracts or the ability to freeze funds on the network.
Despite being the sole operator of Base's sequencer, Pollak insists that the platform aims to be open, permissionless, and decentralized.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.