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Layer 2s
Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain
As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, Coinbase's head of protocols, who’s leading the effort. Here’s an excerpted version.

Mantle Introduces New Governing Body for Treasury Management
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.

Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.

Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum
The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.

Bitcoin’s Lack of Layer 2s Is a Blessing in Disguise
The unscalable blockchain par excellence can help fix crypto's longstanding scalability problem. The solution is to build a network where base and scaling layers are indistinguishable.

Why Ethereum Users Tolerate Exorbitant Gas Fees
Ethereum is an expensive smart contract blockchain – but it's worth the cost, according to Konstantin Anissimov.
