BREAKING
134d 11h ago

Vitalik Defends Base as an Ethereum L2: Centralized UX Gains Without Custody or Withdrawal Risk

ETH

ETH/USDT

$2,252.61
-2.04%
24h Volume

$35,039,648,389.82

24h H/L

$2,354.99 / $2,110.00

Change: $244.99 (11.61%)

Long/Short
79.8%
Long: 79.8%Short: 20.3%
Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,269.38

1.60%

Volume (24h): -

Resistance Levels
Resistance 3$2,757.00
Resistance 2$2,552.03
Resistance 1$2,347.76
Price$2,269.38
Support 1$2,234.11
Support 2$2,110.00
Support 3$1,548.17
Pivot (PP):$2,258.36
Trend:Downtrend
RSI (14):27.4

COINOTAG reported on September 23 that the debate over centralization of Base layer sequencers has intensified, with some critics suggesting Base functions more like a trading platform than a conventional Layer 2 network. Ethereum co-founder Vitalik Buterin publicly defended the design, stating that Base’s use of sequencer-level centralization is an intentional trade-off to deliver enhanced user experience while anchoring finality and security to the Ethereum base layer.

Vitalik also highlighted that Base does not custody user funds and, per L2beat’s Phase 1 criteria, cannot seize or block withdrawals — a structural assurance that aligns the sequencer model with established Layer 2 security expectations and the broader Ethereum settlement architecture.

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