BREAKING
203d 22h ago

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

ETH

ETH/USDT

$2,303.86
+2.85%
24h Volume

$22,543,720,045.80

24h H/L

$2,415.55 / $2,239.22

Change: $176.33 (7.87%)

Long/Short
50.3%
Long: 50.3%Short: 49.7%
Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,304.52

-2.74%

Volume (24h): -

Resistance Levels
Resistance 3$2,575.35
Resistance 2$2,452.50
Resistance 1$2,378.22
Price$2,304.52
Support 1$2,234.04
Support 2$2,136.62
Support 3$1,938.04
Pivot (PP):$2,341.51
Trend:Uptrend
RSI (14):59.1

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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