Ethereum’s “Onchain” Future
summary
Base launches an internal testnet on OP Stack Bedrock that proves a chain can ship inside a public company, and teams up with Paradigm on Opera to add a second fault prover. Engineers contribute as a core op‑stack developer, build a pessimism monitoring tool, run shared audits and a federated Security Council, and open mainnet deployment to builders. Wallet flows drop onboarding from a dozen steps to zero. Claim: this stack plus Coinbase distribution drives 100M+ onchain users within two years.
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chapters (19)
- 0:00Introduction and welcoming Jesse Pollak
- 0:49How Base started inside Coinbase
- 1:55Early failures and testnet turning point
- 3:27Coinbase vs. Base: structure and autonomy
- 5:05Choosing Ethereum, EVM, and OP Stack
- 7:16Why many L2s need open interoperability
- 8:17Open source, decentralization, and the superchain
- 9:49Base’s decentralization strategy
- 11:21Collaboration with Paradigm and ref/opera
- 12:24Security, pessimism tool, and shared audits
- 13:55Base as core contributor to OP Stack
- 15:23How Coinbase plans to onboard 100M+ users
- 17:00Solving UX with seamless wallet flows
- 18:07Mainnet timeline and launch concerns
- 19:10It’s a years-long journey, not a sprint
- 20:14Jesse’s 2-year prediction: 100M+ onchain users
- 21:54Why we’ve hit the inflection point now
- 22:31Real crypto growth hasn’t even started yet
- 23:05Closing remarks
