Ethereum

Base

Daily

<ul class="news-points"> 
 <li>According to Brian Armstrong, Base reached 16 transactions per second, thanks to FriendTech.</li> 
 <li>Base’s daily transactions exceeded Ethereum’s transactions on August 21, 2023.</li> 
 <li>People were concerned over the number of bots and scammers amid FriendTech’s hype.</li> 
</ul> 
Brian Armstrong, CEO at <a href="https://coinedition.com/tag/coinbase-news/" rel="noopener noreferrer nofollow">Coinbase</a>, shared on X how Base hit 16 transactions per second. Armstrong believed that most of the credit went to FriendTech, the latest DeFi social app. 
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 .<a href="https://twitter.com/BuildOnBase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@BuildOnBase</a> hit 16 transactions per second yesterday lots due to <a href="https://twitter.com/friendtech?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@friendtech</a> but still – incredible growth <a href="https://t.co/saHlb5cP7q" target="_blank" rel="noopener noreferrer nofollow">https://t.co/saHlb5cP7q</a>— Brian Armstrong 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1694130549403607041?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 22, 2023</a> 
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Base’s transactions exceeding Ethereum were fueled mainly by the hype around the latest social app, FriendTech. Base is a new Ethereum L2 by Coinbase, the American crypto exchange platform, and it is said to be an open ecosystem where anyone can build new decentralized applications (dApps). 
On Monday, August 21, 2023, Artemis Terminal, a digital asset analytics platform, showed<a href="https://app.artemis.xyz/comparables" target="_blank" rel="noopener noreferrer nofollow"> </a>that Base’s daily transaction was $1.37 million. Meanwhile, on <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/" rel="noopener noreferrer nofollow">Ethereum</a>, the number was $1.01 million. 
FriendTech is one of the dApps running on Base; it is … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/base-exceeds-ethereum-daily-transactions-thanks-to-friendtech/">Base Exceeds Ethereum Daily Transactions, Thanks to FriendTech</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Base Exceeds Ethereum Daily Transactions, Thanks to FriendTech

Coin Edition

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