The largest cryptocurrency exchange in the US, Coinbase, is launching its own blockchain system, L2 Base, which is expected to significantly speed up and lower the cost of transactions for platform users.

Thanks to L2 scaling technology, transactions on L2 Base will be much faster than on the Ethereum blockchain. Users will be able to transfer tokens between the exchange and their Coinbase wallet with minimal fees and maximum speed.

In addition, L2 Base differs from other blockchain systems in that it does not require high computational power to perform operations. This reduces costs and increases the accessibility of cryptocurrency transactions for ordinary users.

Coinbase plans to gradually implement the new blockchain system, starting with testing on a limited number of users and then expanding its availability to all platform users. It is expected to significantly improve the user experience and make cryptocurrency transactions more accessible to everyone.