We are thrilled to announce a major update for ECOIN Wallet with the integration of Base Network, Coinbase’s Layer 2 (L2) solution. Released on December 2nd, this update brings significant improvements to transaction efficiency, offering you a faster, more secure, and cost-effective experience when managing your crypto assets.
Base Network is built to optimize the Ethereum ecosystem, offering low gas fees, high scalability, and leveraging Ethereum’s security as its foundation. This means you can now enjoy the benefits of faster and more affordable transactions, all while maintaining the trust and reliability of Ethereum’s network.
Why Base Network?
Base is a Layer 2 (L2) solution developed by Coinbase with the primary goal of reducing transaction costs while providing the scalability needed to support the growing demands of the Ethereum network. With Base, you can enjoy:
- Low Gas Fees: Transactions are cheaper, making it more accessible for everyday users.
- High Scalability: Base handles a large number of transactions, ensuring that the network remains fast and reliable even during peak activity.
- Ethereum Security: Base operates with Ethereum’s security model, ensuring that all transactions are safe and protected.
This integration into ECOIN Wallet opens up a whole new world of possibilities for users. Not only can you manage your assets across the Base network, but we’ve also expanded our cross-chain functionality powered by ZetaChain to ensure seamless interoperability.
Cross-Chain Flexibility
One of the most exciting aspects of this update is the enhanced cross-chain feature. With Base now supported, you can easily bridge assets across Base and all compatible chains, including Bitcoin, Ethereum, BNB Chain, Polygon, ZetaChain and more. Thanks to ZetaChain, you can connect Base to multiple networks, offering even more flexibility and connectivity across a wide range of blockchains.
Now, you can:
- Bridge from Base to All Compatible Chains: Easily move your assets from Base to any supported blockchain, enhancing your ability to interact with various ecosystems.
- Bridge to Base: Move assets from other chains to Base, optimizing your transactions for faster and cheaper fees.
Full Support for Base
This isn’t just a simple update. With ECOIN Wallet 1.6.8, we’ve added full support for Base Network, ensuring a seamless experience for users. Here’s what you can now do with Base in ECOIN Wallet:
- Top Tokens List: Access a default list of the top tokens on the Base network, making it easy to navigate your assets.
- Deposits & Withdrawals: Deposit and withdraw assets directly on Base with ease.
- Swaps: Swap tokens on Base without the high fees typically associated with Ethereum transactions.
- Cross-Chain Functionality: With ZetaChain, bridging assets between Base and other supported chains is smoother than ever.
- dApps: Access decentralized applications (dApps) on Base, broadening your range of options within the Ethereum ecosystem.
Take Advantage of the Latest Features
This update is packed with enhancements that improve the user experience on multiple fronts. The inclusion of Base Network represents the future of scalable, low-cost Ethereum transactions, and we’re excited to bring it to you as part of the ECOIN Wallet ecosystem.
For more details on this release, check out the full 1.6.8 Change Log here:
Full Changelog for ECOIN Wallet 1.6.8
Wrapping Up
With the integration of Base Network and the enhanced cross-chain functionality powered by ZetaChain, ECOIN Wallet continues to offer more flexibility, faster transactions, and more options for users. Whether you’re making swaps, deposits, or bridging assets between chains, the possibilities are now even greater.
So, if you haven’t updated to ECOIN Wallet 1.6.8 yet, be sure to do so and take advantage of everything this new version has to offer!