Did Centralization Cause the Base Blockchain Outage?

Carpe Consensus

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1y ago 22:37

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While one network (Base) faced an outage, another (Ethereum) had a layer 2 leader grappling with the idea of an “Ethereum Supreme Court.”

On “Carpe Consensus,” host Danny Nelson is joined by CoinDesk tech reporter Sam Kessler to dive into the latest blockchain news.

[0:53] Coinbase’s Ethereum layer 2 blockchain Base experienced its first major outage since its launch, halting the production of new blocks for about 45 minutes. Sam explains what caused the outage and other vulnerabilities he’s watching.
[13:16] In crypto, the phrase “code is law” seems to assert that technology can thwart centralized individuals. But a proposal for an “Ethereum Supreme Court” gets Danny and Sam thinking – are blockchains already just social contracts, not straight code as we’ve been led to believe?

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

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