BlockBeats News: On July 17th, Flashblocks was launched on the Base network, increasing the network's base speed by 10 times. It is reported that Flashblocks have shortened the effective block time from 2 seconds to 200 milliseconds, making the Base network the fastest EVM chain currently available.
This upgrade may prepare the infrastructure for the launch of the Base App. Previously, Coinbase announced the launch of the "everything app" - the "Base App" to replace Coinbase Wallet. The new application integrates wallet, transaction, and payment functions, as well as social media, instant messaging, and mini program support, all running on its independently developed Ethereum Layer 2 network Base.