The post Coinbase’s Base Delays Token Release for Decentralization appeared on BitcoinEthereumNews.com. Key Points: Base by Coinbase delays token release for ecosystem’s open-source growth. Focus on decentralization over quick token launch. Community feedback integral to Base’s strategic decisions. Base protocol, guided by Jesse Pollak at Coinbase, aims to evolve into an open-source ecosystem akin to Linux, prioritizing decentralization and cautious token issuance, Fortune reports. Coinbase’s strategy reflects a careful approach to align incentives with community goals, amidst growing blockchain ecosystems, without rushing to issue native tokens. Base’s Strategic Move Towards Long-Term Decentralization “Token issuance often comes at the expense of the broader community associated with the blockchain, enriching supporters. Therefore, Coinbase is proceeding with caution, determined not to rush the deployment of tokens and does not plan to announce a release date anytime soon.” — Jesse Pollak, Protocol Lead, Base (Coinbase) source. The implications of this delay are significant for both the cryptocurrency community and industry observers. By avoiding a rapid token launch, Coinbase aims to uphold democratic and sustainable token economy principles. This move may influence other blockchain projects to reassess their token strategies in pursuit of similar goals. Community feedback highlighted broad support, with developers and ecosystem participants expressing confidence in Base’s long-term vision. Industry experts, including Tom Schmidt of Dragonfly, acknowledged Jesse Pollak’s understanding of crypto principles, emphasizing that few in Coinbase share this deep expertise. Regulatory Considerations and Market Reactions Did you know? The concept of decentralization in blockchain technology is often compared to open-source software development, where community collaboration drives innovation. As of 07:25 UTC on October 3, 2025, according to CoinMarketCap, Ethereum (ETH) trades at $4,460.99, with a market cap of $538.46 billion, showing a 26.04% increase over the past 60 days. ETH remains crucial, serving as the settlement layer for transactions on Base. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 07:25 UTC on October 3,… The post Coinbase’s Base Delays Token Release for Decentralization appeared on BitcoinEthereumNews.com. Key Points: Base by Coinbase delays token release for ecosystem’s open-source growth. Focus on decentralization over quick token launch. Community feedback integral to Base’s strategic decisions. Base protocol, guided by Jesse Pollak at Coinbase, aims to evolve into an open-source ecosystem akin to Linux, prioritizing decentralization and cautious token issuance, Fortune reports. Coinbase’s strategy reflects a careful approach to align incentives with community goals, amidst growing blockchain ecosystems, without rushing to issue native tokens. Base’s Strategic Move Towards Long-Term Decentralization “Token issuance often comes at the expense of the broader community associated with the blockchain, enriching supporters. Therefore, Coinbase is proceeding with caution, determined not to rush the deployment of tokens and does not plan to announce a release date anytime soon.” — Jesse Pollak, Protocol Lead, Base (Coinbase) source. The implications of this delay are significant for both the cryptocurrency community and industry observers. By avoiding a rapid token launch, Coinbase aims to uphold democratic and sustainable token economy principles. This move may influence other blockchain projects to reassess their token strategies in pursuit of similar goals. Community feedback highlighted broad support, with developers and ecosystem participants expressing confidence in Base’s long-term vision. Industry experts, including Tom Schmidt of Dragonfly, acknowledged Jesse Pollak’s understanding of crypto principles, emphasizing that few in Coinbase share this deep expertise. Regulatory Considerations and Market Reactions Did you know? The concept of decentralization in blockchain technology is often compared to open-source software development, where community collaboration drives innovation. As of 07:25 UTC on October 3, 2025, according to CoinMarketCap, Ethereum (ETH) trades at $4,460.99, with a market cap of $538.46 billion, showing a 26.04% increase over the past 60 days. ETH remains crucial, serving as the settlement layer for transactions on Base. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 07:25 UTC on October 3,…

Coinbase’s Base Delays Token Release for Decentralization

2025/10/03 15:31
Key Points:
  • Base by Coinbase delays token release for ecosystem’s open-source growth.
  • Focus on decentralization over quick token launch.
  • Community feedback integral to Base’s strategic decisions.

Base protocol, guided by Jesse Pollak at Coinbase, aims to evolve into an open-source ecosystem akin to Linux, prioritizing decentralization and cautious token issuance, Fortune reports.

Coinbase’s strategy reflects a careful approach to align incentives with community goals, amidst growing blockchain ecosystems, without rushing to issue native tokens.

Base’s Strategic Move Towards Long-Term Decentralization

“Token issuance often comes at the expense of the broader community associated with the blockchain, enriching supporters. Therefore, Coinbase is proceeding with caution, determined not to rush the deployment of tokens and does not plan to announce a release date anytime soon.” — Jesse Pollak, Protocol Lead, Base (Coinbase) source.

The implications of this delay are significant for both the cryptocurrency community and industry observers. By avoiding a rapid token launch, Coinbase aims to uphold democratic and sustainable token economy principles. This move may influence other blockchain projects to reassess their token strategies in pursuit of similar goals.

Community feedback highlighted broad support, with developers and ecosystem participants expressing confidence in Base’s long-term vision. Industry experts, including Tom Schmidt of Dragonfly, acknowledged Jesse Pollak’s understanding of crypto principles, emphasizing that few in Coinbase share this deep expertise.

Regulatory Considerations and Market Reactions

Did you know? The concept of decentralization in blockchain technology is often compared to open-source software development, where community collaboration drives innovation.

As of 07:25 UTC on October 3, 2025, according to CoinMarketCap, Ethereum (ETH) trades at $4,460.99, with a market cap of $538.46 billion, showing a 26.04% increase over the past 60 days. ETH remains crucial, serving as the settlement layer for transactions on Base.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 07:25 UTC on October 3, 2025. Source: CoinMarketCap

Research analysis by the Coincu team identifies potential regulatory scrutiny as a factor for Base’s cautious strategy. Avoiding immediate financial upheaval demonstrates commitment to long-term stability, maintaining alignment with decentralization goals and minimizing volatility risks visible in past Layer 2 token launches. This is consistent with their assessment of the potential risks of market instability when new tokens are introduced too hastily.

Source: https://coincu.com/blockchain/base-delays-token-release-2025/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

The post Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage appeared on BitcoinEthereumNews.com. The amount of Bitcoin held on centralized exchanges plunged to a six-year low as the asset climbed to a new all-time high. Bitcoin notched a new all-time high on Sunday morning, reaching a little over $125,700 on Coinbase, according to Tradingview. Its previous peak was $124,500 on Coinbase on Aug. 14. Bitcoin (BTC) pulled back by 13.5% by Sept. 1 but has recovered strongly over the past week as “Uptober” began.    “Bitcoin hits new all-time high … And most people still don’t even know what Bitcoin is,” commented Nova Dius President Nate Geraci. “If Bitcoin is able to convincingly break $126,500, then chances are price will go a lot higher and quickly,” said analyst Rekt Capital on Saturday, before the latest price peak. BTC prices reach a new peak above $125,000. Source: Tradingview Exchange balances drop to six-year low The total Bitcoin balance on centralized exchanges fell to a six-year low of 2.83 million BTC on Saturday, according to Glassnode. The last time that there were fewer coins stored on exchanges was early June 2019, when the asset was trading around $8,000 in the depths of a bear market. Blockchain analytics platform CryptoQuant has a slightly lower total exchange reserve figure of 2.45 million BTC, which puts it at a seven-year low.  Both platforms show that the BTC exchange balance has dropped sharply over the past couple of weeks. More than 114,000 BTC worth over $14 billion has left exchanges over the past fortnight, according to Glassnode. When Bitcoin moves off centralized exchanges into self-custody, institutional funds, or digital asset treasuries, it suggests holders are planning to keep their coins long-term rather than sell them. Bitcoin sitting on exchanges is considered “available supply” that could be liquidated and hit the market at any moment. BTC balance on exchanges dropped to…
Share
BitcoinEthereumNews2025/10/06 14:29
Share