Base Coinbase Integrates Chainlink Automation for Enhanced Smart Contract Scalability

Base, the Layer 2 network created by Coinbase, has taken a significant step forward by integrating Chainlink automation into its ecosystem. This move, announced on January 23rd, promises to unlock new possibilities for developers within the platform.

Chainlink automation is a secure and cost-effective service tailored to Web3 developers, offering a 90% reduction in gas fees while maintaining blockchain standards. With this integration, Base developers can execute resource-intensive tasks within the Chainlink network, extending the capabilities of smart contracts for more advanced use cases.

Chainlink automation also simplifies the connection of multiple decentralized applications (dApps) to smart contracts, acting as a powerful messaging bus, akin to the pub/sub message bus in Web2. This integration ensures compatibility with existing Chainlink platforms, such as the Cross-Chain Interoperability Protocol (CCIP) and data feeds, empowering developers to build sophisticated tools for scalable applications.

Jesse Pollak, the creator of Base and Head of Protocols at Coinbase, expressed excitement about the possibilities that developers can explore on Base due to Chainlink Automation's advanced computing capabilities. He emphasized that transferring computational tasks to the Chainlink network significantly broadens the range of options for Base developers.

Base, which operates as a Layer 2 solution, has gained significant recognition from the crypto community since its launch. The network's total value locked (TVL) reached nearly $450 million, according to DeFillama data. With over 200 protocols already in operation, Base is one of the most dynamic Layer 2 networks, averaging 3.59 transactions per second, as reported by L2beat.

Johann Eid, Business Director at Chainlink Labs, expressed satisfaction with the incorporation of high-performance Chainlink Automation into Base. Eid highlighted the potential for collaboration in creating the next-generation Web3 interface that supports the adoption of the verifiable internet.

This integration between Base Coinbase and Chainlink Automation marks a significant development in the world of blockchain technology, offering increased scalability and efficiency for smart contracts on the Ethereum network. Developers and the crypto community eagerly anticipate the innovative solutions that will emerge from this partnership.