The Role of Base Network in Decentralized Security
Why Inheribase leverages Coinbase's Base L2 for high-security, low-cost smart contract execution.
The Base Advantage
Base, an Ethereum Layer 2 incubated by Coinbase, provides the optimal balance of security, liquidity, and incredibly low transaction fees.
By deploying our inheritance smart contracts on Base, Inheribase ensures that the logic governing the Dead Man's Switch inherits the robust security guarantees of Ethereum mainnet while allowing users to interact with the protocol without paying exorbitant gas fees.
Why L2 Over L1
Ethereum mainnet gas fees during peak periods can exceed $50 for a simple transaction. For a protocol that requires periodic check-ins and automated state transitions, these costs would be prohibitive. Base transactions typically cost fractions of a cent, making regular proof-of-liveness check-ins economically viable for users worldwide.
Security Inheritance
Base settles all transactions back to Ethereum L1, inheriting its security guarantees. This means Inheribase's smart contracts benefit from the most battle-tested consensus mechanism in cryptocurrency, without the cost burden.