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Coinbase Races into Super App Space with Base App and Speedy Transactions

Coinbase Races into Super App Space with Base App and Speedy TransactionsThe Defiant1 min read
Coinbase Races into Super App Space with Base App and Speedy Transactions

Coinbase’s Ethereum Layer 2 chain Base — now rebranded to Base Chain — rolled out a new feature on Wednesday, July 16, that lets on-chain apps show transaction status in near real time to make them feel more responsive.

Built by Flashbots, Flashblocks introduce “preconfirmation blocks,” which are small sub-blocks issued every 200 milliseconds by the block builder. Base app —which rebranded from Coinbase Wallet yesterday as well — posted on X that the update cuts Base Chain’s block times from two seconds to 200 milliseconds, making it 10 times faster than before.

The update allows on-chain apps to detect whether a transaction is likely to be included in the next full block, giving users quicker feedback without changing how the blockchain settles data.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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