Base: Proof of Failure Now Available on Mainnet
On October 31st, Base, an ethereum Layer 2 network, announced on the X platform that Proof of Failure is now live on Base's main website, marking a major milestone on Base's path to decentralization. With the introduction of this mechanism, anyone can monitor and challenge invalid withdrawals without a license, eliminating the need for third-party trust.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.