{"id":16236,"date":"2024-08-20T12:00:10","date_gmt":"2024-08-20T09:00:10","guid":{"rendered":"https:\/\/forklog.com\/en\/base-to-launch-domain-name-system-on-ens-infrastructure\/"},"modified":"2024-08-20T12:00:10","modified_gmt":"2024-08-20T09:00:10","slug":"base-to-launch-domain-name-system-on-ens-infrastructure","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/base-to-launch-domain-name-system-on-ens-infrastructure\/","title":{"rendered":"Base to Launch Domain Name System on ENS Infrastructure"},"content":{"rendered":"<p>On August 21, the Base team will launch the Basenames domain name system for its L2 solution, utilizing the Ethereum Name Service (ENS) infrastructure.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">&#8216;Very soon&#8217; means\u2026tomorrow<\/p>\n<p>Get ready to claim your Basename <a href=\"https:\/\/t.co\/NQd6aJV0MC\">https:\/\/t.co\/NQd6aJV0MC<\/a><\/p>\n<p>\u2014 Base (@base) <a href=\"https:\/\/twitter.com\/base\/status\/1825650607652528598?ref_src=twsrc%5Etfw\">August 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the announcement, base.eth subdomains will be offered via a <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%93%D0%BE%D0%BB%D0%BB%D0%B0%D0%BD%D0%B4%D1%81%D0%BA%D0%B8%D0%B9_%D0%B0%D1%83%D0%BA%D1%86%D0%B8%D0%BE%D0%BD\">Dutch auction<\/a>, with prices decreasing over 36 hours after launch.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis will give everyone a fair shot at securing a name they love and prevent bots from snatching them up,\u201d the developers explained.<\/p>\n<\/blockquote>\n<p>Initially, the premium surcharge for names will be 100 ETH. Over the first 12 hours, this amount will decrease to 0.39 ETH, and then to 0.0015 ETH.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">When Basenames launch, all names will be listed via Dutch auction with prices decreasing over 36 hours <\/p>\n<p>This will give everyone a fair shot at securing a name they love and prevent bots from snatching them up<\/p>\n<p>It&#8217;s almost time to build your Based profile <a href=\"https:\/\/t.co\/ynCQKKOuJs\">pic.twitter.com\/ynCQKKOuJs<\/a><\/p>\n<p>\u2014 Base (@base) <a href=\"https:\/\/twitter.com\/base\/status\/1825619711154876694?ref_src=twsrc%5Etfw\">August 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Basenames will allow users to replace traditional wallet addresses with readable subdomains in the format name.base.eth.<\/p>\n<p>According to Base head <a href=\"https:\/\/x.com\/jessepollak\/status\/1825680609810985449\">Jesse Pollak<\/a>, the system will simplify \u201cbuilding or existing\u201d on the blockchain.<\/p>\n<p>He noted that the network recorded a historic high of 4 million active addresses over the past week.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">last week <a href=\"https:\/\/twitter.com\/base?ref_src=twsrc%5Etfw\">@base<\/a> had an ATH of 4m active addresses<\/p>\n<p>minted this moment on <a href=\"https:\/\/twitter.com\/DuneAnalytics?ref_src=twsrc%5Etfw\">@DuneAnalytics<\/a> on <a href=\"https:\/\/twitter.com\/base?ref_src=twsrc%5Etfw\">@base<\/a> <a href=\"https:\/\/t.co\/kKCSS3OAl3\">pic.twitter.com\/kKCSS3OAl3<\/a><\/p>\n<p>\u2014 Jesse Pollak (jesse.xyz) ?\ufe0f (@jessepollak) <a href=\"https:\/\/twitter.com\/jessepollak\/status\/1825675029138518236?ref_src=twsrc%5Etfw\">August 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Base accounts for 50% of the total active addresses in Ethereum&#8217;s Layer 2 solutions, as confirmed by experts from the growthepie platform.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Wild, over 50% of active L2 addresses are on Base \u2014 And we track 19 Layer 2s! <a href=\"https:\/\/twitter.com\/base?ref_src=twsrc%5Etfw\">@base<\/a> <a href=\"https:\/\/t.co\/pSAGWyWepZ\">pic.twitter.com\/pSAGWyWepZ<\/a><\/p>\n<p>\u2014 growthepie.xyz ?? (@growthepie_eth) <a href=\"https:\/\/twitter.com\/growthepie_eth\/status\/1825503452446830902?ref_src=twsrc%5Etfw\">August 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, on August 14, Coinbase hinted at the launch of a &#8220;wrapped&#8221; Bitcoin within the Base ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 21, the Base team will launch the Basenames domain name system for its L2 solution, utilizing the Ethereum Name Service (ENS) infrastructure. &#8216;Very soon&#8217; means\u2026tomorrow Get ready to claim your Basename https:\/\/t.co\/NQd6aJV0MC \u2014 Base (@base) August 19, 2024 According to the announcement, base.eth subdomains will be offered via a Dutch auction, with prices [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1321,1385,1179],"class_list":["post-16236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-base","tag-ethereum-name-service","tag-layer-2-solutions"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16236"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16235"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}