Discover why MediCoin chose the innovative BASE Network, a Layer 2 blockchain solution developed by Coinbase, to power our revolutionary healthcare finance platform.
A blockchain is like a digital ledger shared across many computers, making it hard to hack and easy to trust. Every transaction is recorded in “blocks” that are linked together, creating a permanent, transparent history.
BASE Network is like a fast lane for Ethereum, handling transactions off the main road to save time and money. Developed by Coinbase, one of the world’s most trusted cryptocurrency companies, BASE offers the security of Ethereum with dramatically improved speed and cost efficiency.
BASE processes transactions off the main Ethereum chain, then securely batches them together, dramatically reducing fees while maintaining security.
A deep dive into how BASE works and why it’s the perfect foundation for MediCoin.
Our platform demands the highest standards of security, reliability, and performance.
BASE’s transaction fees are approximately ten times cheaper than Ethereum’s, based on recent averages.This could significantly lower costs for MediCoin users, making it more attractive for investment.
Transaction Cost Comparison:10x Lower
BASE has a thriving ecosystem with over $2.5 billion in Total Value Locked (TVL), making it the fourth-largest Ethereum L2. This growing adoption demonstrates the network’s reliability and popularity.
By joining this ecosystem, MediCoin positions itself within a community of innovative projects and developers, creating opportunities for collaboration and growth.
Experience the future of healthcare finance with a platform built on trust, reliability, and cutting-edge blockchain technology.