A member of Layer 2 solutions determined rumors that her Coinser Coinbase was selling ether (ETH).
“Coinbase $ 300 million in ETH, which is more than 2x of all ETH profits at the base, has accumulated,” a basic member Kabir.base.eth said on x Sunday. “Base and Coinbase and are still continuing to maintain ETH and publicly reveal our long -term property (100k ETH+, $ 300 million+).”
Kabir added that Base uses Costody Offchain for security reasons and review (which is why money is transferred to Coinbase), stressing that the Ethereum Layer 2 solution earns and spends the largest possible ETH, using layer 1 costs and granting support. CoINDESK has arrived at Coinbase to comment on the matter.
Kabir’s comments came after the observer of the nickname Santisa said BASE has been transferred to all the serial fees to Coinbase since it appeared for the first time, and the sequence device is likely to sell these coins.
Coinbase is supposed to be the only sequence knot on the base that sequences and ends with a specific arrangement and improves treatment productivity (speed). Coinbase charges fees, collected in ETH, for this serial role.
Santisa Take’s Sonic Labs has echoed Andre Kronji’s concerns about the use of central sequence devices in layer 2 solutions that lead to profit models that are not fully in line with the wider Ethereum values.
In essence, while scaling solutions in layer 2 earn large revenues from transactions, they send a small part of that to Mainnet ethereum for data and safety purposes. In other words, most of the fees collected in ETH or are loaded on the market are kept, which reduces the revenues of the fees and burned ETH associated with the main form. This has a negative effect on ETH supplies.
“L2S is why Ethereum is inflation again. Scale ethereum. They can get a free Sonic technology. Kronji said on x.
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