Coinbase claims that Base has been hitting speeds of up to 400 transactions per second “with no issues” this week, rivaling Solana for the title of the most effective network.
However, the number has been disputed from various quarters, with some saying Coinbase didn’t account for failed transactions, and that the number is less than 50.
Despite being one of the youngest layer 2s in the Ethereum network, Base has become an integral network and is competing with established players on all fronts. Coinbase recently claimed that the network is hitting around 400 transactions, a number that has become the subject of heated debates, especially after it was used to draw comparisons with Solana.
It all started when Jesse Pollak, a Coinbase executive who led the creation of Base, revealed that the network was hitting 300-400 transactions per second “with no issues.”
just saw a few minutes of ~300-400 tps on @base with no issues pic.twitter.com/9O2IrEqX6c
— Jesse Pollak (jesse.xyz)

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