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Coinbase has published an article outlining its five core neutrality principles for its Base platform:
1.Law of Chains: Coinbase prioritizes maintaining the Law of Chains as the foundational neutrality principle for Base. This rule establishes universal standards for all OP Stack blockchains, ensuring that builders and users have access to a neutral and open blockspace. The Base team has collaborated closely with Optimism to define the initial draft of this principle as the core developers of OP Stack, and will continue to work with the Optimism Collective to refine it based on community feedback.
2.Your Keys, Your Crypto: Coinbase does not custody or control the cryptocurrency users bring onto the Base network. Similar to the Ethereum mainnet, ownership of crypto assets depends on holding valid private keys. Users, not Coinbase, are responsible for their actions on the network.
3.Trade Ordering is a Free Market: Coinbase does not influence, discriminate, or prioritize the order of transactions occurring on Base. Similar to a postal service, the Base network simply forwards messages based on receipt time and optional priority fees set by users. No special privileges for front-running are granted to Coinbase products, customers, or partners.
4.Equal Access to Information: Coinbase will not misuse any non-public information collected from Base. Private transaction data (including any insights gained by the Base team through operating sorters, such as transaction ordering) will not be used for marketing or any other commercial purposes. Coinbase and its partners will rely on the same public data as everyone else.
5.Freedom to Exit: Coinbase does not impose restrictions on withdrawals from Base. Users unsatisfied with Base are free to withdraw their assets without any penalties. Coinbase will not use exit barriers to uphold any substandard experience or policy. |
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Post time 31-8-2023 08:48:22
