Coinbase Global has announced that users of the Base app and wallet extension may experience latency or degraded performance in Bitcoin transactions. The Base network, which is Coinbase’s Ethereum layer-2 solution built on the Optimism stack, facilitates scalable decentralized applications and often involves wrapped assets or cross-chain bridges for Bitcoin transactions to ensure compatibility with Ethereum’s layer-2 environment.
Coinbase Global warns users of potential Bitcoin transaction latency
