The Base network that Coinbase recently introduced is getting OpenZepplin security integration.
Developed by Coinbase Blockchain made an announcement about its network Base. US stock market base‘of OpenZepplinstated that it will have security integration.
Coinbase’s Base Integrates OpenZepplin Security
Last year, security vulnerabilities in the crypto money industry hurt users and platforms a lot. However, companies began to take stricter security measures.
Blockchaincyber security firm OpenZeppelinCoinbase’s Base network is now integrated with the OpenZeppelin Defender smart contract security platform.
Thanks to the implemented integration, Web3 application developers in Base will now be able to create multi-signed admin agreements. They will be able to use Defender software to create time locks, store keys and sign transactions. They will also be able to take action when unexpected events occur on the Blockchain by creating automatic “watchdogs”.
Commenting on the subject OpenZepplinIts CTO said:
“With our integration, smart contracts will be more secure and capable of doing more.”
Coinbase, who made a statement on the subject, baseIts leader, Jesse Polak, also used the following statements:
“Security is key for a thriving chain ecosystem. I am very excited about the establishment of the security team.”
