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Base Introduces Flashblocks to Boost Network Base Speed by 10x

By: theblockbeats.news|2025/07/17 01:22:06

BlockBeats News, July 17th, Flashblocks has launched on the Base network, increasing the network's base speed by 10 times. It is reported that Flashblocks has reduced the effective block time from 2 seconds to 200 milliseconds, making the Base network the current fastest EVM chain.

This upgrade may prepare the infrastructure for the launch of the Base App. Earlier, Coinbase announced the launch of an "everything app" – the "Base App" to replace the Coinbase Wallet. The new app integrates wallet, transaction, and payment functions, while incorporating social media, instant messaging, and mini-program support, all running on its self-developed Ethereum Layer 2 network Base.

Yesterday, Fidelity FETH saw a net inflow of $1.133 billion, while FBTC only experienced a net inflow of $10.4 million.

SBET has increased its ETH position by 20,000 coins in the last 4 hours, with an overall unrealized gain of $200 million.