Coinbase announced the five core principles of Base: on-chain rules, user-controlled keys, equal access to information, freedom to exit, and free market
ChainCatcher message, Coinbase announces the five neutrality principles of Base, which are jointly maintained by the Base and Coinbase teams. Specifically:
Law of Chains: This primary neutrality principle establishes a common standard for all OP Stack blockchains and ensures that builders and users can access Base's neutral and open block space;
Your Keys, Your Crypto: Coinbase does not custody or control the cryptocurrency that users transfer to the Base network. Users (not Coinbase) are responsible for their actions on the network.
Transaction Ordering is a Free Market: Coinbase will not influence, discriminate against, or prioritize the order of transactions on Base. The Base network only relays messages based on the time of receipt and optional priority fees set by users. No special rights for priority are granted to Coinbase products, customers, or partners;
Equal Access to Information: Coinbase will not misuse any non-public information collected from Base. Private trading data (including any insights gained by the Base team through operating the sequencer, such as transaction ordering) will not be used for marketing or any other commercial purposes;
Freedom to Exit: Coinbase does not impose restrictions on withdrawals from Base. Users can withdraw their assets at any time if they are dissatisfied with Base, without facing any penalties.
