🚀Coinbase's layer 2 network, Base, is making waves with its high transaction-per-second (TPS) throughput. Despite claims of 300-400 TPS, data shows an average of 37 TPS, still outpacing Ethereum's 14 TPS. 📊 A debate has sparked in the crypto community, comparing Base's performance with Solana's network, known for high TPS but also high failed transactions. Base's total value locked (TVL) has rocketed to $2 billion, fueled by a meme coin frenzy. But beware, over 90% of new meme coins on Base had security vulnerabilities, and 17% were considered scams. 💬 Your thoughts?
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