Vitalik Buterin Backs Base Layer-2 Amid Regulatory Scrutiny Over Sequencers

Ethereum co-founder Vitalik Buterin has publicly endorsed the layer-2 scaling solution Base, developed by Coinbase, commending its approach to decentralization. Buterin's remarks come in response to recent discussions and concerns, particularly from SEC Commissioner Hester Peirce, regarding whether the centralized sequencers used by some layer-2s, including Base, could classify them as regulated exchanges.