Base adopts the Tendermint consensus algorithm, also utilized by networks like Cosmos and Binance Chain, enabling high throughput, low latency, and achieving finality within seconds.
However, Base encounters regulatory and legal hurdles in its operation within a complex and evolving landscape. Compliance with diverse anti-money laundering (AML) and know-your-customer (KYC) requirements across jurisdictions, along with addressing potential tax considerations for BASE holders and validators, poses challenges. Coinbase asserts its commitment to upholding the highest standards of compliance and transparency, acknowledging the inherent uncertainties and risks. Show Less
