Base network by Coinbase integrates OpenZeppelin security features.

The OpenZeppelin Defender smart contract security platform has now established integration with Coinbase’s Base network, enabling Web3 application developers on Base to automate security functions.

As per an announcement made on April 19 by blockchain cybersecurity company OpenZeppelin, developers on Base can now utilize the Defender software to generate multi-signature admin contracts and timelocks, utilize Relayers for key storage and transaction signing, and create automated “sentinels” to oversee the blockchain and respond to events as they arise.

These resources can be employed for routine yet critical administrative tasks such as upgrading contracts, adjusting numerical parameters, or halting a contract in case of an emergency, according to the program’s documentation.

The Defender application was previously accessible on Ethereum and most other networks; however, due to the lack of integration with Base, developers were unable to utilize it on the new testnet until now.

OpenZeppelin’s CTO Jonathan Alexander mentioned in the announcement that this integration will enhance the security and scope of smart contracts, while Base lead Jesse Pollak expressed enthusiasm for the collaboration, stating that “security is key for a thriving onchain ecosystem.”

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Coinbase revealed the launch of the Base test network on February 23. It aims to develop a mainnet version as a layer-2 solution for Ethereum once testing concludes.

Some Ethereum users have speculated that Coinbase intends to facilitate the onboarding of institutional investors to Web3 via the new network, which will incorporate Masa Finance identity verification tools.

OpenZeppelin is widely recognized for its library of open-source smart contracts, which are frequently adapted by developers for their own applications throughout the Ethereum ecosystem.