October 23, 2024
Benefits of Supporting Base chain
From inception, the MASQ Protocol technology has worked through various challenges around blockchain adoption and finding solutions to scale across many thousands of users. It was clear early on, that Ethereum offered the strongest consensus layer for securing the utility token contract but Ethereum developers would take years to develop the scaling for allowing MASQ’s peer-to-peer networking to scale across millions on Ethereum mainnet truly.
Therefore, other chains offering these scaling advantages can be bridged to support those ecosystems and user growth. This chain expansion started with Polygon back in 2022 and showcases MASQ’s unique ability to operate as chain-agnostic privacy technology, and currently will remain a supported ecosystem across the MASQ software apps.
Base chain stood out as one of the leading Layer-2 roll-up chains, including having advantages of brand recognition, user growth in emerging markets (a key demand demographic for the MASQ dVPN product) and accelerating marketing campaigns to support their expansion.
MASQ's decision to bridge from Ethereum to Base is a strategic step toward scaling, cost efficiency, and accessibility for users, and below is a breakdown of the key benefits:
Lower Transaction Fees and “Common-Gas”
Base offers drastically lower gas fees than Ethereum, providing a balanced mix of cost-effectiveness and performance. It also retains ETH as a native gas token so bridging won’t require a different gas token for users. This makes it an ideal option for peer-to-peer applications like MASQ that need affordability and reliability across micro-payments, as well as ease for bridging users between chains.
Enhanced Scalability and Throughput
Base delivers improved scalability over Ethereum, handling a higher volume of transactions at lower costs. This is crucial for MASQ Network users, especially as it aims to support many thousands more users and facilitate real-time peer transactions.
Improved User Experience
With its low fees and fast transaction speeds, Base enhances the overall user experience. This reliability is key to retaining users and encouraging more frequent interactions within the MASQ ecosystem.
Access to a Growing User Base with Live Products
Base is attracting a growing community of users and developers, benefiting from its Layer-2 foundation in Ethereum, and strong brand around Coinbase’s web2-to-web3 pathways emerging across the world. By bridging liquidity from Ethereum to Base, MASQ becomes part of this thriving ecosystem and enters a wide range of conversations where many users are seeking real world products to enhance their online experiences in web3 (and web2)!
Conclusion
It's clear that including Base chain in the MASQ protocol ecosystem marks a significant growth milestone. By embracing Base's advantages, MASQ can enhance user experiences, drive adoption, and solidify its position in the blockchain space.
The benefits are multifaceted: lower transaction fees, enhanced scalability, and access to a growing user base. By building alongside Base, MASQ expands its reach, enhances the MASQ brand, and becomes part of a larger conversation around the growing need for digital freedom and privacy tools!
The future of MASQ has never looked brighter!
Bridge your Ethereum $MASQ tokens on the official Superbridge.app with the help of this guide!
