Base launches Flashblocks to reduce effective block time from 2 seconds to 200 milliseconds

Planet News: According to official sources, Flashblocks has been launched on the Base network, increasing the network's base speed by 10 times. Flashblocks has reduced the effective block time from 2 seconds to 200 milliseconds, making the Base network the fastest EVM chain currently. This upgrade may prepare the infrastructure for the launch of Base App, following previous reports that Coinbase introduced Base App, upgrading Coinbase Wallet to an integrated social and trading platform. The new application integrates wallet, trading, and payment functions, while also incorporating social media, instant messaging, and mini-program support, all running on Coinbase's self-developed Ethereum Layer 2 network, Base.