Ethereum’s L2 Base Testnet Has Crashed

Ethereum’s L2 Base Testnet Has Crashed \n \n Coinbase’s Base testnet on Ethereum crashed a few hours after launch. Hours after Coinbase released the Base testnet of the Ethereum L2 network, the network crashed, sending users flooding social media to complain about the network’s functionality. The Coinbase wallet incorrectly estimated the gas fees required to execute users’ transactions. As a result, the user pays less gas than is needed to complete the transaction, which causes Base to revert these transactions instead of processing them. Coinbase software engineer Roberto Bayardo explained on Twitter a few hours after the release: “Should fix now. Demand contracts increase gas usage under load, which wallets don’t estimate accurately. Gas limits are now hardcoded higher.”