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Coinbase’s Base blockchain is getting a custom onchain identity tool

theblock.co 01/08/2024 - 18:54 PM

Base Blockchain Introduces Basenames

The team behind the Base blockchain, incubated by Coinbase, has launched a new product called Basenames. This tool aims to transform alphanumeric blockchain addresses into human-readable formats, leveraging the popular Ethereum Name Service (ENS) which offers users .eth addresses such as vitalik.eth or tom.base.eth.

> “Our vision for Base Names is that it is the connective tissue that will enable builders to connect with other builders, builders to more closely connect with the people,” said Thomas Vieira, Base Head of Product, at Coinbase’s BaseCamp Summit.
> “I may have 10^18 problems, but onchain identity won’t be one.”

Users can connect various wallets, including MetaMask, Rainbow, and Coinbase Wallet, to register a name. There is also a webpage for searching other Basename addresses and customizing profiles with bios, social media handles, and relevant skills.

Essentially, Basenames will function as an onchain resume, allowing individuals to showcase their skills and qualifications, which are verified with onchain credentials. Vieira emphasizes the importance of building connections in the community:
> “Finding people to build with is one of the main problems we’re trying to solve… we want you to be able to connect more closely with… people in your community.”

Similar to other onchain naming systems like ENS and Unstoppable Domains, Basenames simplifies sending payments and minimizes errors associated with entering incorrect addresses. The Basenames format will resemble .eth ENS addresses but will use a unique Base-specific domain extension: base.eth.

Initially, the product will be available to all attendees of BaseCamp and will be rolled out to the general public in the coming weeks, according to Vieira.




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