Base's Denim upgrade is live on mainnet, replacing Flashblocks with full canonical blocks five times per second, according to Base's engineering team. It adds a millisecond-resolution clock for smart contracts called BaseTime, plus new transfer and compliance controls for B20 tokens, and The Block counts it as Base's fourth network upgrade this year.
Why it mattersFaster blocks let trading and lending apps react quickly, but contracts that count blocks as time now run ten times faster than before.
Glossary
- Canonical block
- A block that is part of the chain's official history, as opposed to a preview of a block still being built.
News summary written by fadeCT from the linked reporting. Not financial advice. The fadeCT take, when present, is opinion.