Time
23:18
Base Chain receives Vitalik's endorsement, emphasizing L2 security and non-custodial properties
September 23, 2025
CoinFeed News
The Base team explains the actual functionality of the L2 Sequencer, clarifying misconceptions about "exchanges." The Sequencer is solely responsible for collecting and sorting user transactions and submitting the results in batches to the Ethereum mainnet for settlement. The Sequencer does not perform buy/sell matching or trade matching; these logic are implemented by smart contracts.