#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Base introduces Flashblocks on Testnet, increasing transaction speed by 10 times, and shortening Block confirmation to 200 milliseconds
PANews reported on February 28 that, according to the official announcement of Base, Base has launched a number of new technologies aimed at improving on-chain transaction speed, scalability, and user experience. Among them, the Flashblocks technology has been launched on the Base Sepolia testnet, reducing block confirmation time from 2 seconds to 200 milliseconds, making it the fastest EVM chain. In addition, Base also launched Base Appchains (L3 chain), which provides exclusive Block space for high-traffic applications, improving scalability. At the same time, Base introduces Smart Wallet Sub Accounts to optimize user experience, reduce the number of transaction signatures, and provide a more secure way of account management. Base plans to launch Flashblocks and Sub Accounts on the mainnet in Q2.