Team and Founders

The founding team and whitepaper authors include Roy Keene, Tanveer Wahid, Ezra Ripps, and Ty Schenk. Ty Schenk previously played a key role in developing crypto solutions at PayPal. 

Investors and Partnerships

Notable investors include former Google CEO Eric Schmidt, who contributed $17 million and joined as an advisor. Other investors include Habitat Partners and Steel Perlot. Partnerships include support for YouTuber MrBeast’s clean water initiative, TeamWater. 

Project Vision

Keeta’s main goal is to eliminate fragmentation in financial systems. By enabling direct interaction between blockchain networks and traditional systems, it simplifies asset transfers and ensures regulatory-compliant transactions. 

How It Works

Keeta uses a Delegated Proof of Stake (dPoS) consensus mechanism. Optimized for speed, the network claims to handle up to 10 million transactions per second (TPS) with finality in just 400 milliseconds, leveraging Google Spanner-inspired infrastructure for scalability. 

Keeta Network Advantages 

• Scalability: High performance and security via advanced dPoS. 
• Speed: 10 million TPS capacity. 
• Low Energy Consumption: Only 0.000056 CO2e per transaction. 
• Low Costs: Flexible and predictable fees. 
• Security: Secure transactions with digital identity and consistent ledgers. 
• Flexibility: Multi-token and robust update support. 
• Global Governance: Decentralized structure with token-based voting. 
• Interoperability: Flexible collaboration with separable subnets. 
• Regulatory Compliance: Built-in digital identity and sanctions support. 

Governance

KTA token holders vote on protocol upgrades and network decisions. Tokens are also used for asset creation, cross-chain swaps, and compliance checks. 

Roadmap

2025 Q3 

• Mainnet Launch 
• PASS Financial Identity Platform rollout 
• iOS & Android SDK release 
• Web SDK launch 

2025 Q4 

• Performance optimizations 
• Marketing and community growth 
• New strategic partnerships 
• Support for international payments 
• Development of cross-chain asset bridges 

Token Details and Distribution 

• Token Name: Keeta 
• Symbol: KTA 
• Total Supply: 1 billion KTA 
• Circulating Supply (Aug 2025): ~407 million KTA 

Distribution

• 40% Public Sale 
• 20% Developer Team 
• 15% Ecosystem Growth & Partnerships 
• 10% Early Investors & Advisors 
• 10% Marketing & Community 
• 5% Reserved for future network development 

Features 

• Scalability: 10M TPS and 400ms finality. 
• Regulatory Compliance: Built-in KYC/AML for easy use by traditional finance institutions. 
• Asset Tokenization: Supports creation and trading of tokenized physical assets. 
• Cross-Chain Capabilities: Acts as a bridge for direct transfers between different blockchains and financial systems. 

Official Links 

• Website
• Twitter
• Discord

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The post What is Keeta (KTA)? Mainnet and Cross-Chain Innovations appeared first on Coin Engineer.

This achievement highlights how far Base has come since January when it averaged only 4 TPS. Base’s founder, Jesse Pollak, emphasized that TPS has increased by 28% since November 23.

According to L2BEAT data, Base now holds $10.68 billion in TVL, ranking second among Ethereum layer-2 solutions. It trails only Arbitrum One, which has $18.3 billion in TVL. Base secured this position in June after overtaking OP Mainnet.

The total TVL across Ethereum layer-2 networks currently stands at $49.3 billion.

Base has also reached a significant milestone in transaction volume. The network surpassed 1 billion transactions, driven largely by the memecoin frenzy during this bull cycle. However, the surge in memecoin activity has also attracted scammers. Between January and March, losses from phishing attacks on the network increased 18-fold.

While addressing these challenges, Base is making strides toward decentralization. In October, the implementation of fault proofs marked an important step in making the network more decentralized.

Base’s rise is seen as a challenge to fast blockchain solutions like Solana. StarkWare CEO Eli Ben Sasson noted that solutions like Base will increase competition, predicting significant TPS improvements in the coming months.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Base Network Breaks Records appeared first on Coin Engineer.

Data from L2Beat reveals that Base currently boasts a 30-day transaction count of 45.21 million, eclipsing Arbitrum One’s 38.58 million and Ethereum’s 37.93 million. It’s important to note that Arbitrum Nova maintains the highest overall 30-day transaction count at 81.31 million.

Base Experiences Significant Growth

Coinbase’s Base has seen impressive growth, reflected in its Total Value Locked (TVL) of $3.89 billion. This comes after a 19.96% surge in transaction volume over the past week. Compared to Arbitrum One’s TVL of $18.45 billion (after a 4.87% transaction decline) and Ethereum’s TVL of $40.02 billion (down 4.24%), Base’s growth is significant. Notably, Arbitrum held the leading position in L2 TVL just a month ago.

Despite facing network congestion concerns just weeks ago, Base’s high transaction volume suggests user confidence in its services. Base also leads in daily Transactions Per Second (TPS) with 35.16 (a 36.12% increase), compared to Arbitrum’s 17.80 and Ethereum’s 14.38 TPS. Zora, another L2 solution, has also witnessed a significant TPS increase of over 700%, reaching 10.95.

Coinbase Considers Expanding Base Functionality

The recent surge in Base’s metrics coincides with positive developments within its ecosystem. One such development is the storage of USDC balances for both corporate and retail Coinbase customers directly on the Base network.

Max Branzburg, Coinbase’s Vice President and head of Consumer Products, announced plans to leverage the Base network for storing user USDC balances in late Q1 2024. This move aims to facilitate efficient and secure customer fund management with lower fees and faster settlement times. Ultimately, it contributes to enhanced Base functionality and, consequently, TVL growth.

Base Token Speculations Linger

The possibility of a Base token remains a topic of speculation. During an interview last year, Coinbase’s legal chief, Paul Grewa, hinted at the potential for a token offering. The delay was attributed to the network’s focus on technological advancements.

The post Coinbase’s L2 Base Surpasses Arbitrum and Ethereum in Daily Transactions appeared first on Coin Engineer.