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Due to an outage on Github, Base Build has decided to delay the launch of the B20 Token Standard.
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B20 is the Base’s new native token standard, which is developed using Rust precompiles that are integrated directly into the Base chain’s node software.
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The launch of the B20 Token Standard is part of the Beryl upgrade’s activation registry in order to bring new advancements to the network.
On July 8, Base Build announced the delay in the launch of the B20 Token Standard following a major outage on GitHub.
According to the previous announcement, the Base blockchain was planning to roll out the B20 token standard on July 8 at around 18:00 UTC. The launch of the new token standard is part of the Beryl upgrade’s Activation Registry.
However, the Base Build team ensured that they are expecting to launch the B20 Token Standard today, and they will share an update regarding the launch once it goes live.
What is the B20 Token Standard?
B20 is the Base’s new native token standard, which is an upgraded alternative to the widely used ERC-20 standard. However, it is different from the ERC-20 token standard, which runs as smart contracts on the Ethereum Virtual Machine. B20 tokens are developed by using Rust precompiles that are integrated directly into the Base chain’s node software. This integration allows the token to make transactions faster and cheaper.
This new token standard is fully compatible with ERC-20 in order to reduce the complexity for users. For users, it means that their existing wallets, exchanges, and decentralized applications. Apart from this, the token standard is designed with built-in compliance tools for regulated assets.
There are two variants available in B20 tokens, including Asset and Stablecoin.
B20 token standard will be deployed through a singleton B20Factory precompile. It generates deterministic addresses. The native launch of the new token standard will reduce overhead, improve security through audited code, and open the door for new upgrades on the network, such as paying gas fees in the B20 token.
Coinbase CEO Brian Armstrong said in the post on X, “This will help land various performance improvements on Base.”
Base’s On-Chain Activities Grow with New Upgrades
Base is one of the fastest-growing Layer 2 networks, with a jump in the total value locked on the network. According to DeFiLlama, the total value locked on the blockchain is currently around $4.327 billion. The stablecoin activity on the network is also growing rapidly. In June, Base surpassed Ethereum in adjusted stablecoin trading volume after recording $565 billion, according to VisaOnChainAnalytics.
The Beryl upgrade, which introduced the B20 token standard, also reduced withdrawal delays from Base to Ethereum from 7 days to 5 days in the common ground. Apart from this, it has integrated Reth V2 for better node performance, lower disk usage, and much more.
These improvements on the Base network come after an earlier Azul upgrade, which introduced a simple protocol, multiproofs for enhanced security, and the Base Stack foundation.
Base is also working on plans for Cobalt, which is expected to take place in September 2026. It will include native account abstraction features like gas sponsorship and batching. This will bring more B20 enhancements along with a unified node binary.
Earlier, Brian Armstrong stated that “Base is the best chain for trading, payments, and agents.”
Despite the growing on-chain activities on the blockchain network, Base has recently faced delays in June following back-to-back sequencer-related outages. On June 25, an invalid block caused an approximately 2-hour halt in block production.
After that, it faced a second outage of around 14 minutes on the next day due to a race condition after a reset. However, these incidents were unrelated to the Beryl upgrade itself; the team decided to postpone the upgrade in order to ensure the stability of the network.