Base Activates Cobalt Upgrade With Conditional Transactions and Expanded B20 Standard
- —Validity Transactions trigger only when conditions on balance, storage, block number or Flashblocks index are met
- —Submissions stay private until inclusion, reducing exposure to sandwich attacks
- —B20 adds Composite Policies combining two to four KYC or sanctions lists with AND/OR logic
- —A seizeWithMemo function allows administrative token seizure with an onchain record
Why it matters: Base is moving toward onchain conditional orders and compliance tooling for tokenized assets, intensifying competition among L2s for institutional issuers.
Source: Journal du Coin