2 hours ago
GnosisDAO approved Gnosis Chain’s modulation from a standalone layer-1 web to a ZK-proven Ethereum Economic Zone (EEZ) rollup.
GIP-153 received 123,158 GNO successful support, 115 against and 151 abstaining crossed 54 voters, Gnosis Chain said successful an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum.
Under the proposal, Gnosis Chain’s validator acceptable would beryllium retired and the web would settee transactions connected Ethereum, making Gnosis Chain a layer-2 (L2) that relies connected Ethereum’s validators for settlement.
An archetypal motorboat is targeted for precocious 2026 oregon aboriginal 2027, taxable to the required EEZ exertion being ready.
The update would alteration Gnosis Chain-native astute contracts to telephone Ethereum and usage the effect successful the aforesaid transaction, giving it entree to Ethereum mainnet assets and liquidity successful an situation “optimized” for consumers, a capableness the connection says is not presently disposable connected existing L2s.
Gnosis Chain to go archetypal accumulation EEZ instance
The EEZ is simply a model for gathering Ethereum-aligned rollups, developed by Gnosis and ZisK, with backing from the Ethereum Foundation.
The inaugural aims to unify Ethereum’s fragmented L2 ecosystem by enabling astute contracts crossed antithetic rollups to execute synchronously without relying connected bridges. It targets 1 of Ethereum’s main scaling trade-offs: improved throughput from dozens of L2 networks, which abstracted liquidity, infrastructure, and idiosyncratic enactment crossed abstracted blockchains.
Gnosis Chain would go its archetypal deployed lawsuit portion retaining its existing applications, balances and xDAI state token.
Ethereum co-founder Vitalik Buterin antecedently raised concerns astir the centralized sequencers and trusted bridging mechanisms arsenic imaginable anemic points successful the plan of immoderate L2 networks. “The archetypal imaginativeness of L2s and their relation successful Ethereum nary longer makes sense, and we request a caller path,” Buterin wrote successful a Feb. 3 X post.
According to information from L2Beat, 22 Ethereum rollups presently secure $27.82 billion. Including validiums, optimiums and different scaling networks, the level tracks $34.88 cardinal successful full worth secured.
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EEZ could trim reliance connected susceptible infrastructure: Standard Chartered
EEZ could trim reliance connected blockchain bridges and summation enactment wrong the Ethereum ecosystem, according to Geoffrey Kendrick, planetary caput of integer assets probe astatine Standard Chartered.
“The EEZ volition person the payment of reducing the request for bridges (where hacks thin to occur) and expanding the usability of assets successful EVM chains,” helium wrote successful a May 28 study shared with Cointelegraph.
“Both of these are apt to pb to greater enactment successful the Ethereum ecosystem.”Kendrick said the EEZ could make greater composability betwixt assets, allowing astute contracts connected antithetic participating networks to interact wrong the aforesaid transaction.
Magazine: Ethereum’s EEZ could propulsion different blockchains into its orbit
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