ETH Foundation Backs Gnosis-Zisk Framework for Unified Layer-2 Economy
Developers from the ZkSync (ZisK) ecosystem, in collaboration with Ethereum core developers at Consensys and backed by a grant of 10 million Ether ($38.5M), have launched an "Ethereum Economic Zone" framework designed to solve cross-chain fragmentation issues within Layer-2 rollups like Arbitrum Optimism Base Polygon zkSync StarkNet Scroll Aptos Solana Avalanche Ethereum Flow ZkFairZora and others by enabling synchronous composability between them The initiative aims for a unified economy where assets can move freely across chains without needing bridges or locking mechanisms while improving...
Key Points
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1The 'Ethereum Economic Zone' (EEZ) is a new framework proposed by developers from Gnosis and Zisk with backing from the Ethereum Foundation.
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2This initiative aims to solve layer-2 fragmentation in Ethereum's ecosystem, enabling rollups to interact seamlessly within single transactions without cross-chain bridges.
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3The EEZ enables synchronous composability between Layer 1 (mainnet) and various Rollup networks for unified liquidity management.
Developments
Gnosis, Zisk, with support from the Ethereum Foundation, are developing an "Economic Zone" designed as shared infrastructure for layer-2 networks. This initiative aims to create alignment between scaling solutions and the main network by reducing technical friction while preventing user activity silos that compromise decentralization concerns raised previously by Vitalik Buterin.
Developers from Gnosis and Zisk are proposing a new framework called 'Ethereum Economic Zone' to unify Ethereum's fragmented Layer 2 ecosystems by allowing rollups to interact with each other via single transactions without relying on bridges. This initiative aims to reduce duplication, share infrastructure across networks while settling back to the mainnet, addressing liquidity fragmentation caused by dozens of separate layer-2 environments.
A coalition including Gnosis and Zisk unveiled a new project called "Ethereum Economic Zone" (EEZ) at EthCC in Cannes. This initiative aims to reduce network fragmentation by enabling seamless interaction between Ethereum's layer 2 networks without relying on slow, costly bridges or rebuilding tools for each platform.