GnosisDAO accepted Gnosis Chain’s transition from a standalone layer-1 community to a ZK-proven Ethereum Economic Zone (EEZ) rollup.
GIP-153 obtained 123,158 GNO in assist, 115 towards and 151 abstaining throughout 54 voters, Gnosis Chain mentioned in an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum.
Beneath the proposal, Gnosis Chain’s validator set can be retired and the community would settle transactions on Ethereum, making Gnosis Chain a layer-2 (L2) that depends on Ethereum’s validators for settlement.
An preliminary launch is focused for late 2026 or early 2027, topic to the required EEZ expertise being prepared.
The replace would allow Gnosis Chain-native sensible contracts to name Ethereum and use the end in the identical transaction, giving it entry to Ethereum mainnet property and liquidity in an surroundings “optimized” for shoppers, a functionality the proposal says shouldn’t be at the moment accessible on current L2s.
Gnosis Chain to change into first manufacturing EEZ occasion
The EEZ is a framework for constructing Ethereum-aligned rollups, developed by Gnosis and ZisK, with funding from the Ethereum Basis.
The initiative goals to unify Ethereum’s fragmented L2 ecosystem by enabling sensible contracts throughout completely different rollups to execute synchronously with out counting on bridges. It targets one in every of Ethereum’s important scaling trade-offs: improved throughput from dozens of L2 networks, which separate liquidity, infrastructure, and person exercise throughout separate blockchains.
Gnosis Chain would change into its first deployed occasion whereas retaining its current functions, balances and xDAI gasoline token.
Ethereum co-founder Vitalik Buterin beforehand raised issues in regards to the centralized sequencers and trusted bridging mechanisms as potential weak factors within the design of some L2 networks. “The unique imaginative and prescient of L2s and their position in Ethereum not is smart, and we’d like a brand new path,” Buterin wrote in a Feb. 3 X post.
In keeping with information from L2Beat, 22 Ethereum rollups at the moment secure $27.82 billion. Together with validiums, optimiums and different scaling networks, the platform tracks $34.88 billion in complete worth secured.
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EEZ may scale back reliance on weak infrastructure: Normal Chartered
EEZ may scale back reliance on blockchain bridges and enhance exercise inside the Ethereum ecosystem, in line with Geoffrey Kendrick, international head of digital property analysis at Normal Chartered.
“The EEZ will get pleasure from lowering the necessity for bridges (the place hacks are inclined to happen) and rising the usability of property in EVM chains,” he wrote in a Could 28 report shared with Cointelegraph.
“Each of those are more likely to result in better exercise within the Ethereum ecosystem.”
Kendrick mentioned the EEZ may create better composability between property, permitting sensible contracts on completely different collaborating networks to work together inside the similar transaction.
Journal: Ethereum’s EEZ could pull other blockchains into its orbit
