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Bankless
@Bankless
Welcome to Bankless: where we explore the frontier of crypto money, tech and finance. Learn how to get started, get better, and front-run the opportunity.
Joined February 2020
195 Following    355.5K Followers
Ethereum's fragmentation problem just got its most serious answer yet. The Ethereum Economic Zone, led by Gnosis and ZisK, funded by the EF. The goal: SYNCHRONOUS composability for the L1 and its L2s, so one transaction can execute cleanly across multiple chains. > Right now your coins on L2s can't interact with contracts on L1 or other L2s without bridging. Costs money, costs time, fragments liquidity. The EEZ ends that > Rollups plugged into the EEZ can call contracts on L1 or other L2s and receive a response in a SINGLE transaction. It feels like you're using one chain > This doesn't require any Ethereum protocol-level changes. The entire system runs on smart contracts + real-time ZK proving > Gnosis isn't some unknown team. They built CoW Protocol, Safe multisigs, the Conditional Tokens format underpinning Polymarket, Gnosis Chain, Gnosis Pay. ZisK brings an efficient open-source zkVM for real-time proving > NO ONE owns the stack. The EF is funding this as credibly neutral shared infrastructure. Free and open source for all Imagine an Aave position on Ethereum interacting with a Uniswap pool on Unichain in a single transaction. That'd be beautiful. That's the EEZ.
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