The Ethereum Economic Zone
@etheconomiczone
The Ethereum Economic Zone (EEZ) is a framework for L2s to work better with each other and Ethereum.
Built by @Gnosis_ and @ziskvm, co-funded by @ethereumfndn
40 Following 4.1K Followers
CowSwap: first swap on a rollup to be filled with mainnet liquidity
A user on Rollup X signed one order. CoW Swap's solvers filled it against liquidity on Ethereum mainnet and the tokens landed back on Rollup X in the same transaction.
No bridge, no wait, no second signature.
New chains no longer have to launch with thin pools that users pay for in slippage.
h/t @CoWSwap
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The devs did something.
Many things, as it turns out.
Not one, but THREE firsts for synchronous composability between a rollup and Ethereum mainnet. @tw_tter and @eduadiez will demo them live on Lotus Stage 1 at Devcon, 13:00 IST.
We even had the devs make their own launch video.
Cast, in order of appearance: @SCBuergel , @antonimarber, @chetnamiittal, @debjitbw, @JesusLigero3, @jbaylina , @turingtestrun, @eduadiez, @filoozom, @epochzer0, @tw_tter , and @0xKenk .
One @ethereum .
Details of the news and the demos in thread. 🧵
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Getting a crash course about @etheconomiczone by @jbaylina himself in Zug 🤯
How is your Friday evening?
We're excited to welcome @tw_tter to Devcon 8!
@gnosis_ co-founder, physicist, and co-initiator of the @etheconomiczone, she remains on speaking terms with the laws of physics.
Join Friederike’s talk in the Futures Worth Building track to ask, How Big Can Ethereum Get Before Physics Gets in the Way?
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An independent prover client running end to end with the EEZ composer is an important step for us.
We’re looking forward to working with @Nethermind on the road to a public testnet with more prover clients!
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We want Ethereum’s rollups to work as one network. That’s why we’re building @etheconomiczone support into the Nethermind Client.
We want Ethereum’s rollups to work as one network. That’s why we’re building @etheconomiczone support into the Nethermind Client.
We successfully tested @Nethermind's standalone Rollup0 prover with the @etheconomiczone composer, including L1 proof acceptance and restart/recovery.
One step closer to a public EEZ testnet with multiple prover clients!
WIP draft:
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We successfully tested @Nethermind's standalone Rollup0 prover with the @etheconomiczone composer, including L1 proof acceptance and restart/recovery.
One step closer to a public EEZ testnet with multiple prover clients!
WIP draft:
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Next up: Zug Ethereum Meetup #1#: @etheconomiczone
What: @jbaylina diving into Ethereum Economic Zone
When: Oct 23rd
Where: @ziskvm office
This one is technical!
RSVP:
If you want to support EEZ, help them secure their protocol by pledging or donating in TheDAO's current round:
On January 1, 1983, ARPANET switched to TCP/IP, and separate networks became one internet. Everything before that is now prehistory.
This is Ethereum's 1983. We knew atomic composability would work in theory. On mainnet, it still feels like magic. ✨
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EEZ is becoming a reality!
🔥🔥🔥 The first atomic cross-chain L1->L2 transaction ever! 🔥🔥🔥
Atomic synchronous composability is no longer a promise. History made on mainnet: the first atomic cross-chain L1->L2 transaction ever 🔥 And this is only the beginning for EEZ ... 🚀 @etheconomiczone
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It's been a busy September for the @etheconomiczone's team. Great to see this progress 🔥
Go check out the monthly update and learn about what's next 👇
Our September update is out.
September brought a lot of movement: auditors reading the contracts, @Nethermind building an EEZ client, and a @CoWSwap order settling across chains on our experimental network.
Read the full update ↓
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Next is an experimental deployment on Ethereum mainnet. That puts EEZ alongside real liquidity and real applications, which is the environment we want to be testing in and the one we want to demonstrate at @EFDevcon in Mumbai!
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ZisK v1.3.0-alpha release 🚀
ZisK is moving beyond arithmetic hashes with BLAKE3 strengthening security while outperforming our prior Poseidon1 version:
⚡ 7.43s p999 on 4×5090
⚡ 5.14s p999 on 8×5090
🛡️ 128-bit provable security
🔐 Post-quantum secure
This is a major step toward faster and safer proving.
Release notes:
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incoming; global liquidity in the Ethereum Economic Zone
@etheconomiczone
Let's activate Ethereum as an economic operating system 🦾
One step closer to trustless cross-chain batch auctions.
@etheconomiczone & @CoWSwap will bring fragmented liquidity across stablecoins, RWAs, and beyond back together, without introducing a new validator set or trust assumptions...
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One step closer to trustless cross-chain batch auctions.
@etheconomiczone & @CoWSwap will bring fragmented liquidity across stablecoins, RWAs, and beyond back together, without introducing a new validator set or trust assumptions...
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