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Friederike Ernst 🦉
@tw_tter
Co-founded @gnosis_, co-host @epicenterbtc. Recovering physicist. Tweets mine.
1000 Following    5.2K Followers
The Ethereum Economic Zone cements Ethereum as the world’s most significant credibly neutral settlement layer and unites the ecosystem. Strongest signal to me: almost everyone I talk to about EEZ gets instantly excited. Once it clicks, it really clicks. Like Joe here 👇
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Ethereum cofounder on why ETH DATs are built to last "We're long-term permanent capital..." @ethereumJoseph chatted with @gazza_jenks about DATs, DeFi security, and the roadmap to Ethereum's golden age – live from @consensus2026 OUTLINE 00:00 - Introduction 02:25 - Future of DATs 06:10 - KelpDAO Exploit & DeFi 09:13 - Linea & Layer-2s 13:08 - Synchronous Composability 16:30 - Machine Intelligence & DeFi 18:05 - Quantum Threat to Crypto
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Love this: a digital euro that’s independent of US payment giants, doesn’t rely on banks, and even preserves privacy. And then… they build it in a silo. So close!!🤦‍♀️ Guess Juergen and Ulrich are still running things at the ECB.
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Want to learn something about Ethereum you probably didn’t know? Block building is where the real game happens. Private orderflow, dark mempools, sophisticated low latency setups... With @kubimensah I break down how Ethereum actually works at the block level. Out now!
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New Episode: Inside The Anatomy of Ethereum @kubimensah, CEO of @gattacahq (Titan Builder), joins @tw_tter to pull back the curtain on Ethereum’s most secretive and competitive sector: Block Building. Kubi explains how Titan captures nearly 50% of Ethereum’s block production and why the industry naturally gravitates toward a builder oligopoly. The conversation dives into the "fair exchange" problem, the dark forest of private mempools, and why the upcoming FOCIL upgrade is crucial for preserving Ethereum’s censorship resistance by breaking the builder monopoly on transaction inclusion. 00:00 Gattaca’s Origin in Proprietary Trading 05:15 Reality of Block Building 10:30 Public vs. Private Mempools 16:00 Why 50%+ of Transactions are Private 24:45 Anatomy of an Ethereum Block 33:20 Why Block Building Naturally Centralizes 42:15 Trust & Private Order Flow 51:40 Builder-Solver Convergence 58:30 ePBS, FOCIL, and the Future of Ethereum Episode Links👇
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Bridges have always been a main attack surface and AI is accelerating exploits. Native bridges are usually solid but people keep choosing faster & less secure 3rd party options. EEZ @etheconomiczone changes this: Far less bridging required in the first place, and when needed, native bridges execute within the same block.
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Bridge exploits are a perennial problem, and almost all of them share a single failure mode: the destination chain trusting one attestor — a federation, a multisig, an oracle pair, or a DVN — to vouch for events on the source chain. Stronger designs exist. 👇
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Wait, what!? They were tiny just a mooooment ago! 😎
Five years ago, we asked a simple question: what if trading could be fairer? Today, CoW Swap turns 5. 🐄🎂 And the answer - built trade by trade, wallet by wallet - is $200,000,000,000 in volume. Two hundred billion dollars. Let that sink in.
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There's a difference between a currency that's open and one that's unprotected. Open means anyone can earn it. Unprotected means anyone can extract it without contributing. Healthy community economies need the first, can't survive the second.
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Couldn’t have said it better. EEZ turns Ethereum back into a single market. For institutions, it’s a step change: keep your permissioned stack, compose with everything, synchronously and atomically. The game just changed.
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UPDATE: We now have full control of the domain. CoW Swap has been working as normal at for some time now, and we are now working to transition it back to it's original domain. In the meantime, here is an update on we know about the incident so far and what you should do if you were impacted. 👇🧵
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UPDATE: The swap dot cow dot fi domain is currently locked and not accessible. We are working with security experts to assert control over the domain while it is locked, but we *do not* expect it to be live again tonight. For those who rely on CoW Swap daily, we have spun up a new instance of the CoW Swap UI at which is safe to use. Please continue to exercise extreme caution when interacting with any websites (including the new URL above) or social media accounts purporting to be CoW Swap. Only rely on official communications from this channel or on Discord surrounding the status of CoW Swap.
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The Fusaka hardfork has been activated on the Gnosis Chain mainnet! 🦓 A massive shout-out to our validators and node operators your quick updates and dedication are what keep the network resilient and decentralized. Next ⏩ Glamsterdam!
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Fusaka was just activated and finalized on @gnosischain! This hardfork was significantly delayed in comparison to mainnet, but we're back on track to deliver Glamsterdam on time 🔥 ⚠️ Participation went down by ~6%, please update your nodes if you haven't yet!
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Rollups broke composability. EEZ fixes it. Thanks for hosting @TrustlessState 🫡
LIVE NOW - Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? @koeppelmann and @tw_tter from @gnosis_ explain how real-time proving and the Ethereum Economic Zone (@etheconomiczone) could: - reconnect fragmented rollups, - unify liquidity, - and give specialized chains seamless access to @ethereum's settlement and security. Enjoy the episode. -------------- TIMESTAMPS 0:00 Intro 0:18 Fixing Fragmentation 7:49 Ethereum Economic Zone Explained 26:19 EEZ Thin Layer 30:30 Block Builders 33:06 The Bull Case 35:18 Ethereum Reorg 42:56 Layer2 EEZ Adoption 50:47 A New Age for Builders 55:54 How to Get Involved 57:42 EEZ Rollout 1:00:51 Closing & Disclaimers
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Huge thanks to the EthCC team. As always, an incredibly well-run conference with top-level standards. I know this year wasn’t easy, which makes it even more impressive. The value EthCC brings to the Ethereum community is massive. Thank you @EthCC , thank you Cannes.
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You know what they say: Better Safe than sorry -- validator network enforces tx security before the tx can be executed. 🙏
$20B lost to hacks since 2017. Self-custody has been under relentless attack. As an industry, we need to level up defences. 🔊 Today, we introduce Safenet Beta🔰 A defence protocol for self-custody, powered by the $SAFE token. Onchain enforcement of security can protect users in ways that warnings simply cannot. Safenet is designed to protect users EVEN IF THEY SIGN BY MISTAKE 🧵
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.@safe has already implemented a path to quantum security that does not require users to migrate to a new Safe. They can keep their existing Safe and simply rotate the owner to a quantum-secure, hash-based signer. Making this production-ready is now a priority.
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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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THIS. If you care about where Ethereum is heading, don’t miss @jbaylina’s and my talk. The agenda shows two talks. It’s actually one. Just like Ethereum should be. We’ll demo what that looks like.
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In early 2024 it was becoming obvious Ethereum L2 roadmap had a fatal flaw. No shared liquidity. Each L2 was a separate nation - with its own borders and economics - rather than the United Chains of Ethereum we'd envisioned in 2021 and 2022. To be blunt: the L2 roadmap was a bit of a let down. At DevCon 18 months ago many hoped for an "Ethereum 3.0" plan that would unify our rollups. Instead, we got Justin Drake's 5 year long early Lean Ethereum journey. (Which has since solidified into a brilliant execution plan to scale & strengthen Ethereum, but at the time was received with disappointment.) We wanted a plan to unite the chains. @koeppelmann's presented an early form of that plan - he called them Native Rollups. These would be rollups that share liquidity, composability, and validators with Ethereum's L1. Rather than L2s as a loose alliance of chains that opt-in to shared security (the NATO model) we'd get a strongly coordinated yet federated economic union of chains (the U.S. model). No hard forks required. I hadn't seen much movement on this vision until now. But @etheconomiczone appears to be a serious attempt at a United Chains of Ethereum. ZK is the tech unlock and we get the zk genius of @jbaylina leading this. The engineering ability of @gnosis_ gives credibility this will ship. And the support of @ethereum foundation makes me optimistic this will remain open and credibly neutral. If Ethereum pulls this off - if it unites its chains into an integrated economic zone - while shipping quantum upgrades and L1 scaling of Lean Ethereum in parallel... Ethereum will gain an unstoppable network effect. It will finally deliver on its core promise Ethereum = world ledger. ETH = world reserve asset.
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Not sure I have ever been as productive in my life as in the last ~10 weeks: An extremely challenging yet worthwhile goal. The crazy progress of AI coding and heavy use of it. A very small team, world-class skills, and now the ability to multiply output thanks to AI. The result is @etheconomiczone — with a live devnet already: What is this? It will be: a) A new rollup that is fully composable with Ethereum. This means you can do either cheap transactions on this chain that only interact with contracts on this rollup, or more expensive transactions (similar to L1 costs) that can interact in a fully composable way between L1 and L2. So, for example, if you trade on this rollup, the routing can dynamically decide to use only L2 liquidity for a small trade, or for a larger trade — where the extra gas costs are worth it — to use both L2 and L1 liquidity. b) A whole framework that will allow new rollups, as well as existing L2s and sidechains (yes @gnosischain!!) to integrate into this “(Ethereum) economic zone.” Imagine: one could make a trade today simultaneously using Ethereum liquidity, but also Arbitrum, Base, or all the other L2s. This is what EEZ will allow. Now, let’s talk about the tech: Essentially, there are two core concepts that make all of this possible: 1) Proxy contracts 2) Real-time proving 1) Proxy contracts are basically a way to overcome the challenge that ~99% of all contracts are written in a way that only deals with addresses from a single chain. For example, a token or an NFT can be sent to an address, but not to an address on a specific other chain. Proxy contracts fix this. An address “A” on chain “n” will get a deterministic proxy representation, “A*”, on all other chains. So now, if, for example, A is a DAO on Ethereum and it should control, say, a fee switch in contract D (a DEX) on another chain, this can easily be done by setting A* as the owner of D. A (the DAO), on the other hand, can now call D* (the proxy representation of the DEX contract D) on Ethereum. All the cross-chain message passing in between is abstracted away — the contracts just call another contract and do not realize it is actually on another chain. 2) Real-time proving The proxy design already addresses the problem that there is no widely supported cross-chain message-passing standard in EVM land. So it alone would already be helpful for asynchronous calls, or better, calls that do not expect or require a return value. However, this would still not quite bring us to “synchronous composability.” Imagine a DEX trade: you do the first part of the trade on L1 and the second part on L2. You want to know the result of the second part — and if it did not get you the expected amount, you want to be able to revert the first part. This requires the call that triggers the DEX trade on L2 to have a return value. This was long assumed to be impossible - but with real-time proving, it no longer is. Basically, because Ethereum blocks are only produced every 12 seconds (and this would still work with, say, 6 seconds), that is now long enough to build and prove the L2 block that contains, for example, this L1→L2 DEX trade. If you want to learn more, don’t miss the talk by @tw_tter and @jbaylina on Tuesday at @EthCC! Let’s make Ethereum ONE again!
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We’re proud to be supporting the EEZ initiative at @OctantApp Ethereum needs economically and socially aligned rollups alongside the existing L2 ecosystem. EEZ liquidity. EEZ composability. EEZ security.
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