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.