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Gnosis and Zisk announce the launch of the "Ethereum Economic Zone" Rollup framework, co-funded by the Ethereum Foundation
ChainCatcher message, according to The Block: On Sunday at the Consensus EthCC event in Cannes, Gnosis co-founder Friederike Ernst and Zisk founder Jordi Baylina jointly announced the “Ethereum Economic Zone” (EEZ) plan, which is co-funded by the Ethereum Foundation.
EEZ is intended to create a framework for Rollups so that smart contracts on connected Rollups can be synchronously and composably called with the Ethereum mainnet and other EEZ Rollups, with security guarantees identical to those of direct deployment on Ethereum. By default, the framework uses ETH as the Gas token and requires no additional cross-chain bridge infrastructure. Ernst said, “Ethereum doesn’t have a scaling problem; it has a fragmentation problem. Every new L2 that goes live has its own liquidity pools and bridges—each one is another isolated walled garden.”
The EEZ alliance’s founding members include DeFi lending protocol Aave, block-building vendors Titan and Beaver Build, RWA platform Centrifuge, and tokenized stock project xStocks. The project will operate as a Swiss non-profit organization, with all software released as free and open source, aiming to minimize governance and ultimately achieve non-upgradability. Technical specifications and performance benchmarks are expected to be published within the next few weeks.