BlockBeats news, on March 29, according to The Block, Gnosis co-founder Friederike Ernst and Zisk founder Jordi Baylina jointly announced the “Ethereum Economic Zone” (EEZ) plan at the EthCC conference in Cannes on Sunday, which is co-funded by the Ethereum Foundation.
The EEZ aims to create a framework for Rollups, allowing smart contracts on connected Rollups to perform composable calls with both the Ethereum mainnet and other EEZ Rollups, with security guarantees equivalent to those directly deployed on Ethereum. The framework defaults to using ETH as the gas token, requiring no additional cross-chain bridge infrastructure. Ernst stated, “Ethereum does not have a scalability problem; it has a fragmentation problem. Every new L2 that goes live has its own liquidity pool and bridging, creating yet another isolated walled garden.”
The founding members of the EEZ alliance include the DeFi lending protocol Aave, block builders Titan and Beaver Build, the RWA platform Centrifuge, and the tokenized stock project xStocks. The project will operate as a Swiss nonprofit organization, with all software released in an open-source manner, aiming to minimize governance and ultimately achieve non-upgradability. Technical specifications and performance benchmarks are expected to be announced in the coming weeks.
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