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, that 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. The project is co-funded by the Ethereum Foundation.

EEZ aims to create a framework for Rollups so that smart contracts on connected Rollups can be synchronized 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 does not require any additional cross-chain bridge infrastructure. Ernst said, “Ethereum doesn’t have a scaling problem; it has a fragmentation problem. Every newly launched L2 has its own liquidity pool and bridging, which is another isolated walled-garden.”

EEZ alliance founding members include the DeFi lending protocol Aave, block builder Titan and Beaver Build, the RWA platform Centrifuge, and the tokenized stock project xStocks. The project will operate in the form of a Swiss non-profit organization, with all software released as free and open source, with the goal of minimizing governance and ultimately achieving non-upgradability. Technical specifications and performance benchmarks are expected to be published in the coming weeks.