Not only L2 solutions but also external first-level networks may join the Ethereum Economic Zone (EEZ). This was stated by Gnosis co-founder Friederike Ernst in an interview with Cointelegraph.
The concept is being developed to combat liquidity fragmentation. According to Ernst, many projects outside the blockchain of the second-largest cryptocurrency by market capitalization have already shown interest in the initiative.
The implementation of the EEZ will allow different networks to interact as if they are part of a single structure. This will solve the problem of protocol duplication, where popular services like Aave or Maker are forced to launch separate versions in each L2 network.
To join the economic zone, a blockchain must meet three criteria:
- have a clear state transition function;
- generate cryptographic proofs for each block;
- support the ability to reorganize synchronously with Ethereum.
Ernst described the last condition as the most challenging but essential for ensuring the security of shared transactions.
Technically, the process will be facilitated by block builders. They will recognize smart contracts from different networks and include them atomically in a single block: either both transactions are executed, or neither is. This will allow the use of Ethereum mainnet applications directly from L2 solutions without splitting liquidity into numerous small markets.
Ernst noted that participation in the EEZ does not require mandatory use of the EVM. This makes the proposal attractive even for private institutional networks. However, the Gnosis co-founder emphasized that blockchains can leave the economic zone at any time if their strategy changes.
Back in March, the Ethereum Foundation introduced a roadmap for protecting the network from quantum computers.