+1.62%

S&O 500 5,382.45

-0.47%

US 10 400

+2.28%

Nasdaq 16,565.41

+2.28%

Crude Oil 16,565.41

-0.27%

FTSE 100 8,144.87

+1.06%

Gold 2,458.10

-0.53%

Euro 1.09

+0.36%

Pound/Dollar 1.27

Friday, August 21, 2026

GnosisDAO Approves Gnosis Chain for Ethereum Economic Zone

by marketdash
0 comments

GnosisDAO approved Gnosis Chain’s transition from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup.

GIP-153 received 123,158 GNO in support, 115 against and 151 abstaining across 54 voters, Gnosis Chain said in an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum.

Under the proposal, Gnosis Chain’s validator set would be retired and the network would settle transactions on Ethereum, making Gnosis Chain a layer-2 (L2) that relies on Ethereum’s validators for settlement.

An initial launch is targeted for late 2026 or early 2027, subject to the required EEZ technology being ready.

The update would enable Gnosis Chain-native smart contracts to call Ethereum and use the result in the same transaction, giving it access to Ethereum mainnet assets and liquidity in an environment “optimized” for consumers, a capability the proposal says is not currently available on existing L2s.

Gnosis…



Source link

You may also like

Get New Updates nto Take Care Your Pet

Discover the art of creating a joyful and nurturing environment for your beloved pet.

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Will be used in accordance with our Privacy Policy

@ 2024 – Marketdash – All Rights Reserved.