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Gnosis, Zisk, and the Ethereum Foundation announced the launch of the Ethereum Economic Zone (EEZ) on March 29, 2026. The initiative introduces a Layer 2 (L2) framework intended to convert Ethereum’s fragmented network landscape into a single, unified system.
The EEZ is designed to restore “synchronous composability,” enabling smart contracts on different rollups to interact within a single transaction while maintaining the same security guarantees as Ethereum mainnet.
Organizers said the framework targets the “hundred islands” problem, where nearly $40 billion in value is reportedly siloed across more than 20 disconnected L2 networks.
The project uses real-time zero-knowledge proving technology. It is described as using ETH as the default gas token and as requiring no additional bridging infrastructure or new trust assumptions.
The announcement cited founding contributions from Jordi Baylina, the creator of Circom. Partners named in the initiative include Aave, Centrifuge, and the Swiss-based EEZ Alliance.
Friederike Ernst, co-founder of Gnosis, said: “Ethereum doesn’t have a scaling problem; it has a fragmentation problem. Every new L2 is a silo that makes it harder to seamlessly extend and drive value back to the Ethereum mainnet, and the EEZ is designed to do the opposite.”
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