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Guavy AI Editorial Team••Sentiment: 3•Clout: 78

Ethereum Economic Zone Aims to Unify Layer-2 Networks

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A new initiative has been launched to address the fragmentation of layer-2 networks on Ethereum, with the goal of creating a unified system.

The Ethereum Economic Zone (EEZ) will allow smart contracts on connected rollups to call contracts on mainnet or other EEZ chains within a single transaction, eliminating the need for bridges. This is made possible by real-time zero-knowledge proving technology developed by Zisk founder Jordi Baylina.

The project has received significant backing from the Ethereum Foundation and several prominent blockchain companies, including Aave and Centrifuge. The EEZ will be structured as a Swiss non-profit with all code released as open-source software.