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David Hoffman

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4307 total appearances
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Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

Anyway, it's called EEZ.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

It stands for the Ethereum Economic Zone.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

And the promise here is that it's a way for layer twos to synchronously compose with layer ones.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

So all shared liquidity.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

Okay, shared fees, shared everything.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

So it seems seamless to be on, whether on an L2 and the Ethereum economic zone of L1, it all feels seamless, shared liquidity.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

It's all unified.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

You can get atomic transactions through, and it does indeed feel like one chain.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

So the way they are doing this is through technical architecture and some specifications.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

A sprinkling of ZK magic.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

You know, that's important for kind of fast withdrawals.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

To add some ZK and then you're done.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

Yep.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

And then developer tooling and ecosystem integration.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

Some of these details are going to happen, are going to emerge over the coming weeks.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

And the hope there is that you get chains to opt in.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

So one chain that would be nice, which is currently in L1, is the Gnosis chain.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

So Martin, I guess one of the leads for the Gnosis chain, had said, if this works, the Gnosis chain might come back and might transfer from an L1 to an L2.

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

And why?

Bankless
ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

What's the reason?