David Hoffman
👤 SpeakerAppearances Over Time
Podcast Appearances
And the promise here is that it's a way for layer twos to synchronously compose with layer ones.
So all shared liquidity.
Okay, shared fees, shared everything.
So it seems seamless to be on, whether on an L2 and the Ethereum economic zone of L1, it all feels seamless, shared liquidity.
It's all unified.
You can get atomic transactions through, and it does indeed feel like one chain.
So the way they are doing this is through technical architecture and some specifications.
A sprinkling of ZK magic.
You know, that's important for kind of fast withdrawals.
To add some ZK and then you're done.
Yep.
And then developer tooling and ecosystem integration.
Some of these details are going to happen, are going to emerge over the coming weeks.
And the hope there is that you get chains to opt in.
So one chain that would be nice, which is currently in L1, is the Gnosis chain.
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.
And why?
What's the reason?
Shared economics.
You get to tap into all of Ethereum's liquidity and this alliance can grow.