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Martin Koppelmann

πŸ‘€ Speaker
329 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Thanks for having me.

9.73 View full episode β†’
Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Yeah, I mean, the first one is the term got a little bit overloaded.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So others are using it in a different way, saying native rollups are rollups that have some specific precompile that kind of proves the correctness or where it's more natively proven, where you don't have a separate proof system, but kind of that is supported natively by Ethereum.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

What I was trying to, yeah, I was already trying to describe this kind of vision one and a half years ago, although then, yeah, real-time proving wasn't clear that this would be possible or how fast this would become possible.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So basically back then,

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

I still described it as something where you could do those transactions that affect the state on L1 and L2 in the same transaction, but you couldn't directly read the result from an L2 transaction and you couldn't do kind of fully complex interactions like you could do on one chain.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

And all those things are now possible.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So yeah, essentially it's an extension or it's now, yeah, it's basically one step more than what we described earlier.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

For sure, for sure.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So there was a tech unlock and I think that unlock, yeah, kind of also brought a unlock in, well, in interest and in, yeah, to some extent funding or commitment to build this.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So previously it was just an idea, but it wasn't clear is it worth actually building it or investing in it to some degree.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

And now with the promise of actually having, yeah, all those nice things, shared liquidity, fully composability,

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Yeah, we decided it's now worth actually building it and quickly gathered interest around this project.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

And yeah, and the result was the DevNet at ECC.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Martin, do you want to add something to that?

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Yeah, I'll do maybe one more.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So, yeah, in the EEZ, you have shared liquidity.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So, for example, you can do a trade and you can, in the same trade, in the same transaction, source liquidity from Ethereum and all other chains that are part of the EEZ.

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

So...

Bankless
Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

In today's world, you often see it that on different chains, you have significantly different liquidity, even different prices, maybe different interest rates on lending protocols and so on.

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