Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

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

And by that, the EEZ overall could become

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

Yeah, significantly bigger than Ethereum today.

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

So kind of just as a rough idea, if you just look at DEX trading volume, then roughly 50% today are on Ethereum and 50% are on the Layer 2s combined.

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

So yeah, by that metric, you would already double the kind of liquidity trading volume.

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

Yeah, so actually, I think it was at also your Bankless Summit for one and a half years ago, last DEF CON, where I think Eric Wall gave a talk about trying to build an application on Ethereum Layer 2s.

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

And it was kind of impossible because he wanted NFTs and he wanted to use the NFT from one chain on or from one Layer 2 on another Layer 2.

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

And

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

Basically, that was more or less impossible to build and that is more or less impossible to build today.

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

But yeah, so basically just echoing that goes beyond the financial use cases, everything where you need composability, yeah, those things will become, again, much easier.

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

Yeah, I would say, yes, that is correct.

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

On the other hand, to make it work, there's still... So there is the... There will be some coordination effort needed.

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

So essentially...

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

Let's start with one chain.

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

So you are one chain and you want to have the synchronous composability with Ethereum.

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

Then essentially you are doing a transaction that might affect Ethereum and your chain.

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

So again, that needs to be tightly coupled.

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

And the way Ethereum blocks are produced nowadays is mainly through builders.

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

Now,

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

There can be, of course, conflicting transactions.

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

So let's say there's an Ethereum kind of regular L1 transaction that touches a specific liquidity pool.