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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
And then there is this transaction coming from L2 that also wants to kind of go through easy kind of into this specific liquidity pool.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
There needs to be some ordering, which ultimately does the Ethereum validator or builder does.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
But here, there needs to be some... Yeah, if you want to do this efficiently, ideally, you have some coordination between the sequencer of CL2
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
and the builder of L1.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
And there are ways to start, or we will start the EZ kind of with just submitting bundles.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So kind of without additional required protocols or without additional required standards.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
But as soon as you want to have, want to go beyond one chain, you have multiple chains, then it absolutely does make sense that this,
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
coordination layer, which is implicitly already there through kind of block builders and their protocols, that that will become more important to actually
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
build proper blocks that have all the aggregated proofs.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
You can have all the chains having separate proofs, but of course it's also more efficient if they aggregate the proofs.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So long story short, it can be thin, but to make it work well and to make it work efficient, there will probably be some layers.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Yeah, for sure.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Basically on the second one, so right now, L2s essentially create relatively little L1 demand.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So kind of they, I mean, yeah, they use blobs, but they...
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
sometimes only settle every 10 minutes.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So basically just a couple of transactions every now and then, every few minutes.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
In this world, essentially every L2 user has the option at any time to do a transaction that also uses L1 liquidity.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
And if there's enough interesting things on L1, which they usually are or still are, then the expectation would be that, let's say,
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
let's say there are 200 L2 transactions in a 12-second time, then at least a couple of those, 3, 4, 5, 10, will actually also want to access L1 state.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So definitely much more, yeah, much more