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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
ultimately transaction fees and MEV or kind of just economic relevance of building those L1 blocks.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Certainly, certainly.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
maybe you had this metaphor of what is tying it together.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So here it's really the interest of being able to access this state of Ethereum.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So for example, the liquidity.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So if you want to allow your users to do a trade on your layer two, that in that trade also accesses Ethereum liquidity and touch a state, then you need to have this
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
the settlement kind of with Ethereum in, in, in the next block or, yeah, or essentially every block.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So the, again, the big benefit is that, that, yeah, also kind of for bridging.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So, so essentially you send tokens from Ethereum to your chain and they are immediately available.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
You can immediately, in that, in that sense, there is no bridging.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
The, the,
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Of course, again, where does practically this reorg thing comes from?
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So if now something comes out of Ethereum, let's say tokens are sent to your chain and you're immediately using them on your layer two, sending them forward, using them in a DEX, and then it turns out this Ethereum transaction never happens because Ethereum gets reorg'd.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Yeah, then you have to deal with this.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
And the easiest way to deal with this is to reorg your chain to this level as well.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So I would say this is the only downside essentially coming from EZ.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
And I would also say, I would say, well, if I had a wish for an Ethereum roadmap, I would say single slot finality would essentially solve that problem.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Right.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
Yeah, I would say it's largely a complexity problem.
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Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst
So in practice, reorgs happen very rarely.