Thursday, August 27, 2026|20°C Partly Cloudy
Next edition scheduled
Your Personal Daily Intelligence
Edition 2026-08-21

CRYPTO

GnosisDAO Votes Transition Gnosis Chain to Ethereum Economic Zone

GnosisDAO voted to transition Gnosis Chain into an Ethereum Economic Zone (EEZ) rollup.

By cointelegraph · 8d ago · Source: cointelegraph

Full article

GnosisDAO voted to transition Gnosis Chain into an Ethereum Economic Zone (EEZ) rollup. The vote recorded 123,158 GNO in favor, 115 against and 151 abstentions, with 123,425 GNO total participating, surpassing the 75,000 GNO quorum required for the proposal.

The proposal would retire Gnosis Chain validators and settle transactions on Ethereum, turning the network into a layer‑2 that inherits Ethereum security. An initial launch is planned for late 2026 or early 2027 pending technology readiness.

The EEZ framework, developed by Gnosis and ZisK with funding from the Ethereum Foundation, allows native smart contracts to call Ethereum and use its assets within the same transaction, enabling composability across rollups and reducing reliance on bridges. This change aims to address Ethereum’s scaling trade‑off by increasing throughput while unifying fragmented L2 ecosystems.

Standard Chartered analyst Geoffrey Kendrick said the EEZ could lower bridge‑related security risks and boost activity in the Ethereum ecosystem. Vitalik Buterin, Ethereum co‑founder, previously wrote that centralized sequencers and trusted bridging mechanisms in some L2 designs raise concerns and may require a new path for layer‑2 development.

L2Beat data shows 22 Ethereum rollups currently secure $27.82 billion in total value, with additional validiums and optimums bringing the total to $34.88 billion.

Source transparency

Publisher
cointelegraph
Reliability
high
Published
8/21/2026, 10:00:25 AM
Retrieved
8/21/2026, 10:00:25 AM
Relevance
80%
Confidence
85%
Read original at cointelegraph

Botwin's Morning Wire publishes the full source article for reading convenience. Please visit the publisher for the original presentation and any updates.