GnosisDAO Approves Gnosis Chain's Transition to Ethereum Economic Zone Rollup
GnosisDAO has greenlit its Layer 1 network's transition to an Ethereum Economic Zone (EEZ) rollup, with a significant majority of votes in favor. Proposal GIP-153 received 123,158 'yes' votes and 115 'no' votes, exceeding the required quorum of 75,000 GNO.
The move will see Gnosis Chain retire its own validator set and settle transactions directly on Ethereum, becoming a Layer 2 network that relies on Ethereum's validators for final settlement. The initial launch is expected in late 2026 or early 2027, pending the maturity of EEZ technology.
This transition aims to improve security and composability across different rollups, eliminating the need for bridges, which are often vulnerable to hacks. Vitalik Buterin, Ethereum co-founder, previously raised concerns about centralized sequencers and trusted bridge mechanisms in Layer 2 networks.