GnosisDAO Approves Gnosis Chain for Ethereum Economic Zone

GnosisDAO approves Gnosis Chain’s move to Ethereum L2

GnosisDAO approved Gnosis Chain’s transition into an Ethereum rollup, with its validator set set to retire after the EEZ launches.

GnosisDAO Approves Gnosis Chain for Ethereum Economic Zone

GnosisDAO approved Gnosis Chain’s transition from a layer-1 network to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.

GnosisDAO's 123,158 GNO Vote Pushes Chain Toward Ethereum ZK Rollup

GnosisDAO voted yes. A Snapshot ballot collected 123,158 GNO tokens in favor of GIP-153, a proposal that puts Gnosis Chain… Read the original on GnosisDAO Votes Yes on GIP-153, Paving Way for Ethereum ZK Rollup Transition. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

GnosisDAO Approves Gnosis Chain Shift Toward Ethereum Rollup Model

GnosisDAO Approves Gnosis Chain Shift Toward Ethereum Rollup Model - Read the full analysis on NewsBTC.

GnosisDAO Votes to Integrate Gnosis Chain into Ethereum Economic Zone

GnosisDAO has voted to approve a major upgrade for Gnosis Chain: the network will transition from operating as a standalone layer-1 to becoming a ZK-proven “Ethereum Economic Zone” (EEZ) rollup aligned with Ethereum. The decision is intended to move Gnosis Chain’s transaction settlement to Ethereum while still running its smart contracts in an environment designed to improve how users and applications interact with Ethereum-native liquidity and …

A crypto network just voted to abandon its standalone blockchain and unlock 27% of its token supply

GnosisDAO has approved a plan to retire Gnosis Chain’s standalone Layer 1, a shift that will unlock roughly 350,000 staked GNO. Under GIP-153, Gnosis Chain will become a zero-knowledge-proven Ethereum Economic Zone rollup that settles directly to Ethereum every block. The network will eventually retire its independent validator set and inherit security from Ethereum validators instead. That change would unlock about 350,000 GNO currently committ…