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This year's EthCC event in Cannes has fielded its first major announcement: the Ethereum Economic Zone.
Led by the Gnosis and ZisK teams and with funding from the Ethereum Foundation, this new effort is aimed at ending fragmentation in the Ethereum ecosystem for good, so let's dig into what's being proposed.
L2s were meant to extend Ethereum blockspace, and they have. Alongside this expansion, L2s have seen fragmented liquidity. Your coins on Arbitrum or Base or Polygon can't readily interact with contracts on the L1 or other L2s without being bridged over, which costs money and time.
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