CryptoSlate
Crypto network votes to abandon standalone blockchain, unlocking 27% of token supply
August 20, 2026•05:30 AM
GnosisDAO has decisively approved GIP-153, retiring Gnosis Chain's standalone Layer 1 blockchain and unlocking approximately 350,000 staked GNO tokens. This strategic pivot transforms the network into a zero-knowledge-proven Ethereum Economic Zone rollup that settles directly to Ethereum every block, fundamentally altering Gnosis's security architecture and governance model in a move that will reshape the ecosystem's future. The transition to inherit security from Ethereum validators marks the end of Gnosis Chain's independent validator set, directly impacting stakers and network dynamics. This shift from Layer 1 to Ethereum rollup reflects a growing trend of cost optimization and security through interoperability, potentially increasing GNO token liquidity and utility within the Ethereum ecosystem while redefining the future of decentralized governance.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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