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Ethereum Foundation reveals latest work on ‘Interop Layer’ to make L2 ecosystem ‘feel like one chain’

The Block
The Ethereum Foundation detailed its Interop Layer, an onchain protocol aiming to unify L2s so the ecosystem feels like a single chain.

Summary

Ethereum Foundation researchers, coinciding with the Devconnect conference, published new details on the upcoming Ethereum Interop Layer (EIL), which aims to solve the fragmentation issues in the Layer 2 ecosystem. The vision, as described by researcher Yoav Weiss, is to make all L2s feel like a single, unified Ethereum, eliminating the need for users to worry about bridges, chain names, or fragmented assets. The EIL is an onchain protocol that takes a "wallet-centric" view to unify the EVM environment, making wallets and dapps multichain-native by default and automatically compatible with new rollups. This functionality is powered by ERC-4337 account abstraction, allowing users to transfer assets seamlessly across the entire Ethereum environment without needing to know the underlying chain.

(Source:The Block)