en
Back to the list

This Blockchain Is Abandoning Its Own Network—It Has Issued an Official Statement Regarding the Switch to Another Network

source-logo  en.bitcoinsistemi.com 04 November 2026 18:05, UTC
image

Gnosis announced today that the Gnosis Chain will cease operating as a standalone first-layer network in Spring 2027. The network will connect to Ethereum as the first general-purpose zone of the Ethereum Economic Zone.

The transition will be implemented via a hard fork. Existing contracts, user balances, addresses, and network IDs will be preserved. xDAI, used for transaction fees, will also remain.

Gnosis therefore states that developers will not need to reinstall their applications.

Know when your
coins move

Alerts, real-time prices, and market news — all in one app
qr-code Point your phone camera to install
4.8 based on 40K reviews in the App Store and Google Play

The decision is driven by costs and fragmented liquidity issues. According to the statement, operating Gnosis Chain as an independent network costs Gnosis DAO approximately $7–10 million per year.

Related News A $75 Million Token Unlock Is Scheduled for Tomorrow on This Altcoin

The goal of the new system is to allow a transaction on Gnosis to utilize liquidity on the Ethereum mainnet within the same transaction. A swap that accesses mainnet liquidity using CoW Swap was also demonstrated on the Rollup X testnet, which launched today at Devcon.

A significant consequence of the change concerns the existing validator structure. Gnosis has announced that the current system, consisting of approximately 200,000 independent validators, will not be maintained after the transition.

*This is not investment advice.

en.bitcoinsistemi.com