foreign
[Music]
okay so we're going to talk about a
formal layer 2 standards working group
which has been formed as an eea
Community project managed by Oasis and
we'll explain what that means but first
I am Tosh Dinesh I work at the ethereum
foundation on ecosystem support focusing
on the Enterprise ecosystem so I work
with the Enterprise ethereum Alliance
chair of the media interest group
co-chair the eea community projects
project governing board and this is Dan
Shaw I'm Dan uh I've got a decade of
kind of bringing together
innovators and the Enterprise help bring
node.js into the foundation uh been a a
Founder done a lot of Open Source stuff
and I am the co-chair of this and uh uh
Andre Dr Andres forend is my co-chair
and it was a storied background uh he's
the spec lead on the Baseline protocol
and uh as well as my co-chairs okay so
uh yeah last talk really teed up why uh
you know standards are are useful
um you know to have a a space and a
Clearinghouse for uh discussions and you
know a neutral space right uh there's so
much Innovation that's happening that uh
you know we need to
um come together and
um you know our our perspective is uh in
part from the needs of the Enterprise
and in order to sort of uh continue the
the adoption that we're seeing
um Layer Two is essential uh and so
putting in into place those uh standards
and specification to enable uh layer to
thrive
so why are we doing this as an eea
Community project managed by Oasis and
what does that mean so Oasis is a
non-profit technical standards body that
was formed in 1993 they've done things
like xgml and XML and a lot of sort of
technical software standards sort of
along the lines of IEEE or w3c iatf
um so the ethereum community projects
was formed
three years ago as an oasis open project
so under the Oasis Sanders bodies or
umbrella what happened to my slots
by EF consensus and the eea so ethereum
Community projects is a you know it's an
oasis open project meaning it's open
source Open Standards development and so
it's we chose the waste because it's a
pretty low bureaucracy and it's a
flexible standards process unlike some
of the other ones like the w3c and ietf
they're a lot more sort of bureaucratic
and cumbersome Oasis is kind of more
ethereum friendly in that it's lower
bureaucracy and flexible
so uh some of the folks that are
involved uh of course uh tashana and
Andreas uh from the EF uh we have
Accenture uh Boba matter Labs metis
octane Labs uh optimism and polygon
um and we'd love to have you so please
come and join us
um
so what have we've been working on there
are lots of ideas for standards
development topics in the layer 2
ecosystem the two that have gotten the
most work done so far first is a
canonical token list format which so the
the issue is that most layer 2 projects
have the list of tokens that exist on
their layer twos and a wave that they
map to in many cases a layer one token
or a token on another layer or two and
these lists are not maintained in any
common standard format so standardizing
the way that these token lists are
stored it would be beneficial for
interoperability uh another project is
address aliasing so the uh the goal here
is to be able to deterministically
derive addresses of a digital asset or
an externally owned account on an evm
execution framework
when it moves like when it moves across
chains so if you know the origin chain
of an asset you should be able to
deterministically derive the address of
it on another chain
um
we have many ideas for potential future
topics to work on layer 2 transaction
fee structures layer 2 interface
transaction transaction interface
standards one idea that's gotten some
discussion is about cross-chain bridging
of digital assets with residuals so the
issue there is that if you have a token
like an nft representing a bond or
something that gets royalties over time
something that gets payments over time
and you move that to another chain it
breaks the connection between the
payments and the asset so that's not a
completely solved problem there's been
some discussion about that we would love
to have more ideas on that and if you
have other ideas for topics I would love
to hear them we would love to have your
involvement please get in touch so uh
yeah thanks a lot we we meet bi-weekly
um you can uh you know hit us up on our
emails GitHub is uh github.com EA slash
Oasis L2 and uh you know big big thank
you and shout out to l2beat Dev connect
um you know we were you know we've
gotten this uh Initiative off the ground
but uh you know thanks to LT beats uh
event at uh devconnect you know we were
really able to you know get a lot of the
initiatives that you uh just saw uh you
know set up and and really move forward
so uh um you know we'd love to have you
join us thanks
thank you so much guys you did it the
two of you were the fastest ones