Cryptocurrency

The Ethereum name service is expected to transition to layer 2.

Key points:

ENS Labs proposes upgrading the Ethereum Name Service to a layer 2 blockchain to reduce costs and improve scalability.

ENS DAO will vote on a transition that could use Matter Labs’ ZK stack for enhanced security.

ENSv2 aims to improve domain management and multi-chain interoperability in line with industry trends.

ENS Labs, the company behind the Ethereum Name Service (ENS), has unveiled plans for a comprehensive overhaul of the domain name protocol, with the goal of transforming the network into a Layer-2 blockchain infrastructure.

ENS Labs Proposes Layer 2 Upgrade to Ethereum Name Service

This one called “ENSv2” (…)

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