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” (…)