ENS Integrates Consensys' Linea for Layer-2 Project Namechain

by Giorgi Kostiuk

2 years ago

ENS Labs has chosen Consensys' Linea technology for its new Layer-2 project, Namechain, promising enhanced transaction speed and security.

ENS and Linea: Strategy of Partnership

ENS and Linea have initiated collaboration to develop the Namechain network, driven by shared values and Linea's impressive transaction speed.

Rollup Network Technologies

Rollup networks offer inexpensive and fast transactions. There are two main types: optimistic and zero-knowledge, with the latter known for fast transaction finality.

Future Plans for Linea and Namechain

Linea plans to release a token, potentially integrating it into the Namechain ecosystem. Ensuring a decentralized and secure network, they opted for zero-knowledge rollup.

We want to have multiple organizations contributing to Linea to enhance security and avoid centralization.Nicolas Liochon

The collaboration between ENS and Linea marks a significant step in Layer-2 technology development, offering improved speed and security for blockchain users.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

Payward to Acquire Saldo Bank for European Banking Expansion

Payward, the parent company of Kraken, plans to acquire Lithuania-based Saldo Bank to enhance its banking capabilities and integrate banking products with crypto services.

Maria Fernandez4 hours ago

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.

Gustavo Mendoza5 hours ago

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.

Rajesh Kumar6 hours ago

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

Miguel Rodriguez7 hours ago

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.