Ethereum Name Service (ENS) has announced plans to create its own Layer 2 network called Namechain, using the advanced technology from Linea.
ENS and Linea Partnership
ENS selected Linea, a Layer 2 solution based on zkEVM, for its ability to fully support compatibility with existing Ethereum smart contracts and tools.
Technological Features of Namechain
zkEVM technology ensures reliable and seamless interactions between Ethereum's Layer 1 and the new Namechain Layer 2. The Linea platform, powered by Consensys, a leading Ethereum-focused research and development firm, is the first to implement a trust-minimized version of ERC-3668 and provide decentralized cross-chain name resolution for ENS altcoins.
Impact on ENS Ecosystem
The Namechain initiative serves as the core of ENSv2, an upgrade introduced this year to increase scalability and affordability of ENS. It includes the transition of domain name registrations to Tier 2 Name Chaining, reducing transaction costs and increasing efficiency while keeping name resolution services on Ethereum Layer 1. ENS aims to further expand its use in DeFi, NFTs, and other blockchain-based ecosystems. This development underscores ENS's commitment to blockchain innovation while maintaining compatibility with Ethereum's core network.
ENS's new Namechain network aims to expand the service's usage across various blockchain ecosystems while maintaining compatibility with Ethereum's core network.
