• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ENS Plans to Launch Namechain Layer 2 Network Using Linea Technology

user avatar

by Giorgi Kostiuk

a year ago

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SpaceX Pre-IPO Tokenized Offerings Canceled Due to Allocation Issues

chest

Several crypto platforms canceled SpaceX pre-IPO tokenized offerings due to failed share allocation, leading to refunds for customers.

user avatarMiguel Rodriguez

Arbitrum Governance Proposes Major Funding for Foundation

chest

Arbitrum governance is evaluating a funding proposal for the Arbitrum Foundation, seeking 16 million in real-world assets, 1,700 ETH, and 230 million ARB tokens to support its operations for another year.

user avatarLuis Flores

Crypto Scammers Target 2026 World Cup Fans

chest

TRM Labs warns of emerging crypto scams targeting fans of the 2026 World Cup, including fake ticketing and speculative tokens.

user avatarArif Mukhtar

Ethereum Researchers Introduce SPHINCS for Quantum-Resistant Signatures

chest

Ethereum researchers introduce SPHINCS, a post-quantum signature design for enhancing wallet security against quantum computing threats.

user avatarDavid Robinson

Bitcoin Faces Major Liquidation Event Amid Price Fluctuations

chest

Bitcoin traders faced significant liquidations as the price fluctuated sharply, resulting in nearly $980 million in liquidations within 24 hours.

user avatarMaria Gutierrez

Sky Governance Forum Emphasizes Editorial Policy

chest

The Sky Governance Forum has established a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.