ENS Plans to Launch Namechain Layer 2 Network Using Linea Technology

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

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.

Other news

Bitcoin Core Release Candidate Fixes SQL Connection Pool Deadlock

The latest release candidate addresses a deadlock issue in the SQL connection pool, crucial for node reliability.

user avatarElias Mukuru

Bitcoin Core's October 22 Release Candidate Enhances Wallet Security

The October 22 release candidate of Bitcoin Core introduces important changes to enhance wallet security by bounding fee estimates.

user avatarDiego Alvarez

Solana Launches Create for Branded Yield-Bearing Tokens

On October 22, Solana launched Create, a platform designed to simplify the issuance of branded yield-bearing tokens.

user avatarKenji Takahashi

Key Themes and Expectations for Ripple's Upcoming Conference

Key themes for Ripple's upcoming conference include payments, tokenization, stablecoins, and XRP utility, aiming to provide insights into financial relationships and technical settlement processes.

user avatarGustavo Mendoza

World Discusses Challenges in Transaction Risk Screening

World discusses the complexities of transaction risk screening, highlighting the need for thorough verification of participants and payment destinations.

user avatarRajesh Kumar

Ripple's Swell and Apex Conference Scheduled for October

Ripple's Swell conference is scheduled for October 27-29 in New York, merging with the Apex developer gathering to discuss payments, tokenization, stablecoins, and XRP utility.

user avatarMaria Fernandez

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.