• ENSv2 will deploy directly on Ethereum L1 as falling gas costs remove the need for a dedicated L2.
• Ethereum scaling cut ENS registration fees by about 99%, shifting the cost calculus away from Namechain.
• ENSv2 features and roadmap remain unchanged, with multi-chain resolution still fully supported.

The Ethereum Name Service has confirmed that ENSv2 will be deployed on Ethereum’s base layer, ending development of its proposed Namechain layer-2 network. According to ENS contributors, recent improvements in Ethereum’s scalability and cost structure have eliminated the original need for a dedicated ENS Layer-2.

In comments posted on X, Vitalik Buterin said ENS names and records show a high-value state that benefits from being directly accessible on Ethereum L1. He described ENS as a semi-financial application with high network importance, arguing that Ethereum’s …

Read The Full Article ENS Shifts From Namechain L2, Deploys ENSv2 Fully on Ethereum Mainnet On Coin Edition.

• ENSv2 will deploy directly on Ethereum L1 as falling gas costs remove the need for a dedicated L2.
• Ethereum scaling cut ENS registration fees by about 99%, shifting the cost calculus away from Namechain.
• ENSv2 features and roadmap remain unchanged, with multi-chain resolution still fully supported.

The Ethereum Name Service has confirmed that ENSv2 will be deployed on Ethereum’s base layer, ending development of its proposed Namechain layer-2 network. According to ENS contributors, recent improvements in Ethereum’s scalability and cost structure have eliminated the original need for a dedicated ENS Layer-2.

In comments posted on X, Vitalik Buterin said ENS names and records show a high-value state that benefits from being directly accessible on Ethereum L1. He described ENS as a semi-financial application with high network importance, arguing that Ethereum’s …

Read The Full Article ENS Shifts From Namechain L2, Deploys ENSv2 Fully on Ethereum Mainnet On Coin Edition.