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ENS Shifts From Namechain L2, Deploys ENSv2 Fully on Ethereum Mainnet


by Peter Mwangi
for CoinEdition
ENS Shifts From Namechain L2, Deploys ENSv2 Fully on Ethereum Mainnet

Share:

  • 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.

Read the article at CoinEdition

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ENS Shifts From Namechain L2, Deploys ENSv2 Fully on Ethereum Mainnet


by Peter Mwangi
for CoinEdition
ENS Shifts From Namechain L2, Deploys ENSv2 Fully on Ethereum Mainnet

Share:

  • 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.

Read the article at CoinEdition

In This News

Coins

$ 2.09K

+2.18%

Share:

In This News

Coins

$ 2.09K

+2.18%

Share:

Read More

Bitcoin Price Soars: BTC Achieves Monumental Break Above $69,000 Milestone

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