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ETH Naming Service (ENS) announced the launch of its exclusive Layer 2 network Namechain, expected to go live by the end of 2025. Namechain will ensure Ethereum-level security through Zero-Knowledge Proof technology while dropping transaction costs. The network will feature built-in L2 to L2 bridge functionality, enhancing interoperability and lowering the user barrier. Jeff Lau, co-founder of ENS, emphasized that Namechain will prioritize decentralization and fast finality, promoting flexibility and cost-effectiveness in naming services.
View OriginalETH Naming Service (ENS) announced the launch of its exclusive Layer 2 network Namechain, expected to go live by the end of 2025. Namechain will ensure Ethereum-level security through Zero-Knowledge Proof technology while dropping transaction costs. The network will feature built-in L2 to L2 bridge functionality, enhancing interoperability and lowering the user barrier. Jeff Lau, co-founder of ENS, emphasized that Namechain will prioritize decentralization and fast finality, promoting flexibility and cost-effectiveness in naming services.