Coinspeaker
ENS Labs Set to Launch Namechain Layer 2 Network Next Year
ENS Labs, the team behind Ethereum Name Service (ENS), plans to launch a dedicated layer 2 network called Namechain by the end of next year. The initiative aims to advance Ethereum’s infrastructure. Chief Operating Officer Katherine Wu shared details with CoinDesk, revealing the sophisticated technology behind Namechain.
Using zero-knowledge rollups, Namechain will boost transaction speeds and cut costs by compressing data before publishing it on-chain. According to ENS Labs’ press release, this approach enables Namechain to handle transactions off the main Ethereum network while preserving Ethereum’s full security at a significantly lower cost.
The network will build on an existing Ethereum-compatible zero-knowledge chain. Wu indicated that ENS Labs is finalizing the choice of zkEVM to integrate, a decision reflecting the company’s dedication to secure, cost-efficient operations for users.
ENS
We współpracy z: https://www.coinspeaker.com/ens-labs-set-launch-namechain-layer-2-network-next-year/
