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Cryptocurrency News Articles
ENS (Ethereum Name Service) Has Made a Significant Step Ahead by Using Linea's zkEVM Technology to Develop Namechain
Dec 19, 2024 at 07:00 pm
Designed to solve some of the most urgent problems in the Ethereum ecosystem, namely the demand for faster and more affordable transactions
Ethereum Name Service (ENS) has taken a major step forward by utilizing Linea's zkEVM technology to create Namechain, a Layer 2 network.
This innovative endeavor aims to resolve pressing issues within the Ethereum ecosystem, particularly the need for faster and cheaper transactions. Namechain will maintain full compatibility with the Ethereum blockchain, rendering processes related to .eth domains, such as registration and renewal, significantly less expensive and more efficient.
This advancement is poised to enhance the user experience and bolster the accessibility of ENS services for both individuals and organizations alike.
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- Tether Freezes $10M in USDT Tied to CryptoBilis Ledger Theft: A Deep Dive into Stablecoin Security
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