Ethereum Name Service (ENS) announces the launch of a brand new Layer 2 network - Namechain! This innovative project is expected to go live by the end of 2025, aiming to achieve lower-cost transactions through zero-knowledge proof technology while maintaining the security of Ethereum.

The highlight of Namechain is its interoperability, allowing users to start using ENS from any L2 network, thereby lowering the entry barrier. ENS co-founder Jeff Lau emphasized that Namechain will no longer measure success by TVL, but will focus on user experience and decentralization.

What are your thoughts on the future development of ENS? Feel free to share your views in the comments!