• ENS Labs is proposing expanding to a Layer 2 network and renaming itself ENSv2. This proposal promises to further decentralize and enhance ENS' utility and flexibility beyond Ethereum mainnet's limitations. ENSv2 will reduce gas costs, increase transaction speeds, and introduce a hierarchical registry for .eth names, offering more customization and better multi-chain interoperability.

    Hi Impact
    Wednesday, May 29, 2024