Ethereum's ENS (Ethereum Name Service) is gearing up to launch its own layer-2 blockchain, called "Namechain." This new blockchain is designed to use a zero-knowledge rollup, a technology aimed at improving scalability. Zero-knowledge rollups allow for more transactions to be processed efficiently and securely.
The development of Namechain is part of ENS's ongoing efforts to enhance the identity system within the Ethereum ecosystem. By deploying its own layer-2 solution, ENS aims to provide a more robust and expandable platform for its users.
The implementation of Namechain is expected to advance the Ethereum Name Service by reducing congestion and providing faster transaction times. The launch is anticipated to occur towards the end of 2025, marking a significant step in ENS's technological evolution.
Overall, the introduction of Namechain demonstrates ENS's commitment to embracing cutting-edge solutions like zero-knowledge rollups to maintain its competitive edge and address scalability challenges in the blockchain space.
