The ENS company announced the launch of a second-layer blockchain network "Namechain" using zero-knowledge technology to reduce costs and improve scalability, with the launch scheduled for the end of 2025 🚀

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ENS company is developing a second-layer blockchain network "Namechain" that will use zero-knowledge technology for scaling and is scheduled to launch at the end of 2025. The network will allow transactions to be conducted off the main Ethereum network, reducing costs while maintaining its security. Namechain will use Ethereum Virtual Machine-compatible infrastructure. The ENS upgrade, including the transition to the second-layer (ENSv2), will ensure compatibility with the current version and reduce user fees.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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