ens.eth
@ensdomains
Introducing ENSv2: The Next Generation of ENS 🎉🎉🎉 ENS Labs is excited to announce our proposal to extend the ENS protocol to a Layer 2 network. This move isn't just about migrating parts of the protocol; we're re-envisioning the architecture from the ground up!
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ens.eth
@ensdomains
Since 2017, ENS has evolved from a simple blockchain naming service to critical infrastructure for the Internet. With millions of .eth names registered and thousands of integrations, ENS has become the bridge between the traditional internet and the decentralized web.
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ens.eth
@ensdomains
As web3 goes mainstream and more users onboard, scaling constraints have emerged. Thankfully, Ethereum's "rollup-centric" roadmap addresses this with L2 networks. They offer lower gas costs and faster transactions, making web3 more accessible to a wider range of users.
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ens.eth
@ensdomains
We've long been monitoring the state of the L2 ecosystem while also contributing with internal innovations such as CCIP-Read and the EVM Gateway. We believe that now is the right time for us to begin moving parts of ENS, such as .eth name registration, to L2.
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ens.eth
@ensdomains
Beyond the benefits of reduced gas fees and increased transaction speeds, extending ENS to use an L2 opens the door for us to re-architect ENS based on the last 7 years of our experience building at the frontier. Check the technical design doc here: http://go.ens.xyz/ensv2
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ens.eth
@ensdomains
So what's changing with ENSv2? - Lower gas costs, faster transaction speeds for .eth name management - Hierarchical registry system for enhanced customization and control - Improved multi-chain interoperability You can learn more in our latest blog post: https://blog.ens.domains/
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ens.eth
@ensdomains
We're excited to bring this proposal forward to the ENS DAO, and are eager to hear from the community. You can see the related governance post here: https://discuss.ens.domains/t/ens-labs-development-proposal-ensv2-and-native-l2-support/19232
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ens.eth
@ensdomains
We look forward to shaping the future of ENS with you all. Stay tuned for more details about the proposed migration plan, technical specifications, timelines, and more. 🤝💡
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