Crypto
ENS halts own layer 2 work, focuses on Ethereum mainnet
Ethereum Name Service (ENS) will operate its next-generation protocol, ENSv2, only on the Ethereum mainnet and has stopped development of Namechain, its own layer 2 solution prepared for more than two years, The Block reported. Co-founder Nick Johnson said Ethereum has scaled much faster than expected. ENS had planned to cut .eth registration and update costs using a ZK-rollup-based layer 2, but said lower gas fees and a higher gas limit improved mainnet economics.