Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
Summary
Ethereum Name Service (ENS) Labs proposed a complete architectural redesign to transform the network into a layer-2 blockchain, aiming to reduce transaction fees. The initiative follows a trend of protocols migrating to layer-2 networks for cheaper fees and customization. ENS plans to use ZK Stack from Matter Labs for this transformation. The ENS DAO will vote on the proposal, which could take around two months.
