Ethereum Name Service has updated its roadmap to include Layer 2 interoperability with ENS domains.
The team said it identified Layer 2 interoperability as a crucial upgrade in the pipeline. Layer 2 solutions, such as Arbitrum and Optimism, are ‘off-chain’ mechanisms designed to handle transactions away from the Layer 1 Ethereum blockchain to improve scalability and reduce costs. By providing a mechanism for Layer 2 solutions to interact with ENS domains, the team aims to make domain name registrations and transactions more accessible to a broader user base.
The team plans to utilize off-chain resolvers with the help of an ENS off-chain registrar contract and various service providers, including the Coinbase-operated projectThe team announced that web-integrated domain name TLDs, including .art and .box, arewith ENS Labs for close integration. This will allow users to register browser-supported names via ENS. Furthermore, it will also enable DNS names to be traded as NFTs on the Ethereum blockchain for the first time this year.
In this context, a new roadmap feature discussed during the call and included in the roadmap is the option to import DNS, the web naming protocol, into ENS at no transaction costs, thus making it"gasless." This feature, slated for release in the fourth quarter of the year, has the potential to improve web accessibility to the ENS ecosystem and lower the barrier to entry for traditional internet users, ENS Labs noted.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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