According to an interview with foreign media, Khori Whittaker, executive director of Ethereum domain name service provider ENS, revealed that they plan to use Optimism technology to build a dedicated Layer2 network in the future to promote the ENS protocol and other ecosystems System integration. This move will bring more development opportunities to ENS and further enhance its importance in the Ethereum ecosystem.
ENS plans to build its own Layer2 network
The ENS team is studying how to extend the Ethereum domain name service to Layer2, and is even considering using another network layer to implement cross-network services.
We are currently considering internally whether to choose the existing Ethereum Layer 2 project or launch a new L2 network on our own.
Born for cross-chain services: ENS dedicated Layer2
Whittaker said that the ENS team is focusing on the research and development of Layer2 technology, especially the exploration of Optimism technology. It is understood that discussions among developers mainly focus on how to optimize Optimism technology. However, the team is also considering using zero-knowledge proof technology in the future to ensure the security of information on the chain. This technology will become a key element in ensuring system security.
The project, currently known as the identity layer, is expected to see initial results this year.
Want to solve the problem: the consensus of ENS is only in the Ethereum ecosystem
Whittaker said that the current development of ENS, the biggest challenge facing the business model comes from its protocol structure and the market is limited by the Ethereum ecosystem within the system.
The value of a domain name lies in its available scope. ENS, from its own name, existing technical architecture to market recognition, is undoubtedly valuable only in the Ethereum ecosystem. However, with the diversified development of other ecosystems, if ENS is limited solely because of technical limitations, it will be detrimental to the long-term development of the ENS business model.
Therefore, it is crucial to promote protocol services to other ecosystems. The first attempt will be to integrate the Ethereum Layer 2 network ecosystem, and the most feasible approach may be to use CCIP Resolvers or build an identity layer. Handle off-chain domain name reading mechanism.
ENS regards integration as the key to its growth strategy
In fact, we can learn about its service development strategy from the trends of the ENS team in recent years: integration. Whether it is planning to use the Layer 2 network to construct cross-chain protocol services, or adding the function of off-chain information reading by CCIP Resolvers, or the zero-cost DNS import service launched a few days ago, and the cooperation with GoDaddy, all show the foundation of integration. Importance of facilities.
By building a complete infrastructure, integrating the Layer 2 ecology and even the traditional market outside the chain, making the potential market accessible to ENS larger and ensuring future large-scale development has been the ENS team’s continuous efforts in the past two years. direction.
However, the market is changing rapidly. With the development of other ecology, the threat of competitors and Ethereum substitutes is increasing, and the time left for the ENS team may not be long. We look forward to seeing more new features and how ENS responds to challenges in the future.
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