• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

ENS Proposes L2 Registry Migration To Cut Domain Costs

Moussa by Moussa
September 4, 2026
in Bitcoin
0
Bitcoin Dominance Chart Remains Very High Despite Crash, What This Means For Altcoins
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum Name Service has opened discussion around an ENSv2 migration proposal that would move domain registration and renewal resolution toward a Layer-2 registry model.

Related articles

SEC Approves Options Trading For WisdomTree Bitcoin Fund

September 4, 2026
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Tokenized Gold Explored as Collateral for SOL Staking

September 4, 2026

The idea is pretty straightforward: ENS works, but Ethereum mainnet fees can make everyday domain actions expensive. Moving more of that activity to Layer 2 could reduce costs while keeping links back to Ethereum’s security model.

This is still an early governance stage.

The proposal is a temp check, not a completed migration. It has not passed a full executable DAO vote, and users should not treat it as already implemented. But it is a meaningful direction for one of Ethereum’s most recognizable identity systems.

For more details, visit the official Discuss platform.

TL;DR

  • ENS is discussing an ENSv2 migration toward a Layer-2 registry.
  • The proposal aims to reduce registration and renewal costs.
  • It is an early governance discussion, not an implemented migration.

Why ENS Needs Lower Costs

ENS is one of Ethereum’s simplest consumer products.

Instead of using long wallet addresses, users can register readable names. That makes wallets easier to share, payments easier to understand, and identity easier to build across apps.

The problem is cost.

When Ethereum mainnet fees rise, simple actions like registering, renewing, or managing names can become annoying or expensive. That limits how broadly ENS can be used, especially for smaller users.

A Layer-2 registry model could help by moving more routine activity onto cheaper infrastructure.

Keeping Ethereum Security In The Picture

The challenge is not just moving to L2.

ENS has to preserve the trust assumptions that made it valuable in the first place. Users want lower fees, but they also want confidence that names remain secure, durable, and connected to Ethereum’s settlement layer.

That is why the proposal matters.

It is trying to find a balance between cheaper user actions and strong security proofs. If that balance works, ENS could become easier to use without losing the trust that comes from being rooted in Ethereum.

Governance Comes First

ENS is governed by a DAO, so major changes need community discussion and approval.

The current proposal is still in the early discussion phase. That means delegates, users, developers, and service providers can debate trade-offs before anything becomes final.

That process may feel slow, but it is important.

Name infrastructure is sensitive. If ENS changes how registration and resolution work, the ecosystem needs time to understand the implications.

Cost Savings Need Careful Wording

The proposal aims to reduce gas costs sharply, but cost-saving claims need to be tied to the final design.

Layer 2s can make transactions much cheaper, but actual savings depend on implementation, network fees, bridging assumptions, proof systems, and how users interact with the new registry.

So the right view is that ENSv2 could significantly reduce costs if adopted and implemented successfully.

It is not a guarantee today.

The Bigger Ethereum Identity Story

ENS has remained one of Ethereum’s most recognizable non-financial protocols.

It is not just about speculation. It is about identity, payments, wallets, websites, and user experience. If ENS can make names cheaper and easier to manage, it could become more useful across the Ethereum ecosystem.

That is why the L2 migration proposal matters.

It shows ENS trying to adapt to where Ethereum is going: a world where mainnet anchors security, while more user activity happens on Layer 2.

The proposal is early, but the direction makes sense.

This article draws on ENS governance materials relating to the ENSv2 Layer-2 registry migration proposal.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information released by Discuss. at Discuss

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Share76Tweet47

Related Posts

SEC Approves Options Trading For WisdomTree Bitcoin Fund

by Moussa
September 4, 2026
0

The SEC has approved a Cboe Options Exchange rule amendment allowing listed options on the WisdomTree Bitcoin Fund, opening another...

Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Tokenized Gold Explored as Collateral for SOL Staking

by Moussa
September 4, 2026
0

Key TakeawaysFlowra and KorDA signed a MOU to use KGLD gold-backed tokens as Solana validator collateral.The move targets a growing...

Unable to decrypt wallet.wallet file

by Moussa
September 4, 2026
0

I have a wallet.wallet file that I think was created with Android bitcoin wallet or Multibit. It's base64 encoded. Putting...

XRP Price Prediction: XRP Jumps +4% And Could It Target $2?

by Moussa
September 4, 2026
0

XRP slipped to $1.32 on Wednesday, even as U.S. spot XRP ETFs logged their 11th straight day of net inflows....

Bitcoin Dominance Chart Remains Very High Despite Crash, What This Means For Altcoins

Aave Governance Approves Base Parameter Update For v3 Markets

by Moussa
September 4, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Aave governance has approved a Base mainnet...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News