The post Ethereum News: ENSv2 Drops Namechain as Ethereum Scaling Changes the Math appeared on BitcoinEthereumNews.com.

Key Insights: As per the latest Ethereum news, ENSv2 will deploy fully on Ethereum L1 as scaling cuts gas costs and removes the need for Namechain. A 99% drop in ENS registration fees reshaped the cost-benefit case for running a dedicated L2. ENSv2 keeps its roadmap and multi-chain support while aligning identity data with Ethereum’s core layer. Ethereum news updates around the Ethereum Name Service are reshaping how on-chain identity infrastructure will evolve. ENS has confirmed that ENSv2 will deploy exclusively on Ethereum’s base layer, ending development of its planned Namechain layer-2 network. The decision aligns with recent changes in Ethereum’s scaling model and a reduction in transaction costs, according to statements from ENS contributors and Ethereum co-founder Vitalik Buterin. The update marks a shift from plans announced roughly two years ago, when high gas fees made Ethereum L1 impractical for frequent ENS activity. At that time, ENS contributors viewed a dedicated L2 as the most viable path forward. Recent network upgrades have since altered that assessment. Ethereum News: ENSv2 Deployment Moves Fully to L1 ENS core contributor Katherine Wu said ENSv2 will still launch as planned, but without Namechain. Instead of deploying on an independent L2 stack, the protocol upgrade will live directly on Ethereum L1. Wu emphasized that ENSv2 remains an upgrade to the existing ENS protocol and does not alter its purpose as Ethereum’s identity layer. Wu explained that ENSv2 was designed to function on either L1 or L2 from the outset. As a result, the roadmap remains intact despite the infrastructure change. She added that deploying on L1 allows users to resolve names by querying a single chain rather than relying on cross-chain mechanisms. Source: X The decision was mainstreamed by the recent Ethereum upgrades. The Ethereum news reported that the Fusaka upgrade raised the gas…

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Filed under: News - @ February 7, 2026 6:27 pm