ENSv2 Development Update: Exploring Three Key Options

According to Foresight News, the ENSv2 development team has provided an update on their progress, focusing on three main options for the architecture of ENSv2. The first option involves directly extending ENS to existing public ZK blockchains such as Scroll and Taiko, or utilizing Optimistic L2 with ZK proof capabilities. This option offers the lowest development and long-term maintenance costs but sacrifices some governance independence over the public chain. The second option is to deploy a proprietary ZK chain instance, which would provide the team with greater flexibility. The third option involves developing a custom zkVM (zero-knowledge virtual machine) optimized specifically for ENS operations, in collaboration with Axiom. The ENS team plans to test the performance, cost efficiency, and scalability of these three paths, using specific data to guide their decision-making process. Additionally, the team is improving the ENSv2 architecture, including a layered registry system and an updated universal resolver. To support this work, ENS DAO is preparing a funding proposal that will outline the resources needed to implement ENSv2. The current goal of the team is to present a final recommendation for the ENSv2 L2 strategy in the coming months.