ENS' decision to move forward with ENSv2 comes on the heels of a series of other announcements by major cryptocurrency companies announcing their own Layer 2 projects. Recently, the teams behind decentralized finance project Uniswap, cryptocurrency exchange Kraken, and Sony's Blockchain Labs announced plans to launch their own rollup network. However, instead of ZK rollups, these projects use a Layer 2 Optimism technology known as OP Stack, whose code can be cloned by developers to create their own blockchains.
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Ethereum’s ENS ID system to launch its own Layer 2 blockchain
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