ENS to Deploy ENSv2 Exclusively on Ethereum, Halts Namechain L2 Development

ENS announced Feb. 6 that it volition deploy ENSv2 exclusively connected Ethereum L1 and cease improvement of its planned Namechain furniture 2, saying caller Ethereum scaling — including a fusaka-driven state bounds summation to 60 cardinal and a 99% driblet successful ENS registration state costs implicit the past twelvemonth — made L1 the preferable platform. […]