- ENS’ price has risen significantly in the last 24 hours.
- This was due to comments made by Ethereum co-founder Vitalik Buterin.
ENS, the governance token of the Ethereum Name Service project, climbed by 63% during the intraday trading session on 3rd January after Ethereum co-founder Vitalik Buterin stated that the domain name protocol is “super-important.”
All L2s should be working on (trustless, merkle-proof-based) CCIP resolvers, so that we can have ENS subdomains registerable, updateable and readable directly on L2s.
ENS is super-important, it needs to be affordable!https://t.co/Ice1lTttFE
— vitalik.eth (@VitalikButerin) January 3, 2024
In a post on X (formerly Twitter), Buterin said that Layer 2 (L2) platforms should prioritize building “trustless, merkle-proof-based CCIP resolvers.”
Cross Chain Interoperability Protocol resolvers (CCIP resolvers) are a key component of the Ethereum Name Service (ENS) that…
