🔭 Teach you how to understand Ethereum 3.0 and ENS at a basic level
ENS and namechain are important infrastructure of ETH 3.0 Beam Chain
ENS is the personal guard of Vitalik and the Ethereum Foundation 😎
namechain is not an ordinary Layer2, there are plenty of reasons to fully embrace ZK
The latest decision was made at this week’s ENS internal high-level meeting㊙️,
‘M**n’, an underlying ZKAlgorithm optimization solution provider 🌛 for Ethereum 3.0, will be introduced to namechain to help complete the integration of a particular ZKAlgorithm
🥇ENS domain name will carry the first ZK application scenario of Ethereum
🍗Give a practical example,
B is a potential domain buyer who wants to buy a certain domain name.
A said he has 20 domain names, and among them is the one that B wants to buy.
B said: Let me see your Address, and use your Wallet to send 0.1 ETH to xxAddress, then I can believe that Wallet is yours, and also believe that the 20 domain names in this Wallet are yours.
A said: But I don’t want you to see my other domain names, I just want to prove that I do have the [one] domain name you want.
Under the current technical conditions of the Ethereum network, it is not possible to meet this scenario.
🎱What about the future?
A said, no problem. Then take out a very portable device, such as a portable DePIN device, and immediately generate a ZK Proof that can prove that B does indeed have the domain name they want.
A does not need to tell B his WalletAddress, leak his other domain inventory, and can make B believe that this domain transaction can be done.
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99.99% of people didn’t understand ENS
Did not understand namechain
I didn’t understand Ethereum 3.0 either.