🔭Teaching You to Understand Ethereum 3.0 and ENS at a Basic Level

ENS and namechain are important infrastructures of the Ethereum 3.0 Beam Chain.

ENS is Vitalik and the Ethereum Foundation's elite squad 😎.

Namechain is not an ordinary Layer 2; there are ample reasons to fully embrace ZK.

In this week's internal high-level meeting of ENS, the latest decision ㊙️,

will introduce the underlying ZK algorithm optimization solution provider 🌛'M**n' to assist in the integration of a specific ZK algorithm for namechain.

🥇ENS domains will support Ethereum's first ZK application scenario.

🍗Here's a practical example:

B is a potential domain buyer who wants to purchase a certain domain.

A claims to have 20 domains, including the one B wants to buy.

B says: Show me your address, and use your wallet to send 0.1 ETH to xx address; only then will I believe that wallet is yours, and I will also trust that the 20 domains in that wallet belong to you.

A replies: But I don’t want to show you my other domains; I just want to prove that I indeed own the specific domain you want.

Under the current technical conditions of Ethereum, this scenario cannot be satisfied.

🎱What about the future?

A says, no problem. Then pulls out a very portable device, like a personal DePIN device, and immediately generates a ZK Proof that can prove A indeed owns the specific domain B wants.

A does not need to disclose their wallet address or reveal their other domain inventory, while still allowing B to trust that this domain transaction can take place.

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99.99% of people do not understand ENS.

They do not understand namechain.

They also do not understand Ethereum 3.0.

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