The emergence of digital assets and other relative digital resources, we have witnessed a total transformation of the digital world and the crypto space. Layer 1’s blockchain technology and its broad development(s) which amongst whom is the ENS (Ethereum Naming Service) which a specific name is used and registered to make on-chain transactions/payments.
The project which is built on Layer 1 chain (ethereum), is said to be a critical part of the Ethereum ecosystem encouraging other layer 2 projects to integrate with the naming service. Owning an ethereum naming service cost averagely 8$ to own one. The Ethereum founder Vitalik in a tweet on X encouraging all Layer 2 - 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!”
CCIP you don’t know what it means? Here is an explanation check out more information about the etherum CCIP.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform.
Twitter:Hironakamura