Quick Take
ENS Labs partners with Linea to build Namechain.
Relay introduces Deposit Addresses.
Aligned introduces its ALIGN Genesis Drop.
Fuel releases its FUEL eligibility checker.
ENS Labs Selects Linea For Namechain
ENS Labs announced that it has selected Linea’s ZK stack for the deplployment of Namechain, a zkEVM-based Layer 2 solution designed to enhance cost efficiency, performance, and the developer experience for ENS. ENS Labs chose Linea for its Type-2 zkEVM, high-performance prover, and commitment to Ethereum’s principles. Namechain is an integral part of the ENSv2 upgrade, which migrates primary .eth domain activities to Layer 2. It includes introducing new core contracts on both layers, deploying essential ENS infrastructure on Layer 2, and integrating the updates with the legacy system. While domain registrations and renewals will transition to Layer 2, name resolution will continue on Ethereum Layer 1. Linea is an EVM-equivalent ZK-rollup developed by Consensys. Linea was the first L2 network to deploy a trustless L2 resolver for ENS domains. Linea was also the first zkEVM to implement CCIP Read, a standard that enables the retrieval of offchain or cross-chain data, such as ENS domains. Over 500k ENS subnames have been registered on Linea to date.
Relay Introduces Deposit Addresses
Relay Protocol introduced Deposit Addresses, a new feature enabling users to send funds to a Relay Deposit Address from any chain for seamless cross-chain bridging. The service facilitates fund transfers without the need for users to connect their wallets and supports major tokens across EVM chains, Solana, and Bitcoin. The service features automated error correction for transfers made to incorrect chains, duplicate deposits, and partial deposits. In cases of transaction issues, the system can automatically issue refunds to the original chain. Service integration for bridge providers involves setting a specific parameter in their API request, which prompts the system to generate deposit addresses as needed. The feature will soon be integrated into Relay’s user interface.
Aligned Introduces ALIGN Genesis Drop
Aligned initiated the ALIGN Genesis Drop, allowing users to check if they qualify for ALIGN tokens and register a recipient address. The registration period for eligible users will close on December 23rd. ALIGN serves as a utility token, facilitating payment for proof verifications and dual staking to boost the security of the Aligned network. To be eligible for this drop, users must have held at least $50 USD worth of either MINA, STRK, POL, EIGEN, SCROLL, ZK, or TAIKO tokens at their historical lowest price. ALIGN has a total supply of 10 billion tokens, with 3 billion initially circulating and 2.6 billion allocated to the community. Aligned also allocated 1.5% of its supply to the Protocol Guild. Aligned aims to provide high throughput and cheap proof verification with low latency. Its first product, built as an Actively Validated Service (AVS) on top of EigenLayer, is currently live on mainnet beta.
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