# ENSv2 To Deploy On Ethereum L1 > ENSv2 will now launch exclusively on Ethereum L1. ENS will discontinue development of its Namechain L2. **Published by:** [ETH Daily](https://ethdaily.io/) **Published on:** 2026-02-08 **Categories:** news **URL:** https://ethdaily.io/878 ## Content Quick TakeENSv2 sticks to Ethereum L1.Trillion-Dollar Security Dashboard.Vitalik donates to Shielded Labs.https://open.spotify.com/episode/6bWtolEPqWPG8VcB9OW1SRSponsored byArkiv.network/dailyArkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem. Find out more at Arkiv.networkENSv2 To Deploy On Ethereum L1ENS Labs announced that it will deploy ENSv2 exclusively on Ethereum L1 and discontinue development of its planned L2, Namechain. ENSv2 is a major upgrade to the ENS protocol, introducing a new registry architecture, updated smart contracts, and user-experience improvements such as stablecoin payments. The decision follows rapid improvements in Ethereum L1 scalability, including a roughly 99% reduction in ENS registration gas costs over the past year, driven by higher gas limits. ENS stated that operating on Ethereum L1 is now significantly cheaper and simpler than running a dedicated L2, while also keeping Ethereum guarantees.Trillion-Dollar Security DashboardEthereum core developer Josh Stark shared updates from the Ethereum Foundation’s Trillion Dollar Security (1TS) Initiative, a broad effort to strengthen Ethereum’s security to support trillions in value. The foundation launched trilliondollarsecurity.org, a public dashboard that highlights what makes Ethereum secure. The dashboard identifies gaps and tracks ongoing ecosystem work across UX, smart contract security, infrastructure, consensus, incident response, and governance. The initiative has funded Walletbeat to develop an ecosystem-wide wallet security baseline. The team is also advancing clear signing standards and researching transaction assertions to improve user safety.Vitalik Donates To Shielded LabsVitalik Buterin donated an undisclosed amount to Shielded Labs to support Crosslink, a security-focused upgrade to Zcash’s Proof-of-Work consensus. Crosslink adds a parallel finality layer that prevents chain reorganizations and rollback attacks, reducing double-spend risk. The funds will be used for security audits, infrastructure coordination, and development efforts to advance Crosslink to an incentivized testnet and to production.Other NewsEthereal news weekly #10 Everstake hits 1m staked ETHRonin Saigon Testnet migrationDoppler Rehype Hook live on baseBithumb recovers 600k BTC Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed. ## Publication Information - [ETH Daily](https://ethdaily.io/): Publication homepage - [All Posts](https://ethdaily.io/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@ethdaily): Subscribe to updates - [Twitter](https://twitter.com/intent/follow?screen_name=ethdaily): Follow on Twitter