ENS’s decision to move forward with ENSv2 follows a series of other announcements from major crypto companies showcasing their own Layer 2 projects. Recently, the teams behind decentralized finance project Uniswap, l Crypto exchange Kraken and Sony’s Blockchain Labs have revealed plans to launch their own stacking networks. However, instead of ZK rollups, these projects use Optimism’s Layer 2 technology, known as OP batterywhich allows developers to clone its code to create their own blockchains.