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ENS seeks approval for major .eth domain upgrade

ENS seeks approval for major .eth domain upgrade

Photo: crypto.news

Ethereum Name Service (ENS) has moved closer to launching its ENSv2 upgrade after founder Nick Johnson submitted a governance proposal seeking approval to activate the new naming system on Ethereum mainnet. ENS founder Nick Johnson has proposed activating ENSv2 on Ethereum mainnet through decentralized governance voting. New .eth registrations would pause temporarily while the protocol transitions between its two naming systems. Existing domain owners can retain and renew their names without migrating to the upgraded protocol. ENSv2 introduces flexible domain permissions and decentralized management through a redesigned registry system for users.

Source: crypto.news

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