Ethereum Name Service Seeks Approval for Major .eth Domain Upgrade to ENSv2
The Ethereum Name Service (ENS) is moving forward with its ENSv2 upgrade, with founder Nick Johnson submitting a governance proposal for its activation on the Ethereum mainnet. This upgrade aims to introduce a redesigned naming structure for .eth domains, enhancing ownership control and permissions. The proposed activation process involves a temporary pause on new .eth registrations through the original registrar, followed by a synchronization of existing domain records to ensure ownership preservation during the transition to ENSv2. Existing domain holders will not be required to migrate their names immediately and can continue to use and renew them under the current system. ENSv2 replaces the original flat registry structure with a system of connected registries, allowing domain owners more granular control over names and subdomains.