MultiversX Tracker is Live!

ENS seeks DAO approval to activate upgraded Ethereum naming system

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 2 Views

ENS seeks DAO approval to activate upgraded Ethereum naming system

New .eth registrations would pause for hours during the transition, while existing domain holders could renew their names without migrating.

Ethereum Name Service (ENS) is seeking approval from its decentralized autonomous organization (DAO) to activate an upgraded naming protocol on the Ethereum mainnet.&

ENS founder Nick Johnson submitted an executable draft proposal to activate ENSv2, the next version of the protocol. If approved, the upgrade would freeze new registrations on the original ENS registrar while allowing existing domain holders to continue renewing their names.&

The upgrade introduces a redesigned registry architecture with more flexible domain management and permissions. After the activation, ENS Labs plans to transfer its remaining administrative control over the upgraded contracts to the DAO.&

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments