ENS seeks DAO approval to activate upgraded Ethereum naming system

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

Ethereum Name Service (ENS) is seeking support from its decentralized autonomous enactment (DAO) to activate an upgraded naming protocol connected the Ethereum mainnet. 

ENS laminitis Nick Johnson submitted an executable draught connection to activate ENSv2, the adjacent mentation of the protocol. If approved, the upgrade would frost caller registrations connected the archetypal ENS registrar portion allowing existing domain holders to proceed renewing their names. 

The upgrade introduces a redesigned registry architecture with much flexible domain absorption and permissions. After the activation, ENS Labs plans to transportation its remaining administrative power implicit the upgraded contracts to the DAO. 

New .eth registrations would determination to the upgraded strategy erstwhile domain records person been synchronized. Johnson warned that caller registrations would beryllium temporarily unavailable connected either mentation for respective hours during the transition. 

Existing domain holders are not required to migrate, and their names would proceed functioning normally, according to the proposal. ENS Labs besides reserved existing .eth names for their existent owners connected the upgraded system, allowing users to migrate erstwhile ready. 

The activation connection remains successful draught signifier and indispensable beforehand to an onchain DAO ballot earlier implementation.

Under ENS governance rules, executable proposals require astatine slightest 1% elector participation, representing 1 cardinal ENS votes, and bulk support during a seven-day voting period. If approved, the upgrade would beryllium taxable to a minimum two-day timelock earlier execution. A voting day has not yet been announced.

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