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Ethereum Name Service Team Asks DAO to Switch On ENSv2 and Freeze New .eth Sign-Ups on v1

By Unchained

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AI summary of the source article

ENS Labs has submitted a governance proposal asking the ENS DAO to activate ENSv2 on Ethereum mainnet. The transition freezes new .eth registrations on the v1 registrar and eventually passes administrative control of v2 contracts to the DAO timelock.

Why it matters

"When that’s done, the DAO controls ENSv2 just as it controls v1 today, and Labs holds no privileged role in either," the post said.

Key facts

  • ENS founder Nick Johnson published an executable proposal on Oct. 11 to activate ENSv2 on Ethereum mainnet.
  • ENSv2 reduces the post-expiry grace period from 90 to 28 days, adding 62 days to existing v2 expiries to compensate.
  • ENS Labs will renounce its administrative roles over the v2 contracts, leaving the DAO in control with no privileged role for Labs.

Source excerpt · Unchained

Under the executable posted to the ENS forum, .eth sign-ups would pause for what Labs expects to be a few hours before reopening on ENSv2, and current names keep working with no action needed. The post Ethereum Name Service Team Asks DAO to Switch On ENSv2 and Freeze New .eth Sign-Ups on v1 appeared first on Unchained .