Ethereum Name Service Plans .eth Overhaul with Permanent Migration Catch for Domain Holders

Overview of the Proposed ENSv2 Upgrade

ENS has proposed a major overhaul of its .eth domain system, allowing users to keep their current names indefinitely while offering a permanent migration option for those who want access to upgraded features. The proposal includes changes to registration fees, registration costs, and domain expiration rules.

Key Features of ENSv2

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Challenges and Uncertainties

The activation process presents additional operational challenges, including temporarily suspending new registrations while developers synchronize existing records and activate the new infrastructure. The proposal includes conflicting provisions on renewals during that interval, leaving uncertainty about whether existing holders can renew names before ENSv2 becomes operational. Wallets and applications integrating ENS must also update their resolution infrastructure to support the new system.

Governance Vote and Next Steps

The proposal remains subject to approval by the ENS DAO, whose Oct. 12 governance bulletin listed the vote as pending. ENS has not announced a launch date. Following approval, ENS Labs would complete the final synchronization, activate ENSv2 registration and resolution, and transfer its remaining administrative permissions to the DAO.