Ethereum Name Service Queues Upgrade to Close Old Registry to New Registrations
(1 hour ago) · 1 source · Summarized by CryptoBipto
The Ethereum Name Service (ENS) has queued an upgrade that will stop new name registrations on its original version 1 registry. The move is part of the transition to ENSv2, which is intended to replace the older system. Existing ENSv1 names are expected to remain functional, but new registrations will shift to the updated infrastructure.
WHY IT MATTERS
Think of ENS like a phone book for crypto wallets. Instead of sharing a long string of random letters and numbers as your wallet address, you can register a simple name like 'yourname.eth' and people can send you crypto using that name. ENS is now preparing to move from its original system (version 1) to a newer one (version 2). This upgrade means that if you want to register a new name, you will soon need to use the new system. If you already have a name on the old system, it is expected to keep working. This is similar to when a website upgrades its platform — the old content usually still works, but new features and registrations move to the updated version.
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- thedefiant.io
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