Ethereum Name Service has opened discussion on an ENSv2 migration proposal that would move domain registration and renewal resolution toward a Layer-2 registry model. The goal is to reduce costs associated with Ethereum mainnet fees while preserving links to its security model. The proposal is still at an early governance stage and has not undergone an executable DAO vote. If adopted, this migration could significantly reduce gas fees for users while maintaining the connection to Ethereum’s Layer 1.
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