ENS is requesting approval from its DAO to implement an upgrade to the Ethereum naming system. This upgrade would temporarily halt new .eth domain registrations for several hours during the transition process.
According to CoinTelegraph, while new registrations will be paused, current domain holders will still be able to renew their existing .eth names without needing to migrate to the new system. This approach aims to minimize disruption for current users while enabling the upgrade.
For Japanese market participants, this move highlights ongoing developments in Ethereum’s infrastructure that could influence blockchain-based naming services and related digital asset management.