According to Wu, ENS DAO representative nick.eth has submitted a draft executable proposal to activate ENSv2 on the Ethereum mainnet. The plan includes halting new .eth domain registrations on ENSv1 and transferring ownership of the original registration contract to a contract that only supports renewals. Once the proposal is executed, ENS Labs will complete the synchronization of existing domain data, open ENSv2 registration, and switch domain resolution services, ultimately transferring full management authority of ENSv2 to ENS DAO. ENSv2 will adopt a hierarchical registry structure, enabling more granular subdomain permission management. Existing .eth domains do not require mandatory migration and can continue to be used and renewed, but once migrated to ENSv2, the process is irreversible. https://(wublock123.com)/news/ens-dao-proposes-ensv2-mainnet-activation-no-mandatory-eth-migration-69944