The Ethereum Domain Name System will undergo a major upgrade to convert domain names into non-homogeneous tokens

According to Coindesk, the domain name system of the Ethereum blockchain network is preparing for a major upgrade early next month. At the heart of this upgrade is the process of replacing the Ethereum name service registrar to greatly speed up the process of registering .eth, .xyz and .lux domains. More importantly, domain names registered on ENS will be treated as non-homogeneous tokens (NFT), allowing them to be purchased and exchanged like other NFTs on the Ethereum network. Previously, Nick Johnson, chief developer of Ethereum Name Service (ENS), said that users who registered domain names had a year to move their domain name to a new registar after May 4, which would replace the existing domain name. .