This article comes fromTwitter, original author: ENS core developer Jeff Lau

Odaily Translator |

On September 9th, Ethereum co-founder Vitalik Buterin published on his personal websitearticlearticle

, discussing whether a demand-based recurring fee should be introduced for ENS names. V God said that today's ENS domain names are very cheap, which has caused a trade-off between property rights strength and fairness, and the highly speculative nature of the ENS secondary market cannot ensure the effectiveness of the market. Therefore, Vitalik proposed to consider introducing demand-based recurring fees for ENS domain names, that is, to bid for the annual fee of ENS domain names, so as to price the high-demand ENS domain name annual fees in a market-oriented manner. This approach increases the cost of squatting and at the same time increases revenue for the ENS DAO.

In this regard, ENS core developer Jeff Lau posted a post on social media to refute Vitalik Buterin's point of view. She pointed out that despite the opposition from the ENS community, she is very grateful to Vitalik Buterin for expressing her thoughts on this topic. Over the past 5+ years, developers have thought long and hard about pricing ENS domain ownership, and V God has actually paid more attention to the issue of ENS "money" than the issue of user accessibility, so Need some clarification and dig into general ideas about ENS:

In 2018, ENS held a workshop in London and one of the attendees suggested charging renewal fees based on registration requirements. While an attractive proposition, we clearly realized that this initiative could be exploited and dropped the idea.

In fact, ENS developers have not yet been able to construct a way to have a self-perpetuating pricing system without intervention and create an ungameable pricing system. So after much discussion, it was finally decided to keep the more reasonably low pricing but charge more for shorter domain names.

In hindsight, "3 letter" domains do get snapped up too quickly, so there is indeed an issue with lower pricing, so allowing dynamic pricing/renewal might help, such as having to pay high for domains that aren't in use A "tax" that eventually forced the holders to release some of these domain names. Personally I think it's possible to do this, but those ideas seem too late now, and the current ENS system is working well and pricing is reasonable enough, and we've seen some domain names expire.However, from the perspective of V God, he may pay more attention to the "congestion problem" of the domain name space, so he hopes to allocate more funds to ENS DAO to fund the construction of public products. but i think

Vitalik did not think so much about accessibility, which is also very important to the ENS protocol and ENS DAO, even more important than solving the "congestion problem".

I think that subdomains might be the answer to this question. While Vitalik predicts that there will no longer be any meaningful .eth names available for registration in the future, this problem can be solved by replacing .eth with subdomains, which can be free or very cheap. Frankly speaking, subdomains can solve at least two problems:

1. The "congestion problem" of some high-value domain names in the domain name space (such as some domain names based on 5 letters);

2. The price of .eth domain names soared rapidly in the secondary market.

Still, Vitalik "handing over single-letter domains only to running some other trusted neutral marketplace for their subdomains" is an interesting idea that would work perfectly with the NameWrapper contract. But with subdomains, ENS can create almost unlimited possibilities (although V god gave a bad example, such as replacing foo.eth with foo.x.eth), I think Google email is a good example, such as Googlemail .com and Gmail.com serve exactly the same purpose, depending on the brand of course. Sites like Twitter are adopting a similar solution, and in fact Twitter can be accessed from username-based addresses such as Twitter.com/VitalikButerin and vitalikbuterin.twitter.com/ (https://t.co/fDb0JL6ZtB) Can locate V God's personal social media account. Today, short and meaningful Twitter names are popular with users and are also sought after on the secondary market.

Of course, I am not saying that I completely disagree with V God’s other ideas. For example, V God mentioned that the idea of ​​forcing these registrants to provide a certain percentage of subdomain registrations to the DAO is very good, which will create another domain on top of .eth. A revenue stream to support the ecosystem and allow DAOs to earn more money through general public goods. As for V God's idea of ​​using bids as "input", it may be too complicated for me. If ENS had a cypherpunk-style on-chain domain buying and selling system, this could mean tens of thousands of bids would be posted on-chain.i think at leastAt onceAt this stage, ENS pricing is really hard to change

In any case, we should welcome any ideas and discussions about the development of ENS domain names, even if some positions conflict with our personal positions.

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