ENS core developers: It is currently difficult to change ENS pricing, and Vitalik's proposal does not consider accessibility
Chain Catcher news, this week Ethereum co-founder Vitalik published an article on his personal website discussing whether ENS domain names should introduce demand-based recurring fees. Vitalik believes that current ENS domain names are very cheap, which raises the trade-off between property rights intensity and fairness, and the high speculation in the ENS secondary market cannot ensure market effectiveness.In response, ENS core developer Jeff Lau addressed this on social media. He pointed out that he could not think of any way to allow the pricing system to self-sustain without intervention, and to create a pricing system that cannot be speculated on. Therefore, ENS ultimately decided to maintain price acceptability but charges more for shorter domain names. Allowing dynamic pricing/renewals could be helpful, but it is too late now. The current ENS system is functioning well, and the pricing is reasonable enough to see some domains expire. Vitalik's paper is more about the congestion issue in the domain space (which can be solved through subdomains) and providing more funding to ENS DAO to support public goods, but accessibility has not received enough attention. Although ENS pricing is designed to be changeable, it is currently difficult to change. (Source link)