📢 Ethereum Name Service (ENS) is planning a big update, folks! They're moving to a layer-2 network to cut down those pesky gas fees and speed up transactions. This new version, ENSv2, is all about improving scalability and functionality. It's like moving from a crowded city to the open countryside - more space, less hassle! Plus, it introduces a new registry system for managing .eth domain names. Users will be able to customize their name’s governance, including expiration and transfer rules. If ENS doesn't migrate, users will miss out on lower fees and faster speeds. So, buckle up for a smoother ride with ENSv2! 🚀