A new draft proposal for the Ethereum Name Service would halt all new ENSv1 registrations while activating ENSv2. Existing .eth domain holders could remain on ENSv1 indefinitely with no mandatory migration deadline under the current plan. The proposal specifies that migrating a domain from ENSv1 to ENSv2 would be an irreversible action. This framework aims to transition the protocol to its next iteration while preserving access for legacy users who choose not to upgrade.