Vitalik Buterin asked his Twitter followers how much they consider fair to register a domain in the Ethereum Name Service (ENS) system.
91,130 people took part in the survey. Of these, 49.8% felt that the acceptable cost of registering and owning a five-character ENS domain for 100 years should not exceed $100.
The rest of the answers received much fewer votes:
- 18.4% — from $100 to $999;
- 12.8% - from $1000 to $9999;
- 18.9% — $10,000 or more. Some Twitter users described the results of the poll as expected. One of the commentators noted that domains should be free at all.
Coinbase Cloud specialist Viktor Bunin said that the cost of domain names in the ENS system “should grow exponentially over time.”
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“A good economy needs turnover. 100 years is too long. I would probably aim for $1 million for such a time frame,” he wrote.
In response, the founder of Ethereum clarified that in his scheme, the cost of renewal depends on “how high the available rates are.” The advantage, he says, is price fixing.
In July, the number of registrations in the ENS domain name system reached a record high of 1.87 million.
A month later, the indicator crossed the mark of 2 million addresses. User activity is picking up as Ethereum approaches the Proof-of-Stake consensus algorithm as part of The Merge update (tentatively September 15-16).