Vitalik Buterin Suggests Recurring Fees For ENS Domains Based On Demand

According to Foresight News, community user superthing.eth tweeted that Ethereum co-founder Vitalik Buterin has proposed that ENS (Ethereum Name Service) domains should charge recurring fees based on demand. The annual cost of maintaining a domain would reflect market demand. In response, Vitalik Buterin confirmed that he still believes it is a good idea for ENS domains to implement recurring fees based on demand, particularly a version with a cap. This approach aims to align the cost of domain maintenance with the actual market demand, ensuring a fair and sustainable system for users.