The vote to transfer control of the ENS root node to the DAO passed
On December 18th, according to the announcement made by Nick Johnson, the founder and core developer of Ethereum Name Service (ENS), the proposal for the ENS DAO, a governance organization controlled by ENS token holders, to "obtain control of the ENS root node" has been unanimously approved.
To respond to these voting results, he created a transaction to execute two actions, transferring root control to the DAO address (wallet.ensdao.eth). This transaction will transfer all remaining multisig responsibilities to the DAO, thus "completely abolishing multisig". It is currently unclear whether other multisig owners have approved the transaction.
Individuals who previously managed the ENS multisig include Sergey Nazarov of Chainlink, Dan Finlay of Metamask, Taylor Monahan of MyCrypto, Aron Fischer of Colony, Jason Carver and Martin Swende of the Ethereum Foundation, and Johnson himself.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CyberKongz Receives SEC Wells Notice, Vows to Fight for NFT Regulation Clarity
Under-the-Radar” Cryptos Closing in on the $1 Mark for 2024
OpenLedger Boosts AI Blockchain Security with Ether.fi Partnership