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#Ethereum co-founder Vitalik Buterin proposed ways to restructure the tariff plan for the Ethereum Name Service (#ENS) domain name service Referring to #OpenSea data, Vitalik Buterin noted that about 40% of all domains with a five-letter word were put up for sale at low prices on the Ethereum Name Service (ENS) platform. "Fortunately, the Ethereum Name Service charges not only a one-time fee for domain registration, but also an annual fee for its maintenance. Not all #decentralized domain name systems use this approach; for example, Unstoppable Domains does not have such a system." "It is easy for speculators to worsen the situation in the #market, even despite the well-thought-out mechanism in the protocol that encourages the direct sale of domains at fair prices." It is worth noting that the trading volume of the ENS token of the Ethereum Name Service platform over the past 24 hours amounted to $1.61 million, according to DappRadar. Also, the number of ENS traders increased by 5.86% compared to the previous day. Meanwhile, according to NonFungible, the Ethereum Name Service platform has gained incredible popularity in the last week. The number of sales on September 6 peaked at 26,610 with sales of $1.4 million.

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