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ENS’ director of operations says that DAO-based governance ‘has always been the plan’
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cointelegraph.comOn Monday, distributed domain protocol Ethereum Name Service, or ENS, launched its own governance token in an effort to distribute voting rights for its new decentralized autonomous organization, or DAO, to active users of the ecosystem.
Cointelegraph spoke with Brantly Millegan, ENS’ director of operations, to learn more about the nonprofit’s decision to shift to a DAO model and his thoughts on the power of the ENS community:
He noted that previously, ENS was controlled by a four-of-seven multisignature scheme, with members of related projects acting as keyholders. They facilitated upgrades, managed the .eth pricing registration mechanism for domain names and handled the ENS treasury’s funds.
Replacing this multisig and passing ENS
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