Is this possible?

Hello everybody.

I recently uploaded my first item and gladly was accepted. I got a lot of comments for upgrade, but some upgrades requires heavy query and database modify. So if i recode the whole thing (besause i made some new ideas, and implenting the users request), and uploading it with the same name but the only difference is that i place a v2 or (Gold edition) at the end is that ok?

Sorry if its a silly question, im just curious, and would like to avoid every small thing when my item is reviewed.

Thank you

In my opinion its better you just make an upgrade to the original version, since its the same file.

Thank you for your advice