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Ethereum Name Service

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News

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The UNI token experienced a nearly 20% drop in price following allegations of lobbying against DeFi projects, reflecting market volatility and community concerns.
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Hayden Adams, the CEO of Uniswap, publicly accused Kenneth Griffin of lobbying the SEC against DeFi projects, leading to regulatory scrutiny and a drop in UNI token prices.
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Lucas Weissmann

The global cryptocurrency market experiences substantial expansion.

The global cryptocurrency market experiences substantial expansion.

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The global cryptocurrency market cap has increased significantly, reaching 327 trillion, with Bitcoin and Ethereum leading the charge.
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Filippo Romano

What is Ethereum Name Service?

Ethereum Name Service (ENS) offers a safe and decentralized way to address resources both on and off the Ethereum blockchain, using simple and human-readable names.

Contents:

Description of the Ethereum Name Service project

The project eliminates the need to copy or type long addresses. With ENS, you can send money to your friend at “aardvark.eth” instead of “0x4cbe58c50480 ...”, interact with your favorite contract at “mycontract.eth” or visit the site, hosted by Swarm at “swarmsite.eth.

Differences from other projects:

Safety ENS is built on smart contracts on the Ethereum blockchain, which means it does not suffer from DNS insecurity. You can be sure that the names you enter work as their owner intended.
Spread ENS operates in a distributed manner for both its infrastructure and management. Anyone can register a .eth domain name for themselves by participating in the blockchain-mediated auction process.

.Eth domains are most commonly registered for Ethereum addresses, which may belong to third-party wallets or smart contracts. However, ENS is also often used to address off-chain resources such as data, stored in a Swarm.

At the moment, the Ethereum Name Service (ENS) works on 150 services.Ethereum Name Service

The ENS team plans to support a large number of resources outside the Ethereum ecosystem, including resources on other blockchains.

Updates and additional information

ENS, like many other projects in the blockchain ecosystem, is an open source.

Over the past year at ENS, there have been some significant improvements:

  • added support for multiple coins;
  • issuing shorter names .ETH;
  • switching from auctions to instant registration of .ETH names;
  • the ability for any project to make your own ENS record;
  • built-in support in major browsers such as Opera and Brave;
  • tools to facilitate the connection of the IPFS site to the ENS and visiting such sites;
  • launching IPFS + ENS directories / search engines such as Almonit and Blockscan.

There is no White Paper or roadmap on the site. However, this does not prevent users from using this project. The platform rules are quite simple, so even a beginner can figure out the functions. Smart contract audit can be viewed here. From social media, the community has twitter. There is also a blog on the Medium site, where you can study articles about the project.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.