#140

Ethereum Name Service

ENS
0.0001711 BTC
$14.34
24h: -0.37% 7d: +7.73%
All Time High $83.4 Nov 11, 2021
24h
$14.14 $14.67
24h Volume $59.44M

Price Chart

About Ethereum Name Service

Ethereum Name Service (ENS)

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system built on the Ethereum blockchain. Its primary function is to map human-readable names, such as ‘alice.eth’, to machine-readable identifiers like Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata.

Key Features

  • Reverse Resolution: ENS supports reverse resolution, allowing users to associate metadata—like canonical names or interface descriptions—with Ethereum addresses.
  • Hierarchical Domain Structure: Similar to the Internet's Domain Name Service (DNS), ENS utilizes a system of dot-separated hierarchical names known as domains. Domain owners maintain complete control over subdomains.
  • Top-Level Domains: Top-level domains, including ‘.eth’ and ‘.test’, are governed by smart contracts called registrars that outline the rules for subdomain allocation.
  • Ownership and Control: Anyone can acquire a domain under the rules set by registrar contracts, ensuring true ownership with no intermediaries.
  • DNS Compatibility: ENS allows for the importation of existing DNS names, simplifying the transition to blockchain-based identities.

User-Friendly Identity

ENS is committed to enhancing user experience on the web. By eliminating complex hex addresses, users can easily share their crypto identities, making transactions straightforward. For example, instead of remembering a long address, users can simply say “Send to mynewname.eth”.

Building a Better Ecosystem

ENS is not just a protocol; it represents a commitment to creating a better web for everyone. It fosters a community-driven approach, allowing users to participate in the governance of this decentralized platform. As a public good, ENS is shaped by its community, empowering individuals to contribute to the evolution of the internet.

Join the ENS Community

With over 1.6 million names registered and a vibrant ecosystem of integrations, ENS encourages users to connect, collaborate, and forge new paths in the decentralized web. Whether you are a dreamer, a creator, or a change-maker, ENS is your gateway to the new internet.

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Categories

NFT Ethereum Ecosystem Decentralized Identifier (DID) Name Service

Market Data

Rank
#140
Market Cap
$481.68M
Volume
$59.44M
Circulating Supply
33.17M ENS
Total Supply
100M ENS
Max Supply
100M ENS

Additional Information

Genesis Date
24h Market Cap Change
$-6.72M
24h Market Cap Change %
-1.38%