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Information about Ethereum Name Service (ENS)
Ethereum Name Service is a service that provides domain names on the Ethereum platform. This project was born out of the desire to make digital asset transactions easier by providing a fixed, memorable, and user-friendly domain name for users’ wallets, cryptocurrencies, etc. Simply put, wallet addresses, when entered into the Ethereum Name Service, will be converted to the “.ETH” extension for more convenience during use.
In addition, the Ethereum Name Service also supports reverse resolution – a reverse resolution that allows users to associate metadata or interface descriptions with wallet addresses on Ethereum.
ENS is a utility token of the Ethereum Name Service ecosystem, operating on the Ethereum platform according to ERC20 standards, and can be used to:
News
ENS Innovates Gamer Identity: The partnership introduces the Niji Warrior ID Card, which utilizes ENS subnames to enhance digital identities in the gaming community. Gamers will connect their in-game personas with broader Web3 identities, creating unique, secure representations.
Limited 10,000 Card Release: Ubisoft plans to distribute 10,000 Niji Warrior ID Cards via a dedicated site. By linking in-game characters to secure blockchain identities, players gain more control over their digital assets, moving beyond traditional gaming usernames.
ENS Labs, the team behind the Ethereum Name Service (ENS), is moving forward with plans to launch a dedicated layer-2 network called Namechain.
According to Katherine Wu, ENS Labs’ chief operating officer, Namechain will go live by the end of next year and leverage zero-knowledge rollup.
Google has officially integrated the Ethereum Name Service (ENS) into its search engine. This allows users to search for any .eth domain and view the corresponding Ethereum (ETH) balance directly within the search results.
This development marks a major step in making cryptocurrency information more accessible to the general public.
ENS Labs has proposed an upgrade, ENS v2, to migrate its services to the Layer2 network.
The primary aim of ENS v2 is to enhance scalability and reduce gas fees by transferring core functions from the Ethereum mainnet to the Layer2 chain. If the proposal is accepted, users will benefit from reduced transaction fees.
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