ETHEREUM NAME SERVICE

Decentralised naming for wallets, websites, & more

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Overview

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses.
ENS has similar goals to DNS, the Internet’s Domain Name Service, but has significantly different architecture due to the capabilities and constraints provided by the Ethereum blockchain. Like DNS, ENS operates on a system of dot-separated hierarchical names called domains, with the owner of a domain having full control over subdomains.
Tags: Infra
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The ENS token serves as an important aspect of governance in the ENS DAO by working as the utility and governance token. The ENS token helps in submitting proposals as well as casting votes for influencing future development of the protocol. Any ENS token holder cancast their votes in the various governance proposals in ENS DAO.
Current Price:$13.80
Market Cap:$430,392,325 (#167)
Volume (24h):$27,434,688
Circulating Supply:31,235,150
Total Supply:100,000,000
All-Time High:$83.40 (11/11/2021)
Last Update:May 13, 2024 04:07:46
More Info:CoinGecko

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Project Rating

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(3.5 out of 5)

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Blog

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