Ethereum Name Service: What It Is and How to Use It

What is Ethereum Name Service (ENS)?

The Ethereum Name Service (ENS) is a decentralized naming system that allows users to register and use human-readable names for their Ethereum addresses. These names are stored on the Ethereum blockchain and can be used instead of the long and complex hexadecimal addresses that are typically used on the Ethereum network.

For example, instead of sending funds to the Ethereum address “0x1234567890abcdefghijklmnopqrstuvwxyz”, you could send them to “my name. eth” using ENS. This makes it easier and more user-friendly to send and receive transactions on the Ethereum network..

How is ENS different from DNS?

DNS is a system that maps domain names to IP addresses on the internet and is managed by a network of servers controlled by domain name registrars.

ENS is a decentralized naming system built on the Ethereum blockchain which allows users to register and use human-readable names instead of the usually long and complex hexadecimal addresses. ENS names are stored on the Ethereum blockchain and are not controlled by any central authority, which makes them resistant to censorship and tampering.

ENS names are different from DNS names because they can be used for a variety of purposes on the Ethereum network, such as sending and receiving transactions, accessing dApps, and managing wallets. In this way, ENS is more versatile and powerful than DNS.

world coin stats is one of the many platforms that are making it possible to use ENS, making it easier than ever to find and register the perfect domain name for your business. In this blog post, we will discuss what ENS is and how you can use it to your advantage.

Does ENS store websites?

An ENS address refers primarily to an address on the blockchain. If such an address is registered, this does not mean that when entering its address in the browser, a site with some content will open.

Ethereum Name Service is not cloud storage – special servers are responsible for this. Usually, they work over the HTTP protocol, but there is also a decentralized alternative for it – IPFS.

How much does a domain in ENS cost?

At first, ENS offered popular site names between three and six letters in Vickrey auctions. For example, a domain called “exchange.eth” was sold for 6,660 ETH and “weather.eth” for 300 ETH.

Currently, addresses can be bought without an auction and rented for several years. The price depends on the number of characters in the address, registration duration, and availability. The minimum cost is $5 per year.

How do I access a site with a .eth address?

There are several options for how to go to a site whose domain is registered with ENS, that is, it has the “.eth” ending:

1. Through web browsers with native system support: Brave (desktop version), Opera mobile version, MetaMask mobile application, as well as Status and Puma browsers. 

2. In Google Chrome (desktop version) – use the MetaMask extension. To access vitalik.eth, type the desired address with the “/” symbol at the end.

3. ENS cannot be accessed through any web browser. Just append “.link” or “.limo” to the end and the site will load. For example vitalik.eth.limo.