Platform Ethereum Name Service was launched in 2017. The startup is aimed at solving one of the main difficulties for novice users of cryptocurrencies. ENS cables difficult-to-remember addresses Ethereum-wallet to the usual all domain names. Possible .ETH .xyz .luxe .art and .kred.
Until recently, startup played domains .ETH in an auction format. Now the official Twitter account there was a message that anyone can register a friendly name to your address Ethereum.
How does it work?
Address learning cryptocurrency wallet that has a headache, so almost nobody does it. So we copied the address and rely on system mobile device or computer. Because of this, users often fall into the trap of scammers who are using malicious software to be copied victim substitute address in the clipboard to your. Thus, the services ENS can become very in demand in the foreseeable future.
Imagine now, instead of long and complex 0x3629b7ada6038645ed64381447849ed446d89e66 you can send coins to the address vitalik.eth. Yes, that's exactly what he will look like. Read more about the importance of the easy addresses read in a separate article.
ENS works on the basis of smart contracts in the Ethereum blockchain. The developers claim that their platform is significantly more secure many popular DNS, that is, a distributed system for obtaining information about domains.
The last auction was held in the period from the first of September to fifth of November. Participants made 50 bets for 355 7670 names. According to the startup, one participant of the auction made on average 6.56 rates. The sum of the average rates amounted to 0.74 ETH.
If you missed the auction period, but still want to register the name of the remaining of their number, .ETH names longer than three characters available for instant registration at ENS Manager.
A registration scheme is simple: you first go to the website platform.
Enter the address that you would like to book. If it is free, see information on the cost of the registration.
If the address is busy, we will see the corresponding label.
You can book multiple addresses. For example, someone has issued over the names Vitalik Buterin — Creator of Ethereum.
But the balance of this wallet. Equivalent esters 151 exceeds a thousand dollars.
And another point: users need Google Chrome to install the extension MetaMask to work with the platform. For those who have installed Browser Brave enough to include MetaMask in the program settings. Mobile OS is also available, however, have to use the browser Coinbase Wallet or any other mobile Ethereum browser.
Going to use this? Share your answers in cryptodata billionaires. There is a good.
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