What can ENS domain names do (ENS domain name resolution)
What can ENS domain names do? According to data from RatingToken, a third-party
What can ENS domain names do? According to data from RatingToken, a third-party big data rating agency, Ethereum Name Service (ENS) has seen a registration volume of 376 million times in the past year.
Now let’s analyze what ENS domain names can do in terms of domain name ecosystem projects: 1. Domain Name System: Besides domain names, ENS can also realize various attributes such as decentralized applications and wallets.2. On-chain data traceability: After verification and authentication through the blockchain network, .eth addresses can be generated.3. Website traffic: Supports multi-dimensional search, information querying, content, and social media news, etc.4. Smart contracts: Supports data management tools for various scenarios such as cross-chain transactions and asset custody.
ENS domain name resolution
ENS domain name resolution is based on Web3.js readable format, supported by OpenSea. ENS launched its domain name registration service in September 2019 and went live on the Ethereum mainnet and Ethereum Classic test network in late January this year. ENS uses .eth as the domain name registration protocol and also adopts security measures such as EIP-1559 to prevent double verification issues.
ENS domain name resolution can help us better understand the meaning, application scenarios, and functionality of ENS.
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