🟦What is ENS?

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Ethereum Name Service (ENS)

Ethereum Name Service (ENS) stands as a decentralized domain naming system built on the Ethereum blockchain. It operates parallelly & helps integrate traditional (ICANN) DNS systems, offering an alternative that transforms complex Ethereum addresses into easily memorable & human-readable names, akin to traditional domain names for websites. ENS provides users with a secure & open solution, reducing the need to remember intricate cryptographic strings associated with a crypto wallet address.

ENS Utility

ENS is pushing to make the everyday crypto transfer more credible & simpler by having a base root identity naming system utilizing the TLD (.eth) replacing the hexadecimal (0x) crypto address with a more memorable one that a user can register, assign & build a reputation upon.

There are many different ways that ENS can provide value & utility to the user, with one of the most significant being in the anonymous world of the internet: an online digital identity that can be used as credibility for reputation when transacting with others online.

Registering an ENS Domain

To acquire an ENS domain, users can explore & register available .eth names on the ENS App

Step-by-step video walkthrough on how to register a ENS Domain

The registration process involves a two-step confirmation process through an Ethereum Wallet, allowing users to define the rental period for their domain. ENS not only facilitates domain ownership but also empowers users to set up various subdomains, offering a more recognizable & user-friendly experience in the blockchain space.

Blockchain Layer Solutions

ENS is seeking to utilize a L2 (Layer-2) feeless chain such as [Optimism] or a gasless zero-knowledge solution [zkSync].

At the moment making any ENS transactions such as registering a name, setting records, or paying the yearly renewal fee, will be at the mercy of the almighty omni-present GWEI Gas Fees.

Operating on the Ethereum Mainnet (Layer-1) while using high GWEI to process & approve simple transactions usually means that the Ethereum Network is congested due to the transactional demand on the Ethereum Mainnet at the time.

Transactions that are approved first in a busy Ethereum Block go to the higher bid of GWEI.

The main necessity to scale is held within the Layer-2 technologies building upon Ethereum’s Layer-1. Layer-2s such as Optimism, zkSync, Arbitrum are built in purpose is to help empower Ethereum’s ability to optimize solving & proving the complex mathematical problems for each block, proving that a transaction is in fact taking place in this current timeline of existence.

Read Vitalik’s Article about Layer-2s

If we want to achieve global adoption the different Layer norms should be as such:

• Layer-1s (Hot) transactions, [Buying/Selling] [Trading] [Payments].

• Layer-2s (Cold) transactions, [Digital Services] [Moving Crypto].

• Layer-3s (Custodial) transactions, [Holding Crypto] [Holding NFTS] [ENS].

ENS Registry & Resolver

The way ENS operates is through its two smart contracts: the registry & the resolver.

The registry maintains a comprehensive list of available domains & subdomains, along with crucial information like ownership details & caching time-to-live.

The resolver translates human-readable ENS domain names into corresponding cryptographic addresses & vice versa, employing a hierarchical system that grants domain owners control over their subdomains.

ENS simplifies the process of sharing Ethereum addresses, making it more user-friendly.

For instance, rather than sharing a lengthy hexadecimal address, users can represent their addresses with easily recognizable words or phrases, enhancing accessibility & reducing the likelihood of errors.

The ENS Name Wrapper

Additionally, ENS recently implemented the (ENS Name Wrapper) fuse based parent-child system that allows .eth owners to create & manage subdomains, further enhancing the versatility of the Decentralized Naming System.

Capabilities & Definitions of the (ENS Name Wrapper) Article by Serenae.eth

I also highly recommend reading more about ENS & exploring the in-depth concepts of the idea of Pseudonymity Digital Identity.

dr3a.eth has been a key chess piece to the marketing & adoption of ENS Digital Identity.

Read dr3a.eth’s Digital Identity Blog

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