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Ethereum Name Service: Web3’s Identity Backbone


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Ethereum Name Service-Web3’s Identity Backbone

When cryptocurrency garnered the attention of many for its robust and secure functions, users faced technical obstacles in the form of wallet addresses, which consisted of long strings of letters and numbers. At this point, the Ethereum Name Service (ENS) came as a huge relief. A decentralized protocol, it transformed crypto addresses into memorable, human-readable labels. Example: alice.eth. This elegant innovation not only simplified peer-to-peer transfers but also became the infrastructure backbone of an upcoming Web3 identity layer.

How ENS Works

ENS is built atop two smart contracts on the Ethereum blockchain: The registry and the resolver. The registry maintains records of registered ENS domains—holding metadata such as domain owne…

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Ethereum Name Service: Web3’s Identity Backbone


by Coin Edition
for CoinEdition

Share:

Ethereum Name Service-Web3’s Identity Backbone

When cryptocurrency garnered the attention of many for its robust and secure functions, users faced technical obstacles in the form of wallet addresses, which consisted of long strings of letters and numbers. At this point, the Ethereum Name Service (ENS) came as a huge relief. A decentralized protocol, it transformed crypto addresses into memorable, human-readable labels. Example: alice.eth. This elegant innovation not only simplified peer-to-peer transfers but also became the infrastructure backbone of an upcoming Web3 identity layer.

How ENS Works

ENS is built atop two smart contracts on the Ethereum blockchain: The registry and the resolver. The registry maintains records of registered ENS domains—holding metadata such as domain owne…

Read The Full Article Ethereum Name Service: Web3’s Identity Backbone On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.111

+0.66%

$ 3.03K

+2.00%

$ 0.00...361

$ 0.000161


Share:

In This News

Coins

$ 0.111

+0.66%

$ 3.03K

+2.00%

$ 0.00...361

$ 0.000161


Share:

Read More

Neynar’s Strategic Masterstroke: Acquiring Farcaster Reshapes the Web3 Social Landscape

Neynar’s Strategic Masterstroke: Acquiring Farcaster Reshapes the Web3 Social Landscape

BitcoinWorld Neynar’s Strategic Masterstroke: Acquiring Farcaster Reshapes the Web3 ...
Aave Hands Lens Protocol Stewardship to Mask, Refocuses on DeFi

Aave Hands Lens Protocol Stewardship to Mask, Refocuses on DeFi

Aave, the decentralized finance giant, has transferred the responsibility of managing...