In the early days of the web, you needed to enter an IP address to access a website. An IP address consists of a series of numbers in dotted decimal notations that are difficult to remember and almost impossible to guess.
After a while, human-readable names were introduced, so we could browse the World Wide Web much easier. This change made 126.96.36.199 into Decrypt.co
Cryptocurrency and blockchain is still in the IP address stage. Users need long, hard-to-remember addresses to access the services they need, and it makes mainstream adoption difficult.
We want our blockchain experience to be as easy to use as browsing the Web. This is where the Ethereum Name Service (ENS) comes in.
What Is Ethereum Name Service (ENS)?
The Ethereum Name Service (ENS) is a search engine. It links the information to the name, but it’s not an appointment service dedicated to Ethereum. It’s a naming service created on Ethereum which provides a secure, distributed way to access resources using human-readable names.
ENS is a fully decentralized domain name provider, where anyone can purchase and manage their domains to be able to send ETH or ERC20 tokens to “satoshinakamoto.eth" instead of something like "8e866f012fb8fb ...".
How Do I Get My Own ENS Domain?
You can access the best deals for available ENS domains on the MindHash OpenSea Marketplace. Transactions are straightforward and users can link an Ethereum wallet like MetaMask to buy and sell ENS domains effortlessly.
If your desired domain is found, the system will be registered. Registration requires confirmation of two portfolio transactions, and you must also choose the number of years to register your domain at $5 per year. Now, as the owner of that domain, you can configure multiple addresses, information, and subdomains to link to that name.
What’s So Special About It?
Based on Ethereum's smart contracts, ENS is more secure, private, and resistant to censorship than legacy DNS (Internet Domain Name Service). The team behind ENS sees the Internet's name infrastructure as a critical component that must be open, decentralized, community-oriented, and nonprofit.
At the technical level, ENS can take advantage of the existing Ethereum ecosystem. This means that it is highly programmable, that can interact with other smart contracts.
What Can I Do With ENS?
The best way to use ENS is to replace Ethereum's long and unreadable address with a friendly and easy-to-remember ENS address, such as satoshinakamoto.eth. This makes it easy to receive encryption assets and enter ENS addresses in Ethereum dApps without the need to copy and paste long, awkward public addresses.
Separately, the distributed web is based on the association between the ENS and the IPFS file storage system. The best place to start is almonit.eth, which is a decentralized search engine. Here you can search a directory of distributed websites.
ENS is much more than .eth. This is just one of the top-level domains. ENS plans to consolidate the entire DNS namespace for more than 1,300 top-level domains, allowing DNS site owners to insist on using that name in ENS.
Not as .eth, but as .org. Thus, satoshinakamoto.org can be linked to satoshinakamoto.eth, and visitors can view the content and send money to the same location.
Therefore, you could say, the future resembles the past.