The read-only mechanism faced a critical issue when the internet was still a new concept. That is, they couldn’t match their internet protocol addresses (IP) with their domain names. Now, this had become a tedious task for the developers as they had to manually give IP addresses to every website they had to visit. 

Fast forward to several years, with cryptocurrencies and web3 development, cryptocurrency addresses have replaced traditional IP addresses. But, again, the drawback here, despite the advancement, is that the domain names are not readable but rather are in numbers. This blog will enlighten you on the recent technological enhancement, Ethereum Name Service (ENS), that endeavors to overcome this critical shortcoming.

Ethereum Name Service (ENS) – An extensive naming application

Ethereum Name Services takes up the postulation of the Domain Name Service (DNS), but is tailor-made for Ethereum. The purpose of this development is to depict machine-readable addresses to human-readable addresses. All these converted domain addresses belong to the Ethereum Blockchain. 

For instance, Say the user has a 42 hexadecimal character 0xde0b256669ajgsdhjmnlkjhia as their address. Using Ethereum Name Service, they are matched up with a human-readable Domain name, ‘Joel. eth’. 

Availing ENS in web3 platforms, users can enjoy their trades much more efficiently without any hindrance of remembering long wallet addresses. To have a clear idea of how our ENS service works, you must also know why ENS works magic!

Allegory of Ethereum Name Service: Comparison with DNS

Ethereum Name Service comes into play with empowering web3 development! The initiation, however, is with DNS. Both of them function with the system erected of dot-separated hierarchical names, and domains, allowing the owners to have authority over their subdomains. 

Domain naming service (DNS) has been prevalent for so long. However, DNS is a tool that is used in web2 applications. The development of web3, with cryptocurrencies, can become a much more tedious task, for it has more variables to be in place every time a user initiates a transaction. This gigantic wallet address, though, makes the transactions transparent and traceable; the only downside of it is the identifier. 

Simply put, if the Domain Name service matches up the IP addresses with human-recognizable names, Ethereum Name Service offers the users easy shareability of crypto wallet address.

The architecture of ENS-like Domain Naming Service  

ENS, as the name suggests, is built with Ethereum-backed smart contracts. For an ENS to work, they are stratified further into two. The ENS Registry and The Resolver. 

• The Registry

The smart contract-developed registry in the ENS maintains the lists of all domains in the blockchain. These registers record all subdomains within the public ledger. These registry work by taking notes of three essential pieces of information about every crypto wallet. They are as follows, 

1. The owner of the domain 
2. The resolver of the domain
3. The cache time-to-live of records under the domain

The registry in the ENS is very much direct, as it also pertains to a set of rules for proper functionality. That is, the owners of the ENS registry can change the ownership of the subdomains at any time, transfer these ownerships from one domain address to another address, and finally, they can also decide the resolver and the time-to-live (TTL) for all the domains. 

• The Resolvers

The Resolvers are also based on smart contracts and are responsible for converting names into crypto wallet addresses. They work by satisfying the required statements in the smart contracts in the Ethereum Name Service development. The process of doing so is further bifurcated into two stages. 

1. The first stage is completed by asking the ENS registry which resolver is responsible for assigning the given name. For instance, If the domain name is ‘ Joe. eth’, then the resolver will first ask the ENS registry to name it Joe, which resolver is going to match up. 
2. The second stage is to verify with the particular resolver responsible for the domain name suggestion. For instance, the resolver answers the query of the previous stage with a valid domain name applicable to the domain. 

What are the perks of an ENS in your platform?

ENS domains are limited as they belong to only the Ethereum network. As the ENS is a very lucrative hustle for their limited availability, it is recorded that an exchange.eth was sold for a whole 6660 ETH, which in fiat would read $609,000. Another instance is where the weather. eth got traded for 300 ETH, which, again, at the time of auctions in dollars, is 27,000. Furthermore, the extensive ENS also supports many DNS names, such as .com, .org, .io, .app, etc. 

The following are the merits for the users to create their ENS-like Domain naming iaservice.

• Human Readable Payment Address
• Digital Identity 
• Trade as NFTs

Highlights of an ENS-integrated NFT applications 

• Decentralized
• Transparent
• Extensive domain names
• Hassle-free address identification
• High-reputable
• Highly interoperable
• Elevated revenue generation and many more. 

Why should you opt for ENS in your web3 venture?

As we have established earlier, ENS is an extended version of DNS in web3. Averting the point of mistake in trades, this blockchain-based protocol works much more efficiently and is secured. These ENS are censorship-resistant, as they strictly adhere to the parent network Ethereum, the forerunner of all blockchain technology. 

A platform integrated with ENS will not only be easy to use but will also embrace a wide range of audiences by keeping the automation intact. That is, utilizing our ENS application for your web3 platform will assist you in a user-friendly sharing of cryptos and NFTs to another, with easily recognizable crypto addresses. Being the first of the services, these are for sure to bloom big in the near future!

Where can the ENS be used?

The ENS-like domain naming service, developed by our seasoned developers, is built to support varied NFT platforms. This user-biased development into the web3 ecosystem is a boon for novice crypto fanatics and beginners of the crypto world. Thus futuristic services remain unparalleled to all other services giving much trustability and transparency to the following platforms in the market. They are 

• Crypto Wallets
• Decentralized Applications (DApps)
• Decentralized websites and
• NFT-based platforms. 

Wherefore AppDupe?

ENS, with its launch, has branded itself to be an open utility that will belong to the Ethereum community. Their decentralized components and other significant features have amazed us a great deal. AppDupe, as a  blockchain-based platform development company with services across NFT requirements, has taken a step further with today’s leading service ENS. 

Our ENS-like domain naming service for your NFT platform will offer a highly advanced technical field to crypto users, thereby attracting many crypto users. This accessible, easy-to-understand, smart contract-driven development allows users to transact, interact, and trade the NFTs and other cryptocurrencies, Domains, and Subdomains in a single link, with additional incentives at unparalleled affordability. Are you an Ethereum user?  Get your platform more pristine with our ENS integration!