common-close-0
BYDFi
Trade wherever you are!

What does ENS stand for in the context of cryptocurrency?

avatarKelly LynetteDec 17, 2021 · 3 years ago3 answers

Can you explain what ENS stands for in the context of cryptocurrency?

What does ENS stand for in the context of cryptocurrency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    ENS stands for Ethereum Name Service. It is a decentralized domain name system built on the Ethereum blockchain. ENS allows users to register and manage domain names ending in .eth, and associate them with Ethereum addresses, smart contracts, and other resources on the blockchain. It provides a human-readable and decentralized way to interact with the Ethereum ecosystem.
  • avatarDec 17, 2021 · 3 years ago
    ENS is short for Ethereum Name Service. It's like the DNS (Domain Name System) for the Ethereum blockchain. With ENS, you can register a domain name ending in .eth and associate it with your Ethereum address. This makes it easier for people to send you cryptocurrency or interact with your smart contracts, as they can use your domain name instead of a long and complicated address.
  • avatarDec 17, 2021 · 3 years ago
    ENS, which stands for Ethereum Name Service, is a decentralized domain name system on the Ethereum blockchain. It allows users to register and manage domain names that end in .eth. With ENS, you can associate your domain name with your Ethereum address, making it easier for others to send you cryptocurrency or interact with your decentralized applications. ENS provides a more user-friendly and memorable way to access resources on the Ethereum network.