ENS Domains – Name Blockchain With High Integrated Standard

ENS Domains – Simplifies The Long Crypto Wallet Address With Domains

Through the use of ENS Domains, one can receive or transfer cryptocurrency without entering the wallet address and using only the Domain that is connected to the crypto wallet. This process is done through smart contracts that are used by the blockchains to automate tasks like converting a domain to the address of a wallet.

Significant Features of ENS Domains

Some of the most significant features of ENS Domains are:

Alternative For Decentralisation

The Ethereum Name Service Domains can be used as a decentralized alternative against DNS Domains that are based on Ethereum smart contracts. These are more than just names of blockchain domains because, with their simplifying idea, a bigger change to the overall web browsing can occur, benefitting the internet users.

Multitasking Capability 

 Not only can the ENS names be the web addresses, but they can also be the identity, wallet, payment, and much more for the user all at the same time. The ENS domains can be used for encompassing an online entity with the feature of translating them into lucid, single, and decentralized addresses. NFT domains are, in a way, evolving the internet for the future.

Combining Multiple Services

Generally, making a commercial web would require a bank account or an alternate payment method, the DNS domain name, a platform for hosting, and a few other things, all working separately. However, with ENS, all these services are open resources and easily integrated. By the use of an Ethereum address, payment gateway and bank aspects can be under the same address that will also be the user’s domain name. 

Alternatives For ENS Domains

As the features of ENS Domains have been discussed, there are two other entities that have similar features, and they are Bonfida and NameStudio.