Exchange Ethereum Name Service
ENS Price Live Data
The live Ethereum Name Service price today is $ 12.4 usd with a 24-hour trading volume of $75 041 821 usd. We update our ens to usd price in real-time. Ethereum Name Service is down -2.32% in the last 24 hours. The current coinmarketcap ranking is #148, with a live market cap of $307 926 220 usd. It has a circulating supply of $88 228 ens coins and the max. Supply is not available.
What Is Ethereum Name Service (ENS)?
The Ethereum Name Service (ENS) is a disseminated, open, and extensible naming framework in view of the Ethereum blockchain.
ENS’s work is to plan comprehensible names like ‘alice.eth’ to machine-meaningful identifiers, for example, Ethereum addresses, other digital money addresses, content hashes, and metadata. ENS likewise upholds ‘reverse resolution’, making it conceivable to relate metadata, for example, standard names or point of interaction depictions with Ethereum addresses.
ENS has comparable objectives to DNS, the Internet’s Domain Name Service, however has fundamentally unique design because of the abilities and imperatives given by the Ethereum blockchain. Like DNS, ENS works on an arrangement of speck isolated progressive names called spaces, with the proprietor of an area having full command over subdomains.
Top-level areas, as ‘.eth’ and ‘.test’, are possessed by shrewd agreements called enlistment centers, which determine rules administering the assignment of their subdomains. Anybody may, by keeping the guidelines forced by these recorder contracts, get responsibility for area for their own utilization. ENS additionally upholds bringing in DNS names previously possessed by the client for use on ENS.
Because of the hierarchal idea of ENS, any individual who claims a space at any level might arrange subdomains - for themselves or others - as wanted. For example, assuming Alice claims 'alice.eth', she can make 'pay.alice.eth' and arrange it as she wishes.