{"id":329262,"date":"2022-06-05T17:08:28","date_gmt":"2022-06-05T21:08:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=329262"},"modified":"2024-10-23T22:19:20","modified_gmt":"2024-10-23T22:19:20","slug":"buy-ens","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-ens","title":{"rendered":"Where to Buy Ethereum Name Service (ENS) Coin"},"content":{"rendered":"
The Ethereum Name Service (ENS) is similar to the Domain Name System (DNS) (DNS). However, it offers a secure and decentralized method of managing website domains and sending ETH and ERC20 tokens. The Ethereum Name Service (ENS) is a service that provides names for machine-readable identifiers such as wallet addresses and hashes. Reading data strings into easily readable addresses becomes difficult. It’s similar to how a website’s Domain Name System (DNS) works.<\/p>\n
ENS used the Vickrey auction structure to first sell popular six, five, four, and three-letter domain names to interested consumers. Each name ends in. eth and can be linked to cryptocurrency addresses, hashes, and other information.<\/p>\n
This article will explain how ENS works and why it is essential. Our primary focus will be on the ENS registry and resolvers. We’ll also review the protocol’s governance tokens and the ENS DAO quickly (decentralized autonomous organization).<\/p>\n