Market Data & Token Stats
| Fully Diluted Valuation | $611.97M |
|---|---|
| 24H Trading Volume | $11.94M |
| 24H Low / High | $5.97 / $6.13 |
| Circulating Supply | 38.51M |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
Market Health Signals
| Vol / MC Ratio | 5.07% Fair |
|---|---|
| Circulating Ratio | 38.51% Fair |
Key Project Information
| Categories | Governance 4 more |
|---|---|
| Founder | Nick Johnson 1 more |
| Website | ens.domains Whitepaper 1 more |
| Socials | |
| Chains | Ethereum Ecosystem |
| Explorer | Arkm 2 more |
| Contracts |
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|
OGAudit Security Evaluation & Social Audit Metrics
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Ethereum Name Service (ens) Expert User Reviews
Is Ethereum Name Service safe or a scam? Read verified Crypto OG reviews about Ethereum Name Service
$ens Markets
| Name | Pair | OG Score |
|---|
About Ethereum Name Service
The Ethereum Name Service (ENS), launched in 2017, represents a revolutionary step in making the Ethereum-based web more accessible and comprehensible. As a distributed, open and extensible naming system built on the Ethereum blockchain, ENS transforms complex alphanumeric wallet addresses into human-readable names, such as 'alice.eth'. This approach not only simplifies interactions within the blockchain ecosystem but also enhances security by minimizing transaction errors.
ENS's architecture, reminiscent of the Internet's Domain Name Service (DNS), allows users to have full control over their domains and subdomains. The service includes top-level domains like '.eth', managed by smart contracts and supports importing existing DNS names. Significant in ENS's journey is its 2021 retroactive airdrop, rewarding early users and its continued growth, marked by partnerships with major crypto wallets and browsers. Despite facing criticism in 2022, ENS remains a unique entity in Web3, backed by notable figures like Nick Johnson and organizations including the Ethereum Foundation.
Underpinning ENS is its decentralized governance through the ENS DAO (Decentralized Autonomous Organization), using the ENS token as a governance tool. The token, apart from enabling voting rights within the community, serves as an investment and trading asset. The latest advancements in ENS include plans for Ethereum Layer 2 interoperability and the introduction of gasless features, further simplifying the adoption of blockchain technology and enhancing its accessibility. With these developments, ENS is not only a crucial infrastructure for the decentralized web but also a testament to the evolving landscape of blockchain and cryptocurrency.
What is unique about Ethereum Name Service (ENS)?
Ethereum Name Service (ENS) stands out for converting complex blockchain addresses into user-friendly names, enhancing web3 accessibility and security.
Who are the founders of Ethereum Name Service (ENS)?
Ethereum Name Service (ENS) was co-founded by Nick Johnson and Alex Van de Sande, with its roots in the Ethereum Foundation.
Who are the backers/investors of Ethereum Name Service (ENS)?
ENS, while not having traditional investors, is supported by organizations such as the Ethereum Foundation, Binance_X, Chainlink and Protocol Labs.
Where can I buy Ethereum Name Service (ENS)?
You can buy Ethereum Name Service (ENS) on Binance, OKX, BybitCoinbaseGate.io cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Ethereum Name Service Official Website, Ethereum Name Service Whitepaper and Ethereum Name Service X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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