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ENS (Ethereum Naming Service) is built on immutable smart contracts on Ethereum. Domain names (ie example.eth) are permissionlessly registered for up to hundred
by chrisco255 5y ago
ENS (Ethereum Naming Service) is built on immutable smart contracts on Ethereum. Domain names (ie example.eth) are permissionlessly registered for up to hundreds of years at a time for ~$5 a year.
ENS domains can be resolved to Ethereum wallet addresses, IPFS, Bitcoin addresses or any other public key or string.
- rvz 5y agoENS seems to be centralized on to one smart contract holding all the domains under the .eth TLD (which already conflicts with the reserved 3 letter TLD for Ethiopia) under the control of a typical 'multisig' and 'DAO' which is based on 'trusting' the keyholders. Basically ENS boils down to being a subdomain provider with ICANN-like governance, an illusion to 'decentralization'.
- chrisco255 5y agoIt's not one smart contract, it's actually many smart contracts and many open-source front-end components: https://github.com/ensdomains https://github.com/ensdomains The three letter code is not currently used by Ethiopia (they use .et and .com.et), and the ENS team is in negotiations with Ethiopia for the 3 letter TLD: https://www.olipso.com/en/domain-search/ethiopia https://www.olipso.com/en/domain-search/ethiopia https://twitter.com/BrantlyMillegan/status/1463216564614967299 https://twitter.com/BrantlyMillegan/status/14632165646149672... The contracts themselves are immutable. ENS domains are NFTs. You should read the code and understand the actual structure of it before criticizing it. https://docs.ens.domains/dapp-developer-guide/ens-as-nft https://docs.ens.domains/dapp-developer-guide/ens-as-nft
- rvz 5y ago> The three letter code is not currently used by Ethiopia (they use .et and .com.et), and the ENS team is in negotiations with Ethiopia for the 3 letter TLD Did I say 'used'? I said 'reserved' and the ENS team knows it is 'reserved' FOR Ethiopia, otherwise why are they negotiating specifically with them in the first place? Relying on 'trusting' a so-called 'DAO' with all .eth domains sitting under the root multisig control is no different to trusting a subdomain provider with ICANN-like governance but this time, they're using a 'blockchain'. All of the above sounds like a great 'illusion' to decentralization. I expect ENS to be no different to ICANN governance given that they can have full control over any of the domains on the ENS root. [0] [0] https://docs.ens.domains/frequently-asked-questions#who-owns-the-ens-rootnode-what-powers-does-that-grant-them https://docs.ens.domains/frequently-asked-questions#who-owns...