A quick thread 🧵 to discuss the advantages of having #ENS on the #Ethereum blockchain:
An ENS domain name can do many things but we will focus on 3 major practical use-cases: ↓↓
An ENS domain name can do many things but we will focus on 3 major practical use-cases: ↓↓
1- Your ENS name is your portable cross-platform web3 username and profile
- Example: [nick.eth.xyz]
- You will be able to sign in to web3 or even web2 applications using your ENS account. ↓
- Example: [nick.eth.xyz]
- You will be able to sign in to web3 or even web2 applications using your ENS account. ↓
2- A simple name to represent your wallet address
- Replace 0x6348.. with name.eth (working on metamask)
- Coinbase wallet and Gamestop wallet are also integrated with ENS
ENS is a solution for wallets and exchanges to reduce error and improve user experience ↓
- Replace 0x6348.. with name.eth (working on metamask)
- Coinbase wallet and Gamestop wallet are also integrated with ENS
ENS is a solution for wallets and exchanges to reduce error and improve user experience ↓
3- You can launch your decentralized website using IPFS and ENS
- Example by Satoshi: [testdomain.eth.limo](testdomain.eth.limo) Thank you @DylanMeador for all the knowledge you share with the community. ↓↓
- Example by Satoshi: [testdomain.eth.limo](testdomain.eth.limo) Thank you @DylanMeador for all the knowledge you share with the community. ↓↓
We plan on diving deep into each use case and exploring more of the possibilities of ENS.
For now, here are some advantages of ENS living on Ethereum that expand on the utility of ENS: 3 notes ↓↓
For now, here are some advantages of ENS living on Ethereum that expand on the utility of ENS: 3 notes ↓↓
1- Decentralized naming system and website (Through #IPFS)
- Low to no hosting fees (depending on the requirements of the website)
- Improved security
- ENS can point to #DApps
- Full self custody over your domains - Registration renewal required ↓
- Low to no hosting fees (depending on the requirements of the website)
- Improved security
- ENS can point to #DApps
- Full self custody over your domains - Registration renewal required ↓
2- Censorship proof
- The Registrant/Controller wallet controls any edits or changes to the domain name
- Easy transferability (like sending an #NFT)
- You can simply change the registrant on the ENS app (Only works if you are the registrant or the controller) ↓
- The Registrant/Controller wallet controls any edits or changes to the domain name
- Easy transferability (like sending an #NFT)
- You can simply change the registrant on the ENS app (Only works if you are the registrant or the controller) ↓
3- Composability (Interact with other Ethereum smart contracts, integrations)
- Sign contracts with your ENS
- Names owned by DAOs (A collective or participant or subdomain registrants)
- Names used as collateral or held by contracts ↓
- Sign contracts with your ENS
- Names owned by DAOs (A collective or participant or subdomain registrants)
- Names used as collateral or held by contracts ↓
Thank you for reading this post. RT if you think it will help the community.
Follow us for weekly spaces and threads on ENS:
@ensacademy_eth
If you missed our last TW space, you can listen to the recording here: twitter.com/i/spaces/1vAGR…
Follow us for weekly spaces and threads on ENS:
@ensacademy_eth
If you missed our last TW space, you can listen to the recording here: twitter.com/i/spaces/1vAGR…
• • •
Missing some Tweet in this thread? You can try to
force a refresh
