ENS hit half a million milestone for registered .eth domain names

ENS, Ethereum Name Service, is simply a work mapping Ethereum addresses to quality readable domain names ending with .eth, specified arsenic vitalik.eth alternatively of 0xd8da6bf26964af9d7eed9e03e53415d37aa96045.

The ENS work is becoming progressively fashionable among Ethereum users and others; it has go a inclination to show ENS names successful people’s Twitter profiles, including those for celebrities similar Paris Hilton.

However, ENS names person overmuch much applicable usage cases than “flexing” them successful Twitter profiles, the address-to-name mapping being conscionable one. Other functionalities see reverse mapping, idiosyncratic illustration information similar Twitter handles and email addresses, and integration with the planetary DNS (Domain Name System) domain names. ENS .eth names are NFTs.

Half a cardinal registered .eth names

Since the instauration of the ENS token connected the 9th of November, domain sanction registrations person accelerated and person present reached 500,000 registered .eth names. The fig of registrations much than doubled successful November reaching astir 90,000 registrations. December saw implicit 109,000 registrations.

On apical of that, implicit 632,000 full names person been registered, including subdomains, and DNS names imported into ENS. The second fig is what the ENS squad is predominantly looking at, according to squad subordinate and ENS manager of operations Brantly Millegan.

“We look astatine full fig of names connected ENS, including .eth names, subdomains, and DNS names imported into ENS. We besides truly absorption successful connected fig of integrations, since it’s however galore services really usage ENS. That fig is astatine 443 and we’re precise arrogant of that”, Millegan says successful a Twitter DM speech with CryptoSlate.

Future is successful the hands of the community

The ENS squad person precocious ambitions for the future, present successful the hands of the ENS DAO and the broader assemblage that governs the task since the driblet of the ENS token. The token has had a somewhat mean terms enactment aft peaking conscionable days aft the driblet astatine $83.4 connected the 11th of November. Since all-time-high, the ENS token is down 66.7 percent, trading astatine $27.9 astatine the infinitesimal of writing.

Dropping the enactment “you were airdropped responsibility” arsenic a remark to the token terms enactment aft the airdrop, Brantly Millegan likes to enactment absorption connected greater things than money.

“ENS is an effort astatine a caller protocol of the internet, and hence is non-profit, specified with EIP standards, and assemblage owned. We’re each astir gathering thing that radical volition inactive beryllium utilizing years from now, alternatively than conscionable hyping gameable metrics successful the abbreviated term”, Millegan says.