Ethereum Name Service adds fiat payments for ENS domain registrations

1 year ago

Ethereum Name Service has integrated fiat outgo options for caller decentralized domain registrations successful a caller concern with MoonPay.

Ethereum Name Service adds fiat payments for ENS domain registrations

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Web3 users tin present registry decentralized .eth domains connected the Ethereum Name Service (ENS) protocol utilizing a big of fiat outgo options, including Apple Pay, and Google Pay, arsenic good arsenic debit and recognition cards,

ENS announced the motorboat of a caller fiat on-ramp for domain registrations done Web3 fiat outgo gateway MoonPay connected April 20. Registrations of .eth domains antecedently had to beryllium paid for utilizing Ether (ETH) via cryptocurrency wallets, which was cited arsenic a obstruction to introduction for prospective Web3 users.

MoonPay’s work has been integrated into the ENS website, portion the level besides launched mentation 3 of its idiosyncratic interface to streamline sign-ups. This is aimed astatine eliminating the request for aggregate transaction approvals antecedently required with cryptocurrency wallets.

A connection from ENS laminitis Nick Johnson highlighted the service’s absorption connected making Web3 “human-readable” to simplify the process of obtaining decentralized integer identities. ENS allows users to representation human-readable names similar “cointelegraph.eth” to machine-readable accusation similar cryptocurrency addresses and URLs:

“This allows america to scope those who are either conscionable entering the abstraction oregon who are not yet comfy with transacting and would similar to usage the currency and outgo signifier they recognize best.”

The upgrade of ENS’s level is besides touted to grow its usability beyond a superior use-case of creating human-readable names for wallets to regenerate numerical addresses typically generated by wallet work providers, platforms and blockchain protocols.

ENS users tin usage names to big censorship-resistant websites, which tin beryllium linked to accepted domain sanction work (DNS) addresses already successful use.

Related: State of play: Decentralized domain services bespeak connected manufacture progress

MoonPay’s vice president of partnerships, Bree Blazak, highlighted the integration with ENS arsenic a means to make a elemental outgo acquisition for caller users looking to get integer identities oregon decentralized domains:

“Our concern with ENS delivers that by making it imaginable to bargain a .eth sanction with immoderate of the astir acquainted outgo methods available.”

Ethereum Name Service hasseen implicit 2.3 cardinal names created from much than 550,000 unsocial addresses. As Cointelegraph antecedently explored, decentralized domain sanction registrations person been connected the emergence implicit the past 2 years.

Both ENS and Unstoppable Domains person go starring platforms onboarding caller users to the satellite of Web3 and decentralized identities. The second besides partnered with MoonPay to incorporated nonfungible token domains successful transactions connected the platform successful July 2022.

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