#ENS

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《ENS, the most successful non-financial Ethereum application in the eyes of V God, does it not have a wide range of uses?》

The main uses of ENS tokens (Ethereum Name Service Tokens) include:

1. Domain name management: used to purchase, register and renew domain names. In the traditional domain name system, domain name ownership is centrally managed by registrars, while ENS transfers domain name ownership to users through the use of smart contracts. Users can use ENS tokens to register domain names and pay related transaction fees. Users with ENS tokens have full control over their domain names, including binding to different Ethereum addresses, setting up subdomains, etc.

2. Web3 identity: can serve as a Web3 username. ENS usernames are self-custodied, which eliminates the centralized middlemen commonly used to log in to various platforms, similar to Internet users using Google, Twitter or Facebook to log in to various websites. ENS has the potential to become a "single sign-on" method for Web3.

3. Local Payments: All ENS ".eth" or DNS-integrated domains can be used as cryptocurrency native wallets, accepting a variety of cryptocurrencies, including integrated assets such as BTC, ETH, DOGE, etc. With the connection to DNS, individuals can now send transactions directly to websites as payments without going through payment intermediaries.

4. Decentralized Website Functionality: ENS addresses can be used in conjunction with IPFS (Interplanetary File System), Sia Skynet, and Arweave, etc. By connecting ENS or ENS-DNS domain names to IPFS, websites can point to relevant files (such as those stored on IPFS).

ENS aims to provide an easy-to-remember and unique string representation for Ethereum addresses, content identifiers, and other forms of data, making it easier for users to manage their digital assets and identities and improving the usability of the Ethereum blockchain.

It should be noted that the situation in the cryptocurrency field is changing rapidly, and the specific uses and functions of ENS tokens may change over time and technological development. At the same time, the value and use of ENS tokens are also affected by a variety of factors such as market demand, user acceptance, and regulatory policies. #ENS #以太坊ETF批准预期 #美联储何时降息？