Ethereum Call Company (ENS) and domain registrar GoDaddy have joined troops to make it possible for Web3 customers to hook up their.eth domain names to conventional Web2 domain names at no additional price. ENS domain names are part of a decentralized domain name system on the Web3 platform, giving consumers along with human-readable names rather than sophisticated budget addresses. This new relationship along with GoDaddy does away with the formerly high gasoline fees that discouraged users coming from moving their domain names to ENS. By releasing brand new clever deals, ENS has made it possible for a cost-free transition as well as given domain name holders more significant control over their decentralized identifications.
In July 2023, GoDaddy rival Unstoppable Domains enabled individuals to purchase.eth domain with added repayment procedures and boosted performance for handling ENS domain names. These domains registered by means of Unstoppable Domains have the very same capacities as those enrolled straight by means of ENS. In November 2023, ENS programmers questioned a patent coming from Unstoppable Domains that asserted ownership of modern technology using blockchain to calculate domains. ENS developer Nick Johnson argued that the patent was without initial innovations as well as rather relied on ENS’s developments.
ENS functions as a calling unit built on the Ethereum blockchain, mapping human-readable titles (e.g., “alice.eth”) to machine-readable identifiers like Ethereum addresses, cryptocurrency deals with, material hashes, and also metadata. Easy Domains CEO Matthew Gould responded to charges of trademark fraud through explaining that their license functions were tactical procedures to shield their functional flexibility and guard against prospective advancements coming from major Web2 domain computer system registries.
This cooperation between ENS and GoDaddy notes the combination of domain names and blockchain innovation, gaining both the Web2 and also Web3 ecosystems. Web3 individuals may now connect their.eth domain names to traditional URLs without accumulating added prices, creating the procedure extra available and also hassle-free. The switch is implemented by means of brand-new ENS intelligent agreements, giving domain holders along with increased self-sovereignty and also control over their decentralized identifications.
I applaud Nick Johnson for standing up and defending ENS’s intellectual property. It’s essential to protect innovation and foster a fair environment for all.
So now ENS thinks they can just steal technology from other companies? Not cool, guys. ðŸ˜
Gas fees were not the only reason people were deterred from transferring their domain names to ENS. The whole process is just too complicated and inconvenient.
I wouldn’t be surprised if there are hidden costs or limitations that they conveniently didn’t mention in the article. 😒