What does ENS stand for in crypto?

Introduction. The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS’s job is to map human-readable names like ‘alice. eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata.

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What is ENS wallet?

The Ethereum Name Service (ENS) is a naming service for wallet addresses, hashes, and other machine-readable identifiers . It turns difficult to read strings of data into easily readable addresses. It works similarly to the Domain Name System (DNS) used for websites.

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What is ENS name?

An Ethereum Name Service (ENS) domain is equivalent to a DNS domain and offers a decentralized and secure way to translate human-memorable text into Ethereum addresses. ENS domains currently end with . eth and have seven or more characters. They can be bought in an auction and can have hierarchical subdomains.

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How much is ENS token worth?

ENS Price Statistics Ethereum Name Service Price$17.9424h Low / 24h High$17.09 / $18.89Trading Volume24h$196,380,723.87 40.01%Volume / Market Cap0.5406Market Dominance0.02%Ethereum Name Service price today, ENS to USD live, marketcap and chart coinmarketcap.com › currencies › ethereum-name-service

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