discuss ENS (Ethereum Domain Service) .ETH domain names

According to one of their recent articles they will be expanding the ENS-solution to other TLDs - so there won't be any need for owning .crypto or .eth, people could just send the crypto to .com/.net etc

https://medium.com/the-ethereum-nam...izenship-in-the-global-namespace-7e66658fe2b1

"We have devised a system that uses DNSSEC to create cryptographic proofs to allow DNS domain name owners to claim their respective names for use on ENS.

For example, the Ethereum Foundation owns the DNS name “ethereum.org”; with our system they could also have an ENS record for “ethereum.org” (not ethereum.eth, which is a separate name). In this way, the Ethereum Foundation could use “ethereum.org” both for their normal website (using DNS) and for receiving cryptocurrency payments (using ENS).

This already works for .XYZ names, as well as in a special way for names on .LUXE, .KRED, and .ART. And soon we will be rolling out this functionality to all DNSSEC-enabled DNS TLDs, which is most DNS TLDs and includes all the major ones."

Alexej K said:

According to one of their recent articles they will be expanding the ENS-solution to other TLDs - so there won't be any need for owning .crypto or .eth, people could just send the crypto to .com/.net etc

https://medium.com/the-ethereum-nam...izenship-in-the-global-namespace-7e66658fe2b1

"We have devised a system that uses DNSSEC to create cryptographic proofs to allow DNS domain name owners to claim their respective names for use on ENS.

For example, the Ethereum Foundation owns the DNS name “ethereum.org”; with our system they could also have an ENS record for “ethereum.org” (not ethereum.eth, which is a separate name). In this way, the Ethereum Foundation could use “ethereum.org” both for their normal website (using DNS) and for receiving cryptocurrency payments (using ENS).

This already works for .XYZ names, as well as in a special way for names on .LUXE, .KRED, and .ART. And soon we will be rolling out this functionality to all DNSSEC-enabled DNS TLDs, which is most DNS TLDs and includes all the major ones."

Click to expand...

Just because they could, doesn’t mean they will. That would cause a backlash and they would lose credibility.

‘We’ve explained elsewhere why we think it isn’t responsible to create more ENS native TLDs.

However, we still plan on expanding the namespace available for use on ENS by integrating the DNS namespace.

My understanding is that .eth domains will be able to be used in conjunction with their existing equivalent .com (or other TLDs) Domains.

Meaning you’ll be able to use your .com domain as your multi coin wallet address among other things.


‘In addition to support for all cryptocurrencies, ENS is also a key component for the the emerging decentralized web’

Levi_charlz said:

Meaning you’ll be able to use your .com domain as your multi coin wallet address among other things.

Click to expand...

So you basically advertise your bank account/where your money is stored. Seems like a terrible idea.

Keith said:

So you basically advertise your bank account/where your money is stored. Seems like a terrible idea.

Click to expand...

Not really, it’s just a temporary means of transfer to a more private account. I think business transparency and accountability is a good thing. Unless businesses have something to hide.

In the U.K. Ltd companies have their accounts available on Compaines House for anyone to look at so it’s not that different.

SmartsContract.eth

Super-Annuation said:

SmartsContract.eth

Click to expand...

SmartContracts?

"Just because they could, doesn’t mean they will. That would cause a backlash and they would lose credibility."

@Levi_charlz Sorry, not sure I understand this point - what would cause a backlash and how would they lose credibility?

Alexej K said:

"Just because they could, doesn’t mean they will. That would cause a backlash and they would lose credibility."

@Levi_charlz Sorry, not sure I understand this point - what would cause a backlash and how would they lose credibility?

Click to expand...

If they created an ENS record for existing DNS domains and sold them it would p**s a lot of people off.

Levi_charlz said:

If they created an ENS record for existing DNS domains and sold them it would p**s a lot of people off.

Click to expand...

Right, that's not what they are planning to do - it's not them creating an ENS record for the existing DNS domains and selling them, it's about them giving an option to enable enable existing domain owners to register their domain names (of other TLDs) with ENS service, and then manage their non-.eth domain names from the ENS manager.

i.e how it's done with .xyz https://docs.ens.domains/dns-registrar-guide

Alexej K said:

Right, that's not what they are planning to do - it's not them creating an ENS record for the existing DNS domains and selling them, it's about them giving an option to enable enable existing domain owners to register their domain names (of other TLDs) with ENS service, and then manage their non-.eth domain names from the ENS manager.

i.e how it's done with .xyz https://docs.ens.domains/dns-registrar-guide

Click to expand...

ah, I get ya, thanks

Alexej K said:

Right, that's not what they are planning to do - it's not them creating an ENS record for the existing DNS domains and selling them, it's about them giving an option to enable enable existing domain owners to register their domain names (of other TLDs) with ENS service, and then manage their non-.eth domain names from the ENS manager.

Click to expand...

I imagine the name service would also be to get people buying preium digital real estate for the decentralized internet network. You do need to use a dApp to buy one, and you also need a dApp to manage one... for some reason, you don't need one of their names to be on the decentralized web though. they're using an .io

I have no idea whether the Ethereum Name Service will take off. I don't even know how to develop a site... use a dApp or what? I still want a souvenir though. Like keeping an Atari game in a world of Nintendo.

Heroins.eth
If I can give my wallet this name I'll be happy.

Birdies.eth
This name is pretty marketable and easy to remember.

Hodl.eth Auction just finished at 16 Ethereum

Super-Annuation said:

I have no idea whether the Ethereum Name Service will take off.

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I’m pretty sure *they said the same about .com domains

*the people who missed the boat

Something about completely owning a domain, with no renewals is enticing (.crypto). Add on a decentralized web3 application and they are gold nuggets.

Edit: Just realized .Eth has renewals, while .crypto does not.

Blockchain domains really need a home category on NP's. So much to discuss and currently the info is spread out in areas it doesn't belong. They are not Tor or DNS extensions.

Levi_charlz said:

I’m pretty sure *they said the same about .com domains

*the people who missed the boat

Click to expand...

When are the .crypto available?

Eventually, imagine having a website anyone could just go to and pay you by scanning the code you have. That simple.

It'll be even simplier, and banks will start accepting these wallet addresses as a means of payment.

The web domain becomes your wallet and bank address, accessible by anyone at anytime, yet secure and immutable.

This probably won't happen, but it can is what I'm getting at. Anyone can buy a code, slap it on their website, be paid in crypto (legal in NZ) and via that website as a tradie, and have their annual account keeping fee be the cost of a web domain annual renewal, plus a website.

Tech is coming a long way.

Websites will become more useful.

I also scored:
Wealths.eth
Birdies.eth
Heroins.eth
Singularities.eth
Onlined.eth
ManhattanRealestate.eth

And as you know CryptographicAssets, CannaBusiness, Financially

I'll get a few more today

Super-Annuation said:

When are the .crypto available?

Eventually, imagine having a website anyone could just go to and pay you by scanning the code you have. That simple.

It'll be even simplier, and banks will start accepting these wallet addresses as a means of payment.

The web domain becomes your wallet and bank address, accessible by anyone at anytime, yet secure and immutable.

This probably won't happen, but it can is what I'm getting at. Anyone can buy a code, slap it on their website, be paid in crypto (legal in NZ) and via that website as a tradie, and have their annual account keeping fee be the cost of a web domain annual renewal, plus a website.

Tech is coming a long way.

Websites will become more useful.

I also scored:
Wealths.eth
Birdies.eth
Heroins.eth
Singularities.eth
Onlined.eth
ManhattanRealestate.eth

And as you know CryptographicAssets, CannaBusiness, Financially

I'll get a few more today

Click to expand...

https://www.namepros.com/threads/crypto-showcase-discussion-news.1158229/

"This probably won't happen, but it can is what I'm getting at. Anyone can buy a code, slap it on their website, be paid in crypto (legal in NZ) and via that website as a tradie, and have their annual account keeping fee be the cost of a web domain annual renewal, plus a website." @Super-Annuation

This is exactly where it is going, there is very little doubt about it in my mind.

Just like we moved from typing IP addresses to typing domain names, we are now inevitably moving to a direction where another "translation" system is being developed to enable us accessing blockchain in a more user friendly way, in the particular case of ENS - enabling us to associate cryptocurrency address to a domain name.

i.e Heading to a direction where if you decide to purchase something on Google Playstore, you would be able to do so by sending cryptocurrency to domain Google.com (if associated with ENS), and through the information that is collected through the process Google would know exactly who is it that is paying them, for what services, and then deliver the services to the buyer. ;or

with the example of p2p payments, I could provide someone my "name.com" domain (associated to my cryptowallet) and they could send me crypto directly.

I'm not going address the role of banks in these, as one of the main "promises (if you will)" of crypto is enabling individuals to become their own bank and master of their financial wallets - and ENS is playing a huge part in bringing crypto closer to general population. (altho I am questioning some of their recent governance decisions, and it is becoming more of a technological vs political debate)

Also, saying all that, I'd definitely recommend not going on a spending spree for .eth domain names - as a historical souvenir, yes, as a domain name investment - no.

Alexej K said:

"This probably won't happen, but it can is what I'm getting at. Anyone can buy a code, slap it on their website, be paid in crypto (legal in NZ) and via that website as a tradie, and have their annual account keeping fee be the cost of a web domain annual renewal, plus a website." @Super-Annuation

This is exactly where it is going, there is very little doubt about it in my mind.

Just like we moved from typing IP addresses to typing domain names, we are now inevitably moving to a direction where another "translation" system is being developed to enable us accessing blockchain in a more user friendly way, in the particular case of ENS - enabling us to associate cryptocurrency address to a domain name.

i.e Heading to a direction where if you decide to purchase something on Google Playstore, you would be able to do so by sending cryptocurrency to domain Google.com (if associated with ENS), and through the information that is collected through the process Google would know exactly who is it that is paying them, for what services, and then deliver the services to the buyer. ;or

with the example of p2p payments, I could provide someone my "name.com" domain (associated to my cryptowallet) and they could send me crypto directly.

I'm not going address the role of banks in these, as one of the main "promises (if you will)" of crypto is enabling individuals to become their own bank and master of their financial wallets - and ENS is playing a huge part in bringing crypto closer to general population. (altho I am questioning some of their recent governance decisions, and it is becoming more of a technological vs political debate)

Also, saying all that, I'd definitely recommend not going on a spending spree for .eth domain names - as a historical souvenir, yes, as a domain name investment - no.

Click to expand...

Agreed. I’d take it easy on them.

if it’s a premium 1 word then maybe pick up a couple if the price is right. @Super-Annuation

Alexej K said:

"This probably won't happen, but it can is what I'm getting at. Anyone can buy a code, slap it on their website, be paid in crypto (legal in NZ) and via that website as a tradie, and have their annual account keeping fee be the cost of a web domain annual renewal, plus a website." @Super-Annuation

This is exactly where it is going, there is very little doubt about it in my mind.

Just like we moved from typing IP addresses to typing domain names, we are now inevitably moving to a direction where another "translation" system is being developed to enable us accessing blockchain in a more user friendly way, in the particular case of ENS - enabling us to associate cryptocurrency address to a domain name.

i.e Heading to a direction where if you decide to purchase something on Google Playstore, you would be able to do so by sending cryptocurrency to domain Google.com (if associated with ENS), and through the information that is collected through the process Google would know exactly who is it that is paying them, for what services, and then deliver the services to the buyer. ;or

with the example of p2p payments, I could provide someone my "name.com" domain (associated to my cryptowallet) and they could send me crypto directly.

I'm not going address the role of banks in these, as one of the main "promises (if you will)" of crypto is enabling individuals to become their own bank and master of their financial wallets - and ENS is playing a huge part in bringing crypto closer to general population. (altho I am questioning some of their recent governance decisions, and it is becoming more of a technological vs political debate)

Also, saying all that, I'd definitely recommend not going on a spending spree for .eth domain names - as a historical souvenir, yes, as a domain name investment - no.

Click to expand...

I like the term "translation" system because to me that's what it is; trying to translate new technology and embed it in our daily lives.

Everyone might need a domain name so that paying a bill anywhere is as simple as "copy" and "paste" into a jot field, scanning a QR Code on the page to refund or deduct, saying the domain name words HomeFinance.eth (I just got this today) or StockQuotes.eth (just got this too) and have voice recognition be an addition to the broad range of multi-factor-authentication

Now say I can transfer you money by launching a smart contract.
1) you accept the terms
2) The terms are that I own the $10,000, but it's sitting in your account.
3) I pay my bills that way. money from your accout to my utility companies
4) this happens automatically. i wrote the terms at the beginning and you accepted.

This means transactions will be tough to unwind as the money is coming from anywhere, from anyone.
You could receive a salary into my account, and pay everything from mine (including yourself) and avoid debt collection? You could monitor your childrens spending by doing it for them. The possibilities are huge.

Regarding a site, You could use the site to receive donations from QR Code scans to deposits, receive a salary etc and have the address as whoevers, but still own the money under smart contracts. The banks would have to connect like they did with PayPal, but a system a solvency practictioner would kill himself over, in the case of bankruptcy and recoveries or whatever.

If we all have websites withh different codes for different purposes, then all URL extensions are going to become valuable. Everyone will need to have a page on the internet.

I meant WebDesigns.eth

The .com is valued at $155,000 - $250,000

Curious to see how .eth will perform in future

TheSandboxGame acquired the sand.eth domain enabling all future holders of l $SAND erc-20 tokens to have simple, human- readable names in their Metaverse!

More coins added to multi-coin ensdomain support

The future is here!

dogecoin,
MonaCoin,
Ripple
RSKsmart
BitcoinCash

Levi_charlz said:

Show attachment 132734

More coins added to multi-coin ensdomain support

The future is here!

dogecoin,
MonaCoin,
Ripple
RSKsmart
BitcoinCash

Click to expand...

So I can now use Ripple to purchase .eth domains? Way cool.