How ENS NameWrapper Encapsulation Enhances Functionality and Control over Ethereum Domain Names
On April 18th, it was reported that the Ethereum domain name service ENS has launched a new ENS app on the main network and supports NameWrapper (sub domain wrapper). Currently, th
On April 18th, it was reported that the Ethereum domain name service ENS has launched a new ENS app on the main network and supports NameWrapper (sub domain wrapper). Currently, the new ENS app is still in the alpha phase. NameWrapper enhances functionality by encapsulating existing ENS domain names into ERC-1155 tokens, including better control over the permissions of encapsulated domains and granting more permissions to subdomains.
Ethereum Domain Name Service ENS launched a new ENS App (Alpha) on the main network, supporting NameWrapper
Cryptocurrency enthusiasts and tech enthusiasts alike are closely following the evolution of the Ethereum domain name service (ENS) and its new rollout of the ENS app. On April 18th, this new app was launched on the Ethereum main network, enabling users to enjoy better control over their ENS domain names via the NameWrapper subdomain wrapper feature. This article will explore the meaning and implications of this launch and how it is set to impact the Ethereum network and its users.
Introduction to ENS and NameWrapper
ENS is a decentralized domain name service that was originally launched back in 2015 as a solution to the complex and often inefficient address system of blockchain technology. It was created to simplify human-readable names with blockchain addresses, making it easier to send and receive payments, access decentralized services, and interact with blockchain applications.
The new ENS app, a more advanced version of the original ENS service, promises to enhance the functionality of the Ethereum domain name system by encapsulating existing ENS domain names into ERC-1155 tokens. This encapsulation feature allows users to have more control over the permissions of their encapsulated domains and to grant more permissions to subdomains.
The Significance of NameWrapper for the Ethereum Network
The launch of ENS NameWrapper is significant for the Ethereum network and its users for several reasons. Firstly, it allows users to create subdomains using their existing primary ENS domain names without needing to buy new domains altogether. By encapsulating their existing ENS domain names into ERC-1155 tokens using NameWrapper, users can create new subdomains with more functionality, control, and permissions.
Secondly, NameWrapper enhances the security and privacy of Ethereum domain names by providing better access controls. This added functionality is especially useful for DAP developers and businesses that require more fine-grained control over their domain names and subdomains.
Finally, NameWrapper introduces a new revenue source for ENS, allowing it to monetize the entire ENS ecosystem. ERC-1155 tokens can be traded, which means that users can create valuable digital assets out of their domain names and trade them on secondary markets.
Getting Started with ENS NameWrapper
If you are an ENS domain name user, getting started with NameWrapper is easy. Start by visiting the ENS app on the Ethereum main network and navigate to the “NameWrapper” tab. From there, you can encapsulate your existing ENS domain names into ERC-1155 tokens and enjoy the added functionality and control that come with it.
Conclusion
The launch of the ENS NameWrapper feature marks a significant milestone in the evolution of the Ethereum domain name service. It offers users better control, security, privacy, and monetization options for their ENS domain names and subdomains. The encapsulation of ENS domain names into ERC-1155 tokens is set to revolutionize the Ethereum domain name system, offering a more intuitive and user-friendly experience.
FAQs
Q1. What is ENS NameWrapper?
ENS NameWrapper is a feature of the new ENS app that allows users to encapsulate existing ENS domain names into ERC-1155 tokens, providing more control, security, privacy, and monetization options.
Q2. Why is NameWrapper significant for the Ethereum network?
NameWrapper is significant for the Ethereum network because it introduces a new revenue source for ENS, enhances the security and privacy of domain names, and provides a more fine-grained control over subdomains.
Q3. How can I get started with ENS NameWrapper?
Getting started with NameWrapper is easy. Visit the ENS app on the Ethereum main network and navigate to the “NameWrapper” tab. From there, you can encapsulate your existing ENS domain names into ERC-1155 tokens and enjoy the added functionality and control that come with it.
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