Ethereum Name Service (ENS)

Basics

Founded in: 3-5-2017
Mainnet release:
Based in:

Offers a secure and decentralised way to address resources both on and off the blockchain using simple, human-readable names.
From this blog guide to ENS:

"The core functionality of the ENS is registering .eth domains. There are a few important rules to keep in mind when it comes to registering domains on the ENS:

Minimum domain length is 3 characters.
Annual renewal fees. 3 characters: $640/year, 4 characters: $160/year, 5+ characters $5/year.
Emojis are valid. 👍🏼"

On it's value and competition as this tweet (19-1-2020) puts it:

"Allows anyone to substitute a hex address to a resource on the network for a human-readable name. ENS is a uniform resource identifier service on ETH and now has a 4-year head start on any other platform service at the time of this tweet."

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Tech

Whitepaper can be found [insert here].
Code can be viewed [insert here].
Built on:
Programming language used:

Transaction Details

Capacity (TPS):
Latency:

How it works

Mining

Staking

Layer Two

This proposal (9-9-2020) goes into a possible L2 solution for ENS names.

Different Implementations

Interoperability

Other Details

Privacy Method being used

Compliance

Oracle Method being used

Got Chainlink integrated (26-7-2020).

Their Other Projects

DEX

Governance

DAO

Self Funding Mechanism

Upgrades

Roadmap

Can be found [Insert link here].
From their post (7-4-2020); they want to have manager improvements, a homepage revamp and some unclear future governance improvements.

From their State of the ENS (22-9-2020):

"Our focus is mostly on rolling out DNSSEC integration as well as bug fixing and improving our ENS manager app.

For more long term goals, we will be discussing at our up and coming ENS workshop."

Audits

Bug bounty program can be found [insert here]. None according to Blockchain Security DB (29-6-2020), which does show 1 audit(3-2019).

Bugs

Sam Sun found a bug in their project. This required a complete migration (3-3-2020) to new contracts.

Usage

From this blog (11-12-2019)

"The average Ethereum Name Service owner purchased 1–2 domain names while some “whales” own hundreds. And (while this data point is no longer accurate) at one point there were over 600k auctions of ENS domains."

From their State of the ENS (22-9-2020):

"The overall number of names has decreased quite drastically from 310k to 190k. This is due to expired names after ENS transitioned into an annual fee model.

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