$ENS just announced a big update to how .eth names work đ
Ethereum Name Service turns long wallet addresses into readable names like yourname.eth. According to Foresight News, the new update brings:
âą Hierarchical registries: each domain can work as its own on-chain registry
âą Permission groups: communities and companies can set custom rules for who gets subdomains and who can manage them
âą Changes to how names resolve, plus support for sharing record links
Why it matters: this makes ENS more useful for organizations, not just individuals. A DAO, a game or a company could hand out names like alice.project.eth to its members, with its own rules, all on-chain.
The bigger picture: readable names make sending crypto safer. Copying a name is much harder to mess up than copying a 42-character address, which is exactly what address poisoning scams exploit.
Is on-chain identity the next big use case for $ETH ? Do you use a .eth name? đ
#Ethereum #Web3 #CryptoNews
Ethereum Name Service turns long wallet addresses into readable names like yourname.eth. According to Foresight News, the new update brings:
âą Hierarchical registries: each domain can work as its own on-chain registry
âą Permission groups: communities and companies can set custom rules for who gets subdomains and who can manage them
âą Changes to how names resolve, plus support for sharing record links
Why it matters: this makes ENS more useful for organizations, not just individuals. A DAO, a game or a company could hand out names like alice.project.eth to its members, with its own rules, all on-chain.
The bigger picture: readable names make sending crypto safer. Copying a name is much harder to mess up than copying a 42-character address, which is exactly what address poisoning scams exploit.
Is on-chain identity the next big use case for $ETH ? Do you use a .eth name? đ
#Ethereum #Web3 #CryptoNews