Ethereum Name Service (ENS) is a system that links readable addresses to unreadable Ethereum addresses. A wallet address on Ethereum is impossible to remember due to its complexity. Ethereum Name Service changes that by converting these types of addresses to readable addresses.More
Owners of a smart contract on Ethereum can capture an address from Ethereum Name Service (ENS). Addresses end in .eth, and could look like 'coinmerce.eth'. Users can then use this address to navigate to your smart contract.More
You can buy ENS tokens from Coinmerce. You do this by indicating in the buy window how many ENS tokens you want to buy. It is also possible to enter an amount in euros. Then you can pay with iDEAL, SEPA Bancontact or credit card.More
If you want to buy ENS tokens, the best place to do that is at Coinmerce. Here you buy ENS tokens with iDEAL, SEPA, Bancontact, credit card, Giropay and MyBank. To do this, you specify in the purchase window how many ENS tokens you would like to buy. Then you can complete the purchase immediately, although you also have the choice of placing a stop-limit order or a recurring order. Once the transaction is completed, you will find your ENS tokens in your Coinmerce wallet.
To visit a website on the Internet, all you have to do is enter a web address. Then you basically navigate to the IP address of the web server that this website is running on. However, it is virtually impossible to remember the IP address of a website. Therefore, DNS (Domain Name Server) is used. This is a system in which IP addresses are linked to web addresses.
Ethereum Name Server (ENS) works in the same way. An Ethereum address is incredibly difficult to remember. To make the blockchain more user-friendly, a group of developers decided to make the unreadable addresses readable. They do this by allowing people to register an address that they can link to their wallet, smart contact or application. This makes it a lot easier to navigate within the blockchain, and can help improve the usability of blockchain technology.