As the crypto world gears up for next month’s Ethereum Merge, the number of Ethereum Name Service (ENS) addresses created surged, surpassing 2 million yesterday after surpassing 1.8 million two weeks ago. Exceeded.
“2m ENS name created!” tweeted the ENS Domains account. “It took us 5 years to reach 1 million names and 3.5 months to reach 2 million names. We are just getting started.”
Dune Analytics reports that the total number of ENS names created is 2,006,083 at the time of this writing, with 526,558 unique participants and 374,819 primary names (also known as “reverse names”) registered. I’m here.
A primary name allows an Ethereum address to point to an ENS name, allowing dapps to find and display the ENS name when a user connects to an Ethereum account.
“Two million in books, that’s just the beginning,” tweeted reseller ENS Domain Broker.
The Ethereum Name Service manages the issuance and renewal of .eth domain names built on the Ethereum blockchain. Domains can also be sold as NFTs (Non-Fungible Tokens), which are cryptographically unique tokens that represent proof of ownership of a digital or physical object. You can link your ENS name to your Ethereum wallet and use it as an address instead of the usual long strings.
But ENS domains aren’t the only big game in town. Last month, ENS rival Unstoppable Domains reached his $1 billion valuation after a $65 million Series A funding round. According to Unstoppable Domains, the number of domains registered on the service surpassed his 2 million in February.
After ENS Domains surpassed 1.8 million earlier this month, Khori Whittaker, Executive Director of True Names Limited, the company behind ENS Domains, said: Decryption The surge in subscriber numbers is the result of the organic growth of the community.
“There is a very active and passionate ecosystem of ENS advocates who have independently and organically created sub-communities to spread the word about what is possible in the ENS domain,” Whittaker said. said in an email.
Whitaker did not reply Decryption Request for comments on this latest milestone.
Stay on top of crypto news and get daily updates in your inbox.