$121.04 -2.18%
ETH · 77w

Ethereum Dapp Commercialization: Nears 1,300 .eth Domain Names; District0x ENS Innovation

Ethereum Commercialization: Nears 1,300 .eth Domain Names; District0x ENS Innovation Source

We’ve been hearing about cryptocurrency for years now, but this may truly be the first major step toward the commercialization of the Ethereum Blockchain. The Ethereum Name Service (ENS) Domain Auction began in May, 2017 and 100% of domain names in the registry have been released. This means — you favorite .eth domain could still be up for grabs OR in someone else’s posession. Luckily, secondary exchanges like are popping up to assist the Ethereum Blockchain users with buying and selling these .eth domain names; but what are these domains used for?


As we can see above, the ENS domain name is used as an identity piece in the entire Ethereum Blockchain ecosystem. Even better, the .eth domain can be used as your Ethereum wallet! Instead of the typical 42-digit Ethereum address, looking something like this:


You can have a wallet address like:

PayMeNow.eth; or MyWallets.eth; or JonsWallet.eth

On the surface, this seems like nothing important. Names instead of 42-digit numbers…really? YES. Unless we human beings learn the ability to memorize multiple 42-digit addresses without a problem, these ENS Domain/Dapp names will be important and are already proving to play a role in early decentralized ecosystems like District0x! What else can ENS domains be used with Dapps for?


The chart above gives some pretty interesting Ethereum Dapp domain name use cases. Notice how all of the Dapps on the upper portion are “Fueled by Ether (ETH)”? ETHEREUM Name Service…recognize a few of those Dapp examples above? We see quite a few use cases, but also see “More ideas? Developers wanted.” There is still inventing to be done here!

District0x Initial Coin Offering ENS Domain Name Use Case District0x ICO Page

District0x has already used and is continuing to use their ENS Domai...

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