Tag: Ethereum Name Service (ENS)

The Ethereum Name Service (ENS) has recently made headlines across various crypto outlets, celebrating the launch of the native ENS token. Also, the token launch included a free ENS token airdrop to early users of the ENS services. For many users, this was a five-figure airdrop from the ENS platform. The primary service from ENS is to offer users a human-readable Ethereum domain name instead of a long-character wallet address. ENS aims to lower the technical barriers by removing strings of random digits with familiar, recognizable ENS domain names. But, how does the Ethereum Name Service (ENS) work under the hood? What is the responsibility of the ENS token?