ENS
Naming system simplifying crypto addresses.
Beginner-friendly explanation
ENS lets you replace your complicated Ethereum address with an easy-to-remember name (like an internet domain). Example: Instead of using “0x123...”, you can receive crypto at “paul.eth”.
Intermediate-level insight
ENS is based on smart contracts and acts as a decentralized name registry. You can link your ENS to multiple addresses (ETH, BTC, etc.). Example: Your ENS “trader.eth” can point to both your Ethereum and Bitcoin wallets simultaneously.
Advanced perspective
ENS uses an auction system, yearly renewals, and allows linking metadata (avatar, bio, social links). Its integration in DeFi and Web3 boosts adoption. Example: DeFi platforms automatically display your ENS instead of your address when connected with MetaMask.
NFT DEFI Web3
ENS, domain name, Ethereum address, Web3 identity, decentralized registry