{"id":26285,"date":"2022-08-18T00:56:00","date_gmt":"2022-08-18T00:56:00","guid":{"rendered":"http:\/\/egrowonline.com\/?p=26285"},"modified":"2022-08-18T00:56:00","modified_gmt":"2022-08-18T00:56:00","slug":"ethereum-name-creation-doubles-in-four-months-to-2-million","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=26285","title":{"rendered":"Ethereum Name Creation Doubles In Four Months to 2 Million"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div style=\"background-color:transparent;background-size:20% 100%;background-image:linear-gradient(to right, rgba(0, 0, 0, 0.04) 1px, transparent 1px);background-position:0%;overflow:visible;font-size:1.2em;line-height:1.58;text-align:left\">\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">As the crypto world gears up for the Ethereum <a target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/what-merge-ethereum-move-proof-stake\" class=\"sc-adb616fe-0 ePvUAp\" rel=\"noopener\">Merge<\/a> next month, the number of Ethereum Name Service (ENS) addresses created has surged, surpassing 2 million yesterday, after crossing the <a target=\"_blank\" href=\"https:\/\/decrypt.co\/106598\/ethereum-name-service-domain-registrations-hit-all-time-high-as-merge-approaches\" class=\"sc-adb616fe-0 ePvUAp\" rel=\"noopener\">1.8 million<\/a> mark two weeks ago.<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">&#8220;2m ENS names created!&#8221; tweeted the ENS Domains account. &#8220;It took 5 years to get to 1m names, then 3.5 months to get to 2m names, and we&#8217;re just getting started.&#8221;<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">According to a Dune Analytics report, the total number of ENS names created is 2,006,083 as of this writing, with 526,558 unique participants and 374,819 primary names (also known as \u201creverse names\u201d) registered.<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">Primary names allow Ethereum addresses to point to an ENS name, allowing dapps to find and display ENS names when users connect them to their Ethereum account.<\/p>\n<figure class=\"w-full max-w-full mt-4 overflow-hidden\"><span style=\"overflow:hidden;width:initial;height:initial;background:none;border:0;margin:0;padding:0\"><span style=\"width:initial;height:initial;background:none;border:0;margin:0;padding:0;padding-top:42.12432106216053%\" \/><img decoding=\"async\" src=\"image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-nimg=\"responsive\" class=\"object-contain absolute inset-0 box-border p-0 border-0 m-auto block w-0 h-0 min-w-full max-w-full min-h-full max-h-full\" style=\"padding:0;border:none;margin:auto;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" \/><img decoding=\"async\" srcset=\"https:\/\/cdn.decrypt.co\/resize\/600\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 600w, https:\/\/cdn.decrypt.co\/resize\/640\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 640w, https:\/\/cdn.decrypt.co\/resize\/768\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 768w, https:\/\/cdn.decrypt.co\/resize\/950\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 950w, https:\/\/cdn.decrypt.co\/resize\/1024\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 1024w, https:\/\/cdn.decrypt.co\/resize\/1200\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 1200w, https:\/\/cdn.decrypt.co\/resize\/1280\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 1280w, https:\/\/cdn.decrypt.co\/resize\/1536\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp 1536w\" src=\"https:\/\/cdn.decrypt.co\/resize\/1536\/wp-content\/uploads\/2022\/08\/word-image-13.png.webp\" data-nimg=\"responsive\" style=\"padding:0;border:none;margin:auto;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%\" class=\"object-contain absolute inset-0 box-border p-0 border-0 m-auto block w-0 h-0 min-w-full max-w-full min-h-full max-h-full\" loading=\"lazy\" \/><\/span><\/figure>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">&#8220;2 million on the books and it&#8217;s just the start,&#8221; tweeted reseller ENS Domain Broker. &#8220;Congrats ENS.&#8221;<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">The <a target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/ethereum-name-service-ens-explained-guide-learn\" class=\"sc-adb616fe-0 ePvUAp\" rel=\"noopener\">Ethereum Name Service<\/a> manages the issuance and renewal of .eth domain names built on the <a target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/what-is-ethereum-quickly-explained-four-minute-guide\" class=\"sc-adb616fe-0 ePvUAp\" rel=\"noopener\">Ethereum<\/a> blockchain. The domains can also be sold as <a target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/non-fungible-tokens-nfts-explained-guide-learn-blockchain\" class=\"sc-adb616fe-0 ePvUAp\" rel=\"noopener\">NFTs<\/a> (non-fungible tokens), cryptographically unique tokens that show proof of ownership of a digital or physical object. An ENS name can be linked to an Ethereum wallet and used as the address in place of the usual long string of characters.<\/p>\n<p><!-- --><\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">But ENS domains are not the only name game in town. Last month, ENS&#8217;s rival, <a target=\"_blank\" href=\"https:\/\/decrypt.co\/106009\/unstoppable-domains-reaches-unicorn-valuation-with-65m-series-a-round\" class=\"sc-adb616fe-0 ePvUAp\" rel=\"noopener\">Unstoppable Domains<\/a>, reached a valuation of $1 billion after a $65 million Series A funding round. Unstoppable Domains said it surpassed two million registered domains on its service in February.<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">After ENS Domains crossed 1.8 million earlier this month, Khori Whittaker, executive director of True Names Limited\u2014the company behind ENS Domains\u2014told <i>Decrypt<\/i> that the surge in registration was the result of organic growth in the community.<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">&#8220;There is an extremely active and passionate ecosystem of ENS advocates, and they are independently and organically creating sub-communities and spreading the word about what&#8217;s possible with ENS domains,&#8221; Whittaker said in an email.<\/p>\n<p class=\"font-meta-serif-pro font-normal text-lg sm:text-xl sm:leading-9 tracking-px text-body\">Whitaker did not respond to a <i>Decrypt <\/i>request for comment on this latest milestone.<\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<p><span class=\"border-t-4 border-l-4 w-4 h-4 sm:border-t-[6px] sm:border-l-[6px] sm:w-6 sm:h-6 border-decryptPurple dark:border-decryptNeon absolute top-4 left-4 sm:top-6 sm:left-6\" \/><span class=\"border-t-4 border-l-4 w-4 h-4 sm:border-t-[6px] sm:border-l-[6px] sm:w-6 sm:h-6 border-decryptPurple dark:border-decryptNeon absolute rotate-180 bottom-4 right-4 sm:bottom-6 sm:right-6\" \/><\/p>\n<h3 class=\"font-ak-bold text-xl sm:text-3xl mb-6 md:text-center\">Stay on top of crypto news, get daily updates in your inbox.<\/h3>\n<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/decrypt.co\/107689\/ethereum-name-creation-double-in-four-months-to-2-million\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the crypto world gears up for the Ethereum Merge next month, the number of Ethereum Name Service (ENS) addresses created has surged, surpassing 2 million yesterday, after crossing the 1.8 million mark two weeks ago. &#8220;2m ENS names created!&#8221; tweeted the ENS Domains account. &#8220;It took 5 years to get to 1m names, then [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[1335,2769,158,545,121],"class_list":["post-26285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-creation","tag-doubles","tag-ethereum","tag-million","tag-months"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/shutterstock_146551364-16x9-1-scaled-gID_1.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26285"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26285\/revisions"}],"predecessor-version":[{"id":26287,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26285\/revisions\/26287"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/26286"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26285"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}