As the crypto world prepares for the Ethereum merger next month, the number of Ethereum Name Service (ENS) addresses created has surged, topping 2 million yesterday, after hitting the 1.8 million mark a while ago. at two weeks.
“2m ENS names created! tweeted the ENS Domains account. “It took 5 years to get to 1m names, then 3.5 months to get to 2m names, and we’re just getting started. »
According to a report by Dune Analytics, the total number of ENS names created to date is 2,006,083, with 526,558 unique participants and 374,819 primary names (also known as “reverse names”) registered.
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.
“2 million on the books and just the start,” tweeted reseller ENS Domain Broker. “Congratulations ENS. »
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), cryptographically unique tokens that prove ownership of a digital or physical item. An ENS name can be linked to an Ethereum wallet and used as an address instead of the usual long string.
But ENS domains aren’t the only name game in town. Last month, ENS rival Unstoppable Domains hit a $1 billion valuation after a $65 million Series A funding round. Unstoppable Domains said it surpassed two million domains registered on its service in February.
After ENS Domains passed the 1.8 million registrations milestone earlier this month, Khori Whittaker, executive director of True Names Limited – the company behind ENS Domains – told Decrypt that the rise was the result of organic community growth.
“There is an extremely active and passionate ecosystem of ENS advocates, independently and organically building sub-communities and spreading awareness of the possibilities of ENS domains,” Whittaker said in an email.
Whitaker did not respond to a request for comment from Decrypt on this final step.
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