Ethereum Name Service (ENS)
By CoinGecko | Updated on Aug 12, 2021
The Ethereum Name Service (ENS) is a look-up service that allows Ethereum users to find websites or send and receive funds via simple names instead of complicated sequences of letters and numbers. ENS features a registry smart contract that keeps track of all domain names, subdomains, owners, resolvers, and other information, as well as allowing the owner to update it. It works like the Domain Name System (DNS), but ENS is decentralized and more secure.
Related Terms
Derivatives
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STO
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
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