News Report
October 11, 2022

ENS announces an upcoming subdomain update

In Brief

The Ethereum Domain Name Service will soon allow users to create subdomains

As of October 11, more than 2.6 million ENS domain names were registered

ENS announces an upcoming subdomain update

ENS holders will soon be able to create subdomains for their .eth addresses. 

The Ethereum Name Service has not yet shared details on this update. However, the organization has been working on the wrapper service for a year and will introduce this and other significant updates in the following months.

ENS is an open-source, decentralized internet naming protocol. It can be used as a cryptocurrency address, a Web3 username, and an address for decentralized websites. Individuals and companies can create ENS domain names via the official website or purchase them from the secondary market on OpenSea. It’s worth noting that with the update, users will also have the opportunity to buy, sell, and trade subdomains. 

In September this year, ENS also announced a partnership with Coinbase, one of the largest cryptocurrency exchange platforms. The companies offered free-of-charge Web3 Coinbase usernames, “cb.id.” These are subdomains registered under the ENS protocol, and .eth domain holders have an opportunity to build digital identities using their existing addresses. 

ENS has also recently partnered with Lens Protocol, a creator-focused decentralized social graph. With this collaboration, Lens data, such as display name, profile photo, cover image, and address, will be queried via ENS resolution.

As of October 11, more than 2.6 million ENS domain names have been registered. In September, individuals and companies created approximately 437.000 new domains. This signifies an increasing adoption of Web3 and the willingness of individuals and businesses to explore the new internet. 

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories

HashKey Capital: Altcoin Season Is About To Begin

by Alisa Davidson
November 07, 2024
Join Our Newsletter.
Latest News

HashKey Capital: Altcoin Season Is About To Begin

by Alisa Davidson
November 07, 2024

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Spark Launches First On-Chain Order Book On Ethereum, Powered By Fuel Virtual Machine
News Report Technology
Spark Launches First On-Chain Order Book On Ethereum, Powered By Fuel Virtual Machine
November 7, 2024
StakeStone Introduces Its First Staking Vault In Collaboration With Plume Network
News Report Technology
StakeStone Introduces Its First Staking Vault In Collaboration With Plume Network
November 7, 2024
HashKey Capital: Altcoin Season Is About To Begin
Markets News Report Technology
HashKey Capital: Altcoin Season Is About To Begin
November 7, 2024
Solv Protocol Enhances SolvBTC With Asset Classification System
News Report Technology
Solv Protocol Enhances SolvBTC With Asset Classification System
November 7, 2024