How does ENS work?

The Ethereum Name Service (ENS) is a decentralized naming system built on the Ethereum blockchain.

It allows users to register and manage human-readable names that are associated with Ethereum addresses, making it easier for users to send and receive payments. ENS works by mapping a human-readable name, such as “myname.eth”, to an Ethereum address.

This is done through a process called “name registration”, where users can register their desired name with the ENS registry. Once registered, the name is associated with the user’s Ethereum address and can be used to send and receive payments. When someone wants to send funds to a user who has registered their name with ENS, they can simply enter the user’s name instead of their long and complicated Ethereum address.

The ENS registry will then look up the associated address and forward the payment accordingly. This makes it much easier for users to send and receive payments without having to worry about entering long addresses or dealing with complicated wallet software. In addition to providing an easy way for users to send and receive payments, ENS also provides other features such as domain name resolution, which allows users to access websites using their ENS names instead of IP addresses.

This makes it much easier for users to access websites without having to remember long strings of numbers or letters. Overall, ENS provides a convenient way for users to manage their names on the Ethereum blockchain while also making it easier for them to send and receive payments without having to worry about entering long addresses or dealing with complicated wallet software.