Home » Sunnybay.eth paid 38 eth for an ENS domain

Sunnybay.eth paid 38 eth for an ENS domain

Sunnybay.eth paid 38 eth for an ENS domain

Sunnybay.eth bought an ENS domain for a whopping 38 ether. The average cost for an ENS is $5 per year, which is what the fee is. Please be aware that you may have to pay more for Ethereum gas. However, this one is pretty expensive.

The Ethereum Name Service, or ENS, is a naming system built on top of the Ethereum blockchain. It is decentralized, open, and can be expanded. ENS is in charge of turning names like “alice. eth” into things that machines can understand, like Ethereum addresses, addresses for other cryptocurrencies, content hashes, and metadata.

ENS was started by the Ethereum Foundation at the start of 2017, but in 2018 it broke off and became its own organization. An organization in Singapore called True Names LTD, which doesn’t make money, is in charge of making ENS. ENS is a public good and an important part of the community’s Internet infrastructure.

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