Domain services

Creation of Ethereum domain names doubles in four months

With all the excitement surrounding the Ethereum merger slated for next month, the number of Ethereum Name Service (ENS) addresses created surpassed the 2 million mark, according to a Twitter post by ENS Domains.

See related article: Ethereum will soon be 7 years old – and its next “merger” will be worth it

Fast facts

  • Ethereum Name Service (ENS) domains are secure domain names for the decentralized world.
  • Nick Johnsonthe main developer of ENS, said in a post of his verified Twitter handle: “It took 5 years to reach 1,000,000 names and then only 3.5 months to reach 2,000,000!”
  • The widespread adoption can be seen by the fact that several prominent figures – including Ethereum’s co-founder Vitalik Buterinand Coinbase brian amstrong — added the .eth extension to their names on Twitter accounts.
  • According data from Dune Analyticsapproximately 2 million ENS registrations have been made to date, with 527,452 unique participants and 375,410 main names registered.
  • Ethereum’s long-awaited transition to proof-of-stake (PoS) could happen sooner than expected on September 15 or 16. The transition to Eth2 should make the network faster and more energy efficient.
  • Ethereum was trading at US$1,821, down 0.4%, as of 8:30 a.m. in Hong Kong, according to data by CoinMarketCap.

See related article: Binance Supports Ethereum PoS Merger, Evaluates New Forked Tokens