Price: $0.38576 2.531%
Market Cap: 56.66B 1.7484%
Volume (24h): 8.25B 0.4%
Dominance: 1.7484%
Price: $0.38576 2.531%
Market Cap: 56.66B 1.7484%
Volume (24h): 8.25B 0.4%
Dominance: 1.7484% 1.7484%
  • Price: $0.38576 2.531%
  • Market Cap: 56.66B 1.7484%
  • Volume (24h): 8.25B 0.4%
  • Dominance: 1.7484% 1.7484%
  • Price: $0.38576 2.531%
Home > Information news > ENS and GoDaddy Join Forces to Enhance Web3 Transition

ENS and GoDaddy Join Forces to Enhance Web3 Transition

Release: 2024/02/06 13:02 Reading: 764

Original author:TheNewsCrypto

Original source:https://coinmarketcap.com/community/articles/65c1b34e62cd9a3f3562964d

ENS and GoDaddy Join Forces to Enhance Web3 Transition

  • Users gain control over their digital identities with the help of GoDaddy by connecting blockchain domains.
  • Users can now connect blockchain domains to conventional website addresses.

In order to facilitate the transition from conventional web domains to the decentralized Web3 domains, the Ethereum Name Service (ENS) has teamed up with GoDaddy, a domain registrar, to provide customers free usage of the .eth web domains with their URLs.

Web2 and Web3 infrastructures are becoming more interdependent, and this partnership reflects that. Anyone may register .eth domains on a blockchain using the ENS, which is a decentralized domain.

Improved Domain Management

These domains simplify crypto transactions by rebranding the otherwise intimidating wallet addresses. Users may now improve accessibility and gain control over their digital identities with the help of GoDaddy by connecting blockchain domains to conventional website addresses.

Furthermore, this collaboration addresses the issue of high gas fees, which have prevented many from transferring their domains to the ENS architecture. Nevertheless, a new smart contract protocol has greatly improved domain resolution, allowing DNS domain owners to experience a greater degree of self-sovereignty at no extra cost.

There has been more development outside the ENS ecosystem update that includes the GoDaddy connection. Unstoppable Domains, an existing rival in the Web3 domain arena, and ENS saw a type of Ethers integration in an effort to expand their respective markets.

Because of which .eth names with improved domain management functions and more payment choices were able to be purchased. To ensure functional consistency, the ENS smart contract validates all domains registered using this channel.

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