RATE Group | Ethereum Name Service Adds Infrastructure for Multi-Currency Support
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Ethereum Name Service Adds Infrastructure for Multi-Currency Support

18 Oct Ethereum Name Service Adds Infrastructure for Multi-Currency Support

Posted at 18:40h in Bitcoin News by

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Ethereum Name Service Adds Infrastructure for Multi-Currency Support

On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets.

Also read: Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash

15 Wallets and Platforms Pledge to Support the Ethereum Name Service

Anyone who has used a cryptocurrency like bitcoin cash (BCH) or ethereum (ETH) knows that long alphanumeric addresses can be awkward, especially to newcomers. The Ethereum Name Service attempts to solve this issue by providing a decentralized method of using simple, human-readable names. So users who use ENS don’t have to rely on long addresses and anyone can use names like “alice.mywallet.eth.” In order to send ‘Alice’ funds, you simply use the ENS name with a compatible wallet.

ENS is already supported by well…

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