What is FNS domain name? A complete explanation of the principles and functions of Ethereum domain name service

ETH Name Service (ENS), a decentralized domain name system, simplifies blockchain interactions with memorable .eth domains connected to multiple crypto wallets and Web3 services, enhancing security and ease of use.

Feb 08, 2025 at 07:06 am

Key Points:

• Introduction to Ethereum Name Service (ENS)
• Benefits of using ENS domains
• How FNS domains differ from traditional DNS
• The role of FNS in the DNS ecosystem
• FNS pricing and registration process

Introduction to Ethereum Name Service (ENS)

The Ethereum Name Service (ENS) is a decentralized domain name system that provides a human-readable address for Ethereum addresses and other blockchain-based resources. It allows users to register domain names (.eth) that can point to multiple crypto wallets, websites, or other decentralized services.

Benefits of using ENS domains

• Simplified transaction: ENS domains make it easier for users to send and receive cryptocurrencies and interact with blockchain applications. Instead of using long and complex wallet addresses, they can use a short and memorable .eth domain name.
• Increased security: ENS domains reduce the risk of errors when sending transactions, as they can't be spoofed or easily compromised. They also protect users from phishing attacks that target traditional domain names.
• Web3 integration: ENS domains serve as a universal identity within the Web3 ecosystem, allowing users to connect and interact with dApps, DeFi protocols, and other decentralized services.

How FNS domains differ from traditional DNS

Unlike traditional DNS (Domain Name System), which relies on a centralized network of servers, FNS is built on the decentralized Ethereum blockchain. This provides several advantages:

• Decentralization: ENS records are stored on the blockchain, making them tamper-proof and censorship-resistant. There is no single entity that can control or manipulate domain names.
• Extensibility: FNS allows users to associate arbitrary data with their domain names, enabling them to create custom applications and services on top of the ENS network.
• Ownership and control: ENS domains are owned and controlled by their individual users, not by a central authority.

The role of FNS in the DNS ecosystem

FNS complements traditional DNS by providing a bridge between the decentralized world of blockchain and the existing infrastructure of the internet. It allows users to resolve .eth domain names to traditional IP addresses, enabling them to access dApps and decentralized services from within their web browsers or mobile devices.

FNS pricing and registration process

The cost of registering an ENS domain varies depending on the length and popularity of the domain name. Registration fees are paid in Ethereum and can range from a few dollars to thousands of dollars for premium names. The registration process involves the following steps:

• Search for available domain names: Use the ENS domain search tool to check the availability of your desired domain name.
• Purchase the domain name: Acquire the domain name through an ENS registrar such as Namecheap or Unstoppable Domains.
• Configure the domain settings: Point your ENS domain to the desired resource, such as an Ethereum wallet address or website.
• Resolve the domain name: Use an ENS resolver, such as Infura or Pocket Network, to resolve the ENS domain name to its associated resource.

FAQs:

• What is the difference between FNS and DNS?
  FNS is a decentralized domain name system built on the Ethereum blockchain, while DNS is a centralized domain name system that manages domain names on the internet. FNS provides human-readable addresses for blockchain-based resources, while DNS provides human-readable addresses for websites and other internet resources.
• What are the benefits of using FNS domains?
  FNS domains simplify transactions, increase security, and improve web3 integration. They make it easier to send and receive cryptocurrencies, reduce the risk of transaction errors, and allow users to access decentralized services from within their web browsers or mobile devices.
• How do I register an ENS domain?
  To register an ENS domain, you need to search for available domain names, purchase the domain name through an ENS registrar, configure the domain settings, and resolve the domain name to its associated resource using an ENS resolver.
• What is the cost of registering an ENS domain?
  The cost of registering an ENS domain varies depending on the length and popularity of the domain name. Registration fees are paid in Ethereum and can range from a few dollars to thousands of dollars for premium names.