Blockchain
By Steven Anderson
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Ethereum (ETH) ENS Domains
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A General Purpose Bridge for Ethereum Layer 2 was demoed. Nick Johnson, Founder and Lead Developer of ENS has explained it in detail.
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He pointed to how there is a proliferation of layer 2 solutions for Ethereum and on how many of them are beginning to reach maturity.
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Sydney Ifergan, the crypto expert tweeted: “Layer-2 solutions are the life line of anything other than Bitcoin happening in the Blockchain Space.
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For those who do not understand Layer 2 solutions, they are reduce the need to interact directly with Ethereum while helping verify the correctness of data.
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Binance Academy states, two major examples of layer 2 solutions are the Bitcoin Lightning Network and the Ethereum Plasma.
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An interesting statement reads: Ethereum (ETH) is Socialism and Bitcoin (BTC) is Capitalism in the Blockchain Space – Politics somehow creeps in no matter how decentralized…
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For those who do not know about Ethereum Name Service, it is the way by which you can have one name for all your cryptocurrency wallets, a decentralized website, and more - with…
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Scott Cunningham stated, “The ENSDomains is an amazing project that allows you to purchase and set up a human-readable .eth address for people to send various cryptocurrencies to.
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The community are discussing on Who is going to support ENS Domains by default first? Chrome or Mozilla? We need .eth to be resolved natively without any extensions.
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When someone asked if it is a W3C Standard, the reply was: It's not, but you're right, we need a W3C standard for alternative domain name systems like ENSDomains and…
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Interestingly someone pointed to stating, Boomers are boomers. Unless Mozilla turns into an DAO, Firefox and (for sure) Chromium will never implement Web3 specific protocols by…
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