Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Etherscan is seeking $1 million in funding per year to improve ENS functionality

Ethereum: Etherscan is seeking $1 million in funding per year to improve ENS functionality

Harit, a leading member of the Etherscan team and a renowned Ethereum blockchain researcher, has made a request for funding amounting to $1 million per year to support the development of the Ethereum Name Service (ENS). This request has garnered attention, including that of Colin Wu, a notable Chinese journalist.

In his proposal, Harit emphasizes that the presence of ENS names on high-level blockchains is crucial for maintaining and stimulating the continuous usage and adoption of ENS. ENS, a decentralized open-source naming system, facilitates the association of user-friendly names with Ethereum addresses.

Harit notes that the funding request is aimed at the ongoing development, support, and coverage of expenses related to hosting ENS on Etherscan and blockchain explorers managed by the team.

Furthermore, Harit outlines several useful features that Etherscan can create as part of this initiative. He highlights that Etherscan can expand its current support for ENS on the first level of Ethereum and extend it to second-level Ethereum researchers. The second level of Ethereum includes #Optimism (OP), #Arbitrum (ARB), #Polygon (MATIC), and other sidechains that utilize ENS.

He also proposes the creation of additional tools and functionalities, such as enhanced search and filtering for ENS names, integration with wallets and exchanges, as well as improved analytics and reporting.

In response to Harit's proposal, the ENS DAO community has begun discussing the possibility of funding and supporting the project. Some community members have expressed their support for the idea, recognizing the importance of ENS for the #Ethereum ecosystem and the need for its continuous development and support.

However, there are also those who have expressed doubts about the necessity of funding ENS through the #Etherscan team. Some believe that #ENS should be an independent and self-funded project, rather than relying on funding from a separate team.

Currently, the discussion is ongoing, and the ENS DAO community is expected to make a decision regarding the project's funding in the near future.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Press Releases: NOWK Unveils Revolutionary Crypto Utility: Secrets Revealed!
No One Will Know (NOWK) Meme Coin Takes Solana by Storm - In an exciting development for the Solana ecosystem, No One Will Know (NOWK) has officially launched, bringing a new wave..
Press Releases: Shiba Inu’s Rise May Be Limited, But WallitIQ (WLTQ) Is On Track For 10,000% Explosive Growth By March
The cryptocurrency market has seen its fair share of ups and downs, with tokens like Shiba Inu (SHIB) captivating the imaginations of millions of investors. However, as seasoned crypto..
Press Releases: xJar Protocol Offers 1% Daily ROI, The Revolutionary Platform on BNB Chain - Early Adopters Rush to Secure Positions
Ground-Breaking Protocol Delivers Automated 1% Daily Returns with Military-Grade Security on BNB Chain By xJar..
Press Releases: Dogecoin Millionaire Picks This Sub $1 Altcoin as the Top Choice for Long-Term Crypto Wealth
Dogecoin (DOGE) has recently dropped, triggering fears of a continued price fall. Investors now consider RCO Finance an appropriate alternative after its ongoing presale has sold more..