{"id":6670,"date":"2021-12-06T16:41:39","date_gmt":"2021-12-06T13:41:39","guid":{"rendered":"https:\/\/www.paribu.com\/blog\/?p=6670"},"modified":"2026-01-16T10:20:05","modified_gmt":"2026-01-16T07:20:05","slug":"ethereum-name-service-ens-explained-in-6-easy-steps","status":"publish","type":"post","link":"https:\/\/www.paribu.com\/blog\/en\/cryptocurrency\/ethereum-name-service-ens-explained-in-6-easy-steps\/","title":{"rendered":"Ethereum Name Service (ENS) Explained in 6 Easy Steps"},"content":{"rendered":"<p>Ethereum&nbsp;Name Service (ENS) is a blockchain-based, distributed, and expandable network naming protocol.&nbsp;Its native token is called ENS<strong>.<\/strong><\/p>\n<p><strong>1.When was it founded and by whom?<\/strong><\/p>\n<p>Ethereum Name Service was created on April 4<sup>th<\/sup>, 2016 by the engineer Nick Johnson, who worked as a developer in Ethereum Foundation. Upon the approval of all developers, it was launched into the market on May 4<sup>th<\/sup>, 2017. Currently, the development activities of ENS was undertaken by True Names LTD, a non-profit organization.<\/p>\n<p><strong>2.ENS&rsquo;s infrastructure<\/strong><\/p>\n<p>ENS is similar to the domain name system (DNS) on the World Wide Web and runs on the Ethereum network.<\/p>\n<p><strong>3.What does it offer to users?<\/strong><\/p>\n<p>ENS undertakes the task of matching with machine-readable identifiers such as domain names, addresses, various&nbsp;cryptocurrency&nbsp;addresses, and metadata on the Ethereum network. The rules of the system are protected by smart contracts and everyone can get a domain name of its own within the framework of these rules. A wallet or a domain name address may be added to this domain.<\/p>\n<p><strong>4.Can ENS be mined?<\/strong><\/p>\n<p>ENS is not a type of token&nbsp;that allows mining activities.<\/p>\n<p><strong>5.All-time low, all-time high (ATH), and total supply<\/strong><\/p>\n<p>ENS&rsquo;s all-time low price was $22.92 on November 9<sup>th<\/sup>, 2021 while all-time high price was $85.69 on November 11<sup>th<\/sup>, 2021. Circulating supply of the cryptocurrency is 14,566,540 ENS and the total supply is 100,000,000 ENS.<\/p>\n<p><strong>6.How to trade ENS on Paribu?<\/strong><\/p>\n<p>By clicking on the link, you can instantly trade ENS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum&nbsp;Name Service (ENS) is a blockchain-based, distributed, and expandable network naming protocol.&nbsp;Its native token is called ENS. 1.When was it founded and by whom? Ethereum Name Service was created on April 4th, 2016 by the engineer Nick Johnson, who worked as a developer in Ethereum Foundation. Upon the approval of all developers, it was launched [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[212],"tags":[],"class_list":["post-6670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=6670"}],"version-history":[{"count":1,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6670\/revisions"}],"predecessor-version":[{"id":22854,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6670\/revisions\/22854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media\/24560"}],"wp:attachment":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=6670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=6670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=6670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}