Ever woke up to find everyone, from your favourite celebrities to internet influencers, adding .eth to their names? It's a puzzler, right? Let me clear up the confusion for you.
ETH, or Ethereum, is the second-largest cryptocurrency on the Ethereum blockchain. Now, .eth is like having your own domain name for a website, a personal touch to google.com or amazon.in. These .eth names are part of the Ethereum Name Service (ENS), functioning like the traditional Domain Name Service (DNS) but on the blockchain. You can also get domains like .crypto, .bitcoin, .nft, and .dao from unstoppabledomains.com.
Sending cryptocurrency to the wrong address results in cryptocurrency burning. .eth comes to the rescue by simplifying complex wallet addresses like 0xE4bED89ab706040951a2aB00896A733Aa52dB831 into something as straightforward as "yourname.eth."
Considering ENS and crypto domains are still fresh, you can get a two-year .eth domain for as low as $10, plus the gas fee for the transaction. Wallet connected, payment in Ethereum, and you're set!
Your .eth name isn't just a wallet address; it's your identity in the web3 world. Here are some real-world uses:
Your .eth name is your ticket to receiving all things crypto. With a single .eth name, you can link all your wallet addresses and receive funds directly.
Set up a MetaMask account. Jot down that secret code, and download it on your preferred browser. Choose a wallet as per your preference.