ENS DAO will decide all matters related to. eth, such as the change of transaction fees and the use of vaults, and any token holder can participate in the governance of DAO.
Ethereum Name Service is a distributed, open and extensible naming system based on ethereum blockchain. In layman's terms, ENS is the domain name system in the blockchain. The ENS domain name makes it unnecessary for people to copy or enter a lengthy blockchain address.
ENSUser is an unofficial Chinese ENS community maintained by the community. Enuser.com (ensuer.eth.link) is maintained, which provides ENS-related information, usage tutorials and documentation tutorials for ENS users and application developers in the Chinese world.
on November 1, 221, ENS announced the release of governance tokens, and the web3 domain name protocol is about to start decentralized governance.
ENSUser invited Brantly.eth, the director of ENS operations, to visit the community and share a series of issues that Chinese users care about, such as DAO governance, airdrop, and Layer2 expansion. The following is a review of AMA.
tldr
5% tokens dropped by ens will go to DAO itself. 25% will be provided to accounts with the name. ETH, and the other 25% will be distributed to hundreds of people who have contributed to ENS in an important way in the past five years. DNS mapped domain names and subdomains are not included in airdrops. The ENS project has not been financed, and the core team will not provide liquidity for tokens and take the initiative to contact the exchange for coins. DAO will decide all matters related to. eth, such as the change of transaction $ENS and the use of treasury. Any $ TERM holder can participate in the governance of DAO and become a Delegator.
community collection question
Q1: Can you briefly introduce the project of ENS to our community partners from your perspective? What role does he play in the Web3. ecosystem?
Brantly.eth: ENS is the identity protocol of web3, which is ultimately applicable to the whole Internet. You have your own user name, control personal data and bring it to every dapp and service you use. This is different from web2, where you use a different account and user name for each isolated service, and web3, where you have your own user name and use it in various applications.
this is the main use case. The other two important uses are that your ENS name can simplify the encrypted payment of any blockchain, and it can be a decentralized website.
Q2: .eth domain name can be said to be an NFT earlier than Punk. Can you briefly introduce the team background and development of ENS?
Brantly.eth: ENS was launched on may 4, 217. This is a few weeks before CryptoPunks and a few days before Curio Cards. I'm pretty sure ENS is the longest running NFT community in the world. There was NFT standard at that time, but there was no ERC-721 standard, which came out later that year.
ENS started in 216 as a leisure project for Nick Johnson and others of the ethereum foundation. When ENS was introduced in 217, it was very simple, just the ETHereum address and the. eth name of the Swarm hash. But at present, it has developed a lot: it now supports any blockchain address; IPFS, Skynet and Arweave also have hash values; And personal data, such as avatar. It is no longer just an. ETH name; You can also import any DNS name into ENS.
Q3: ENS has just released a plan to manage tokens. For the different roles of ordinary users, speculators, partners, etc. in the ENS ecosystem, how to allocate the initial governance capacity is beneficial to the long-term interests of ENS?
Brantly .eth: 5% of the tokens will go to DAO itself. 25% will be provided to accounts with. ETH names, and the other 25% will be distributed to hundreds of people who have contributed to
ENS in an important way in the past five years. For airdrop, it has nothing to do with the number of. ETH names that a person owns, but it is proportional to the time that they own any domain name. This avoids giving too much power to large-scale cybersquatters. Projects that make a significant contribution to the ENS ecosystem will receive additional tokens. For example, ENSUser will receive a number of contributor tokens. Thank you very much for everything!
Q4: There are a lot of registration fees in ENS vault. With the opening of governance rights, how will these funds be distributed?
Brantly.eth: Good question. This will be decided by ENS DAO! This is actually a big driving force behind DAO: we don't know how to spend money, and we want the community to have a say in it. (Note: ENS Treasury currently has more than $24 million) We suggest that they first use it for ENS development, then for ENS ecosystem, and then for web3 products.
Q5: Gas is too high. does ENS have a development plan for layer2? what progress is there at present?
Brantly.eth: yes, gas fee is terrible. We plan to use CCIP-read to allow users to put records and subdomains on L2 of their choice. It will take longer to reduce the cost of registering an. ETH name. We may eventually move it to L2, but the problem is that we have to move all registrations to L2, and we want to wait for the L2 ecosystem to mature first.
Q6: What are the applications based on ENS that make your eyes shine? What kind of use cases do you hope the ENS ecosystem will develop in the future?
Brantly.eth: it is very powerful to use the ENS name as your user name. I like any dapp that uses the ENS name in this way. Recently, I also saw a project, which named the file storage on the distributed file network with ENS, which was cool.
Q7: ENS was compatible with all DNS domain names some time ago. Will this affect the value of. eth domain names? What are the advantages of. eth over traditional DNS access domain names?
Brantly.eth: I don't think so. Although DNS names imported into ENS can do many of the same things,. ETH names still have some advantages. For example, the. ETH name is completely self-managed, and the DNS name imported into ENS has the same security level as the ordinary DNS name.
in addition, I think. ETH has a good brand effect. Just as. COM represents the rise of the Internet, I think. ETH as a symbol represents the rise of web3
Q&A
Q8: Does ens have any plans to go to any exchange?
brantly.eth: the ens core team will not provide any liquidity for tokens, or take the initiative to contact the exchange to discuss the issue of adding coins.
q9: will ens pay the money?
Brantly.eth: it depends on the safety of the currency.
Q1: I want to know why not airdrop tokENS to users who connect DNS to ens domain name? I think this is a positive transition from web2 to web3, which is beneficial to the whole cryptocurrency ecology.
Brantly.ETH: This is because DAO will be responsible for
matters related to. ETH domain names, and the registration mechanism and registration fee are only related to. eth domain names.
Q11: what can I do to participate in ENSDAO?
Branrly. eth: You only need $ENS tokens. It has been available since November 8.
q12: what is the function of $ ens token?
Brantly. eth: $ENS token gives the holder the right to vote in DAO.
Q13: according to the announcement, users who donate to ENS in Gitcoin can't get airdrops. But can future donors get airdrops, after all, they have contributed to the project?
brantly.eth: the ens core team has never received donations from Gitcoin.
Q14: will the number of users who register domain names be limited in the future? Will the registration fee increase in the future?
Brantly. eth: no! There is no upper limit on the domain name of ENS. We hope everyone on the earth can have an ENS domain name. As for the annual fee, it will be controlled by DAO, and DAO will decide whether to increase it or not.
q15: will ens be airdropped to the holders of poap?
Brantly.eth: Holding POAP will not increase the number of airdrop tokens.
Q16: can we use ENS tokens instead of ETH to register domain names and renew fees in the future?
Brantly.eth: it will be decided by DAO.
Q17: I usually use * .dcl.eth as the domain name, and I set the reverse record, but I didn't airdrop it, which I think is unfair. What do you think?
Brantly. eth: We limited the airdrop to the. eth domain name, because the DAO will govern matters related to the. eth domain name, not the subdomain name.
Q18: Will unlocked ENS tokens have the same voting rights as circulating tokens?
Brantly. eth: no, there will be no voting rights for the lock-in tokens.
q19: does ens have a liquidity mining plan?
brantly.eth: the ens core team will not provide any liquidity.
Q2: Will ENS tokens be issued at one time or unlocked in batches?
Brantly. eth: tokens for core teams and consultants will be released in four years. 5% of the tokens allocated to DAO are also gradually released. The tokens given to other users are released at one time.
q21: unstable domains @ has many top-level
domains. Will the ENS team create other top-level domains besides. eth in the future?
Brantly. eth: Unstoppable doesn't own any top-level domains, but they just created some domain names, which will probably conflict with the existing domain names of ENS and DNS in the future. ENS supports the domain name space of DNS, and now these domain names created by Unstoppabe are likely to collide with the domain name space of DNS in the future, resulting in different conflicts between domain name holders and DNS domain name holders in the UN system.
Q22: hi, brantly! How many people apply for Delegator now? How many Delegator will you choose in the end?
Brantly. eth: At present, hundreds of people have applied. We will not be responsible for choosing the delegator. The decision of the token holder to entrust the token to the delegator he trusts is entirely up to the user.
does Q23: ens have a road map?
Brantly. eth: We often openly discuss the progress and work to get feedback, but maybe we should publish an updated road map in the future.
Q24: ENS is easy to remember, but many wallets and exchanges don't support it now. What do you think? How to expand the use case of ENS in the future, and what will the team do?
Brantly.eth: At present, there are 31 kinds of access, but ENS needs thousands of applications to access ENS. What community users can do is to politely ask various services for access to ENS domain names. Various applications will listen to users' opinions.
Q25: hi, Brantly! Why did you decide to issue coins and DAO now, instead of a few years ago?
Brantly. eth: we think ENS and DAO are mature enough at present. I don't know before, DAO was very experimental, and ENS was still naive.