".COM" domains become wallets! Ethereum Name Service (ENS) integrates with DNS, allowing regular domains to send and receive assets

ENS has released a major announcement today regarding the integration with DNS. In the future, it will be possible to import DNS domains into ENS to receive or send cryptocurrency assets.

Integration of DNS and ENS

ENS, short for Ethereum Name Service, is a decentralized domain name service built on the Ethereum blockchain. It provides a secure and decentralized way to translate simple and human-readable domain names into on-chain and off-chain address resources.

Compared to the more traditional DNS (Domain Name System), while both offer similar functionalities, ENS, in addition to serving as an Ethereum address, greatly enhances censorship resistance through its decentralized nature.

Today (27), ENS announced on its Twitter that DNS website owners can integrate with ENS without the need to change the domain name extension to .eth as before. Brantly Millegan, ENS Operations Director, mentioned on Medium:

If you own "example.com" on DNS, you can import it into ENS in the form of "example.com" instead of "example.eth". Through the .com (or .net, .org, .edu, etc.) domain, you can send and receive ETH and other assets.

Differences after DNS and ENS Integration

In anotherarticle, Brantly Millegan also mentioned the differences between .eth domains and DNS domains imported into ENS. Since DNS domains already pay a gas fee when imported into ENS, there is no need to pay ENS project fees, and while .eth domains are irrevocable, DNS domains can be.

"As a non-profit public product, the ENS project is optimized for usability rather than revenue generation," said Brantly Millegan.

According to Decrypt's report, Nick Johnson, Chief Developer of ENS, also added:

The only difference in functionality is that you cannot guarantee ownership of DNS domains in ENS, as the owner can change at any time. Therefore, you cannot set their domain to immutable or issue a secure subdomain without trusting its issuer.

Additionally, since .eth domains are essentially NFTs, this means that .eth domains can be transferred like other NFTs and may also appear in a user's digital wallet, which DNS domains imported into ENS cannot achieve.