ENS domain service integrates Paypal and Venmo payment services

Among the numerous Ethereum applications, the ENS domain service, which was the only L2 application praised by Ethereum founder Vitalik Buterin, has finally made a breakthrough. Vitalik had publicly called for a price reduction for ENS, stating, "ENS is super-important, it needs to be affordable!"

Among the numerous Ethereum applications, the only one recognized as the best L2 application by Ethereum co-founder Vitalik Buterin, the ENS domain service has finally made a breakthrough. Vitalik had previously publicly advocated for ENS to lower its prices: "ENS is super-important, it needs to be affordable! 。"

If you had bought numerous ENS domain names in the past due to FOMO and were prepared to speculate, now you can reconsider paying to extend the domain service. Domains do not need speculation; they can be used as personal profiles or to simplify cryptocurrency payments. ENS domain names can redirect your existing self-hosted crypto wallet addresses to the purchased ENS domain names, with compatible wallets including Coinbase Wallet, Rainbow Wallet, and more.

Many people have almost forgotten what ENS can be used for, and may not even remember buying ENS. Quick rewind to refresh memories: ENS domain names are like purchasing a domain name from GoDaddy when setting up a website, where you can choose .com or .net, except the domain name becomes .eth. In 2021, it was one of the hottest Ethereum L2 products besides NFTs and meme coins. ENS airdropped $ENS tokens to early users, fueling FOMO in the market to its peak. Some auspicious-looking domain names like "888," "777," "444," or personal names were fiercely bid on, akin to registering luxury brand domain names as domain squatters. Many popular celebrity names and brand names were also registered.

In recent years, apart from maintaining connections through X Space, ENS has not had any particularly significant announcements. However, yesterday finally brought a glimmer of hope, as ENS announced on X the integration of PayPay and Venmo payment services, allowing users to directly receive and send cryptocurrencies through their registered ENS domain names, without the need to type out a long string of numbers. This new feature will be rolled out starting in the United States.