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- Etherscan proposes $1 million in annual funding to boost Ethereum Title Service (ENS) integration.
- The funding can be used to develop new options and broaden ENS help to different Ethereum layers.
- The proposal additionally goals to broaden the present help for .eth names to embody further domains like .xyz and .artwork.
Harith, a notable member of the staff behind Etherscan, the well-known Ethereum blockchain explorer, has requested funding of $1 million per yr to finance developments associated to Ethereum Title Service (ENS).
Harith posted particulars concerning the million-dollar sponsorship request in a current assertion within the ENS DAO discussion board, as spotlighted by the outstanding Chinese language reporter Colin Wu.
Within the proposal, Harith underscored that the provision of ENS names on top-tier block explorers is essential for sustaining and fostering ENS’s ongoing utilization and adoption. ENS, an open-source and decentralized naming system, facilitates mapping human-readable names to Ethereum addresses.
Harith talked about that the funding proposal seeks leverage for the continual improvement, help, and protection of internet hosting charges associated to ENS on Etherscan and the team-operated block explorers.
Moreover, the Etherscan staff member highlighted a number of useful options Etherscan may construct as a part of this initiative. He famous Etherscan may increase the present help for ENS on Ethereum Layer 1 and lengthen it to Ethereum Layer 2 explorers. The cited Ethereum layer 2 to doubtlessly lengthen to incorporate Optimism (OP), Arbitrum (ARB), Polygon (MATIC), Base, Linea, and Scroll.
Furthermore, the proposal goals to broaden the present help for .eth names to embody further domains like .xyz and .artwork. It additionally envisions help for off-chain names using CCIP and incorporating help for DNS-based names reminiscent of .com.
Highlighting Etherscan’s previous contributions to the ENS ecosystem, Harith detailed the staff’s involvement since Could 2017. It included help for ENS identify ahead decision search, auctions listing, deal with identify tags, and varied options launched in subsequent years.
Importantly, Harith clarified that Etherscan maintains a clear relationship with ENS DAO, affirming the absence of any battle of curiosity. As a testomony to this dedication, the staff obtained a donation of 46,296.3 ENS tokens from ENS in November 2021. This donation amounted to $413,888.92.
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