Cryptocurrency

Ethereum Name Service Launches Multicoin Support for Users

Ethereum Name Service or ENS, the popular decentralized addressing platform, has broadcasted the news of the launch of multicoin support on mainnet. Fifteen cryptocurrency wallet platforms have given their nod for the utilization of the new ENS feature.

According to the official news by the solution, the users will now be able to enjoy a hassle-free ecosystem as they will be allowed to use one ENS name for all the cryptocurrency wallets operated by them. ENS is renowned for bestowing upon lucrative features to its users, such as decentralization merits, optimum security, censorship resistance, etc.

The Ethereum Name Service was up until now supported by twelve wallets, but with the new feature and wallets added to the platform, the total number of wallets now stands at twenty-four. The aforesaid accomplishment by ENS allows it to take pride as the most widely accepted blockchain-oriented addressing service in the market niche.

The list given below shows the name of the newly added wallets who have accepted to lend their support to ENS, post the addition of the multicoin feature.

  • D’CENT Wallet
  • Coinbase Wallet
  • com
  • Opera
  • TrustWallet
  • imToken
  • Portis
  • MyCrypto
  • Haven
  • Atomic Wallet
  • Squarelink
  • Coin Request
  • DexWallet
  • Enjin
  • Wyre

The news stated that the first phase of the multi-coin support offered by ENS in the Manager UI would currently support addresses for ETH, BTC, LTC, and ETC only and not for all encodings.

As per the announcement, the platform has already integrated the ENS portal to give support to domains like .xyz, .luxe, .kred, and .art. In the future, the ENS team also observes to collaborate with the DNS solution to support addresses like .org, .com., etc.

Some time back, the name auctions process on the ENS portal came to a standstill because of a bug that led to the assignment of domain names to the wrong users. However, some days later, the hacker who fraudulently stole 17 domain names through the bug, decided to give back all the addresses to the real owners.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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