Joining a recent trend, the blockchain-based asset management company now boasts ENS compatibility.
Melonport AG, the team behind the crypto asset management system Melon, recently revealed its integration of Ethereum Name Service (ENS) domains into Melon. Members of the Melon team developed this compatibility during the ENS London workshop and hackathon held over the weekend.
Per the update, Melon’s deployed mainnet contracts will now direct to several ENS subdomains. Accordingly, users will only be able to search for the contracts on the block explorer Etherscan using these ENS names. The team also noted that the contracts used during Naxos, Melon’s second Olympiad (its series of blockchain-based asset management competitions), will point to the ENS subdomains as well.
ENS compatibility has been top of mind in the cryptospace. On Thursday, Dean Eigenmann from the ENS announced that the organization had teamed up with Gitcoin, an incentive-based software development community, to encourage developers to make their Dapps compatible with ENS names. Gitcoin is funding bounties that would be paid to developers upon resolution of ENS integration issues.
Another major player in the space, MetaMask, unveiled ENS compatibility with version 4.9.0 of its app. The Dapp browser extension team noted that accessing sites through the ENS would allow them “to be updated by smart contracts instead of the traditional DNS [Domain Name System], potentially reducing the risk of DNS related hacking and phishing.”
Considering the Gitcoin and MetaMask announcements, there appears to be a trend in prominent blockchain-related companies moving toward ENS integration, perhaps due to the address-naming provider’s efforts to ramp up its service. According to a June update from Nick Johnson, lead ENS developer, when the recently incorporated company received a $1 million Ethereum Foundation grant back in May, it further enabled the team “to solve the challenges required to develop a robust, trustworthy distributed naming system.”
A major component of the ENS’ work is “a complete rewrite of existing ENS applications to improve usability and integration.” The crew aims to build a Dapp that features an easy-to-use interface and handles all typical ENS-related tasks.
Johnson said he hopes the development community joins him and the ENS in their endeavors “to improve the usability and safety of the Ethereum ecosystem for everyone.”
Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!