are decentralized name services worth it?

I receive payments in crypto pretty often, and having to send my address has become an annoying process that I would like to optimize. After looking around, found decentralized name services and I could only imagine how much better it would be to give people a domain that would automatically show them my USDT address. The ones I found so far are ENS, Unstoppable domains, Ever name, Peer name, & EmerDNS. Have you guys tried any of these? If so, how do they work?

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12 thoughts on “are decentralized name services worth it?”

  1. What network are they paying you on? That will be a big factor. If Ethereum, definitely go with ENS. If it’s a different network then you’ll likely want to consider what works best for that network.

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  2. Honestly, your thought process makes sense! One thing I would advise is to use a chain that is cheap. Everything you do on the blockchain will be a transaction, so if you choose an option based on an expensive blockchain, it’ll cost you quite a bit. Just keep that in mind when making your choice.

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  3. ENS and Unstoppable seem to be the most popular choices. Btw you are spot on, we need a better address formating but at least domain names fix that.

    I know that FIO protocol also worked on some very similar solutions a few years back, not sure if they are still at it.

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  4. I receive my salary in USDC (work for a DAO) and use an ENS domain name 🙂 just easy to type rather than copy paste a wallet

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  5. Like other people have already commented, you need to look for a good network, I receive payments in crypto pretty often too, and I had to go chain for chain looking for the one I liked the most, I ended up using avax almost every day so I stuck to it, look for the one that fits your necessities the most u-u

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  6. Worth it. ENS for example doesn’t have high fees, although I’d try other services so you can be sure of what’s the most suitable.

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  7. With a decentralized namespace, users can have their own unique name and identity and can use that name to connect directly with other users

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  8. DiDs are definitely worth it and not just for transactions but they also help in lowering the barrier to entry into blockchain tech. Protocols such as ENS and Ore network help the less tech savvy population seamlessly access blockchain tech without going through all the technical aspect of addresses and transaction process which will in turn bring about adoption.

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