1st type of name: .eth / native to ens / self custody, censorship resistant, [?]
2nd type of name: dns imported to .ens (.com, etc); prove ownership, import to ens; can do most of the same things (payments, be web3 username), but security not as good – same as DNS side of things
1st use: Portable user profile. If you own 20 ens names, designate one as reverse record name, represents eth account. Log into web3 apps, identify you as .ens name. OpenSea and Showtime and Cryptovoxels, etc., default to .ens as your username; can save profile info – avatar (can be used by apps as cross-platform avatar)
2nd use: Simplified crypto payments. Can store addresses in .ens records. Can receive any crypto (any) or NFT with one name.
3rd use: Decentralized websites. Can store website on something like IPFS. .ens name is pointed. Native support in some browsers like brave and opera.
Imagine Deandre Hopkins has a token, so that when he has 100yrds + a touchdown, then NFT unlocks, and he gives what he wants. [don’t fully understand what he was saying]
Notes 0002
Very rough notes from a day spent in the cryptosphere, a.k.a. on twitter spaces. These notes do not necessarily represent my own thoughts/beliefs
can do most of the same things (payments, be web3 username), but security not as good – same as DNS side of things
OpenSea and Showtime and Cryptovoxels, etc., default to .ens as your username; can save profile info – avatar (can be used by apps as cross-platform avatar)