ENS is a decentralized system on the Ethereum blockchain that allows users to register human-readable domain names for their cryptocurrency wallets, smart contracts, and decentralized applications. Instead of using long and complicated wallet addresses, users can have an ENS domain name that is easier to remember and share with others.
ENS operates similarly to the Domain Name System (DNS) on the traditional internet, where domain names are translated into IP addresses. It maps easily readable names to complex blockchain addresses, making it more user-friendly for people interacting with the Ethereum network.
By using ENS, users can send and receive funds, interact with smart contracts, and access decentralized applications using simple and memorable domain names. This helps to increase usability and accessibility in the decentralized ecosystem.
Overall, ENS simplifies the user experience in the Ethereum ecosystem by providing human-readable domain names that are linked to Ethereum addresses, making it easier for users to navigate and interact with decentralized applications.