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Avatar for Makoto Inoue Makoto Inoue
February 16, 2019
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ENS ETHDenver

Avatar for Makoto Inoue

Makoto Inoue

February 16, 2019
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Transcript

  1. Overview of this workshop • How does ENS work? •

    Various ways to have your ENS name • Exercise
  2. • Getting test domain name • Getting subdomain name •

    Auctioning domain name How do you get your own name?
  3. Auctioning domain name • Sealed bids over 7 days •

    Winning bid is locked • Vickrey auction (the winner pays the second-highest price, not the price they themselves bid)
  4. • 400k domains registered • E170k ($20M) locked • 1

    engineer (when launched) Launched on May 4th 2017
  5. • ethfinex.eth = E 201k ($20~40M) • sportsbet.eth = E

    188k • consensys.eth = E 184k Highest bid
  6. • darkmarket.eth = E20k ($2~4M) • openmarket.eth = E10k •

    exchange.eth = E6k • ethfinex.eth = E 201k ($20~40M) • sportsbet.eth = E 188k • consensys.eth = E 184k Highest bid Highest won
  7. • darmkarket.eth = E20k ($2~4M) • openmarket.eth = E10k •

    exchange.eth = E6k • ethfinex.eth = E 201k ($20~40M) • sportsbet.eth = E 188k • consensys.eth = E 184k Highest bid Highest won https://www.quora.com/Why-in-a-Vickrey-auction-does-one-pay-the-second-highest-price-and-not-his-price “In a first-price auction, you're trying to guess what everyone else is going to bid and then put down a bid that's slightly higher than the next person's. In a second-price auction, there's no reason for you to do that. You can simply say exactly the maximum price you are willing to pay
  8. • Get domain/subdomain • Set your Ethereum address into ENS

    name (https://bit.ly/2Igs69z ) • Send eth to your friends! Let’s use ENS