Ethereum

Safe

2024

Domain

<h4><strong><a href="https://www.altcoinbuzz.io/?s=Ethereum+Name+Service" target="_blank" rel="noopener">ENS (Ethereum Name Service)</a> has rolled out a cool new feature called domain renting, and it’s live on the Ethereum mainnet. </strong></h4> 
<p>This update opens the door to some exciting opportunities for domain owners and renters alike. Let’s discover more about ENS Rent.</p> 
<h5><strong>Rent Your ENS Domain and Stay in Control</strong></h5> 
<p>Here’s how it works: If you own an ENS domain, like yourname.eth, you can rent it out to someone else. They get to use it, create subdomains and set up records as if they owned it. But don’t worry—you still stay in the driver’s seat as the rightful owner. This magic happens because of ENS’s “manager role” feature, which allows you to give control to another address without giving up ownership.</p> 
<p>Renting out your <a href="https://www.altcoinbuzz.io/?s=ENS+domain" target="_blank" rel="noopener">ENS domain</a> is a simple way to make extra money without losing what’s yours. Think of it as letting someone borrow your bike—you still own it, but they can use it for a while. Maybe a startup wants your catchy domain name for branding, or a developer needs it for a project. Whatever the reason, you can cash in on the demand.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"> Today, we are launching <a href="https://t.co/2IRv2MkyGL">https://t.co/2IRv2MkyGL</a> on mainnet!</p> 
 <p>It enables a new primitive around ENS, letting you earn by renting a domain you own without losing its ownership.</p> 
 <p><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/YwuFxkhhuz">pic.twitter.com/YwuFxkhhuz</a></p> 
 <p>— netto.eth (@alextnetto) <a href="https://twitter.com/alextnetto/status/1867261961978753449?ref_src=twsrc%5Etfw">December 12, 2024</a></p>
</blockquote> 
<p><script src="https://platform.twitter.com/widgets.js" async charset="utf-8"></script></p> 
<p>For renters, this is a golden chance to use a domain without shelling out a fortune to buy it outright. They can even create subdomains like blog.yourname.eth or store.yourname.eth to customize their online presence.</p> 
<h5><strong>Keeping it Safe and Simple</strong></h5> 
<p>ENS has designed the renting system to be easy and secure. As the owner, you can decide who gets to rent your domain and for how long. Plus, you never lose ownership—just control over how the domain is used during the rental period.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">This was initially deployed in the ETH Global hackathon, where we won one of the ENS prizes.</p> 
 <p>Then we got excited about the idea and evolved it into mainnet.</p> 
 <p>— netto.eth (@alextnetto) <a href="https://twitter.com/alextnetto/status/1867261971202289960?ref_src=twsrc%5Etfw">December 12, 2024</a></p>
</blockquote> 
<p><script src="https://platform.twitter.com/widgets.js" async charset="utf-8"></script></p> 
<p>For renters, this system means they can use the domain fully without worrying about ownership disputes. It’s a win-win for both parties, creating a new way to share and earn with ENS domains.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/ens-rent-is-live-earn-from-your-eth-domains/">ENS Rent is Live: Earn from Your ETH Domains</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

ENS Rent is Live: Earn from Your ETH Domains

Altcoin Buzz

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