Solana Domain Names (SNS): What’s all the hype about!?
By: Leon [ME] October 09, 2022 1 min read
Solana Name Service (by bonfida) has recently been getting some attention.
A name service or domain name allows cryptocurrency users to send and receive transactions using a human readable name. Think john.sol or matt.eth, making it incredibly easy to identify oneself on the blockchain (if you so wish).
The Ethereum Name Service (ENS) airdropped governance tokens to their users, setting a precedent for SNS to do the same. With much speculation and an uptick in trading volume, there could very well be something on the horizon.
In this video by [ME], we look at how to buy a domain name and how to send a transaction to one.
00:00 Intro 00:18 Summary 01:15 What is a Domain Name 04:05 How to get a Solana Domain Name 10:45 Buy one on Magic Eden 12:58 Send a transaction 14:50 Outro