1inch Partners With Unstoppable Domains to Compete With ENS T | https://t.me/crypto_news_collector

1inch Partners With Unstoppable Domains to Compete With ENS

The 1inch decentralized exchange aggregator protocol has entered into a new partnership that could see it offering services to rival the Ethereum Name Service (ENS). On Oct. 4, the 1inch network announced a partnership with nonfungible token (NFT) domain name provider and digital identity platform Unstoppable Domains. The new collaboration signals a move into the decentralized domain space, which is currently dominated by the Ethereum Name Service (ENS). According to the announcement, the partnership will allow 1inch Wallet users to perform transactions in a more user-friendly way by replacing complex addresses with domain names. This is precisely what ENS offers – replacing Ethereum addresses with web-friendly domain names.

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