Nick Johnson of ENS: "We Want to be the Naming System for Every Digital Resource in the World"
In this week’s episode, I speak with Nick Johnson, founder and lead developer of Ethereum Name Service, or ENS. Nick talks about the journey of ENS, from an internal project within the Ethereum Foundation, to spinning off to become a public good for Ethereum and other blockchains, and recently decentralizing and becoming a DAO controlled by token holders.
He goes into why a DAO was in the plans from the start of the project and what the transition was like to get to a point where it became safer for token holders to control the protocol, instead of a more centralized group of managers. Nick discusses ENS tokenomics, and the initial lessons after distributing the token about a month ago.
Nick talks about the big vision of ENS, which is to become the naming service for every digital resource in the world. ENS is not just about naming Ethereum addresses as it already works with other blockchains and it’s not just about resolving content, like with IPFS sites, which you can also do. The big vision is to become a decentralized identity system, which will work across multiple platforms. In the future, your blockchain wallet will become your login, not just for DeFi and Ethereum dapps, but for web2 websites as well. Nick says this future is not too far away.
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