Blockworks verify icon

11M
...

ENS DAO approves $300k settlement to end eth.link domain lawsuit

After nearly a year and a half of back-and-forth and an apparent $750,000 in legal expenses, Ethereum domain name service ENS Labs got the go-ahead from its DAO to pay Manifold Finance a $300,000 settlement and end the two sides’ dispute over the eth.link domain.

ENS, or Ethereum Name Service, is a service for giving Ethereum wallet addresses names other than long strings of letters and numbers. The dispute over eth.link started when the GoDaddy domain registration couldn’t be transferred away from imprisoned former Ethereum developer Virgil Griffith.

ENS domains are not recognized by the traditional Domain Name System (DNS) that underpins the internet. Simply put, typing an ENS…

Read more on Blockworks

69.8K Reads