Edit ENS records on Optimism soon

ENS name records can be updated on Optimism

• Optimism is a layer 2 on Ethereum, with the primary goal of lowering high gas fees on mainnet Ethereum. This is one of the most important issues facing the ecosystem, as gas fees to mint or update an ENS name being between $20-$60 each. That is clearly not sustainable.

• Having the ability to update records for no more than $2 is completely manageable at this point, and is a huge value add to the ENS ecosystem. I’ve personally been waiting for lower gas fees for two months now to edit the records of enshq.eth, so I can’t wait for this to be live.

• This still doesn’t help with the high gas fees of actually registering ENS names, but I’m hoping that will be coming pretty soon after this.

Star.eth was purchased for 11eth ($20,000)

• An unlucky holder wasn’t paying attention and let star.eth expire. Many were watching it go down the expiry list waiting to see what it might get sold for.

• My view here is that if you’re a believer in the future of ENS and wanting to maximize returns, this would not be the best use of 11eth for ENS names. I believe you could get much higher returns buying good yet cheap names, with much higher multiples possible in the next bull run.

• A 10x return here is $200k, I’m not sure how much higher a name like this can go than that. But buying a good name for $400, a 25x return for $10k is much more likely, and this could repeat with many names you could buy for 11eth.

• But it’s still a great name, and will absolutely go up in value in the next bull market. Just much lower upside potential than most ENS names.

• Matt Higgins even commented that he was watching this and planned to grab it around this number. He disagrees with me, so maybe I’m wrong. What do you think? Respond to this email and let me know.

WorldCoin raises $110 million, and keeps promoting ENS

• WorldCoin is a startup, co-founded by OpenAI founder Sam Altman, raised $110 million last week. Which is incredibly impressive given how low VC investment is in the business world right now, and especially in the crypto space.

• They are trying to create “proof of personhood” to solve the huge problem of AI being able to appear to be a human online. This absolutely will become a massive problem in the near future, and incorporating ENS to do this makes a lot of sense.

• Having this big of a company, and this well known of a founder, really pushing ENS the premier identity protocol for the internet is extremely bullish. Take note!

Worldcoin: Revolutionizing Online Identity and Empowering ENS

by Crystal Zurn

In an era where online interactions require trust and identity verification, Worldcoin is making waves with its groundbreaking concept of Proof of Personhood (PoP). Co-founded by Sam Altman (CEO of OpenAI) and backed by the team at Tools for Humanity, Worldcoin is redefining online identity by providing a unique digital passport called the World ID credential. In this article, we’ll explore how Worldcoin’s innovative approach to identity verification not only transforms online experiences but also benefits the ENS ecosystem.

Building Trust in a Digital World

Imagine scrolling through an e-commerce website and stumbling upon a product with rave reviews. However, skepticism sets in as you wonder, "Did a genuine human write these reviews, or could they be bots?"

With the rise of AI-generated content and the prevalence of bots, distinguishing between humans and automated entities has become increasingly crucial. Worldcoin acknowledges this issue and offers a practical solution called Proof of Personhood (PoP). PoP is embodied in the form of a World ID credential, acting as a digital passport that verifies a person's uniqueness without revealing their personal identity. With this innovative approach, Worldcoin is paving the way for a more trustworthy online environment and minimizing the spread of misinformation.

Privacy-Preserving and User Empowerment

Worldcoin places a strong emphasis on privacy. As an open-source protocol, it prioritizes user control over personal data. When using Worldcoin, there's no need to provide sensitive information such as name, email, phone number, or social profiles. Users have the freedom to decide which, if any, personal data they want to share with third parties. This empowering feature gives individuals greater control over their digital footprint, fostering a more privacy-conscious online experience.

Worldcoin’s 3-Pronged Approach

As part of its mission to reshape the digital landscape, Worldcoin is not just focused on identity verification but also on creating a global currency and a dedicated app. Worldcoin’s mission can be broken down into three areas:

1. World ID: A global identity designed to verify your uniqueness (not your personal identity)

2. Worldcoin token (WLD): A global currency

3. World App: An app that acts as a versatile crypto wallet, allowing users to make payments, purchases and transfers using its own token, along with other digital assets and traditional currencies. A unique aspect of World App is that users do not have to worry about paying gas fees, which makes it even more user-friendly.

How to Get Started With Worldcoin

To begin your journey with Worldcoin, you can download the free World App, which is available for both iPhones and Android.

Then you will need to find a Worldcoin Orb and have it scan your iris (more about this in the next section). Don’t worry; it’s painless and takes less than 60 seconds. Once your eyes have been scanned, you are added to a database of verified humans. Worldcoin creates a “hash” or equation that is tied to you specifically. The scan of your iris is not saved, but the hash can be used to prove a person’s identity anonymously through the app.

The Iris-Scanning Revolution

To ensure a secure and reliable identification process, Worldcoin introduces a fascinating biometric feature: iris scanning. By downloading the World App and using a specialized hardware device called the Worldcoin Orb, users can have their irises scanned.

These Orbs are available around the world in unexpected places like universities in Kenya and shopping malls in Lisbon. Orbs will also be available for a limited time in select locations, ranging from major cities like Miami, NYC, and San Francisco. The process is quick, taking only 60 seconds to generate a unique iris code.

The Orb takes a picture of an iris and the device subsequently generates a unique encoding of the randomness of the iris (“iris code”). By default, the original biometric is immediately destroyed, leaving the iris code as the only thing that leaves the Orb. To be clear: the scan is not saved. Only the resulting hash remains, allowing individuals to prove their identity anonymously through the World App using zero-knowledge proofs. This cutting-edge technology not only ensures privacy but also establishes trust in digital interactions.

The Power of Genuine Human Identities

The benefits of creating a global network of genuine human identities extend far beyond individual convenience. Worldcoin envisions a world with advanced spam filters, digital collective governance, equitable distribution of scarce resources, and enhanced ID theft prevention through authentication. By utilizing Worldcoin's World ID, these transformative advantages can become a reality.

Building Trust and Identity with Worldcoin and ENS

Worldcoin and ENS are at the forefront of redefining online identity and decentralized naming. Together, they provide users with a unique and powerful ecosystem that enhances trust, security, and privacy. With the integration of Worldcoin's Proof of Personhood and ENS's decentralized naming system, users can enjoy seamless access to services, leave authenticated reviews, and engage in online interactions with a genuine sense of trust.

The synergy between Worldcoin and ENS represents an exciting step forward in shaping a more secure and authentic digital future.

For sale at 0.15eth

• One of the best “DAO” names out there

• Applicable to so many potential future DAOs, from League of Legends to sports leagues

• I own this one. If you want to be featured here, make sure you put your best names in my weekly shill threads, respond to this email, or respond on Twitter to @tjlarkin23 or @ens_hq

• Buy it here on ens.vision

Make sure you’re checking the ENS HQ website every day for the best tweets!

enshq.xyz

EP 18: ENS Records on Optimism

ENS HQ Investment DAO is officially live and accepting names!

If you have names you’re considering not renewing, fill out the form here and submit them. If we take them, we’ll give you 25% of the sales price when it sells! Here is the form link:

Intro to ENS Course

For you newbies who want to learn what all the hype with ENS is about but don't know where to start, check out our free Intro to ENS course on Gumroad.

ENS HQ Newsletter is written by:

TJ Larkin - @tjlarkin23
Crystal Zurn - @crystalzurn

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PS. If you want a chance to have your domain featured in this newsletter, respond to this email with your BEST (only one) domain at the absolute lowest price you'd let it go. The more reasonable the price, the higher likelihood we'll feature it. If it needs an explanation of why it's valuable, write no more than three bullet points as to why it's valuable.