ENS, or Ethereum Name Service, is a decentralized system that allows users to register human-readable names for Ethereum addresses. Instead of dealing with long, complex strings of numbers and letters, individuals can create easy-to-remember names like “mywallet.eth”.This service operates on the Ethereum blockchain and primarily facilitates transactions by mapping simple names to Ethereum addresses. This makes it easier to send and receive funds, as users can simply type a name instead of copying a lengthy address.ENS also extends beyond just Ethereum addresses. It can be used to manage various types of resources, such as IPFS content hashes, Bitcoin addresses, and even traditional websites, allowing users to unify their online identities.The system is maintained by smart contracts, ensuring security and transparency. Users can also buy and trade ENS names much like domain names on the internet. Overall, ENS enhances usability and accessibility for those engaged in the Ethereum ecosystem.