Home
NFT

Linagee Name Registry: What to Know About Oldest Ethereum NFT Contracts

0 Comment

When it comes to historical NFT projects, the general rule is: older is better Although legacy collectibles like CryptoPunks, CryptoKitties, and Curio Cards have gained new popularity in the past few years, the fact that we can trace their origins through blockchain history contributes a wealth of historical and cultural value to these projects.

Yet, while many collectors pride themselves on acquiring tokens of the old mark, collecting single, classic NFTs seems to have eluded even those who claim to be NFT historians. With the resurgence of the Linaji name registrar, the collective NFT community finds itself in awe of the utility-based project, which is almost as old as the Ethereum blockchain itself.

Lineage Name Registrar

Linaji Name Registrar is a simple domain name registrar built for the Ethereum blockchain. Those who have familiarized themselves with the Ethereum Name Service (ENS) surely understand the power and significance of creating and owning an acronym directly linked to their Ethereum wallet.

The name registry service was, as the name suggests, created by a Anonymous Ethereum developer named Linagee — who also appreciates deploying very first Smart contracts in Ethereum. Shortly after deploying the name registrar, Linazzi took to Reddit to announce the project.

Launched on August 8, 2015, the Linaji name registrar is only a week older than the Ethereum blockchain, which was launched on July 30, 2015. NFT archaeologists Mason Keresty Reinvented the project while decompiling every contract in the first 300,000 blocks of the Ethereum blockchain. It seems that the project was mostly forgotten and was largely inaccessible to the general NFT enthusiast.

Since only 60 domain names were initially minted into contracts in 2015, in an effort to integrate the project back into the NFT ecosystem, Keresti created a new minting app linking to the original smart contract. Soon after, the new app was shared throughout the NFT community, causing the newly established Linagee OpenSea collection to grow exponentially as enthusiasts raced to register their names.

How does the name registrar work?

The Linaji name registrar works with ENS in a similar way that users can purchase and manage domain names for their wallets. There are some differences, though, the most prominent of the two being that a) Linagee currently appears to only serve as a domain for Ethereum wallets (as opposed to ENS being usable for naming websites, wallets, NFTs and other digital assets, and b) With Linazi, users can store their names indefinitely, while ENS selects and pays users for a fixed period of time.

The Lineage registrar allows users to claim names using the “Reserve” function. By saving users can set a domain name for their wallet using the “setAddress” function. Note that a name can only be saved once. If someone has already purchased your specific name, it will show as unavailable and possibly only available through OpenSea.

The new Linagee site allows for the wrapping and transfer of domain names, further expanding the registrar system’s functionality. You can learn more about it and its other functions here.

Considering the lineage registrar before the majority of NFT collectors have even been exposed to the strangely expansive world of crypto, the significance of the project cannot be overstated. Still, significance aside, time will tell if the project can maintain its usability and desirability as part of today’s more mature NFT market.



https://ift.tt/xjtnHw9

Baca juga

Post a Comment

Post a Comment