What is EPNS?
The blockchain space is full of exciting projects that aim to provide end-to-end users with an immersive experience, reduce entry barriers, and help overcome the big challenges of the crypto arena. One such project is the Ethereum Push Notifications Service (EPNS).
EPNS is a protocol for blockchain based notification service and is chain agnostic and platform independent. This helps to a great extent solve the big issues facing Web3 right now. For this, it installs and provides the Powerful feature between the protocol and the users. It gives users a chance to get a first-hand experience of push notifications so that they don’t miss out on the latest happenings in the crypto space. This blockchain agnostic, incentivized framework is instrumental in creating a larger community space that will be joined by more people in the future.
Decentralized finance (DeFi) and non-fungible token (NFT) platforms were missing this feature, which gives them the end-to-end space to interact with each other, given the large crypto market learning and large informational space requirements. Helps to complete. EPNS acts as a ‘Communication Layer’ to enable end-to-end visibility of transactions and to know new offerings in the market to the end audience so as to increase the trust factor
And the cooperation remains high.
new features
EPNS helps create a channel that allows dapps to automate transaction-based direct messages or alerts for Ethereum addresses. The challenge of not receiving any alerts to wallet addresses from a web3 activity is addressed by EPNS and uses wallet to wallet messaging for a great user experience.
The best part about EPNS is that it is content independent – it facilitates protocol complete communication, giving users a chance to decide which notifications they want and don’t. EPNS enables decentralized push notifications to support long-term contributors to Web3 projects.
solves real life problems
EPNS is the first on-chain notification solution to stream all-time sensitive information to the user’s wallet. This protocol is highly customized to meet the notification requirements of different types of contributors. It helps the contributors to harness the secure EPNS ecosystem to build long-term sustainable communities. It’s also helpful in creating new avenues to reshape Web3’s work future.
EPNS intends to work closely with AAVE, Uniswap, ENS, Polygon, DYDX, among others, with dedicated channels for communication distribution. In addition, it is moving forward with the Push Grants program. When a channel uses EPNS it goes to the Combined Stake Pool, from which it is distributed to all the wallet addresses subscribers along with AAVE interest.
An incentivized game theory with a clear incentive structure and encouraging more people to follow the protocol by subscribing to relevant channels seemed counterintuitive, despite initially having gas fees. However, EPNS changed the scenario by looking for an interesting incentive mechanism to deliver notifications with DeFi and acquire the pedtool.
road ahead
EPNS is well positioned to change the Web 3.0 scenario, passing the power of notifications to the end users themselves and making it highly customizable. To ensure that a notification service does not become malicious, a Spam Score tracks its behavior and activates the protocol throttle mechanism to penalize the service.
The content-independent nature of EPNS is its biggest strength – it is quite flexible in terms of rules in deciding what a service can and cannot send.
The road ahead looks very exciting. A dedicated team works together to develop and market new features and capabilities in the field of Web 3.0. Times are looking great for crypto investors. With the use of the power of EPNS, his journey is sure to move forward.
,