Ethereum Name Service to Conclude Audit Competition on September 14th

Ethereum Name Service will conclude the ENS Audit Competition with Immunefi on September 14th.Researchers had submitted 306 reports by August 31st, with 20 confirmed as valid and 56 still under review at that point.Refer to the official tweet by ENS:The ENS Audit Competition with is well underway.As of August 31, researchers have submitted 306 reports, with 20 confirmed valid so far and 56 still under review.The competition runs through September 14.ENS InfoThe Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses.ENS has similar goals to DNS, the Internet’s Domain Name Service, but has significantly different architecture due to the capabilities and constraints provided by the Ethereum blockchain. Like DNS, ENS operates on a system of dot-separated hierarchical names called domains, with the owner of a domain having full control over subdomains.Top-level domains, like ‘.eth’ and ‘.test’, are owned by smart contracts called registrars, which specify rules governing the allocation of their subdomains. Anyone may, by following the rules imposed by these registrar contracts, obtain ownership of a domain for their own use. ENS also supports importing in DNS names already owned by the user for use on ENS.Because of the hierarchal nature of ENS, anyone who owns a domain at any level may configure subdomains - for themselves or others - as desired. For instance, if Alice owns 'alice.eth', she can create 'pay.alice.eth' and configure it as she wishes.