The reason these external solutions are useful is that they provide a friendlier and easier to remember way to identify WEB or Bitcoin addresses. Instead of remembering long alphanumeric strings, users can use more familiar domain names. Furthermore, being decentralized, these systems do not depend on a central authority and are less susceptible to censorship or interference from third parties. To Acquire your domain, go to Unstoppable Domains and choose the domain you like the most .www .crypto .nft .wallet .polygon .dao .blockchain .bitcoin .eth
DECENTRALIZED DNS DOMAINS:
Are systems that operate on blockchain technologies and allow the assignment of domain names in a decentralized manner and without depending on a central authority or intermediary. Instead of relying on traditional domain registrars, decentralized DNS domains use smart contracts and registries on a blockchain to manage the assignment and ownership of domain names.
WHAT DECENTRALIZED DNS DOMAINS ARE FOR:
- Censorship Resistant: Being based on blockchain technologies, decentralized DNS domains are less susceptible to censorship or third-party interference.
- Real and Transferable Ownership: Owners have greater control over their domain names and can transfer them more directly.
- Interoperability with Blockchain: These domains can be linked to cryptocurrency addresses, smart contracts and other blockchain resources, making navigation and transactions easier.
- Enhanced Privacy and Security: By avoiding centralized intermediaries, exposure to potential vulnerabilities or data collection practices is reduced.
- Facilitate Blockchain Adoption: Decentralized DNS domains can serve as a familiar interface for users, facilitating the adoption of blockchain technologies.
TOKENS THAT PROVIDE THIS SERVICE:
- Unstoppable Domains (UD): Unstoppable Domains is one of the most well-known projects in the decentralized DNS domain space. It uses the Ethereum blockchain and has its own native token, $UD, which is used to register and transfer domain names.
- Handshake (HNS): Handshake is a blockchain dedicated to managing decentralized DNS domains. Domain names on Handshake are bought and sold using the network's native token, HNS.
- Ethereum Name Service (ENS): Although not completely decentralized, ENS is a platform that uses the Ethereum blockchain to map domain names to cryptocurrency addresses. The associated token is Ether (ETH).
- NNS (Neo Name Service): Is a domain name system on the Neo blockchain. It allows users to register and manage domain names using the network's native token, GAS.
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