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First blockchain domain

Started by moonlife447, Oct 14, 2022, 12:28 AM

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moonlife447Topic starter

With the help of Unstoppable Domain Credit, I was able to acquire my very own blockchain domain name for $25. And now, my name is secured on the blockchain.

It's interesting to note that Unstoppable Domain also offers a free version of their mint that utilizes polygon. This feature can be quite helpful for those who are just starting out in the world of blockchain and want to explore its various applications.
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_XyJIuGaN_

Unstoppable Domains is a San Francisco-based company and the biggest provider of blockchain domains across Ethereum, Zilliqa, and IPFS. The company was founded in 2019 with the goal of creating a decentralized internet free from censorship. Their vision is to empower millions of users by providing them ownership and control over their content.

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Unstoppable Domains aims to make crypto payments an integral part of the future internet. As such, they are working towards establishing blockchain domains as the industry standard for digital asset transfers. All Unstoppable Domain blockchain domains conform to the ERC-721 NFT standard on Ethereum, allowing for easy integration into dApps, crypto wallets, and crypto exchanges. The buyer of the domain has complete ownership over it, and the domain itself is stored in the user's wallet.

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Unstoppable Domains offers multiple domain extensions, starting at $10 up to tens of thousands of dollars for the rarest ones. Users can trade their domains on secondary NFT markets, such as OpenSea. Additionally, Unstoppable Domains' browser, Unstoppable Chat, and decentralized blogging platform dBlog enable users to create and connect with a decentralized internet community.

As of now, there are over 1.7 million blockchain domains registered on Unstoppable Domains, and more than 30,100 decentralized sites available on their platform. They offer access to various cryptocurrencies and tokens through dozens of wallets and exchanges including Trust Wallet, Blockchain․com, BRD, Cake Wallet, Coinbase, Litewallet, OKEx, and MyEtherWallet.
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seanmarshall

Blockchain domain names are a new type of domain that provides an innovative approach to the functionality of a decentralized network. This unique form of decentralized registry technology enables various blockchain networks to implement functional blockchain domains.

The RIF Naming Service, developed by RSK Infrastructure Framework, is a special solution that offers many use cases, including simplification of cryptocurrency addresses for digital coins and tokens. Blockchain domains offer easier readability, making them more user-friendly than complex wallet addresses. This architecture allows identifying blockchain keys by readable domain names, thus stimulating mass adoption of cryptocurrencies.

In addition to their ability to simplify the use of cryptocurrency addresses, blockchain domains can also be used to launch decentralized sites that are resistant to censorship. By registering personal data and creating project records, users can take advantage of privacy features inherent in WEB 3.0.

One of the main advantages of blockchain domains is that they enable users to escape from the control of centralized authorities that regulate the Internet. Moreover, they contribute to decentralization, which is the main goal of blockchain technology. Blockchain domains are compatible with all major blockchains such as Bitcoin (BTC) and Litecoin (LTC). They are also much cheaper than traditional Web2.0 providers, with domain names costing less than a dollar.


To use blockchain domains, users can utilize wallets like MyEtherWallet (MEW), My Crypto, RIF on Chain, and more. Furthermore, blockchain domains are presented in the form of NFT, which diversifies their functionality and presents exciting opportunities for developers and entrepreneurs alike.
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GDsdZordkar

Acquiring a blockchain domain name can indeed be a valuable asset, as it provides you with a unique identity on the blockchain. It's also interesting that Unstoppable Domain offers a free version using Polygon, which is a layer 2 scaling solution for Ethereum. This allows users to experience blockchain technology and its applications without incurring significant costs. It's definitely a great option for beginners looking to delve into the world of blockchain.

Blockchain domain names, such as those provided by Unstoppable Domain, offer several advantages. Firstly, they provide ownership and control over your online identity. Unlike traditional domain names, blockchain domain names cannot be seized or censored by third parties.

Additionally, these domain names can handle cryptocurrency payments directly, simplifying the process of conducting transactions. This functionality eliminates the need for long and complex wallet addresses, making transactions more user-friendly.

Moreover, blockchain domain names are interoperable across different blockchain networks, allowing you to use the same domain name across multiple platforms. This flexibility ensures that your online identity remains consistent and easily accessible to others.

Blockchain domain names have several additional benefits.

One of the key advantages is their decentralized nature. Traditional domain names are managed by central authorities like ICANN, which can exert control and impose restrictions. In contrast, blockchain domain names are stored on a decentralized blockchain network, making them resistant to censorship or modification by any single entity.

Furthermore, blockchain domains can support uncensorable websites and content. Since the domain name and website are stored on the blockchain, they cannot be taken down or blocked by traditional means. This is particularly valuable for individuals or organizations operating in politically sensitive or heavily regulated environments.

Another aspect to consider is the potential for increased privacy. Blockchain domains allow users to maintain control over their personal information and avoid sharing it with centralized domain registrars. By using a blockchain domain, you can limit the amount of personal data exposed when setting up a website or conducting online transactions.

Lastly, owning a blockchain domain name can also serve as an investment opportunity. As the adoption of blockchain technology grows, the value of unique and desirable domain names may appreciate over time, similar to traditional domain names.

few more details about blockchain domain names:

1. Portability: Blockchain domain names are not tied to any specific registrar or hosting provider. This means you can easily transfer your domain name between different platforms or services without any complications or additional fees.

2. Simplified Payments: With blockchain domain names, you can simplify the process of receiving payments by replacing long cryptocurrency addresses with a simple and memorable domain name. This makes it easier for others to send you funds and reduces the chances of errors during the payment process.

3. Decentralized Websites: By combining blockchain domain names with decentralized web hosting solutions like IPFS (InterPlanetary File System), you can create truly decentralized websites. These websites are hosted on a distributed network of computers, making them resistant to censorship and ensuring they remain accessible even if traditional hosting servers go offline.

4. DNS Integration: Some blockchain domain providers offer integration with traditional DNS (Domain Name System), allowing your blockchain domain name to work seamlessly alongside traditional domain names. This integration helps bridge the gap between the traditional internet infrastructure and blockchain networks, enhancing interoperability.

5. Enhanced Security and Ownership: Blockchain domain names utilize cryptographic protocols, providing enhanced security measures. You have complete ownership and control over your domain name, and no one can take it away from you as long as you hold the associated private keys.
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