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Difference Between Web3 and Web2 Domains

Started by Domaining News, Jul 09, 2023, 05:21 AM

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Domaining NewsTopic starter

Are you interested in the utility of Freename domains? Web3 domains offer not only investment opportunities but also various other applications.



Additionally, Freename is currently offering a lucrative deal that you won't want to miss. So, what exactly is it? Let's delve into it.

Note: This post is sponsored.

What is Freename?

Freename provides Web3 domains, which are domain names linked to the Web3 ecosystem. Unlike Web2, which is governed by centralized technologies like Google and GoDaddy, Web3 is a decentralized ecosystem aiming to remove such control.

How do web3 domains differ from web2 domains? Web2 domains are governed by ICANN, a centralized body. On the other hand, web3 domains are built using blockchain technology and are governed by a decentralized authority. Currently, they operate on blockchain technologies like Binance, Aurora, Polygon, and Cronos. However, more blockchain technologies like Ethereum, Near, Solana, and others will be added soon.

Moreover, Freename domains do not require monthly or yearly renewal fees. Instead, they have a one-time fee and can be used for free indefinitely.

Uses of Freename Domains

Still not convinced about the benefits of Freename domains? Their uses go beyond conventional top-level domains (TLDs). Here are some of their utilities:

 Web3 browser extension

With Freename, you can purchase a domain or TLD with a one-time fee and surf the internet without any additional costs. Freename recently launched the Web3 browser extension, which allows users to add it to their preferred browsers such as Chrome, Firefox, and Brave. By adding the extension, it appears in the browser toolbar. Users can even become domain registrars and earn passive income through royalty.

 Web3 Mail

Freename domains also provide Web3 mail services in partnership with Ethermail. Ethermail enables wallet-to-wallet communication, ensuring the privacy and safety of messages. It offers protection against phishing attacks, spam, and privacy concerns, and comes with additional features like syncing with popular email apps and a campaign builder.

 Web3 website builder

Using Freename domains grants direct access to the Web3 website builder. Through a partnership with Eternal Digital Assets (EDA), you can build a Web3 website within minutes. If you already have a Freename Web3 domain, getting started with your new website is easy. You can customize its design using the EDA website builder, link your domain, and host it on a decentralized web server. Afterward, your website is ready to be launched on any web3-compatible browser like Brave or Opera.

 Web3 video conferencing

Freename domain users can also utilize Web3 video conferencing services through a partnership with Huddle, a decentralized video conferencing platform. By signing in with a crypto wallet like Metamask, Phantom, Okxwallet, Walletconnect, or Kelpr, businesses can communicate and collaborate seamlessly with team members.
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jobtardis

Web2 Domains:
Web2 domains are the traditional domains that we are most familiar with today. They are centralized, controlled, and managed by a central authority, typically a domain registrar or a web hosting provider. In the Web2 model, users are primarily consumers of content and services, with limited ability to actively participate in the creation and ownership of digital assets.

The key characteristics of Web2 domains include:
1. Centralization: Web2 domains are owned and operated by a single entity, such as a domain registrar or web hosting provider.
2. User as Consumer: Users are primarily consumers of content and services, with limited ability to actively participate in the creation and ownership of digital assets.
3. Intermediaries: Web2 domains rely on intermediaries, such as domain registrars and web hosting providers, to manage and maintain the domain infrastructure.
4. Lack of Transparency: The operations and decision-making processes of Web2 domain providers are often opaque and centralized, with limited transparency and user control.

Web3 Domains:
In contrast, Web3 domains are built on decentralized blockchain technology, offering a fundamentally different approach to domain management and ownership. Web3 domains aim to address the limitations of the Web2 model by empowering users with greater control, transparency, and ownership over their digital assets.

The key characteristics of Web3 domains include:
1. Decentralization: Web3 domains are not controlled by a single entity; instead, they are managed and maintained by a decentralized network of nodes on the blockchain.
2. User as Owner: Users in the Web3 ecosystem have greater control and ownership over their digital assets, including their domain names, which they can buy, sell, and trade like other cryptocurrency-based assets.
3. Transparency: The underlying blockchain technology provides a transparent and immutable record of all transactions and ownership changes, allowing for greater transparency and accountability.
4. Reduced Intermediaries: Web3 domains often eliminate the need for traditional intermediaries, such as domain registrars and web hosting providers, as the domain management and hosting functions are decentralized and built into the blockchain infrastructure.

The key differences between Web2 and Web3 domains can be summarized as follows:
- Centralization vs. Decentralization: Web2 domains are centralized, while Web3 domains are built on decentralized blockchain technology.
- User as Consumer vs. User as Owner: In Web2, users are primarily consumers of content and services, while in Web3, users have greater control and ownership over their digital assets.
- Intermediaries vs. Reduced Intermediaries: Web2 domains rely on intermediaries, while Web3 domains often eliminate the need for traditional intermediaries.
- Transparency: Web3 domains offer greater transparency and accountability through the underlying blockchain technology.

I believe the transition from Web2 to Web3 domains represents a significant shift in the way we approach online identity, ownership, and the overall internet ecosystem. While Web2 domains have served us well, the decentralized and user-empowering nature of Web3 domains presents new opportunities for innovation, greater user control, and a more transparent and equitable digital landscape.
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