What is a #blockchain domain?
A domain asset on a blockchain. New extensions (like .com or .info) launched as smart contracts on public blockchains. Domains are stored by their owners, no third party can take them away 🔐
Blockchain domains have two major use cases short-term:
1) Making #Crypto Payments Simple
#Blockchain domains allow users to replace crypto addresses with human-readable names. Instead of copy/pasting, & emailing your address to someone, just tell them your blockchain domain.
They type your domain into a wallet, and send. No more long addresses.
❌ 0x…………...5vi93
✅ yourname.zil
2/ Censorship Resistant Websites
Store your blockchain domain asset in your crypto wallet, just like you store cryptocurrencies. When you control your private keys, you decide what is done with your domain asset. 🔑
In the current DNS system, registrars (Godaddy, Google Domains etc.) are custodians - they can seize your domain. Users point their blockchain domains to content and launch censorship resistant websites. This is not possible with traditional domains. 🚀
$BTC $ETH $ZIL
What if you replaced cryptocurrency addresses with human-readable names?
#UnstoppableDomains
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