MyEtherWallet to Offer ‘.Crypto’ Blockchain Domains to 1 Million Users
MyEtherWallet to Offer '.Crypto' Blockchain Domains to 1 Meg Users
Unstoppable Domains and MyEtherWallet are partnering to let the wallet'due south users purchase .crypto domains, exposing uncensorable domains to a wider audience.
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Users of MyEtherWallet, an Ethereum wallet app, will soon exist able to buy a .crypto domain from the wallet's interface. Unstoppable Domains, a company that is hoping to spread awareness of the decentralized domain blazon, entered a partnership with the wallet provider.
Announced on April 23, the integration with MyEtherWallet would allow the domain provider access the wallet's 1 million monthly active users. Unstoppable Domains refers to the wallet company equally a domain registrar, which are normally companies responsible for reselling domains.
Dissimilar with traditional domain registration, custody of the domain is tied to the specific wallet and is not controlled by any centralized entity.
The .crypto domain is based on Unstoppable Domains' smart contracts on Ethereum, which are responsible for assigning the domains and looking up the addresses.
It is separate from the Ethereum Name Service (ENS), which assigns .eth domains, but the functionality is similar. Unstoppable Domains tin tie the .crypto domain to an Ethereum wallet, making it possible to ship coin to human-readable addresses.
Building an uncensorable web
The visitor is also pushing the .crypto domain as an uncensorable alternative to existing spider web addresses.
Since it falls outside of the traditional domain name infrastructure, normal browsers cannot open .crypto websites. Equally reported past Cointelegraph in March, the Opera browser entered into a partnership with Unstoppable Domains to accept blockchain-based domains.
Opera nevertheless only holds 2.ii% of the global market share. For Chrome users, Unstoppable Domains released a browser extension.
The company stresses that blockchain domains are not going to brand the spider web uncensorable by themselves, but they help users featherbed restrictions when publishing content.
It is worth noting that many of the milder censorship systems are implemented only on DNS servers, and can be bypassed past tools such equally the Google DNS. The .crypto domain could thus help in these scenarios.
Crypto wallets to act as resellers
Co-founder of Unstoppable Domains, Brad Kam, told Cointelegraph that MyEtherWallet is only the beginning:
"Crypto wallets are the all-time places for crypto users to discover blockchain domains. We'd dearest to talk to other wallets that may exist interested."
Since wallets also hold the domains, information technology makes sense that they would offer buy services, like to how most of them provide tools for buying crypto. Kam ended:
"This integration shows that wallets are becoming much more than than just places to shop crypto - they are becoming portals to access blockchain products and services."
Source: https://cointelegraph.com/news/myetherwallet-to-offer-crypto-blockchain-domains-to-1-million-users
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