If you’re a fan of cryptocurrencies, you should be aware of the Blockchain Naming Service (BNS), which functions similarly to the Domain Name System (DNS). It makes it possible for anyone using a computer to directly access the website of your blockchain business from any location.
In this article, we go over the design and flaws of the current DNS, which supports the World Wide Web. Then, we will explain what is blockchain naming service and mention 5+ best blockchain naming service platforms to buy crypto domain name.
What is a Domain Name System (DNS)?
The entrance to the internet, or the Internet’s phone book, is a Domain Name System (DNS).
The address of your website must be specified everywhere, but it is especially important for businesses. It makes it possible for anyone using a computer to access your website directly from anywhere.
To visit a website with the name “ABC,” for instance, you can enter “www.ABC.com” in any browser, such as Chrome, CocCoc, Edge, etc instead of the IP address.
A URL typically contains the domain name. A domain name is composed of numerous labels. Each section of the domain hierarchy represents a subdivision and should be read from right to left.
After the period in the domain name, the top-level domain appears. There are numerous top-level domains (TLD), but some examples include.com,.org, and.edu. Some domains, like “.us” for the United States or “.ca” for Canada, may indicate a country code or specific geographic area.
Each label next to the TLD on the left indicates a different subdomain of the domain on the right. For instance, “ABC” is a subdomain of.com and “www.” is a subdomain of “ABC.com” in the URL “www.ABC.com”.
In this circumstance, you avoid having to recall how to mix up numbers with digits and alphabets. In order to avoid confusion and save time and effort, you should type the website address instead.
What is a Blockchain Naming Service (BNS)?
Although it functions similarly to DNS, Blockchain Naming Service (BNS) is distinct in a number of ways. Due to their decentralized and transparent nature, blockchain domains are safe and open.
In contrast to traditional domains, a user now has more functionality. Here, data storage security is provided by the blockchain domain. It is easy to access but difficult to alter or remove. You will have a lot of options and flexibility if you use BNS.
Along with a decentralized wallet address and decentralized identity, BNS is used as a decentralized domain name. There is therefore no censorship option that anyone can use. It provides security and protection against cyberattacks.
An illustration would be “www.ABC.eth”, where “.eth” stands for Ethereum.
If you use it as a standalone piece of software or as a browser extension, you can use the same address for payments. As a result, BNS addresses the core issue with Blockchains and enables users to adopt the latest trend.
Human-readable, distinctive, and simple-to-remember addresses are the foundation of BNS. To access any website, you simply need to install specific browser extensions and plugins.
Additionally, the domain assets are the sole property of the owner and cannot be censored. You can make secure payments using this instead of lengthy alphanumeric addresses. It has three crucial characteristics, including availability, integrity, and confidentiality.
BNS is crucial for both businesses and people, helping to secure transactions. The following are some key characteristics of the Blockchain Naming Service:
- Self-custody is a key component of the blockchain industry. Your domain name becomes decentralized as a result, giving you total control over it. Self-custody allows you to have sole control over your domain, decentralized websites, and other benefits.
- Blockchain domains are resistant to tampering, modification, censorship, or purging by outside parties.
- Instead of websites, the blockchain domain is directly connected to cryptocurrency wallets.
- To access blockchain domain names, which is simpler, you need software. To fix serious problems, you can also add the domain to your browser’s extensions.
- BNS offers modern blockchain users security, improved functionality, and accessibility.
- It resists censorship and gives users more control or ownership.
- It can also be used as a platform for decentralized data storage and recovery, hosting no content on the main server.
5 Best BNS platforms to get your blockchain domain name
Now, let’s discuss some top BNS platforms where you can purchase a blockchain domain name.
With Unstoppable Domains, you can get blockchain domain names like .zil, .crypto, .wallet, .coin, .x, .nft, .dao, .bitcoin, and others.
The domain name can be used as your username on various websites and applications, as well as your website’s URL and wallet payment addresses. Since the domains are supported by browsers like Opera, Chrome, Firefox, Edge, and Brave, using blockchain domains won’t be a problem.
Numerous programs, including Chainlink, Bitcoin.com Wallet, Coinbase Wallet, Rainbow Wallet, MyEtherWallet, Trust Wallet, The Graph, BRD, and others, also support Unstoppable Domains. You will never have to be concerned about sending payment to the incorrect address thanks to all the advantages of using these blockchain domains.
It’s easier than ever to send cryptocurrency to the recipient’s domain. With a single domain, you can send Ethereum, Bitcoin, and other currencies. With Unstoppable Domains, you can purchase a domain name rather than search for a rented one.
Pay once with the price starting at $5, and use forever. It functions exactly like cryptocurrency, so you store the domain in your wallet so that only you can access it. The services are also compatible with iOS and Android applications.
Decentralized naming is available from ENS for your websites, wallets, and more. Use the search bar on the Ethereum Name Service to find the domain of your choice, register it by specifying the number of years, and start using it for transfers.
The dashboard makes it simple to manage your domain. When you have the advantage of using your own username, there is no longer any reason to use sandboxed usernames. ENS enables you to choose your own username, save a favorite avatar, store profile information, and use the same information across different services.
Use your ENS domain to store all of your addresses as well as to send and receive tokens, cryptocurrency NFT, and other things. Additionally, you can use ENS to start a decentralized website, upload it to IPFS, and then access it directly using the ENS name you register.
You can also combine your ENS names with the DNS names you are familiar with. ENS supports a wide range of DNS names, including.com,.org,.io,.xyz,.art,.app, and others. With ENS, you receive full security advantages in addition to the.ETH suffix.
Numerous wallets, including Rainbow, MyCrypto, Coinbase, Bitcoin.com Wallet, and others, are part of the ENS ecosystem. You will also receive a wide variety of applications, such as Uniswap, Showtime, Etherscan, OpenSea, Aave, and many others.
Browsers like Status, Cloudflare, MetaMask Extension, Opera, Brae, and others let you access your website address.
As decentralized domain names are the way of the future, register your blockchain domain with PeerName. It provides a web-based interface that is simple to use for domain name registration.
All of the domains are kept by PeerName in cold storage, which is separate from computers and the internet. It aids in defending your domains against theft and assault. As a result, you can trust PeerName knowing that your domains are in good hands.
You will have complete control over your domains with PeerName, along with better security communications, hidden owner name service, and other benefits. The domain renewal and registration process depend on offline signed transactions.
Requesting the transfer is free at any time. For the first year, using PeerName is also without charge. It offers specific blockchain domain extensions, including.bit,.coin,.bazar,.emc,.lib, and.onion. You can renew your domain for.bit for $13.99 per year. For $399, you can launch your domain at all time.
Utilize Stacks to fully utilize Bitcoin and consider the advantages of adopting this technology.
Blockchain Naming System is a network system that links Stacks usernames with the off-chain state without the use of centralized control points. The Stacks blockchain ensures that every node’s BNS view is synchronized with every other node worldwide.
As a result, each node will contain the same queries. Additionally, you will receive strongly owned, singularly unique domains. Numerous other topics will be covered, such as Non-Fungible Tokens (NFTs), which have special characteristics.
DeFi is a large and untapped market, and Stacks is well-positioned to support Bitcoin DeFi by giving access to contracts visibility in the state of Bitcoin and Stacks’ inherent capability.
Anybody can make a special namespace and customize its special properties. First-come, first-served policy applies. Unlike DNS, once you acquire a unique blockchain domain, you own it forever. Additionally, you will discover important BNS characteristics that make it a potent tool in network applications:
- It is distinct to prevent name overlapping.
- You must choose names that are special and have significance.
- You will only be granted access to make changes.
Get distinctive domains on Solana to make the transfer of your funds easier. Now is the time to register your domain and get working on your projects.
Instead of using a lengthy wallet address, come up with a user-friendly and memorable domain name to prevent malfunction. It’s very easy to proceed; just place your bid by looking through the domain names.
To make money off of your collection, you can also put the same domain up for auction. It supports a number of wallets, including Blockto, MathWallet, Phantom, Solflare, Sollet, Torus, Coin98, Slope, and Sollet.
Before the auction closes, select your preferred wallet and place a bid for the available domain name. There are many domains that people have created and put their money into.
To place a bid, all you have to do is type in your domain name or look at the auction list.
What is your favorite blockchain naming service platform?
The advantages of blockchain domains over traditional ones are numerous. BNS has the power to alter how people perceive the digital world. Decentralized websites and identification are just getting started, and many people and companies can benefit from this technology.
The Blockchain Naming Service (BNS) platforms mentioned above can help you easily obtain your own blockchain domain name without the need for censorship or the involvement of third parties.
Choosing a blockchain domain name is based on your focusing blockchain niche. For example, if you are running a Web3 or NFT startup, you can get your domain from Unstoppable Domains, ENS, and Stack. When starting your Web3 business, if you face any difficulties, you can contact Satom Venture Studio to get help with both financial and promoting support.