Blockchain Domains – Explanation, Registration, Advantages and Disadvantages
Blockchain Domains are the next step in the evolution of domain names. Blockchain Technology is an emerging idea and is being embraced by tech giants like IBM. This technology allows for a secure and transparent way to record and track information in a distributed system.
The Blockchain Domains platform provides users with an alternative to traditional Domain Names. With this new platform, users are able to purchase, search, register, renew, transfer or auction off domain names using the Ethereum network.
Blockchain Domains are creating a truly decentralized platform for registering and transferring domain names. They are eliminating the middleman from this process, giving users full control over their domain.
The main difference between using a centralized registry service provider and Blockchain domains is that Blockchain domains offer transparency, security and accuracy of information which could be verified in real time on the distributed ledger.
- 1 Overview
- 2 What is a Blockchain Domain?
- 3 How They Work
- 4 The Best Websites to Buy Blockchain Domains
- 5 How to register and set up a Blockchain Domain
- 6 How Do I Get A Blockchain Domain?
- 7 Domain Names Are Safe
- 8 The Benefits of Having a Blockchain Domain
- 9 How to Host Your Own Website with a Blockchain Domain
- 10 How to access your own Website with a Blockchain Domain
- 11 Blockchain Domains Endings and Adresses
- 12 Conclusion
- 13 References:
- A Blockchain domain is a domain name that is registered on a Blockchain platform.
- It provides security because it eliminates single points of failure and makes it difficult to modify records.
- No central authority manages the platform, so users can register domain names openly with a transparent platform for registration.
- Blockchain domains are available for sale from smart contract addresses on the Ethereum Network.
- The buyer and seller can interact directly with each other on the Blockchain in order to complete the registration process.
- The registry is decentralized, eliminating many of the problems that plague traditional centralized registries.
- There is no central authority that can block or delete domain names.
- The registry respects intellectual property rights and automatically rejects infringing entries.
- Users can buy and sell domain names with cryptocurrency from any device as well as escrow transactions through smart contracts.
- To buy and register a Blockchain Domain you can use the website Unstoppabledomains.com.
What is a Blockchain Domain?
Blockchain Domains are a platform that uses Blockchain Technology to provide an alternative to traditional Domain Names. With this new platform, users are able to purchase, search, register, renew, transfer or auction off domain names using the Ethereum Netowork.
The main difference between Blockchain Domains and centralized registry service providers is that Blockchain Domains offers transparency, security and accuracy of information which could be verified in real time on the distributed ledger. Blockchain Domains is a decentralized, peer-to-peer domain registration platform.
Blockchain Domains was created by MetaCertified, an affiliate of MCR Labs. They are working with IBM to bring Blockchain technology to the world of domains. With the launch of Blockchain Domains, they are able to offer a top tier domain registration service for security, speed and accuracy at an affordable price.
How They Work
The Blockchain Domains platform is a decentralized, peer-to-peer domain registration platform. This means that there is no central authority managing domain names. Blockchain Domains are also a new way to register a domain name because they do not rely on a third party like ICANN. The domain name you own is transferred into your possession only after the registry release it to you.
When you want to buy, search, register or auction off your domain name, you place it on Blockchain Domains Space.
The Best Websites to Buy Blockchain Domains
Unstoppabledomains.com is bringing Blockchain Domain Names to life by providing users with access to a secure marketplace where the registration and auctioning off of domain names can be completed via the Ethereum Blockchain.
Another Website to buy Blockchain Domains is Peername.com.
How to register and set up a Blockchain Domain
In order to get started, you will need to register and create an account on a site like Unstoppabledomains.com. When you purchase a domain name from the marketplace, you have the option of using ETH or BTC for your payment. On the Network set-up page, you can decide on how many names and email addresses you want to include in your network. You will also be required to set up 2-factor authentication. This security measure will allow you to protect your account by requiring additional verification before helping with your auction or transfer of domain names.
After you set up your account, you are now ready to search for available domain names. Unstoppabledomains.com have a search engine that allows users to search for domain names by categories, ICANN and IDN character sets. You can also use the filter check boxes to narrow down your results.
Next, you purchase the Domain name if it is still available.
How Do I Get A Blockchain Domain?
To get a Blockchain domain, you must first purchase Ethereum. You can do that from any ERC20 compatible wallet like Metamask or MyEtherWallet (MEW). To purchase Ethereum you can use a platform like Binance or CoinBase.
With your Ethereum in your wallet, you can go to the Marketplace and search for a domain name that you would like to register or auction off.
Once you find a domain name that meets your specifications, click on it to buy it from the marketplace. You can then use MyEtherWallet or Metamask to send ETH to pay for it.
Domain Names Are Safe
Blockchain Domains allows users to register domain names openly, as there is no central authority managing the platform. This gives users a transparent platform to register a new domain name. With this new technology, users are able to:
Buy and sell domain names with cryptocurrency from any device
Escrow transactions through smart contracts that allow anyone to track the progress of their transaction in real-time via the Ethereum Blockchain.
Protect your domain names with free 2-factor verification provided by Blockdns.
Get a Domain Name For Free
MetaCertified is offering a special Promotion on their new Blockchain Domains platform. If you refer users to the marketplace, and they purchase domain names, you can have your own Blockchain domain name for free! The only requirement to get your Free Blockchain Domain Name is if the referred users are applicants for or successfully registered their domain name through the platform.
The Benefits of Having a Blockchain Domain
Secure and anonymous domain name registration with decentralized domain management. This reduces single points of failure and makes it difficult to modify records. You can hold on to your domain name for as long as you want because there is no central authority that will manage your domain. With MetaCertified, there are no limits to the number of domains you can own.
Get paid for using the MetaCertified service. You can also sell domain names that you own but are no longer in use.
By registering a domain name with MetaCertified, you gain access to the same domain name registrant benefits that come with any other registrar. For example, if you go live with your website:
You now have an available domain name for your title tags and meta tags.
For spammers, MetaCertified protects your identity by only allowing identities to be released through permission of the registrant. The Blockchain allows authorities to view the records of any action taken on your domain name.
How to Host Your Own Website with a Blockchain Domain
You can host your own website, blog, or store with a Blockchain domain. Here are some advantages of hosting your own website on the Blockchain:
Customized Domain Name (.eth domains) – This allows you to control the look and feel of your site as it is now unique and totally yours.
- This allows you to control the look and feel of your site as it is now unique and totally yours. Many hosting services – You can use other hosting services such as Amazon or Digital Ocean (heaps cheaper). If you have your own host, you can do almost anything to the domain.
- You can use other hosting services such as Amazon or Digital Ocean (heaps cheaper). If you have your own host, you can do almost anything to the domain. Secure – MetaCertified uses Blockchain technology to secure and handle identity storage. This is important because it eliminates single points of failure and makes it difficult for identity records to be modified.
MetaCertified uses Blockchain technology to secure and handle identity storage. This is important because it eliminates single points of failure and makes it difficult for identity records to be modified. Complete Control – You have complete control over the type of content on your site, and you only have to deal with one hosting service instead of many third parties.
How to access your own Website with a Blockchain Domain
To access a blockchain domain, you can enter the domain into the Brave browser and type in the extension “.xyz”. To open the blockchain domain of the well-known crypto-influencer Guy, for example, you can enter his domain “Guy.eth” and then add the following: Guy.eth.xyz.
Blockchain Domains Endings and Adresses
The following Domain endings are available for Blockchain Domains:
Blockchain Domains are a new way to register and transfer your domain names. They eliminate the middleman from this process, giving users full control over their domain names. The main difference between using Blockchain Domains and centralized registry service providers is that Blockchain Domains offer transparency, security and accuracy of information which could be verified in real time on the distributed ledger. Blockchain Domains are also a major benefit to the end user who will save money in the process.
Blockchain Domains are still a relatively new service but will continue to develop and expand through the years. As they continue to become more popular, it is likely that many other registry services will offer them.