2 years ago
In concern with Unstoppable Domains, Bitcoin.com is making it easier than ever to usage cryptocurrency arsenic a outgo method. Users of the multichain Bitcoin.com Wallet tin present nonstop cryptocurrency to the afloat scope of domains offered by the blockchain-based domain provider. This means, for example, that radical tin nonstop bitcoin to a human-readable code similar ‘elizabeth.crypto’ alternatively than to the agelong and analyzable wallet addresses that are autochthonal to the Bitcoin protocol (eg. bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq).
“Cryptocurrency is simply a almighty unit for creating economical state successful the world, but adoption has been stifled by the frankly mediocre idiosyncratic acquisition — and the industry-standard usage of analyzable wallet addresses is simply a cardinal symptom point,” said Bitcoin.com CEO Dennis Jarvis. “Unstoppable Domains’ human-readable addresses are a large measurement successful the close direction, which is wherefore we’re arrogant to enactment them successful our afloat self-custodial wallet.”
Unstoppable Domains is 1 of 3 large providers globally of blockchain-based domains, the different 2 being the Ethereum Name Service (ENS) and the Foundation for Interwallet Operability (FIO). These services, each of which are supported successful the Bitcoin.com Wallet, supply domain sanction extensions that are tied to a nationalist blockchain alternatively than to the accepted Domain Name System (DNS).
“When ownership of domain names is managed via nationalist blockchains alternatively than successful the backstage databases of accepted domain sanction registry services similar Verisign, the effect is reduced censorship hazard and enhanced spot rights — 2 of the cardinal worth propositions of cryptocurrency successful general,” said Jarvis.
At Unstoppable Domains, buyers tin acquisition a domain sanction similar ‘brad.crypto’ which is represented arsenic a nonfungible token (NFT) that lives connected either the Ethereum oregon Polygon blockchains. Via Unstoppable Domains’ web portal, buyers tin representation their cryptocurrency addresses to their domain name/NFT, and that accusation is recorded connected the blockchain. Anyone utilizing the Bitcoin.com Wallet tin past nonstop immoderate mapped cryptocurrency to the domain sanction proprietor by typing successful the domain sanction (eg. ‘brad.crypto’) successful the nonstop field.
“With implicit 32 cardinal wallets created, Bitcoin.com Wallet has the imaginable to bring usage of NFT domains to the mainstream,” said Sandy Carter, SVP of Business Development astatine Unstoppable Domains. “We’re thrilled to grow our concern with Bitcoin.com truthful we tin not lone simplify cryptocurrency payments, but besides empower radical to ain their information and their individuality crossed web3.”
Bitcoin.com CEO Dennis Jarvis added, “With Bitcoin.com launching our rewards and inferior token VERSE, we’ll beryllium guiding much and much newcomers into the web3/DeFi world. In that environment, tools that heighten sovereign ownership of information are indispensable infrastructure. We’re excited astatine the advancement Unstoppable Domains is making, and we’re looking guardant to deeper integrations successful the future.”
ABOUT UNSTOPPABLE DOMAINS
Founded successful 2018, Unstoppable Domains is an NFT domain sanction supplier and integer individuality level moving to onboard the satellite onto Web3. Unstoppable Domains offers NFT domains minted connected the blockchain that springiness radical afloat ownership and power of their integer identity, with nary renewal fees. With Unstoppable Domains, radical tin regenerate lengthy alphanumeric crypto wallet addresses with a human-readable sanction and log into and transact with much than 200 apps, wallets, exchanges and marketplaces. The institution was named by Forbes arsenic 1 of America’s Best Startup Employers successful 2022.
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