1. BITBILIHome
  2. Article

Unstoppable Domains expands Web3 offerings with Ethereum Name Service support

• 104 views

TL;DR Breakdown

  • Digital identity platform Unstoppable Domains expands its Web3 services, adding support for .eth domain endings from the Ethereum Name Service, simplifying user experience with Ethereum wallet addresses.
  • The company is rolling out additional features to ease the ownership of .eth domains, including auto-renewal for Ethereum-based domains and a secure digital vault for buyers’ domains prior to wallet connection, alongside support for both traditional and digital payment methods.
  • Unstoppable Domains, with over 6.3 million domains registered with them and ENS, is working towards developing industry standards through the Web3 Domain Alliance, seeking to shape the future of digital identity in the crypto space.

Description

In a significant move to bolster the Web3 space, digital identity platform Unstoppable Domains has announced support for Ethereum Name Service (ENS) domain names. However, the integration allows users to register a simpler name, like “me.eth,” in place of lengthy wallet addresses, according to company sources. This latest development expands Unstoppable Domains’ portfolio of Web3 … Read more

In a significant move to bolster the Web3 space, digital identity platform Unstoppable Domains has announced support for Ethereum Name Service (ENS) domain names. However, the integration allows users to register a simpler name, like “me.eth,” in place of lengthy wallet addresses, according to company sources. This latest development expands Unstoppable Domains’ portfolio of Web3 offerings, which include the widely recognized .crypto, .nft, and .polygon domain endings.

The company, with its 3.6 million registered domains, and ENS, holding 2.7 million, are leading the industry in digital identity preservation. This integration represents an important stride in unifying the user experience across different blockchain domains. However, Matt Gould, CEO and Co-Founder of Unstoppable Domains expressed the company’s intention to simplify domain management and purchase for Web3 users who wish for a single platform for their diverse digital assets.

Streamlining domain ownership and management

Beyond the provision of .eth domain endings, Unstoppable Domains has rolled out several features to streamline domain ownership and management. The company is also offering auto-renewal for Ethereum-based domains, reducing the risk of losing highly coveted domain names due to expiry. Unstoppable Domains has also implemented a vault for custody buyers’ domains before they are linked to their wallets.

Further enhancing user convenience, the platform now supports both fiat payments and cryptocurrencies, enabling customers to purchase domains using credit cards, PayPal, Apple Pay, Google Pay, Bitcoin, and 12 different cryptocurrencies.

Unstoppable Domains is working to develop .eth domain management tools, which will include the ability to set cryptocurrency addresses, manage on-chain profile data, and transfer .eth domains. While domains purchased from Unstoppable will be registered through the ENS smart contract and maintain ENS functionality, they will initially not support Unstoppable’s vast integration network.

The integration between Unstoppable Domains and ENS indicates a significant milestone toward a unified and user-friendly Web3 ecosystem. As part of its commitment to the Web3 space, Unstoppable Domains is also actively participating in the Web3 Domain Alliance. The organization aims to foster collaboration and standardization in developing digital identities across the crypto space.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Unstoppable Domains expands Web3 offerings with Ethereum Name Service support

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月18日 00:48
Next 2023年7月18日 02:19

Related articles

  • Friend.tech’s Data Breach: The Controversy Surrounding the Decentralized Network

    TL;DR Breakdown Friend Tech, a decentralized social network, faced significant backlash after a data breach exposed over 101,000 users’ Base wallet addresses and Twitter identities. Despite its growing popularity, concerns arise about the platform’s security measures and the broader implications of granting third-party platforms access to personal data. Description In the rapidly evolving world of cryptocurrency and decentralized networks, Friend. tech emerged as a promising player, only to face significant backlash due to a recent data breach. This incident has raised concerns about the platform’s security measures and the broader implications for users who trust third-party platforms with their data. Contents hide 1 A … Read more In the rapidly evolving world of cryptocurrency and decentralized networks, Friend. tech emerged as a promising player, only to face significant backlash due to a recent data breach. This incident has raised concerns about the platform’s security measures and the broader implications for users who trust third-party platforms with their data. Contents hide 1 A Promising Start Marred by Security Concerns 2 The Power and Peril of Third-Party Access 3 Friend Tech’s Defense…

    Article 2023年8月22日

  • Nike’s .SWOOSH platform sales hit milestone figure

    TL;DR Breakdown Nike’s.SWOOSH platform sales have hit over $1 million despite delays and issues. The sale represent growing demands in the NFT market. Nike’s .SWOOSH Web3 platform has made a splash in the world of non-fungible tokens (NFTs) with its first-ever NFT sneaker collection, generating over $1 million in sales. Despite facing persistent delays and technical issues that hindered the user experience, the collection garnered significant attention from buyers. The Nike platform hit $1 million despite delays and issues The sale of the highly-anticipated Nike virtual creations was initially slated to begin on May 8, but due to unforeseen circumstances, it was pushed back to May 15. The “First Access” round of sales was exclusively available to select users who received airdropped “posters” that granted them early entry. Nike distributed a total of 106,453 posters to its earliest .SWOOSH community members. Following the First Access sale, the “General Access” sale commenced on May 24, two weeks later than originally planned. This phase aimed to sell any remaining NFTs from the inventory of 106,453. As of Thursday afternoon, Polygonscan reported that…

    Article 2023年5月28日

  • SEC chairman says existing guidelines are clear enough

    TL;DR Breakdown SEC chairman addresses regulatory issues in a keynote speech. Analysts question SEC’s regulatory process as EU drafts new crypto rules. SEC Chairman Gary Gensler emphasized the publication of existing rules and guidelines during his recent keynote speech at the 27th annual Financial Markets Conference. Gensler refuted criticism that the SEC has not provided adequate guidance to crypto companies seeking compliance with federal law. The SEC chairman gave a speech on regulatory issues The conference, themed “Old Challenges in New Clothes,” gathered notable financial authorities, industry experts, and digital economy participants. The SEC chairman’s speech primarily focused on broader financial market issues. However, the discussion turned to digital assets when moderator Tom Barkin, President and CEO of the Federal Reserve Bank of Richmond, inquired about the ongoing court case involving Coinbase and the SEC’s enforcement efforts in the crypto space. While acknowledging the groundbreaking work of Satoshi Nakamoto and the innovation brought about by cryptocurrencies, Gensler rebutted claims that the SEC is lagging, citing the agency’s track record of initiating 140 cases in the past. The SEC chairman warned…

    Article 2023年5月17日

  • Russian Government advises against cryptocurrencies as savings option

    TL;DR Breakdown Russian Finance Ministry advises against investing in cryptocurrencies as a savings option, citing high risk and lack of interest accrual. Russian government abandons plans for a national cryptocurrency exchange and focuses on regulating crypto trading platforms instead. Russia explores the use of digital assets for cross-border payments to overcome sanctions, with a draft law allowing DFAs and cryptocurrencies for cross-border payments by exporters. The country also plans to support interactions with other CBDCs through the digital rouble platform. Russian Ministry of Finance has cautioned citizens against using cryptocurrencies as savings. With the decline in interest for foreign fiat currencies due to imposed restrictions and Western sanctions, the official emphasized that high-risk assets like cryptocurrencies are unsuitable for most people’s savings and should primarily be considered by wealthier individuals. During the blockchain conference “Finance of the Future: Challenges and Opportunities,” Ivan Chebeskov, the head of the Financial Policy Department of the Russian Ministry of Finance, highlighted the risks associated with cryptocurrencies. He stated that even stablecoins pegged to traditional currencies are not ideal for savings as they do not…

    Article 2023年6月6日

  • US lawmakers urge SEC, FINRA on Prometheum approval

    TL;DR Breakdown House Financial Services Committee questions SEC and FINRA about Prometheum’s SPBD license. Concerns raised over the rapid approval given Prometheum’s lack of operating history. Prometheum came to attention after its co-CEO, Aaron Kaplan, testified before the Description Mounting pressure descends on the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) as prominent figures from the House Financial Services Committee demand clarity over the somewhat controversial granting of a special purpose broker-dealer (SPBD) license to Prometheum. Questionable License Approval Raises Eyebrows The committee, chaired by Patrick McHenry, joined by 20 … Read more Mounting pressure descends on the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) as prominent figures from the House Financial Services Committee demand clarity over the somewhat controversial granting of a special purpose broker-dealer (SPBD) license to Prometheum. Questionable License Approval Raises Eyebrows The committee, chaired by Patrick McHenry, joined by 20 other members, directed their inquiries at both SEC Chair, Gary Gensler, and FINRA’s head honcho, Robert Cook. A primary point of contention? The bewildering rapidity of the license…

    Article 2023年8月16日
TOP