Unstoppable Domains expands Web3 offerings with Ethereum Name Service support

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

  • Indian rupee outperforms emerging market currencies despite approaching its all-time low

    TL;DR Breakdown The Indian rupee is on the brink of a historic low but still maintains its status as a preferred choice among certain investors within emerging markets. The RBI’s active involvement in the foreign exchange market might make it challenging for the rupee to decline beyond the threshold of 83.25. Description The Indian rupee is on the brink of a historic low but still maintains its status as a preferred choice among certain investors within emerging markets. Factors such as a substantial reserve of $600 billion, foreign inflows into stocks amounting to over $16 billion this year, and a projected economic growth rate of 6.5% contribute … Read more The Indian rupee is on the brink of a historic low but still maintains its status as a preferred choice among certain investors within emerging markets. Factors such as a substantial reserve of $600 billion, foreign inflows into stocks amounting to over $16 billion this year, and a projected economic growth rate of 6.5% contribute to the positive outlook held by investment firms like Neuberger Berman Singapore and Columbia Threadneedle…

    Article 2023年8月21日
  • 7-Eleven launches free Slurpee NFTs for 96th anniversary

    TL;DR Breakdown 7-Eleven is launching free Slurpee NFTs on Polygon Network as part of its celebration as it turns 96 The collectibles are only licensed to the collector and cannot be sold or transferred to a third party Food and drink brands are entering the fast-rising NFT space Description 7-Eleven, a global convenience store franchise, announced that it was launching free Slurpee NFTs on Polygon Network as part of its celebration as it turns 96. The sugary collectible game, available on mobile devices, features a virtual 7-Eleven Slurpee cup with four flavors: Pina Colada, Blue Raspberry, Cherry, and Summertime Citrus. In its press release, … Read more 7-Eleven, a global convenience store franchise, announced that it was launching free Slurpee NFTs on Polygon Network as part of its celebration as it turns 96. The sugary collectible game, available on mobile devices, features a virtual 7-Eleven Slurpee cup with four flavors: Pina Colada, Blue Raspberry, Cherry, and Summertime Citrus. In its press release, the 7-Eleven Executive Vice President, and Chief Marketing & Sustainability Officer, Marissa Jarratt, mentioned that they are always…

    Article 2023年7月13日
  • Why PayPal’s stablecoin is about to become a big deal

    Description When PayPal recently unveiled its newest crypto brainchild, PayPal USD, the financial world took a collective breath. While memories of Facebook’s ill-fated Libra still hang heavy in the air, there’s something distinctly different this time. This isn’t just another stablecoin announcement. This is a seismic shift, and here’s why. PayPal’s Leg-up Over Past Failures Facebook’s … Read more When PayPal recently unveiled its newest crypto brainchild, PayPal USD, the financial world took a collective breath. While memories of Facebook’s ill-fated Libra still hang heavy in the air, there’s something distinctly different this time. This isn’t just another stablecoin announcement. This is a seismic shift, and here’s why. PayPal’s Leg-up Over Past Failures Facebook’s Libra stumbled largely because the world wasn’t ready for it. Policymakers blinked in surprise, unsure how to regulate this audacious attempt at creating a global currency. The concern wasn’t entirely unfounded. Facebook, with its vast global reach and its myriad of controversies ranging from privacy breaches to election meddling, was seen as a wildcard. Could we really trust such an entity with our money? Enter PayPal,…

    Article 2023年8月22日
  • Top crypto tweets of the day – August 29th

    Description Contents hide 1 Crypto prices jump as Grayscale secures a win against SEC in court 2 Bitcoin ETFs are up for review this week 3 Digital asset investment products saw outflows totalling US$168m 4 Twitter obtains the licence required for crypto payments and trading 5 BTC dominance finds support 6 Bitcoin shoot past $27,000 7 … Read more Contents hide 1 Crypto prices jump as Grayscale secures a win against SEC in court 2 Bitcoin ETFs are up for review this week 3 Digital asset investment products saw outflows totalling US$168m 4 Twitter obtains the licence required for crypto payments and trading 5 BTC dominance finds support 6 Bitcoin shoot past $27,000 7 Bitcoin regains its purchase momentum 8 The odds of spot Bitcoin ETF approval have increased 9 Dead Russian billionaire Yevgeny Prigozhin rumoured to be 5th largest Bitcoin holder 10 Bitcoin is front page news today 11 Search interest in crypto dwindles 12 Peter Schiff says GBTC becoming a spot ETF is bearish for Bitcoin 13 Despite last week’s market dip, PEPE’s liquidity remained steady Crypto prices…

    Article 2023年8月30日
  • FTX objects to extended settlement talks with bankrupt crypto lender Genesis

    TL;DR Breakdown FTX and its affiliates object to extending settlement talks with bankrupt crypto lender Genesis, causing delays in the resolution process. Genesis’ bankruptcy proceedings face challenges due to delays, lawsuits, and objections from creditors, including FTX, the largest creditor with claims worth $3.9 billion. Sam Bankman-Fried, founder of FTX, seeks to shift blame to a law firm in his defense against fraud charges, while FTX debtors challenge Genesis’ recovery plans and request relief from the stay. In a recent court filing, FTX and its affiliates objected to the extension of court-mediated settlement talks involving bankrupt crypto lender Genesis. Despite being a major creditor, FTX claimed that it had not been invited to the court-appointed mediation in May. Genesis had filed a motion estimating FTX debtors’ claims at $0.00, but FTX, stating that it was the largest creditor with claims worth $3.9 billion, opposed this motion. The objections from FTX and other individual Genesis creditors have caused delays in the settlement attempts, frustrating the resolution process. Genesis bankruptcy proceedings marred by delays and lawsuits Genesis, once a prominent provider of…

    Article 2023年6月8日
TOP