Unstoppable introduces instant messaging for crypto holders

TL;DR Breakdown

  • Unstoppable Domains introduces encrypted messaging for Web3 usernames.
  • Messaging extends crypto username use beyond just payments.
  • Built on the XMTP protocol, ensuring encrypted, long-lasting messages.

Description

Gone are the days when crypto was simply about trading, buying, or storing digital coins. The crypto world is evolving, and companies like Unstoppable Domains are leading the way. The latest introduction from the firm? An encrypted messaging system tailored for crypto users with Web3 usernames, bridging a gap that many hadn’t even realized existed. … Read more

Gone are the days when crypto was simply about trading, buying, or storing digital coins. The crypto world is evolving, and companies like Unstoppable Domains are leading the way.

The latest introduction from the firm? An encrypted messaging system tailored for crypto users with Web3 usernames, bridging a gap that many hadn’t even realized existed.

Broadening the Crypto Horizon: Beyond Just Payments

Web3 usernames are no newbies in the digital space. Since 2017, crypto enthusiasts have benefited from these usernames, making the arduous task of remembering long alphanumeric crypto addresses a thing of the past.

Remembering a labyrinthine string like 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045? Impossible. But “Jai.eth”? That’s more like it. This evolution has primarily catered to payments.

Until now.

It seems that Unstoppable isn’t just content with being a part of the status quo. It’s keen on pushing boundaries. While crypto usernames have simplified transactions, few have dared to envision their use beyond payments.

Now, imagine using these usernames for messaging! Sounds ludicrous? Think again. Coinbase Wallet paved the way when they introduced an instant messaging system in July. Users could send messages using their unique .eth or .cb.id usernames.

Not just that, their system also melded seamlessly with the Lens social media protocol, thanks to the shared XMTP or extensible message transport protocol.

However, one glaring omission was the inability to accommodate usernames registered through Unstoppable Domains. That limitation has been taken head-on and effectively squashed.

Cryptocurrency users with .crypto or .polygon and other UD-registered domains can now message with ease.

Integration and Collaboration: The Path Forward

Cryptocurrency has always been about decentralized, seamless integration. This spirit is palpably evident in Unstoppable’s endeavors.

The messaging feature, built on the XMTP protocol, guarantees encryption and ensures that user conversations remain intact even if, hypothetically, Unstoppable were to close shop.

“No matter what the future holds for Unstoppable, your messages are yours,” the company bluntly points out.

The road ahead looks promising. Unstoppable is gearing up for an integration with the Push Protocol. What does this mean for the users? They can opt to get notifications from various Web3 projects. These projects will have the facility to reach out to users via Unstoppable’s platform.

Earlier this year, Unstoppable Domains also showcased its collaborative spirit. Its partnership with Binance.US is proof of that. Crypto users can now register names that end in .BinanceUS.

Moreover, putting aside competitive rivalries, Unstoppable called a détente with the Ethereum Name Service (ENS) in July. This collaboration permits the sale of ENS .eth names in the Unstoppable store, marking a new era of cooperation.

Unstoppable’s stride into instant messaging isn’t just an upgrade; it’s a testament to the potential of the crypto universe. This isn’t just about a single company’s vision. It’s about the ever-expanding horizon of the crypto ecosystem.

However, it’s imperative to remain vigilant and critical as these platforms continue to grow, ensuring they maintain the high standards and transparency that users demand. The future is, indeed, unstoppable.

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 decision.

文章来源于互联网:Unstoppable introduces instant messaging for crypto holders

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8月24日 12:03
Next 2023年8月24日 14:33

Related articles

  • RocketSwap labs suffers $865K breach; Unveils recovery plan with new farm contract

    TL;DR Breakdown RocketSwap Labs experienced a significant security breach on August 14, leading to a loss of $865,000. In response, the company quickly introduced an emergency recovery plan, including relaunching a new farm contract. RocketSwap Labs made an unconventional request to the hackers, asking them to return the stolen assets. Description RocketSwap Labs found itself grappling with a significant security breach on August 14, resulting in the loss of a staggering $865,000, equivalent to 471 Ether (ETH). Acting swiftly, the company unveiled its emergency recovery plan to mitigate the breach’s aftermath. The gravity of the situation prompted RocketSwap Labs to divulge their strategic maneuver: a relaunch … Read more RocketSwap Labs found itself grappling with a significant security breach on August 14, resulting in the loss of a staggering $865,000, equivalent to 471 Ether (ETH). Acting swiftly, the company unveiled its emergency recovery plan to mitigate the breach’s aftermath. The gravity of the situation prompted RocketSwap Labs to divulge their strategic maneuver: a relaunch of an entirely new farm contract, one that would be openly sourced on the blockchain. This…

    Article 2023年8月15日
  • Senators Warren and Sanders demand accountability from crypto tax evaders

    TL;DR Breakdown Democratic senators compete with Bernie Sanders to push for timely crypto tax regulations. Infrastructure bill mandates expanded tax reporting for cryptocurrency brokers. Senators estimate tax evaders may be depriving the IRS of at least $50 billion annually. Description Democratic Senators Elizabeth Warren (D-Mass.), Bob Casey (D-Pa.), and Richard Blumenthal (D-Conn.) have teamed up with Bernie Sanders (I-Vt.) to push for the timely implementation of cryptocurrency tax reporting regulations. In a letter addressed to the chiefs of the Treasury and the Internal Revenue Service (IRS), the senators expressed concern that time was running out … Read more Democratic Senators Elizabeth Warren (D-Mass.), Bob Casey (D-Pa.), and Richard Blumenthal (D-Conn.) have teamed up with Bernie Sanders (I-Vt.) to push for the timely implementation of cryptocurrency tax reporting regulations. In a letter addressed to the chiefs of the Treasury and the Internal Revenue Service (IRS), the senators expressed concern that time was running out to announce the new rules. The urgency stems from the mandates included in the $1.2 trillion infrastructure bill, which the Senate approved in August 2021. This legislation…

    Article 2023年8月3日
  • Elon Musk’s X denies plans to launch a native cryptocurrency

    TL;DR Breakdown CEO of X (formerly known as Twitter) Elon Musk has denied reports of the platform launching a crypto token. Market impact and future implications. Description In a recent development, Elon Musk, the high-profile entrepreneur and CEO, has clarified that his social media platform X (formerly known as Twitter) has no intentions of launching crypto tokens. This statement came in response to growing concerns about questionable digital currencies associated with both X and Twitter. Elon Musk’s declaration follows a post by … Read more In a recent development, Elon Musk, the high-profile entrepreneur and CEO, has clarified that his social media platform X (formerly known as Twitter) has no intentions of launching crypto tokens. This statement came in response to growing concerns about questionable digital currencies associated with both X and Twitter. Elon Musk’s declaration follows a post by DogeDesigner, a prominent figure in the crypto community, cautioning against potential scams linked to tokens like X (X) and TwitterDAO (TWITTER) that falsely claim affiliations with the social media giant. Elon Musk denies token launch reports DogeDesigner emphasized that neither…

    Article 2023年8月6日
  • Azuki enthusiasts vs. founder – will $39M worth of ETH be recovered?

    TL;DR Breakdown A newly formed decentralized autonomous organization (DAO) comprised of Azuki enthusiasts has put forth a proposal to reclaim 20,000 Ether from Zagabond, the founder of the renowned NFT brand Azuki.  The recovered funds would then be allocated back to the DAO to support the growth of the broader platforms community. Some holders claim to have no prior knowledge of AzukiDAO and suspect it may be either fake or driven by malicious intentions. Description A newly formed decentralized autonomous organization (DAO) comprised of Azuki enthusiasts has put forth a proposal to reclaim 20,000 Ether from Zagabond, the founder of the renowned NFT brand Azuki. The proposal, initiated on July 2, aims to hire a lawyer and take legal action against Zagabond, also known as Alex Xu, for allegedly engaging … Read more A newly formed decentralized autonomous organization (DAO) comprised of Azuki enthusiasts has put forth a proposal to reclaim 20,000 Ether from Zagabond, the founder of the renowned NFT brand Azuki. The proposal, initiated on July 2, aims to hire a lawyer and take legal action against Zagabond,…

    Article 2023年7月5日
  • Elizabeth Warren Reintroduces Crypto Bill, Gains Support from Banking Policy Group

    TL;DR Breakdown Massachusetts Senator Elizabeth Warren has reintroduced a bill aimed at cracking down on the use of cryptocurrencies in illicit activities, gaining support from the Bank Policy Institute (BPI), a trade group representing major banks. The bill is also backed by West Virginia Democratic Senator Joe Manchin and Republican Senators Roger Mashall of Kansas and Lindsey Graham of South Carolina. The proposed legislation seeks to expand the existing anti-money laundering and Bank Secrecy Act framework to account for digital assets, including digital asset wallet providers, miners, and validators. The bill would also mandate the Financial Crimes Enforcement Network (FinCEN) to require operators of cryptocurrency ATMs to regularly submit and update the physical addresses of their kiosks. If passed, the bill could significantly reshape the regulatory landscape for cryptocurrencies in the U.S., potentially impacting various participants in the crypto market. Description In an unexpected alliance, Massachusetts Senator Elizabeth Warren and the Bank Policy Institute (BPI) have found common ground on the issue of cryptocurrency regulation. The BPI, a trade group representing banking giants such as Bank of America and Citibank,…

    Article 2023年7月30日
TOP