Subscribe
CryptoWeb.xyz
No Result
View All Result
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
No Result
View All Result
CryptoWeb.xyz
No Result
View All Result

MyEtherWallet to Offer ‘.Crypto’ Blockchain Domains to 1 Million Users

Users of MyEtherWallet, an Ethereum wallet app, will soon be able to buy a .crypto domain from the wallet’s interface. Unstoppable Domains, a company that is hoping to spread awareness of the decentralized domain type, entered a partnership with the wallet provider.

Announced on April 23, the integration with MyEtherWallet would allow the domain provider access the wallet’s 1 million monthly active users. Unstoppable Domains refers to the wallet company as a domain registrar, which are normally companies responsible for reselling domains. 

Unlike with traditional domain registration, custody of the domain is tied to the specific wallet and is not controlled by any centralized entity.

Related articles

SpankPay crypto payment service shutters, citing ‘hostile banking environment

Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to Reasons Why the ETH/BTC Price Might Continue Dropping

The .crypto domain is based on Unstoppable Domains’ smart contracts on Ethereum, which are responsible for assigning the domains and looking up the addresses.

It is separate from the Ethereum Name Service (ENS), which assigns .eth domains, but the functionality is similar. Unstoppable Domains can tie the .crypto domain to an Ethereum wallet, making it possible to send money to human-readable addresses.

Building an uncensorable web

The company is also pushing the .crypto domain as an uncensorable alternative to existing web addresses.

Since it falls outside of the traditional domain name infrastructure, normal browsers cannot open .crypto websites. As reported by Cointelegraph in March, the Opera browser entered into a partnership with Unstoppable Domains to accept blockchain-based domains. 

Opera nevertheless only holds 2.2% of the global market share. For Chrome users, Unstoppable Domains released a browser extension.

The company stresses that blockchain domains are not going to make the web uncensorable by themselves, but they help users bypass restrictions when publishing content.

It is worth noting that many of the milder censorship systems are implemented only on DNS servers, and can be bypassed by tools such as the Google DNS. The .crypto domain could thus help in these scenarios.

Crypto wallets to act as resellers

Co-founder of Unstoppable Domains, Brad Kam, told Cointelegraph that MyEtherWallet is only the beginning:

“Crypto wallets are the best places for crypto users to discover blockchain domains. We’d love to talk to other wallets that may be interested.”

Since wallets also hold the domains, it makes sense that they would offer purchase services, similar to how most of them provide tools for buying crypto. Kam concluded:

“This integration shows that wallets are becoming much more than just places to store crypto – they are becoming portals to access blockchain products and services.”

Share122Tweet76Share31
Previous Post

Dharma Launches Feature for Sending Dai Payments to Twitter Handles

Next Post

LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform

Related Posts

SpankPay crypto payment service shutters, citing ‘hostile banking environment
Blockchain

SpankPay crypto payment service shutters, citing ‘hostile banking environment

Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to Reasons Why the ETH/BTC Price Might Continue Dropping
Bitcoin

Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to Reasons Why the ETH/BTC Price Might Continue Dropping

Price analysis 3/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Altcoin

Price analysis 3/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Arbitrum airdrop hype helps zkSync addresses jump over 5X in a week
Ethereum

Arbitrum airdrop hype helps zkSync addresses jump over 5X in a week

Synthetix nets $20M from Web3 quant trading firm
Ethereum

Synthetix nets $20M from Web3 quant trading firm

These 5 cryptocurrencies may continue to surprise to the upside
Altcoin

These 5 cryptocurrencies may continue to surprise to the upside

ADS SIDE

More News

Bitcoin and Ethereum Price Predictions: Analyzing the Recent 10% Surge in BTC and Its Impact on ETH Today

Bitcoin and Ethereum Price Predictions: Analyzing the Recent 10% Surge in BTC and Its Impact on ETH Today

SpankPay crypto payment service shutters, citing ‘hostile banking environment

SpankPay crypto payment service shutters, citing ‘hostile banking environment

Euler Finance to enter talks with exploiter over the return of funds

Euler Finance to enter talks with exploiter over the return of funds

Bitcoin’s Correlation to US Stocks Hits 20-month Lows – Here’s Why That’s Bullish for BTC

Bitcoin’s Correlation to US Stocks Hits 20-month Lows – Here’s Why That’s Bullish for BTC

Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high

Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high

Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to Reasons Why the ETH/BTC Price Might Continue Dropping

Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to Reasons Why the ETH/BTC Price Might Continue Dropping

Manta Network seeks to bring privacy to nonfungible crypto assets with new NPO platform

Manta Network seeks to bring privacy to nonfungible crypto assets with new NPO platform

Bitcoin Price Prediction As BTC Approaches $30,000 Level – Can BTC Hit a New All-Time High in 2023?

Bitcoin Price Prediction As BTC Approaches $30,000 Level – Can BTC Hit a New All-Time High in 2023?

Hostile Takeover Fears: DefiLlama Co-Founder Exposes Internal Rift over Token Launch – What’s Going On?

Hostile Takeover Fears: DefiLlama Co-Founder Exposes Internal Rift over Token Launch – What’s Going On?

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

  • Advertise with us
  • Contact Us
  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Sitemap

© 2020 Copyright - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin

© 2020 Copyright - All rights reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT