Yuveer
Established Member
- Impact
- 18
I've been seeing a lot about blockchain domains from the likes of Unstoppable Domains.
It's a very interesting idea where the user can utilise their domain as a sort of wallet forwarding address. Domains purchased are a one-off fee and require no renewals.
From what I gather the process works something like this:
What does everyone make of the new market and do they think it will take off?
It's a very interesting idea where the user can utilise their domain as a sort of wallet forwarding address. Domains purchased are a one-off fee and require no renewals.
From what I gather the process works something like this:
- User purchases a "blockchain domain" such as johnsmith.crypto
- The user can then link their wallet address for various cryptos to their domain
- Now, whenever someone wants to send them ETH, BTC or most other cryptos, instead of typing their long string of characters that make up their wallet address, they can send it to johnsmith.crypto
- The funds then get forwarded to the address the user linked with their domain
What does everyone make of the new market and do they think it will take off?