Users of MyEtherWallet, a wallet app for Ethereum, will soon be able to purchase a .crypto domain from the wallet interface. Unstoppable Domains , a company hoping to unveil the decentralized domain type, partnered with the wallet provider.
Announced on April 23, the integration with MyEtherWallet would allow the domain provider to access the wallet's one million monthly active users . Unstoppable Domains refers to the wallet company as domain registrar, which are normally companies responsible for reselling domains.
Unlike traditional domain registration, domain custody is tied to a specific wallet and is not controlled by any centralized entity.
The .crypto domain is based on Unstoppable Domains smart contracts in Ethereum , which are in charge of assigning domains and searching for 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 .
Build an uncensorable network
The company is also pushing the .crypto domain as an uncensorable alternative to existing web addresses.
Since it falls outside the traditional domain name infrastructure, normal browsers cannot open .crypto websites . As Cointelegraph reported in March, Opera browser partnered with Unstoppable Domains to accept blockchain-based domains.
However, Opera only has 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 itself not censurable, but they do help users bypass restrictions when publishing content.
It should be noted that many of the milder censorship systems are implemented only on DNS servers, and can be circumvented by tools like Google DNS . The .crypto domain could thus help in these scenarios.
Crypto wallets will act as resellers
Unstoppable Domains co-founder Brad Kam told Cointelegraph that MyEtherWallet is just the beginning:
“Cryptocurrency wallets are the best places for users to discover blockchain domains. We would love to speak to other wallets that may be interested.”
Since wallets also contain domains, it makes sense that they offer purchasing services, similar to how most of them provide tools for buying cryptocurrencies. Kam concluded:
“This integration shows that wallets are becoming much more than places to store cryptocurrencies, they are becoming portals to access blockchain products and services.”
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