GoDomain Unveils Blockchain Based Domain Registration
GoDomain just revealed that the.go domain would be available for registrations. With this latest initiative, the platform will be available to a vast number of cryptocurrency users, allowing them to utilize these domains for anything crypto-related with simplicity and flexibility.
GoDomain, like some of the other blockchain registrars, utilizes Crypto Name Servers (CNS), which are smart contracts that regulate the establishment and usage of blockchain domains. Because each CNS issued by the platform is an ERC-721 token, also referred to as a non-fungible token, programmers may simply integrate blockchain-powered domains into their apps (NFT). This allows users to administer ownership of cryptocurrency domains from wallets, crypto exchanges, and marketplaces that support bitcoin.
Per the business, the inclusion of the.GO domain addition might enhance the current list of domain extensions that are primarily focused on blockchain-native typographies. A . GO Domain is a simple abbreviation for its owners’ “global” aspirations. As the crypto market mania grows, investors are acquiring blockchain domain names, which are created as NFTs in the same way as “.com” domains.
GoDomain facilitates the acquisition of.go domains using XDCPay, a gateway that enables users to use XDC dApps without operating a complete XDC node. To buy a.Go domain, users must download XDCPay in their browser and link their wallets to the XDC mainnet. After the installation is complete, customers may access the GoDomain website to buy domains.
GoDomains does not yet support all popular web browsers. Rather, domains must be identified using XDCPay, a plugin or add-on that may be installed. Nevertheless, as per the company’s future intentions, its domains will be accessible to users in the exact manner as every other domain.
The firm gives a welcome domain registration pricing ranging from 10 USD to 30 USD dependent on the amount of characters in the domain. In answer to a concern regarding whether these domains can run websites, the business replied that because GoDomains is based on Smart Contracts, Interplanetary File System (IPFS) is the sole choice.
GoDomain intends to give customers with top notch security domains that are immune to brute-force assaults, offering a single point of entry to so many services including crypto address transfer and webpage redirection, among others. Furthermore, the blockchain-focused nature of these domains renders them censorship-proof and enables comprehensive DApp access.
Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.