Author

Topic: Tezos plans to introduce the same domain as Ethereum (Read 393 times)

hero member
Activity: 1876
Merit: 512
This is one thing about Crypto, you can easily copy and features in other projects to yours. what is differentiating projects in this space is the size of each community. I still believe in the smart contract space it would be winner takes all, EOS seems to be out of the equation now but I see Tezos giving Ethereum a fight for their money
member
Activity: 1078
Merit: 21
COMBONetworkio
Tezoz does have better potential than Ethereum right now, if I would choose Tezoz,
because Tezoz also has a staking feature and that's the trend now.
hero member
Activity: 1361
Merit: 506
This looks good, every step that makes crypto friendlier is important because newcomers have to learn lot before they buy cryptocurrencies. We need to provide smart solutions that make crypto easier.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
I still do not understand the benefit of Blockchain based domains except that it is cannot be deleted or replace. These domains are not recognised by most search engine and hence, have no commercial or business benefits. Even Blockchain based companies are either having .com or.io domain then why bother about them.

The only benefit in my opinion is having a project hosted for testing or for Resume and documents.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
I've seen this kind of domain and that's with the .zil. AFAIK, that's from Zilliqa domains.

How do you think about development of Tezos ?
It's going to add some traction for Tezos although even without this, they're already known and good.
sr. member
Activity: 569
Merit: 250
that looks interesting to hear that but afaik the result of ENS was not so good like what have already expected by ethereum core developers.

It's a good thing to see tezos will be following it but isn't it much better if tezos can bring a better feature than it? I'm wanna trying to see the implementation of tezos domain.
newbie
Activity: 145
Merit: 0
Inspired by Ethereum, Tezos can soon support domain names and addresses that humans can read thanks to a new proposal from the blockchain community.

How does Tezos domain work?
Tezos Domains project leader Miroslav Bodeček posted an introductory article this week explaining the project's goals. As Tezos Domains noted, standard blockchain addresses are an "obstacle to adopting XTZ as an actual currency" because they are not easy to read, memorize or communicate. The blockchain name service solves this problem by attaching a human-readable wallet address to a standard address.

For example, a user could replace an address like tz1VSU ... jcjb with an address like Alice.tez after the Tezos domain name was introduced. The simpler name makes it much easier for users to send and receive XTZ tokens. Developers can also attach domain names to their smart contracts, making it easy for DApps to discover and interact with them.
Some other details

Bodeček noted that this proposal is still an initial draft. Therefore, there is no guarantee that this feature will come with XTZ, and if it does, it may change significantly during this time.

However, a number of plans have been put in place: the project plans to sell the domain name through an "open auction," in which the tender is open and each bid must be larger than the last. Expired domain names will then be sold on a first come, first served basis.

The team also plans to prevent phishing attacks: The name Tezos initially supported a limited character set that would exclude characters that look alike. Extended Unicode support may come at a later time. In the immediate future, the team will begin implementing smart contracts to coordinate services, lightweight indexers and browser applications that allow name lookups.

Other blockchain domain services
Some other blockchains also have their own domain service. Notably another one has been built for Namecoin, Zilliqa and NEO. Ethereum also supports other name services, such as Unstoppable Domains.

While blockchain domains are challenging to make, they are an important step when it comes to being easy to use, on par with email addresses or website domains in general.

How do you think about development of Tezos ?
Jump to: