If you follow Monero carefully, you may have heard the word
OpenAlias, without really understanding what it is.
OpenAlias (
openalias.org) is an open standard for
simpler addresses for any crypto — "Simplifying the World" is its slogan.
As long as you have a domain name (
I recommend Gandi), you can transform these unreadable 35 characters long addresses (or even 96 for Monero) into something much more human-readable, like donate.monero.cc.
Zooko's triangle: squared.
"At its most basic, OpenAlias is a TXT DNS record on a FQDN (fully qualified domain name). By combining this with DNS-related technologies we have created an aliasing standard that is extensible for developers, intuitive and familiar for users, and can interoperate with both centralised and decentralised domain systems."
No risk of disappointments like "chris678". No risk of phishing like "poloniex". No risk of losing your alias because you lost your private key. To own the alias, you just own the domain name and that's all.
Raw address:
46BeWrHpwXmHDpDEUmZBWZfoQpdc6HaERCNmx1pEYL2rAcuwufPN9rXHHtyUA4QVy66qeFQkn6sfK8aHYjA3jk3o1Bv16em
OpenAlias address:
donate.monero.cc
Any domain. Any crypto. Any address. Any time.
Any domain. You can use any domain name, ICANN-sanctionned or not, as long as it follows the DNS naming system. This means OpenAlias works with .bit (Namecoin) too (but not with .onion and .i2p)
Any crypto. Even if OpenAlias is a Monero Core Team creation, it works with other cryptocurrencies as well. In fact, it works with
any crypto. So, yes, you can receive bitcoins, ripples, NXT... with OpenAlias.
Any address. You can use the same address for several cryptos. The alias for the Monero development fund is donate.monero.cc and it has both a Monero and a Bitcoin address. So you don't have to remember one address per crypto. Just one address. Note though that an entry must be created for every crypto, so don't send us dogecoins that way, it won't work :)Also, the reverse is true: you can have several aliases with the same address. For instance, you can send to "david.latapie.name" or "latapie.name", I configured both (here too, this is manual, so if you send to "
www.latapie.name", it won't succeed -
www is deprecated anyway).
Any time. You can change the address whenever you want, it won't break the alias.
OpenAlias is fully implemented in the latest version of simplewallet (0.8.8.6) and on mymonero.com. We are in discussion with Poloniex to have implemented (for outgoing transactions only). For the moment, Monero is the only cryptocurrency to implement OpenAlias.
OpenAlias follows exactly the
Three Pillars of Monero.
Privacy: DNSSEC and DNSCrypt compliant and we provide log-less resolvers (list on the website).
Decentralisation: ready for Namecoin, DIANNA, P2P-DNS and other decentralised DNS.
Scalability: Zooko's triangle and future-proof.
We hope to see many implementations of OpenAlias soon!