Byre-structuring the internet’s architecture, we are now entering a new era of internet utilization. Users will soon be able to own their data thanks to Web3.0 infrastructure protocols such as Ether Domain Name Service (EDNS) and many more. The point of this article is to introduce decentralized Domain Name System (DNS) protocols — the gateway to Web3.0.
Importance of the decentralized domain
The only difference between a conventional domain and a decentralized domain is that a blockchain underpins a decentralized domain. Decentralized domains also have three additional distinct characteristics, including:
· Websites that can withstand censorship. With a decentralized domain, you can’t be forced to remove your website. You are the only one who has power over it, as you are its exclusive owner.
· If you have a domain name, you may use it as a website and process payments.
Why the decentralized storage is necessary to the domain?
Decentralized storage reduces the need for huge data centers to store user files and essential data. But certain NFT holders’ digital assets are still centralized. This may not be a good idea as it might be hacked. They may even lose access due to centralized management. This is where decentralized storage comes in. There are several decentralized domain providers on the market, and but most of them are not able to provide in-built decentralized storage. What sets EDNS apart is its ability to handle a wide range of unique features, such as built-in decentralized storage, crypto and NFT support, web hosting, and web development, among others. The following are some of the benefits of storing your digital assets and website data in decentralized storage:
Content may be preserved online
According to advocates of decentralized storage, the existing method of organizing material on the Internet is highly ineffective. Hyperlinks point us in the direction of a specific location. Decentralized naming protocols like EDNS, on the other hand, provide files with a unique fingerprint depending on their content. A routing algorithm simply looks for a copy of a file on the network if you require it.
There isn’t a single weak link
When a centralized server goes down, all of the data on it is lost. On the other hand, decentralization allows a file to be divided up into smaller chunks and distributed among several nodes. When one of them goes down, there’s always a backup.
Zero censorship
Cybercriminals may find it more challenging to remove online content if it is kept on decentralized storage. With this, nations throughout the world cannot ban news websites and internet portals like Wikipedia, which might make it more difficult for them to keep their population from accessing information.
Seamless web experiences
Cloud storage services can use a lot of bandwidth and have high storage prices when there is a lot of web traffic. In theory, having access to numerous copies of a file stored in a decentralized location means that data may be downloaded more quickly. People in places where internet service is unstable may find this particularly beneficial.
When to use decentralized domains
Here are a few other reasons why you should use a decentralized domain:
· Ease of sending cryptocurrency.
· Developing decentralized websites
· Confirming your identity by linking your domain to your social network accounts
Value of decentralized domain
From a few bucks up to six or seven figures, the value of a domain name can vary greatly. As the real estate market on the Internet, those who can see an excellent opportunity can acquire a domain that will be valuable to the correct buyer in the long run.
EDNS: a decentralized naming protocol
An all-in-one solution for Web3.0 demands, EDNS is a flexible decentralized naming protocol that supports most crypto wallets, applications, and browsers. ·Through EDNS, the process of receiving cryptocurrencies is simplified when decentralized addresses are replaced with readable names.
When you use EDNS, you may experience the classic Web2.0 sites that you’ve come to know and love with a dose of Web 3.0. With its foundation on Ethereum, EDNS has the added benefit of the network’s high level of security.
Final words
A growing realization of Web3.0’s ability to radically transform Web2.0 occurs. The crypto-natives have taken to the naming protocols. They’ll continue to increase as more people expect ease of use in dealing with the ever-increasing number of decentralized networks. In short, decentralized naming protocols are the cornerstone to secure identification and the precursor to Web3.0.