Saturday, May 29, 2021

Brave Announces To Extend Support For Cryptocurrency Names

Brave browser discloses its upcoming plans to extend its back up for more domain name providers after Unstoppable Domains and Ethereum Name Service (ENS). Presently, it is assisting the domains of Unstoppable Domains and Ethereum Name Service (ENS). These two domain providers supply .crypto and .eth correspondingly. It will include the new domain providers by incorporating their Top Level Domain (TLD) extensions.

Brave has stated today in an announcement that various crypto Domain Name Service (DNS) providers are to be integrated with the Brave browser. Brave officials mentioned that rather than holding back, it is actively communicating with the Domain Name Service (DNS) suppliers for their assistance through Hypertext Transfer Protocol Service (HTTPS) or Domain Name Service (DNS). 

Brave further spoke about its policy regarding domain name resolution that the blockchain-based DNS resolution will be terminated in normal browsing. Moreover, brave discloses that it will set standard domain names as default if there is any difference between the domain names of Internet Corporation for Assigned Names and Numbers (ICANN) and other crypto DNS providers.

Although Brave has revealed much about its proceedings, yet it remained silent about disclosing the names of the providers. There is a possibility of the DNS providers like Tezos Domains, Zilliga Name Service, Blockstack, Namecoin, Neo Name Service, etc., to be working with Brave. But it is important to note here that there are other browsers like Opera, which assisted the DNS providers.

As a result, 700,000 decentralized domain names and decentralized websites over 30,000 will be accessible for the users. Further, Brave will provide access to web 3.0. Unlike GoDaddy, a conventional centralized domain registrar of America which got hacked in 2020, Brave will provide cryptocurrency wallets to its users by Blockchain technology.

About Crypto Domains

Crypto DNS programs, which are based on Blockchain technology, come up with another route for accessing crypto wallets and decentralized sites. The domains are more secured than the ordinary public domains, which can be easily accessible and prone to reveal records to anyone, as they can only be accessed through the decentralized web. 

The domains are acquired through cryptocurrency, and the information about the possessions of the domain holders is recorded as Non-Fungible Token (NFT) on the blockchain. Non-Fungible Token (NFT) is the other name for the record mentioned on the blockchain, which is formed by complex algorithms and cannot be tempered by anything.

The post Brave Announces To Extend Support For Cryptocurrency Names appeared first on CryptocyNews.com.



from CryptocyNews.com https://www.cryptocynews.com/brave-announces-to-extend-support-for-cryptocurrency-names/
via Bitcoin News
via Bitcoin News Today

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