Blockchain Domains
domain names minted on the blockchain which allow people to govern their own data, set their Web3 username, take control of their digital worlds, and harness the power of the internet.
- As address: a blockchain domain is an easy-to-remember address for sending and receiving crypto. Instead of having to copy and paste long, complicated crypto addresses like bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4 you can simply type in a blockchain domain like brad.crypto, reducing the stress of sending your crypto to the wrong address.
- As website: create a non-censorable website. This website can be stored in a holder’s wallet (much like any other NFT or cryptocurrencies).
Controller
address of entity who can handle the essentially handles the “day to day operations” of the domain. Can not transfer domain, but can update and renew.
Decentralized
a system that operates without the control of a central figure or authority, and replaces it with a distributed peer-to-peer network.
Gas
a fee paid by a user to conduct a transaction or execute a smart contract on the Ethereum blockchain. This fee is dependent upon the transaction’s complexity as well as the current demand on the network.
Minting
the process of validating information, such as domain ownership, and registering that onto the blockchain.
Protected Domains
domains that are associated with a brand, organization, or notable person. Both Unstoppable and Impervious have reserved domains that are owned as trademarks. Registering these domains requires proof of tm ownership.
Records
this is where you can add the cool stuff to your domain. Put an address here so that when you put your domain name in a wallet, it points to this address. You can also put an IPFS content hash which when going to your domain in a web browser will pull up your website.
Registrant
can set the controller address, and transfer the registration to someone else. This is the ultimate owner.
Resolver
handles resolving (translating) the records put below such as what Ethereum address is tied to this domain. Should be set the public resolver which will be the default option when clicking the Set button.
Staking
the process of delegating your Handshake TLD to the Namebase or Impervious registry on Ethereum. This will enable you to sell centralized or decentralized second level domains on the registry.
Wallet
a software application or hardware device used to store the private keys to blockchain assets and accounts. Unlike a traditional wallet, a blockchain wallet does not actually store the coins or tokens themselves. Instead, they store the private key that proves ownership of a given digital asset.
- Cold Wallet: an offline device used to store cryptocurrencies. Cold wallets can be hardware devices or simply sheets of paper containing a user’s private keys. Because cold wallets are not connected to the internet, they are generally a safer method of storing cryptocurrencies.
- Hot Wallet: a hot wallet is a wallet that is always connected to the internet; they allow you to store, send, and receive tokens. Hot wallets are linked with public and private keys that help facilitate transactions and act as security measures.
Wallet Address
also known as a public key, this is an alphanumeric code that serves as the address for a blockchain wallet, similar to a bank account number. Other users can send digital assets to your wallet via your public key, but only you can access your wallet’s contents by using the corresponding private key.
Web3
the next iteration of the web, which leverages blockchain technology, open-source applications, and the decentralization of data and information. Web3 aims to remove control of the web from monopolistic tech companies, and return ownership of data and content to its users. Also referred to as the “read-write-trust web.”