Why should you register Web3 domains?
Blockchain and Web3 technology represents the next chapter of the digital revolution, offering you unprecedented opportunities, but also presenting unique challenges. These are the reasons why you should register your brand name on Web3 domains:
Brand protection in a new environment
Web3 and blockchain are transforming the way we interact online. The domains associated with these technologies are a natural extension of the brands and can be used for services, decentralized applications and smart contracts. By registering these domains, you can protect your identity in this new digital environment.
Cybersquatting prevention
With the appearance of blockchain domains, what is called cybersquatting 3.0 emerges. As in the past with traditional domains, cybersquatters are actively acquiring blockchain domain names that contain well-known brands. By registering these domains, you can prevent unauthorized third parties from taking over your identity on Web3.
New business opportunities
Blockchain domains can also be used as verifiable digital assets in the form of non-fungible tokens (NFT). These NFTs can offer unique, authenticated ownership on the blockchain, opening up new business opportunities for your brand. For example, you could sell or trade these NFTs as part of your marketing strategy or even as a way to reward your followers.
Early exploration
Registering domain names related to Web3 and blockchain allows you to stay at the forefront of emerging technology trends, offering you the opportunity to experiment with new applications and services before they become widely adopted.
Why Entorno Digital?
At Entorno Digital, we have been at the forefront of offering robust solutions for the protection of brand identity in the digital environment. With the advent of blockchain and Web3 technologies, the digital space is evolving, and so are we. We are pleased to introduce our new Web3 domain offering, a natural extension of our existing services designed to secure and strengthen your brand's online presence in this new digital horizon.
Comprehensive web3 domain management and brand protection service in the blockchain environment
Our approach is two-fold: on the one hand, we provide a safe haven for those who wish to protect their brands in the Web3 environment, ensuring that their digital identity remains intact and protected from any threat. On the other hand, we offer expert support for those who wish to venture and invest in innovative projects in the blockchain ecosystem, providing the technical and strategic support necessary to confidently navigate this new environment.
With Entorno Digital, you get not only a trusted domain registrar, but also a strategic ally that deeply understands the dynamics of the sector and is committed to facilitating your transition. Our long history and the knowledge accumulated over the years allow us to offer tailored solutions that satisfy both brand protection needs and investment aspirations in cutting-edge projects in the Web3 environment.
What are Web3 domains used for?
Web3 domains are a revolutionary innovation that is based on blockchain technology to provide a new way to interact and transact in the digital environment. Here we present some of the main uses and applications of Web3 domains:
Verifiable Digital Identity
Web3 domains provide a unique and verifiable digital identity on the blockchain, which is crucial for establishing ownership and authenticity in the digital space.
Decentralized Application Development
Web3 domains make it easier to develop and operate decentralized applications (dApps) by providing a human-readable address for users to access your services.
Smart Contracts
Web3 domains can interact with smart contracts, facilitating secure and automated transactions on the blockchain.
Digital Assets and Non-Fungible Tokens (NFTs)
Web3 domains can be used as digital assets, and can even be tokenized as NFTs, offering new monetization and trading opportunities.
Crypto Wallet Addresses
Web3 domains can simplify crypto wallet addresses, replacing long, complex alphanumeric character strings with easy-to-remember domain names.
Interoperability and Communication between Platforms
In the web3 ecosystem, where there are a variety of blockchains, tokens, protocols and decentralized applications, interoperability is essential, facilitating integration and collaboration between different platforms in the decentralized environment.
Brand protection in the Web3 environment
In the Web3 environment, a domain protects the identity of your brand. If someone registers a Web3 domain under your brand name and uses it fraudulently, it can damage your reputation and confuse your customers. By registering your brand as a Web3 domain with Entorno Digital, prevent.
- What are WEB3 domains?
Web3 domains are domain names that are registered on a blockchain network, such as Ethereum. They can be used to send and receive cryptocurrency payments, access dApps and interact with smart contracts. Traditional blockchain network addresses are long and complex strings of characters and these domains make it easier
A blockchain domain name can be used in a variety of ways within the wider web ecosystem3.
Instead of remembering a complex address with the WEB3 domain users can send and receive cryptocurrency payments more easily.
It provides user-friendly access to dApps with a readable username.
Can be used to create and host websites on web3.
Web3 domains offer a number of advantages in blockchain networks, including:
- Decentralisation: Web3 domains are registered and managed in a decentralised blockchain network, meaning there is no single entity controlling them. This makes them more secure and resistant to censorship.
- Ownership: Owners of web3 domains have full control over their domains. They can transfer, sell or rent them.
- Customisation: Web3 domains can be personalised with unique domain names.
- Does a web3 domain work the same as a conventional internet domain?
No, web3.0 web domains (often associated with decentralised blockchain-based applications) do not work in the same way as conventional internet domains. There are significant differences in how domain names are managed and resolved in these two contexts. Here are some key differences:
- Centralisation vs. Decentralisation: Conventional web domains (such as those using HTTP and HTTPS) rely on centralised domain name registries and registration authorities that maintain a central database. In contrast, in Web 3.0, domains are managed in a decentralised way using blockchain registration technologies. This means that there is no central entity controlling web3 domains.
- Resolution system: On the conventional web, the domain name resolution system (DNS) is used to translate domain names into IP addresses, allowing users to access websites. In web 3.0, domain names are resolved through smart contracts on the blockchain.
- Control and ownership: On the conventional web, domain names are owned and paid for by the person or entity that registers them. In Web 3.0, domain names can be associated with cryptocurrency addresses and managed by the owner of that address.
- Interoperability: Conventional web domains are largely interoperable on the World Wide Web. Web3 domains, on the other hand, may be associated with specific applications or platforms that use particular blockchain technologies, which may limit their interoperability with other systems.
- Extensions and format: Conventional web domains use domain extensions such as .com, .org, .net, etc. In web3, domain names can vary in format and extension and are not universal for all blockchain networks.
Web3 domains operate differently due to their decentralised basis and their use of blockchain. They do not follow the same rules and systems as conventional DNS-based domains. This means they operate and are managed differently and are designed to support the vision of a decentralised and autonomous web.
- What happens to the domain if the blockchain network is shut down?
If the blockchain network is shut down, the web3 domains associated with that network will cease to exist. This is because web3 domains are stored on the blockchain, and if the blockchain is shut down, the data stored on it will be lost.
In the case of web3 domains registered on a decentralised blockchain network the domain owner will not be able to recover their domain. This is because the data stored in the blockchain is public and cannot be deleted.
- How many blockchain networks are there?
It is difficult to say with certainty how many blockchain networks there are in the world, as there are many small and new networks that are constantly being created. However, according to a Statista estimate, by the end of 2022 there were more than 10,000 active blockchain networks worldwide.
Blockchain networks can be classified into three main categories:
- Public networks: These are networks that are open to anyone who wants to participate. The most popular public networks are Bitcoin, Ethereum, Solana...
- Private networks: These are networks that are controlled by an entity or group of entities. Private networks are often used by companies and organisations to store confidential data.
- Hybrid networks: These are networks that combine elements of public and private networks. Hybrid networks are often used for applications that require a balance between decentralisation and security.
Some of the most popular blockchain networks are:
- Bitcoin: The first and most popular blockchain network. Bitcoin is used as a digital currency for financial transactions.
- Ethereum: It is a blockchain network that allows the creation of smart contracts and decentralised applications (dApps).
- Solana: It is a high-speed and scalable blockchain network. Solana is used for a variety of applications, including decentralised finance (DeFi) and gaming.
- Cardano: A third-generation blockchain network that focuses on scalability, security and sustainability.
- Polkadot: A blockchain network of parachains that enables interoperability between different blockchain networks.
- Can the same domain extensions exist in different blockchain networks?
Yes, in theory it is possible for the same domain extensions to exist on different blockchain networks, but the way these extensions are implemented and managed can vary from network to network. Domain extensions on a blockchain are known as "blockchain domain names" or "decentralised domain names". Here are some important considerations:
- Blockchain-specific domain names: each blockchain can have its own specific domain name system. For example, Ethereum has the Ethereum Domain Name System (ENS), and Handshake is a blockchain dedicated to managing decentralised domain names.
- Interoperability: Interoperability between different blockchains is a challenge, and it is not necessarily easy to transfer domain names from one blockchain to another. However, some projects and protocols are working on solutions to enable the transfer of domain names between different blockchains.
- Which cryptocurrencies and networks are supported with .x .crypto .nft .wallet .polygon .dao .888 .zil .go .blockchain .bitcoin domains ?
These domains support more than 200 main-chain coins and thousands of multi-chain tokens. Supported tokens include networks such as Ethereum Classic and ERC20, Binance Chain (BEP2 and BEP20), Polygon and Solana among others.
- Are there more WEB3 domains in addition to the ones we sell on our website?
Yes, there are more domains that we will be adding in the future.
- Can .eth domains be used in blockchain networks other than Ethereum?
No, the web3 .eth domains can only be used in the Ethereum network. This is because the .eth domain extension is specific to the Ethereum network.
However, there are other web3 domains that can be used on different blockchain networks. For example, Unstoppable Domains offers a variety of domain extensions that can be used on the Ethereum, Solana, Polygon, Bitcoin and other networks.
Unstoppable Domains' web3 domains are NFT, meaning they are stored on a decentralised blockchain.
- What is the most widely used blockchain network today?
The most widely used blockchain network is Ethereum. Ethereum is a blockchain network that enables the creation of smart contracts and decentralised applications (dApps).
Ethereum is the most widely used blockchain network for the following reasons:
- It is the most popular blockchain network for dApps. Ethereum hosts a large number of dApps, including decentralised financial applications (DeFi), games, and entertainment applications.
- It is the most widely used blockchain network for NFT. Ethereum is the native blockchain network for non-fungible tokens (NFT), which are unique digital assets that are stored on a blockchain.
- It has a large community of developers. Ethereum has a large community of developers working on creating new applications and services for the network.
Other popular blockchain networks are:
- Bitcoin: The first and most popular blockchain network. Bitcoin is used as a digital currency for financial transactions.
- Solana: A high-speed and scalable blockchain network. Solana is used for a variety of applications, including decentralised finance (DeFi) and gaming.
- Cardano: A third-generation blockchain network that focuses on scalability, security and sustainability.
- Polkadot: A blockchain network of parachains that enables interoperability between different blockchain networks.
- What is an NFT and what is it for?
An NFT, or non-fungible token, is a unique digital asset that is stored on a blockchain. NFTs can be used to represent a variety of assets, including art, music, collectibles and more.
NFTs are unique because they cannot be exchanged with each other. Each NFT has its own unique identifier, making it impossible to duplicate. This makes NFTs ideal for representing assets that must be unique, such as original artwork or rare collectibles.
NFTs can be used for a variety of purposes:
- Representing unique digital assets: NFTs can be used to represent unique digital assets, such as works of art, music, collectibles and more. This allows users to buy and sell digital assets securely and transparently.
- Create digital collectibles: NFTs can be used to create digital collectibles, such as baseball cards, football cards and other collectibles. This allows users to collect and exchange digital assets in a secure and transparent manner.
- Implement digital property rights: NFTs can be used to implement digital property rights. This allows NFT owners to control who can access and use their digital assets.
NFTs are a relatively new technology. However, they have the potential to revolutionise the way we buy, sell and store digital assets.
Here are some examples of how NFTs are used:
- Art: NFTs are used to represent digital works of art, such as paintings, sculptures and photographs.
- Music: NFTs are used to represent songs, albums and other digital music formats.
- Video games: NFTs are used to represent elements of games, such as characters, weapons and objects.
- Collectibles: NFTs are used to represent digital collectibles, such as baseball cards, football cards and other collectibles.
- How does a blockchain website work technically?
A blockchain website is a website that is stored and distributed through a blockchain network. This means that there is no central server controlling the website, but it is stored on a decentralised network of computers.
The technical operation of a blockchain website is as follows:
- The website is encoded in a format that can be stored on a blockchain.
- The website is divided into blocks, which are stored in the blockchain.
- Each block contains a hash of the previous block, which ensures that the blocks are connected to each other.
- The blockchain is distributed through a network of computers.
- When a user accesses a website on the blockchain, the browser downloads the website from the computer network. The browser decrypts the website and displays it to the user.
Blockchain websites offer a number of advantages over traditional websites
- Security: Blockchain websites are more secure than traditional websites, as there is no single point of failure.
- Decentralisation: Blockchain websites are decentralised, meaning that there is no single entity that controls them.
However, blockchain websites also have some disadvantages:
- Performance: Blockchain websites can have lower performance than traditional websites, as data must be downloaded from the computer network.
- Complexity: Blockchain websites can be complex to create and maintain.
Examples of blockchain networks:
- IPFS is a distributed file system that allows users to share files in a secure and decentralised way. Websites built on IPFS can be accessed and viewed from any web browser.
- Filecoin is a decentralised cloud storage system that allows users to store data securely and cost-effectively. Websites built on Filecoin can be accessed and viewed from any web browser.
- Arweave is a blockchain file storage platform that allows users to store data permanently. Websites built on Arweave can be accessed and viewed from anywhere in the world.
Talk to one of our consultants
Do you have any questions about how it works or how it could benefit your business? Contact us.