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Moving the DNS root to blockchain is one of the best use cases for blockchain [1] given the numerous stakeholders (name owners) and type of information required
by rasengan 6y ago
Moving the DNS root to blockchain is one of the best use cases for blockchain [1] given the numerous stakeholders (name owners) and type of information required to be in consensus. This instantly serves to distribute DNS root queries, instantly scaling the root.
[1] https://handshake.org/ https://handshake.org/
- CharlesW 6y agoIf one of the best use cases for blockchain is "data about name owners" and "DNS information", the future of blockchain is bleaker than I'd imagined. Handshake isn't a super-persuasive example to cite, since it's backed by a minor altcoin that's primary use case (according to CoinDesk) is crypto day-trading.[1][2] [1] "Update (May 28, 20:11 UTC): The headline and body of this article have been edited to clarify there were reportedly $10 million worth of HNS trades on Namebase since the token launched, but* only a fraction of those users bought domain names." https://www.coindesk.com/handshake-domains-bring-in-10m-as-race-for-censorship-resistant-websites-heats-up https://www.coindesk.com/handshake-domains-bring-in-10m-as-r... [2] https://davidgerard.co.uk/blockchain/2020/05/31/news-not-craig-wrights-bitcoins-how-tether-flows-goldman-sachs-spurns-bitcoin-calibra-is-now-novi/ https://davidgerard.co.uk/blockchain/2020/05/31/news-not-cra...
- rasengan 6y agoThat article likely didn't review the activity on chain [1]. [1] https://dns.live/ https://dns.live/