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There's a system called ENS which allows domain names to be registered on the Ethereum blockchain and traded around like NFTs. However, none of the mainstream D
by jsheard 4y ago
There's a system called ENS which allows domain names to be registered on the Ethereum blockchain and traded around like NFTs. However, none of the mainstream DNS resolvers support ENS so users either have to (a) switch to a niche DNS provider which does support it or (b) use a site running on conventional DNS like eth.link to proxy through.
Unsurprisingly the latter option which doesn't require messing around with network settings is quite popular, and so their decentralized domain system ended up centralizing around a conventional domain name owned by a guy who is unable to pay the bill because he's currently in prison for helping North Korea evade sanctions. Now the domain is about to expire and acquiring it is a crypto phishers dream since there are so many organic links to it in the wild.