4 upvotes, 1 direct replies (showing 1)
View submission: Unstoppable Domains AMA on r/CryptoCurrency
I think that this AMA can actually be a great way for you to introduce yourself to this crypto community. Can you explain in a few words what a web3 domain is and what it does?
Some might have heard of ENS but not of UD yet (actually you can also buy a .eth address on UD if I’m not mistaken?), can you tell us if there is any difference between UD and ENS other than the much wider selection you offer?
Comment by UnstoppableWeb at 16/10/2024 at 15:51 UTC
2 upvotes, 1 direct replies
Can you explain in a few words what a web3 domain is and what it does?
To answer simply, a web3 domain, also referred to as an onchain domain, is essentially a new type of internet domain name designed to work within the decentralized web framework, often associated with blockchain technology.
To go a little deeper, there a few key functions of an onchain domain include Human-Readable Addresses (e.g., myname.crypto instead of 0x...), building decentralized websites, and improving interoperability.
Some might have heard of ENS but not of UD yet (actually you can also buy a .eth address on UD if I’m not mistaken?), can you tell us if there is any difference between UD and ENS other than the much wider selection you offer?
There are a few more differences between an Unstoppable Domain and ENS.
You are correct you can get a .eth domain through Unstoppable Domains.
One difference is other than our .eth domains, every domain is a 1-time payment with no renewal costs. .eth addresses require renewal payments. We also offer free minting for domains on Polygon and gas-free domain updates.
In addition to your callout about more options, we believe many of our options can work for users across a variety of blockchains (.x, .wallet, .blockchain, etc) and show chain agnosticism. We believe this approach will help us attract not only a wider web3 audience, but also support adoption from web2 users coming to web3.