Introduction EXIP Project

in blokchcain •  3 years ago 

EXIP Project - A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT.

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What is EXIP ?
EXIP is designed to decentralize the internet and overcome monopolistic control over domain names and Top-level domains. A Blockchain DNS solution where an agnostic NFTs preferred by you identifies your domain & Top-Level Domain. EXIP DNS is blockchain-based, and the owner of the respective domain & top-level domain has complete control of its usage, even the provisioning of new domain names cum subdomains.

EXIP ecosystem
EXIP ecosystem is custom-built to the needs of any individual, private or government institution. EXIP token is an agnostic usage & governance token releasing initially based on the Binance chain. EXIP tokens will be used to buy, sell, and auction domains & top-level domains, while token holders will get staked when domains & TLDs are purchased & auctioned.EXIP browser & Extension will enable users to access blockchain-based DNS technologies where everything progresses with a zero-knowledge policy. No one will own the internet but the community. Giving the security of an intranet meanwhile and providing the connectivity of the internet. Only then we can build a genuinely free and open internet.

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EXIP Browser & Browser Extension
EXIP browser & Extension will enable users to access blockchain-based DNS technologies where everything progresses with a zero-knowledge policy. Domains created through DNS can be accessed via browser extension, dedicated browser, and the decentralized DNS server. Users can browse decentralized EXIP domains via the browser extension. Users can add the extensions for their current browsers. Users will have to install the EXIP browser or install the EXIP browser extension to the existing browser and access decentralized domains. In Addition, there will be a bridge to support traditional domains.

Decentralised Hosting
Users can also host their decentralized static websites via IPFS with a few button clicks from the DNS reservation system once they own a domain.

EXIP Token
EXIP token is an agnostic usage & governance token releasing initially based on the Binance chain. EXIP tokens will be used to buy, sell, and auction domains & top-level domains, while token holders will get staked when domains & TLDs are purchased & auctioned. Token holders have the voting power to seize or revoke any domain or a TLD if the community decides it should not exist.

EXIP DNS
EXIP DNS system is where ordinary users can buy, reserve, sell, auction, and transfer domains & top-level domains identified through NFT’s minted by users in multiple blockchains. The community can host their DNS servers as nodes which will resolve the decentralized domain names either locally or in the cloud, which will act like the traditional DNS server. Once the user enters a domain name in the search bar, it will look up the name requested in the EXIP system, and if it’s not found, it will look it up in the traditional DNS server.

Decentralised DNS resolvers with EXIP

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Traditional DNS servers are entirely centralized and operated by a single entity (ICANN), while EXIP DNS servers would be held and hosted by the public. Anyone can run their nodes by downloading the EXIP node running software package. Users who run nodes will be incentivized with EXIP tokens. In terms of security, EXIP avoids conventional DNS server attacks and hacks, as a single point of attack on a decentralized server will fail. The community will host DNS servers as nodes, which can address decentralized domain names locally or in the cloud, acting as a standard DNS server. When a user types a domain name into the search bar, the code looks up the requested name in the EXIP DNS resolvers first, then in the standard DNS server if it isn’t identified.

What EXIP aims to provide as security features are of the following:

● DNS Spoofing

● DNS Hijacking

● DNS Flood

● Domain Hijacking

● Censorship resistance etc.

Once the user, either from a web client or mobile client, requests for a website, the EXIP browser or browser extension immediately looks up the Content identifier(CID) for the domain name in the local registry. If available, it will return the CID, and on request from the browser, the web server would return the HTML files, and the browser would render the website. If a CID is not found in the local registry, the browser will request the CID from the DNS server. The server resolves the CID, and in response, the browser would cache the CID in the local registry and request the HTML files from the webserver.

The nodes that run by the community will act as a decentralized ledger with the set of domain names to be resolved

Token Economy
Total tokens issued will be 2,100,000 for any given time. Initially, 2.1Mn EXIP tokens will be minted in BSC (Binance Smart chain) and listed in exchanges. Simultaneously, Ethereum and stellar-based 2.1M EXIP tokens are also minted and locked in the pool wallet. When the EXIP cross 1.1+M(<50%) tokens in the sale, the Ethereum based EXIP Tokens will be listed in the market. When a user wants to convert the Tokens, they can come to the EXIP pool wallet, prove their ownership, and convert the tokens and transfer to their wallets. The rest of the tokens will be sent back to pool accounts. And each chain token price and supply will be the same at any point. Even if the community wants EXIP to create any tokens in any specific blockchain in the future can be achieved by the community voting.

Tokenomics / Exip Token structure

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ROADMAP

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TEAM

Shashi: Founder & CEO

Sahan: Project Liaison

Shermilan: Blockchain Partner

Nisal: Head of Financial

Aven: Head of R & D

Jaje: Blockchain Partner

Tharaka: CISO

Gayan: Head of HR & Administration

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CONCLUSION
The social network is very fresh, on the administration telegram says that information about the token will appear in the near future, the site itself is very rough Yes, you can also find information about this on their website, where the team says it is currently looking for an investment of $ 1 million … Of course, they are working on and working on projects, but it is too early to draw more specific conclusions. I think this company deserves some extra attention and on the tab for further observation and action.

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FOR MORE INFORMATION CLICK LINKS BELLOW:

Website: https://www.exip.live/
Whitepaper: https://bit.ly/3bf8D56
Telegram: https://t.me/exipofficial
Twitter: https://twitter.com/ExipOfficial
Facebook: https://www.facebook.com/exipproject
Medium: https://medium.com/@exip
Linkedin: https://www.linkedin.com/company/exiptoken

Author:
Forum Username: ahabite
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2620198
Telegram Username: @azlow
BSC Wallet address: 0x8B27fEf635a465a80a6325c94692b7fa3bBbe5A2

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