Life is going on in its routine. But we, the young generation with a creative brain are searching for all kinds of news from our handheld device like a mobile phone or Personal computer. But do you ever think of a decentralised internet system to make you free from monopolistic control over a domain name? You can do it by joining EXIP DNS, yes! It is prodigy lots of people like you complete control of DNS. for further information you have to read this article with more curiosity.
First, take a closer look at EXIP and its working styles. Then you will have other features of it.
EXIP at a glance
EXIP is designed to decentralise the internet and overcome monopolistic control over domain names and Top-level domains. A Blockchain DNS solution where an agnostic NFTs prefered 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. Before proceeding you have to know about Monopolistic control over Domain names.
Do you know what is Monopolistic Control?
A monopoly refers to when a company and its product offerings dominate one sector or industry. Monopolies can be considered an extreme result of free-market capitalism and are often used to describe an entity that has total or near-total control of a market. In this way, Domain can be accumulated in a circle. So, EXIP is here for creating and spreading the idea of decentralising the Top-level domain. And you will get benefited by knowing how its ecosystem is designed to help its investors in this regard.
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. 2.1 Million EXIP tokens will be minted on Binance Smart Chain (BSC) and listed on exchanges. Simultaneously, 2.1 Million EXIP tokens will be minted on Ethereum and Stellar blockchains.
How does Traditional DNS System Work?
The process of DNS resolution involves converting a hostname (such as www.example.com) into a computer-friendly IP address (such as 192.168.1.1). An IP address is given to each device on the Internet, and that address is necessary to find the appropriate Internet device - like a street address is used to find a particular home. When a user wants to load a webpage, a translation must occur between what a user types into their web browser (example.com) and the machine-friendly address necessary to locate the example.com webpage.
In order to understand the process behind the DNS resolution, it’s important to learn about the different hardware components a DNS query must pass between. For the web browser, the DNS lookup occurs “ behind the scenes” and requires no interaction from the user’s computer apart from the initial request.
How does EXIP Token work?
If the community decides to censor a domain or TLD (Top Level Domain), they can do so by acquiring over 51% of the EXIP community vote. Users who own EXIP tokens are eligible for the voting and each token holds one vote. Unlike the traditional DNS system where a single organization decides and shut down an entire TLD within minutes, in EXIP whatever the case, the community decides which domain or TLD has to be on the internet and which ones are to be blocked whatsoever.
Token Details of EXIP Token
For the first time in the internet community – be a part of witnessing the revolutionary blockchain DNS project coming live. Stay tuned for our massive Token offering to secure your tokens. We are planning to release 100,000 EXIP Tokens via Finexbox Exchange launchpad at our Initial Offering. EXIP TOKEN is the futuristic key to trade EXIP Domains and Top Level Domains. Be the privileged owner of EXIP TOKENS and enjoy a return on every Domains/TLDs purchase, trade and auctions
As you have already seen, Unlike the traditional DNS system users in EXIP can own a TLD (Top Level Domain) which is one of the key characters. Users who own the TLDs can create domains under them and sell or auction them. Users who own the domains own the subdomains as well. Likewise, TLDs also can be sold or auctioned on the EXIP website. Each domain can have multiple children and a parent except the root domain. One domain can have unlimited subdomains where each of them can have its own set of subdomains. So, you can take part in this majesty and make your life easier and free from traditional DNS.
Website: https://exip.live/
Whitepaper: https://exip.live/white-paper/
Telegram: https://t.me/exipofficial
Twitter: https://twitter.com/ExipOfficial
Facebook: https://www.facebook.com/exipproject
Medium: https://exip.medium.com/
Linkedin: https://www.linkedin.com/company/exiptoken/
Bitcointalk Name: Coinages
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2306609;sa=summary
Telegram: @kaisheralison
Bsc Wallet : 0xe563BEc5178875C48b4c3cb20ECBc50006D909Dd