Today we are living in a world of the digital age where everybody should know about the Domain. Since Google has grown tremendously, it was 1998 when more and more people used to search google and benefitted. In this way, the internet has grown up. And do you know what the major problem with that advancement of the internet was? That created extreme pressure on Domain. By what? To learn how this was completed the problem, you need to know Decentralised DNS Solution. And later, I will discuss another solution brought by EXIP Project about DNS.
Decentralized DNS Solution
Networks with several nodes that support various operating systems offer better protection since it's difficult to hit both nodes simultaneously and paralyzing operations. Decentralized networks provide better security and acts of fairness than the centralized system that does not offer transparent democracy. Decentralization of DNS is a novel idea to improve the security capability of the DNS system.
Unlike traditional solutions, DNS decentralization technology is dedicated to changing the architecture of the DNS system and the domain name resolution process. The DNS is used to associate the Domain with the appropriate IP address. DNS servers distributed throughout the world convert domain names into IP addresses, thereby controlling which server a user can access via a specific domain.
Let's have a look How EXIP can upgrade the entire DNS system.
EXIP is working with a decentralized Domain Name System for providing its users with hassle-free internet by reducing monopolistic engagement over top-level Domain system. It is mainly based on a blockchain DNS Solution, and they preferred NFT to transform the necessary data and identify investors' Domain. They have entire control over the usage of the Top-level domain system.
Even they take care of the new domain names under the subdomains. Significantly, they accumulate the unique features of NFT’s and DNS to bring a breakthrough in the existing internet service. And they are providing the power to the users for identifying specific domains. With any individual, private or government institutions can meet their needs for DNS solutions and earn profits through the tokens they hold.
The unique Ecosystem of the EXIP Project
EXIP is always trying to bring uniqueness to their project by using a different structure. For that reason, they are collating all their features in one place and making an ecosystem by using Blockchain Technology. But EXIP is not just a Blockchain DNS solution but an ecosystem that will benefit all participants. EXIP users can buy, sell, and auction domains & top-level domains using native EXIP tokens. At the same time, EXIP token holders will benefit from buying and auctioning parts.
The Intention of this Ecosystem
EXIP eagerly tends to make an ecosystem that brings together all cryptocurrency users, companies, customers, traders, and merchants under one space through the gradual introduction of unique, additional features, allowing for the broad acceptance of cryptocurrencies. Existing standalone systems are uncomfortable, bulky, and technically demanding for users, according to Mobiglotech. As a result, Mobiglotech has the potential to fill this need by developing the EXIP platform.
EXIP launches its Token
To accomplish their goal, EXIP launches a native token called EXIP token, which operates as an agnostic use and governance token. EXIP released an EXIP token predicated on Binance BEP-20, with a complete of 2,100,000 tokens offered by any given moment. Users who purchase an EXIP token will receive various perks, like the ability to obtain, sell, and auction domains and get incentives for just holding tokens. Users can access EXIP tokens via an upcoming IEO program announced by EXIP. 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.
Users module for EXIP Token
Exip always prefers its users, and they structured a user module for being a user-friendly project. For example, If the community decides to censor a domain or TLD (Top Level Domain), they can acquire 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 shuts down an entire TLD within minutes, in EXIP, whatever the case, the community chooses which Domain or TLD has to be on the internet and which ones are to be blocked whatsoever.
The internet connection worldwide is a vast network that links many people in the world. Still, nowadays, the internet has been seen as centralized and monopolized by mane companies or organizations, most notably in the ownership of domain names and top-level domains. For example, companies like GoDaddy have dominated global domain sales. EXIP exists as a saviour of the problem and brings a platform that will help people around the world by decentralizing the internet and overcoming monopolistic control over domain names and top-level domains. EXIP aims to stop internet centralization and monopoly with various innovative features, such as EXIP Browser & Browser Extension, Decentralized Hosting, EXIP DNS, and EXIP Token. It is said that with the help of EXIP, any person, private, or government institution can be groomed and facilitated.
Website: https://exip.live/
Whitepaper: https://exip.live/white-paper/
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