Hello everybody, welcome to enjoy my article. I am telling you a wonderful concept of Blockchain and DNS system in a smooth way. It will a very informative as well as happily-read content that will not bore you anymore. I can assure you you will have all kinds of data regarding DNS and EXIP Token from this writing. Before that let me ask you a question. Did you know anything about DNS? let me clear it first.
The Domain Name System, or DNS, is a service at the heart of how the Internet works. It is essential to numerous benefits, including websites, mail servers, VoIP telephony, and many more. For more than 30 years, several extensions and features have been introduced to the DNS, resulting in increased infrastructure complexity.
Blockchain technology can be a significant upgrade for DNS, delivering several benefits and new functionality.
Some applications suggest new top-level domains (TLDs), such as. bit,.zil,.crypto,.eth, and so on. This is especially true for Namecoin and UnstoppableDomains. These technologies are fully separate from regular DNS and ICANN.
Users control their registration, and name resolution is often handled via a browser extension. For example, the resolution of these domain names has recently been directly incorporated into the Opera browser.
What Is EXIP?
The EXIP ecosystem is a unique system. want to why? It is customizable to the demands of any person, business, or public entity. Beside that, the EXIP token is governance token that will be released initially on the Binance chain. EXIP tokens can also be used to buy, sell, and auction domains and top-level domains, while token holders will get staked when domains and TLDs are acquired and auctioned.
Furthermore, The EXIP browser and extension will give users access to blockchain-based DNS technology where everything is done with a zero-knowledge policy. Nobody will own the Internet but the community. Meanwhile, providing the security of an intranet and internet connections. Only then will we be able to create a genuinely free and open internet.
Understanding The EXIP Ecosystem
The EXIP ecosystem is tailored to the demands of any person, private or public entity. EXIP token is a use and governance token that will be released initially on the Binance chain. On Binance Smart Chain (BSC), 2.1 million EXIP coins will be produced and offered on exchanges.
At the same time, 2.1 million EXIP coins will be issued on the Ethereum and Stellar blockchains. When a user wishes to convert their Tokens, they may go to the EXIP pool wallet, authenticate their ownership, convert the tokens, and then transfer the new tokens to their wallets. The tokens that were swapped will, after that, be inactive in the pool account. On the market, all circulating tokens, regardless of chain, will be valued equally.
In addition, community voting can be used to create additional tokens on a separate blockchain. EXIP tokens will be used to purchase, sell, and auction domains and top-level domains, with token holders receiving stakes when domains and TLDs are acquired and auctioned. These newly produced tokens will be kept in the pool wallet until the EXIP token sales reach 1.1+M (50 per cent), at which point the Ethereum-based EXIP Tokens will be placed on the market.
Some Features Of EXIP
EXIP Browser & Browser Extension
Users will access blockchain-based DNS technology through the EXIP browser and extension, where everything is done with a zero-knowledge policy. Domains built using DNS may be visited using a browser extension, a specialized browser, or a decentralized DNS server.
The browser plugin allows users to explore decentralized EXIP domains. Users can install the wings on their existing browsers. Users must install the EXIP browser or add the EXIP browser extension to their current browser to visit decentralized domains. There will also be a bridge to support conventional domains.
Decentralized Hosting From EXIP
Users who own a domain may also host their decentralized static web pages via IPFS with a few mouse clicks via the DNS reservation system.
EXIP Token
EXIP token is a use and governance token that will be released initially on the Binance chain. EXIP tokens will be used to purchase, sell, and auction domains and top-level domains, with token holders receiving stakes when domains and TLDs are acquired and auctioned.
Working Procedure Of EXIP DNS System
The EXIP DNS system allows ordinary users to purchase, reserve, sell, auction, and transfer domains and top-level domains identifiable by NFTs produced by users across different blockchains. The community can also host their DNS servers as nodes, which can resolve decentralized domain names either locally or in the cloud and function similarly to a standard DNS server.
When a user puts a domain name into the search bar, it will check it up in the EXIP Token system, and if it is not discovered, it will look it up in the standard DNS server.
Roadmap
As you know, the EXIP is an outstanding project . In this Project, there is a possessor of a domain that stores his crypto signatures on a public blockchain in decentralized DNS. This enables any Web browser, Smartphone App, or IoT device to search for the relevant blockchain record and locate the proper signature.
The unique technique allows the domain owner to administer his domains independently and eliminates the need to contact a central agency to get a certificate. Moreover, it federates and entirely decentralizes DNS request serving since each blockchain server may now provide DNS data. If you want such facilities, join EXIP now.
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: CanyonsBull
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2306508;sa=summary
Telegram: @cherecraviro
Bsc Wallet : 0xe913A91AeB812E080c4750cf06d55B0792F85FE8
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