In this article, I am going to talk about Exip, it is a protocol that aims to decentralize the internet and eliminate monopolistic control over domain names and top-level domains. It provides a secure crypto service that provides full transparency and Tokenization services. Cryptocurrency is a kind of digital currency that generally just exists electronically. There is absolutely no physical coin if you don't use a service that allows you to cash in cryptocurrency for a physical token. You generally exchange cryptocurrency with somebody online, with your mobile phone or computer, without needing an intermediary such as a bank. People make use of cryptocurrency for quick payments, to avoid transaction charges that regular banking institutions charge, or since it presents some anonymity. Others keep cryptocurrency as an investment, hoping the value goes up. Exip Token offers a wide range of security token offerings products and services.
Limitations of Decentralized Finance
Decentralized Finance (Defi) may be a rapidly growing sector of the blockchain ecosystem and brings tons of advantages to users within the market. However, it also has some limitations, such as Low throughput and a bad user experience (gas, delayed PoW finality), No sovereignty (shared throughput/clogging risk, non-customizable technology stack, governance reliance).In the event that the blockchain that has a DeFi project is flimsy, the undertaking unexpectedly acquires this unsteadiness from the host blockchain. Smart contract weakness is a significant cause of issues for some DeFi projects. In the event that there is the smallest defect in the code of a smart contract, it can prompt loss of assets.
Exip DNS servers
Traditional DNS servers are managed and controlled by a single organization (ICANN), whereas Exip DNS servers are owned and operated by the entire public. Anyone can run their nodes by obtaining the Exip node running software package. Exip tokens will be awarded to users who run nodes. Exip avoids traditional DNS server assaults and hacks in terms of security because a single point of attack on a decentralized server will fail. The community will host DNS servers as nodes, which will work as regular DNS servers and handle decentralized domain names locally or in the cloud. When a user inputs a domain name into the search box, the code first seeks it up in the Exip DNS resolvers, then in the normal DNS server if the request isn't found.
Exip Token
An Exip token is an agnostic use and governance token that will debut on the Binance blockchain first. Token holders will be staked when domains and top-level domains are purchased and auctioned, and Exip tokens will be used to buy, sell, and auction domains. If the community believes a domain or TLD should not exist, token holders have the right to take over or abolish it.
Exip ecosystem
The Exip ecosystem can be tailored to meet the needs of any individual, company, or government agency. The Exip token is a use-and-governance neutral token that will be distributed first on the Binance blockchain. When domains and top-level domains are acquired and auctioned, token holders will be staked, and Exip tokens will be used to buy, sell, and auction domains and top-level domains. Users will be able to utilize the Exip browser and extension to access blockchain-based DNS technologies that adhere to the zero-knowledge concept. The internet will be controlled by the people. Meanwhile, providing intranet security while also providing internet access. Only then will we be able to establish an internet that is really free and open.
The Exip browser and extension
Users will be able to utilize the Exip browser and extension to access blockchain-based DNS technologies that adhere to the zero-knowledge concept. A browser plugin, a dedicated browser, or a decentralized DNS server can all be used to access DNS-created domains. Users can explore decentralized Exip domains using the browser plugin. Users can add the extensions to their current browsers. Users must either install the Exip browser or apply the Exip browser extension to their existing browser to visit decentralized domains. Traditional domains will also be supported by a bridge.
The Exip 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
Features that already launched
January 2020-Initial Concept & Initiated R&D
March 2021-White paper
May 2021-Promotional Token Offering
June 2021-Domain & TLD Reservation System
June 2021-Exip Browser (Extension)
June 2021-ITO/IEO
Exip Token is based on a Blockchain network that combines the greatest features of Ethereum. It can take full advantage of Ethereum's network effects, making it inherently safer, more open, and more powerful. They dream about a world without borders. People and machines connect and trade value internationally and freely in the future without gatekeepers or intermediaries. If you're seeking a trustworthy and innovative platform, consider Exip token and benefit from its services.
Website : https://exip.live/
Medium : https://exip.medium.com/
Twitter : https://twitter.com/ExipOfficial
Facebook : https://www.facebook.com/exipproject
Telegram : https://t.me/exipofficial
Linkedin : https://www.linkedin.com/company/exiptoken
YouTube : https://www.youtube.com/channel/UCpcyID74PrBRaEKFX4QqmFQ
UserName : Crystalcoin24
Profile BTT : https://bitcointalk.org/index.php?action=profile;u=2248351
Wallet : 0x4cA7C268a451574843DB0772114672faCc499192