What do you expect for the future of web3 naming services? Let’s get it
Without this system in place, internet users would have to retrieve web resources using IP addresses, which is an extremely complicated process. However, the traditional DNS is highly centralized. Decentralized blockchain domain names make users’ addresses readable to humans and enable them to have complete control and autonomy over their data. Web3 is expected to become the next iteration of the internet and domain names will play an important part in that transition. The Domain Name System (DNS) is a basic pillar of the World Wide Web. Together with the metaverse, cryptocurrencies, NFTs and GameFi, domain names will help accelerate the transition from Web2 to Web3.