If you buy it from a registry is it truly a decentralized Bitcoin Domain?
Business Owners, Techies, Crypto, & Blockchain Fan check list: Cool✔ , New ✔, Amazing✔ , the power of Block-Chain to protect your “online”✔✔✔ , Good Names Available✔ for now. (If the hand-reg is to techie, the registries are easy – the no trace hand-reg makes more sense as you dig deeper in block-chain domains + no registry fee)
We have used and like the Alt-Domain registries, in fact the first .bit we purchased was through PeerName. There are several of these specialty registries so do your research and find the one you like best – if you want go that route.
We are talking here about a truly decentralized site, where there is no additional party collecting and storing your data – regardless of how secure they are. Just you and the block chain and your technical expertise. Although there several .bit seems to the most recognized of the block-chain domains, which is why we refer to decentralized bitcoin domains, but we mean to include all.
Decentralized website address is something that integrates and incorporates the use of DNS services that are decentralized or unregulated. Which is not the same as we are all familiar in the ,coms etc.. They, purposefully do not conform to or connect in the “plug and play” we are all use to. This is completely outside the typical internet protocols – to the point that there is no way to shut them down or even determine who owns it, provided it truly decentralized bitcoin domain name.
“Your Own” decentralized blockchain system; loaded on a machine you control
The first benefit of registering for a domain name via decentralized blockchain system is – way more cost-effective, but does require technical skills.
Here are some real advantages of opting for decentralized bitcoin DNS:
- Nobody will invade your privacy, to some this is the most important part. You will never be asked to provide a personal identification number or anything else that can be used to hack your database or be used in a crime. This also goes for regulatory authorities seeking a crackdown on independent online media and things of similar nature.
- With an unregulated bitcoin DNS, no government organization will be able to legally block your website or seize your domain name.
- Unregulated Domain Name Systems help increase competition and give consumer more options. (i.e. no ICANN regs.)
- The money you spend to pay for your DNS will further help support several other developments in promoting decentralized online environments for users and other decentralized services.
Registering your Unregulated Dot Bit Domain Name
One of the most widely used Domain Name Systems available for alts and .bit is Namecoin’s .bit services. Their services are described as optimally decentralized and are protected from various censorship clauses.
So, after you find Namecoin’s .bit services, the first step is to download the software. This is going to take a bit of time because your wallet will also be download the Namecoin Blockchain, linking and synchronizing with the entire network resulting in decentralized bitcoin domain
Once the software is installed, you will see that the tick symbol at the bottom will go green. Click the tab that says Manage Domains. This is going to be on top of the navigation menu. Now that you can manage your domain name and you can register one.
Purchasing .Bit Domains… Decentralized
It is straightforward; to buy .bit domains, you can either opt for them through a registrar, which will require you to pay a premium. Or you can buy one through a Namecoin wallet, which is more cost-effective.
But maybe the true deciding factor is how much privacy plays into to equation?
We look forward to comments, feedback, and corrections (if warranted). Please let us know