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Home»Web 3»One domain name to rule them all (email, website, crypto wallet)
Web 3

One domain name to rule them all (email, website, crypto wallet)

2024-02-06No Comments2 Mins Read
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TL; DR

Full story

When we got the ‘web3daily.co‘ domain, we bought it through a ‘Domain name service‘(DNS) provider.

But if we wanted to buy the Ethereum domain ‘web3daily.eth’, we would have a ‘Ethereum name service‘(ENS) provider.

…the problem is – just like our Aunt Suze and Uncle Steve – the two don’t talk to each other.

Our DNS address would allow people to view our website and send us an email, while our ENS address would act as a kind of crypto account name, allowing people to send Ethereum-based tokens to ‘web3daily.eth’.

And this highlights one of Web3‘s biggest problems:

Everything in Web3 is built outside of the existing system (from the ground up).

When Web1 moved to Web2, the change was driven by the ability to interact (e.g. upload photos/videos, leave comments, etc.).

But users didn’t have to do anything to make the leap: the functionality was slowly but seamlessly integrated into Web1 over time.

While in Web3 everything starts from scratch:

Turning email accounts into wallet apps. Domain names change to Ethereum names. Turning dollars into tokens – it’s a mess.

Here’s the good news:

The world’s largest domain service provider, GoDaddy, integrates DNS with ENS.

What does that mean??

It means that if we want to set up a crypto wallet with the DNS ‘send to’ address of web3daily.co — we can soon go to our GoDaddy account, click a button and *beep-bloop-blop* we now have a crypto wallet registered under our Web2-based ‘web3daily.co‘ domain.

See also  Crypto Analyst Identifies 'Point of Control' That Could See a Repeat of 2017

This is a huge step forward for the overall ease of use of Web3 and crypto (!) because it ties into something people are already used to.

We’d love to see it!

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