Recently,
I heard that many people are discussing how BitDNS challenge ethereum is
becoming more possible. After a detailed analyzing of the problem I understood
that this challenge is more than real. Let me explain you how BitDNS can
challenge Etherium.
BitDNS mainly focuses on simplifying
the blockchain domain name resolution
According
information taken from BitDNS media, BitDNS is the core infrastructure of the
distributed Internet. BitDNS aims to solve the domain name resolution problem
of the next generation Internet. In the BitDNS network, users can be absolutely
autonomous and their domain names will be completely decentralized. BitDNS
builds its distributed domain names through infrastructures like BitUID,
wallets, routers, and etc. In addition, BitDNS's wants to connect most
mainstream public chains, mainstream engineering technologies such as: IPFS
technology, Etherum, EOS, Fabric, R3, IPv8 technology and form the super hub of
the next-generation distributed Internet-DWeb4.0 technology.
Ethereum
launched ENS a few years ago. The full name of ENS is "Ethereum Domain
Name Service". It is a scalable, distributed and open naming system based
on the Etherium’s blockchain. However, although ENS is backed by Ethereum, it
still limits its application fields. Compared with BitDNS's cross-chain design,
ENS has a very narrow application field. BitDNS is more practical than
Ethereum's ENS.
Unlike from traditional domain name
resolution systems, BitDNS features are more precise
The
white paper released by BitDNS can display all basic domain name resolution
functions. BitDNS, is a distributed domain name resolution system, which
connects the underlying mainstream value of the network and the upper layer of
the traditional Internet, thereby technology can help the traditional Internet
to achieve complete "decentralization".
ENS is
indeed very well-known, but the functions they support are indeed very limited.
They only serve users on Ethereum, which can’t fulfill the current large-scale
blockchain needs. Many people may ask that the current implementation of many
blockchain functions is mainly based on Ethereum, so the domain name resolution
system based on Ethereum is understandable and can achieve the fastest
benefits. However, in the long distance, the development of blockchain will
usher in a broader market.
So let’s see what does DNS aims to do?
BitDNS
will build a super hub which will connect the Internet data and the value of
blockchain. BitDNS is a domain name resolution system; it may realize one-click
decentralization in the future, allowing users to enter the blockchain world
from the traditional Internet with one click.
There
are also many practitioners who have suggested that BitDNS is carrying out a
connection function under the banner of a blockchain domain name resolution
system. BitDNS will implement a decentralized cloud computing platform. The
platform services will include: elastic computing, edge computing, Internet of
Things, distributed AI computing, distributed application components. Platform application
scenarios include: websites, APP servers, forums, blogs, chat tools, cloud
computers, cloud live broadcasts, cloud games, e-commerce/O2O, etc. Among them,
domain name resolution is the core component and key interconnection tool for
the realization of decentralized cloud computing platform.
BitDNS
ambitions are really big
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