How does a .BTC domain work? Why should you consider a .BTC domain?
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How .BTC Domains Work, .BTC domains are a specific type of blockchain name that is registered and stored on the Bitcoin network in the form of a non-fungible token (NFT). These domains are held on the BNS and registered through smart contracts on Stacks. They leverage the security features of Bitcoin to create a decentralized name registry.
Ownership of each .BTC name is recorded on the Bitcoin blockchain in the form of a hash. Each domain and subdomain on the BNS has a decentralized identifier (DID), which provides a permanent identifier for public keys and is compatible with other systems that use DIDs.
Why you should consider .BTC domains, .BTC domains are designed to provide unique Web3 identities, striving to make transactions easier to complete and error-free. They are designed to provide a more accessible and less intimidating alternative to traditional alphanumeric wallet addresses, potentially lowering the barrier to entry for newcomers to the Bitcoin Web3 space.
By using a .BTC domain, you can show that you are actively involved in the Bitcoin ecosystem, whether you are a trader, developer, or fan. It is a way to show your involvement in the Bitcoin ecosystem.
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