The State of Blockchain Domain Name Services

DNS isn’t just an established technology that is important in today’s internet of Web 2.0 sites like Google or Facebook. It is constantly evolving and beginning to play an important role in the emergence of Web 3.0 technology. Blockchain projects have created hexadecimal address systems to identify public keys of cryptocurrency wallets. These 0x addresses composed of 16 random characters are difficult for people to read. Thus, the need to build a better system for communicating address information to others has led to the creation of several blockchain-based DNS projects. Essentially, they all aim to bring solutions that provide the same simplicity to identifying an individual user’s crypto wallet and website domain as we currently have with example.com and all other domains in Web 2.0.

In 2019, there has been a lot of progress made in the development of blockchain-powered DNS. Both small blockchain startups and large tech enterprises are at the forefront of this change. Let’s compare some of the top choices available today and preview a few that plan to launch in the future.

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