【VentureBeat】Blockchain.com will let people use human-readable usernames in blockchain transactions

5% of the rewards of this post are for @steem.amal


【VentureBeat】Blockchain.com will let people use human-readable usernames in blockchain transactions

Screenshot_20210627-074933_Chrome.jpg

Traditionally, to send Bitcoin, Ethereum, Doge, and other cryptocurrencies, you need to enter the recipient's 25-42 digit alphanumeric wallet address.

Soon, Blockchain.com will be able to use human-readable usernames in blockchain transactions, thanks to a partnership with Unstoppable Domains.

With Unstoppable Domains, anyone can purchase a decentralized domain name created as an NFT on the Ethereum blockchain, giving the owner full ownership and control.

Now, instead of "156i6HJfMWb1h2BEsKpfvZ2tQugqo4vs2w", users can simply type "[YourName].crypto" to send money to others or between accounts.

But, why should we use Unstoppable Domains? Wasn't there already Namecoin whose domain name (.bit) is decentralized and unstoppable too?

See also:

Coin Marketplace

STEEM 0.14
TRX 0.22
JST 0.031
BTC 78942.57
ETH 2118.56
USDT 1.00
SBD 0.65