Near Domain Introduction
Near Domain is a domain name service that allows users to create human-readable wallet addresses and account identifiers on the NEAR blockchain protocol in the format of name.near.
View MoreWhat is Near Domain
Near Domain is part of the NEAR blockchain ecosystem that provides a domain name system similar to traditional website domains. It enables users to create unique, memorable account identifiers that work as wallet addresses on the NEAR network. Rather than using long cryptographic addresses, users can register simple names in the format 'name.near' (like maria.near or jane.near) to serve as their blockchain identity and wallet address.
How does Near Domain work?
The system works similarly to website domain registration, where users can claim unique .near account names by paying a registration fee. Once registered, these domain names function as wallet addresses for sending/receiving funds and interacting with smart contracts on the NEAR network. Account holders can also create unlimited sub-accounts (like contract_1.maria.near) for different purposes. The domain names are integrated with the NEAR ecosystem's infrastructure and can be used across various applications and services built on the network.
Benefits of Near Domain
Using Near Domain provides several advantages: it offers human-readable addresses that are easy to remember and share, eliminates the need to deal with complex cryptographic wallet addresses, enables seamless integration with NEAR's ecosystem of applications, and allows for creating multiple sub-accounts under a main domain. This makes blockchain interactions more user-friendly and accessible to mainstream users while maintaining the security and functionality of blockchain technology.
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