Butterfly Protocol unveils decentralized blockchain-based DNS

Butterfly Protocol unveils decentralized blockchain-based DNS

Apart from registering and handling domain names, the platform would allow each domain address to be used for vivid unique functions, such as messaging, cryptocurrency and more

In a recent establishment across the thriving blockchain industry, Butterfly Protocol has reportedly announced launching its new and advanced distributed ledger blockchain-based web naming system particularly designed for the decentralized internet to support distributed applications as an enhancement of the Domain Name System (DNS).

Apparently, the internet’s DNS is currently under the regulation of an American non-profit organization, the Internet Corporation for Assigned Names and Numbers, which is working to curate several databases associated to the namespaces that keep the internet operating by resolving names to internet protocol numbers.

This move would streamline the management of domains via gatekeepers like Google Domains, BlueHost, and GoDaddy Inc., in turn creating a centralized control of the internet and potential for censorship.

Reports have it that upon launch, the company would be offering multiple client: a browser extension to search for new domain names, a special DNS server that acts as a bridge to the decentralized web name system, and a dedicated browser installed separately that makes use of Butterfly.

Moreover, it would be crucial to mention that early users would have an access to the ‘.human’ subdomain, which can be used to publish any type of content. An added advantage with this DNS would be that no organization or a person could block, cancel, or censor it.

In a statement released by the company, Butterfly Protocol President, Dana Farbo cited that private and secure alternatives for search, web browsing, and messaging are currently gaining massive traction worldwide, enabling companies and individuals to focus more on establishing safe networks and servers.

In this case, Butterfly has come up with a solution for people to offer a way to own, secure, and author their data, providing users an infinite control of whether they want to own the personal domain forever or wish to create an ecosystem of DApps.

Source Credit: https://siliconangle.com/2021/01/14/butterfly-protocol-launches-decentralized-blockchain-based-domain-name-system/