DWEB
DecentraWeb
$0.01025499AUD
Market Cap
511.4K AUD
24H Trade Vol.
881 AUD
Total Supply
50.4M

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Deposits and withdrawals are not currently available for this coin.

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What is DecentraWeb?

DecentraWeb is a decentralized domain name system (dDNS) implemented on the Ethereum blockchain. It aims to promote a decentralized future for the internet by allowing users to create their own top-level domains (TLDs) and own them permanently on the Ethereum blockchain as NFT ERC-721 tokens.

How does DecentraWeb work?

DecentraWeb operates by utilizing the Ethereum blockchain, employing its decentralized network for secure domain registrations. It incorporates the following components:

  • Consensus Mechanism: Utilizes Ethereum's Proof of Stake (PoS), ensuring security and integrity through validators who participate by staking Ether.
  • NFT Technology: Uses the ERC-721 standard for NFTs to manage and secure domain registrations as unique digital assets.
  • Smart Contracts: Automated, secure processes for self-executing domain registrations and transactions, making them transparent and tamper-proof.

What are the potential use cases for DecentraWeb?

DecentraWeb offers a variety of potential use cases, including:

  • Decentralized Domain Management: Enabling the creation and ownership of TLDs on the Ethereum blockchain.
  • Wallet Domains: Using domains as user-friendly addresses for cryptocurrency transactions.
  • Web3 Gamertags: Securing portable identities for users in Web3 games.
  • Decentralized Websites: Building censorship-resistant websites with user-controlled domains.
  • Corporate and Community Identity: Providing scalable identity solutions for businesses and Web3 communities.

What is the history of DecentraWeb?

DecentraWeb has evolved with several key milestones:

  • Founders: Michael Calce (Co-Founder & CEO) and Adam Barlam (Co-Founder & CTO), both with significant industry experience.
  • Inception and Funding: Founded to address centralization in DNS systems, backed by notable investors.
  • Network Expansion: Extended its network capabilities to the Polygon Network for enhanced scalability.
  • Technological Advancements: Introduced domain bridges and DNS tools to facilitate operations across networks.
  • Partnerships: Collaborated with Metamask and Google Cloud to integrate and expand its Web3 offerings.

Coin Contract Addresses

0xe7f58a92476056627f9fdb92286778abd83b285f
0x8839e639f210b80ffea73aedf51baed8dac04499