Press Release
In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrencies as a payment method. Users of the multi-chain bitcoin.com wallet can now send cryptocurrency to the full range of domains offered by blockchain-based domain providers. This means, for example, that people can now send cryptocurrency to human-readable addresses such as “elizabeth.crypto” rather than the long and complex wallet addresses that are native to the bitcoin protocol (e.g., bc1qar0srr7xfkvy5l643lydnw9re59gtzzwf5mdq) It means that bitcoins can be sent to.
“Cryptocurrencies are a powerful force creating economic freedom in the world, but frankly adoption is being hampered by poor user experience – and the use of industry standards for complex wallet addresses is an important pain point,” said said Bitcoin.com CEO Dennis Jarvis.” Unstoppable Domains’ human-readable addresses are a big step in the right direction, which is why we are proud to support them with our fully self-sufficient wallet.”
Unstoppable Domains is one of the three largest global providers of blockchain-based domains, the other two being Ethereum Name Service (ENS) and Foundation for Interwallet Operability (FIO). All of these services are supported by supported by Bitcoin.com Wallet provides domain name extensions tied to the public blockchain rather than the traditional domain name system (DNS).
“When domain name ownership is managed via a public blockchain rather than the private database of a traditional domain name registry service such as Verisign, the result is reduced censorship risk and enhanced property rights, two of the key cryptocurrency-wide two of the value propositions will be realized,” Jarvis said.
At the unstoppable realmyou can buy domain names like “brad.crypto,” described as at You can purchase domain names like “non-fusible tokens (NFT)” You can purchase domain names likethat reside on the Ethereum or Polygon blockchain; through the Unstoppable Domains web portal, buyers can map their cryptocurrency address to a domain name/NFT, and this information is recorded in the blockchain.79} Anyone who uses the Bitcoin.com Wallet can send the mapped cryptocurrency to the owner of the domain name by entering the domain name (e.g. ‘brad.crypto’) in the submit field.
“With over 32 million wallets created, bitcoin.com wallets have the potential to make NFT domain use mainstream.” Sandy Carter, SVP of Business Development at Unstoppable Domains, said.” We are excited to expand our partnership with Bitcoin.com to not only simplify cryptocurrency payments, but also to enable people to own their data and identity on the Web3.”
Bitcoin.com CEO Dennis Jarvis said, “At Bitcoin.comlaunched our reward and utility token VERSE, we will be leading more newcomers into the web3/DeFi world. In such an environment, tools that reinforce sovereign ownership of data are essential infrastructure. We are excited about the progress Unstoppable Domains is making and look forward to deeper integration in the future.”
About Unstoppable Domains
Founded in 2018, Unstoppable Domainsis a global web 3 NFT domain name provider and digital identity platform that is working to bring the world on board. Unstoppable Domains offers NFT domains minted on the blockchain, allowing people to fully own and control their digital identity without renewal fees. With Unstoppable Domains, people can replace their long alphanumeric crypto wallet addresses with human-readable names and log in and trade on over 200 apps, wallets, exchanges, and marketplaces. The company was named by Forbes as one of America’s Best Startup Employers for 2022.
Image credits: Shutterstock, Pixabay, Wiki Commons
