The .etherlink area will function a cornerstone for digital id administration on Etherlink’s Layer 2 blockchain, empowering each Web2 and Web3 customers to safe their digital presence via blockchain know-how whereas sustaining conventional area performance.
Etherlink is a permissionless Layer 2 blockchain that inherits the safety of the Tezos Layer 1, and includes a decentralized governance mannequin, fraud proofs, and censorship resistance. With right now’s launch, Freename, as a multichain Web3 namespace and ICANN-accredited registrar, can be leveraging Etherlink to bridge Web2 and Web3, enabling Web2 domains to be tokenized and secured on the Etherlink community alongside different main blockchains. This ensures model safety and area safety for Web2 companies whereas seamlessly integrating them right into a multi-chain ecosystem. Customers can merely mint domains straight on the Etherlink community and handle them alongside conventional Web2 domains, supporting over 50 blockchain networks.
“On-chain customers want tailor-made options for digital id. In a multi-chain world, interoperability is important. With the Etherlink integration and .etherlink TLD launch, we’re enabling the Etherlink and Tezos communities to safe dynamic identities that evolve with their Web3 journey.” Stated Gherardo Varani, Head of BD at Freename. “The .etherlink TLD and our potential to tokenize Web2 domains on-chain will redefine model safety and area possession, providing customers the very best of each worlds.”
The platform leverages Etherlink’s breakthrough transaction prices of $0.001, providing customers an inexpensive and scalable approach to work together with the blockchain and DNS. By integration with Tezos Sensible Rollups, customers profit from enhanced safety and cross-chain compatibility with different main EVM networks. Etherlink’s structure ensures unparalleled safety and decentralization by eliminating centralized bridges and administrative keys, making it a extremely dependable and censorship-resistant platform for blockchain-based operations.
Impression on the Etherlink Ecosystem
“Domains are the muse of digital id, and with Freename’s integration, we’re reworking how the Etherlink neighborhood connects and transacts,” stated Cédric Roche, Enterprise Improvement & Technical Assist Director at Nomadic Labs, a Tezos R&D Hub in Paris. “That is about extra than simply changing pockets addresses – it is about constructing a extra intuitive and accessible Web3 the place conventional companies and crypto-native customers can seamlessly work together.”
This integration marks a major milestone for the rising Etherlink ecosystem and comes at a busy interval for the Tezos ecosystem, following the current launch of the uranium.io market on Etherlink and the disclosing of the Tezos X roadmap in mid-2024. The .etherlink area supplies native Web3 identities for decentralized functions, good contracts, and neighborhood members inside the Etherlink community. Neighborhood members can now create memorable addresses for his or her wallets, changing complicated hexadecimal strings with human-readable names.
The domains additionally allow Etherlink initiatives to ascertain branded Web3 presences, fostering belief and recognition inside the ecosystem. With Freename’s DNS know-how, Etherlink customers can seamlessly bridge their Web2 and Web3 identities, opening new prospects for decentralized functions and companies. Freename’s partnership with Etherlink exemplifies its dedication to supporting the mixing of Web2 and Web3 applied sciences, empowering customers with a safe, scalable, and decentralized area ecosystem.
About Freename
Freename is the main multi-chain Web3 namespace platform and ICANN-Accredited Registrar, enabling customers to mint and handle domains and TLDs throughout main blockchain networks. Freename bridges Web2 and Web3 DNS, offering progressive instruments for area safety, model safety, and decentralized possession.
About Etherlink
Etherlink is an EVM-compatible, non-custodial Layer 2 blockchain powered by Tezos Sensible Rollups. Recognized for its ultra-low transaction prices, sturdy safety, and decentralized governance, Etherlink is setting new requirements for Layer 2 blockchain know-how.
Contact Data:
Mattia Martone
[email protected]
Disclaimer: The data offered on this press launch will not be a solicitation for funding, neither is it meant as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly beneficial you apply due diligence, together with session with knowledgeable monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.