Ethereum-Based Efforts Aim To Make Crypto Transfers Simpler
Ethereum was in the spotlight not too long ago, when it’s been said that this is one of more digital assets that are poised to show a boost in price really soon.
A rally is coming to the crypto market
Crypto analyst Nicholas Merten said that he sees more signs of an upcoming rally in the altcoin market.
Merten runs the popular YouTube channel DataDash, and he said that Bitcoin’s dominance of the overall crypto market looks like it’s getting weaker.
Unstoppable Domains startup launches .crypto which is a domain registry based on the Ethereum blockchain.
Making crypto transfers simpler
Unstoppable Domains is backed by Tim Draper and it’s also worth noting that it hides long blockchain addresses to make the process of sending crypto payments much easier.
This could lead to more people using crypto. The truth is that one of the most important goals in the crypto space has been the mass adoption of digital assets and this year, things went pretty great and in this direction.
The official announcement reveals the following:
“With .crypto, users can connect any cryptocurrency address to their domain. To get paid, all someone needs to know is your blockchain domain.”
Unstoppable Domains co-founder and CEO Matthew Gould said that “.Crypto is a domain name system meant to be used for any cryptocurrency payment and with any cryptocurrency wallet.”
He continued and explained that “Sending money to a .crypto domain is a way simpler user experience for the millions of cryptocurrency users that currently have to copy/paste and type in long addresses in order to transact.”
We recommend that you head over to the official announcement for the complete details on the matter.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.