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Reading: Trust Machines Introduces Orange Domains for Enhanced Bitcoin Web3 Integration
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Latest cryptocurrency news > BITCOIN News > Trust Machines Introduces Orange Domains for Enhanced Bitcoin Web3 Integration
BITCOIN News

Trust Machines Introduces Orange Domains for Enhanced Bitcoin Web3 Integration

BH NEWS
Last updated: 5 March 2024 02:15
BH NEWS 2 years ago
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Trust Machines, an innovator in Bitcoin infrastructure, has unveiled Orange Domains. This new platform is designed to bridge the gap between the conventional Domain Name System (DNS) and Bitcoin’s burgeoning Web3 space. Traditional DNS, used for navigating the internet, currently operates separately from blockchain networks, a disconnect Orange Domains seeks to resolve.

Contents
Linking Traditional Internet with Bitcoin-Based ApplicationsIndustry Leaders Rally Behind the Web3 Vision

Linking Traditional Internet with Bitcoin-Based Applications

Orange Domains will facilitate seamless interaction, merging standard DNS addresses with those from the Bitcoin Name System (BNS). Users of Orange Domains will receive immutable tokens that correspond to domain names, enabling a range of online activities from Web3-enabled domains, such as site construction, email, smart contract development, and financial management.

This development follows Bitcoin’s price surge above $60,000, marking a notable milestone since its peak in November 2021. Orange Domains anticipates setting new precedents for domain usability and Web3 identification.

Industry Leaders Rally Behind the Web3 Vision

Orange Domains is a collaborative effort between Trust Machines, Tucows—an established internet services firm—and Hiro, a developer of Web3 tools. Tucows CEO Dave Woroch has expressed strong support for the initiative, citing Tucows’ extensive domain industry experience as a significant asset for the project, poised to connect the traditional internet with the innovative world of Web3.

The service capitalizes on the Stacks network, which brings smart contract capabilities to Bitcoin, allowing users to acquire .btc domain names directly on the Bitcoin blockchain. These Web3 identities on BNS signify a strategic move towards a more integrated and sophisticated Bitcoin ecosystem.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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