PALM BEACH, FL – A company called “Unstoppable Domains”, a San Francisco-based startup which recently secured $4 million in venture capital funding says it is launching a new gTLD domain on the “.crypto” extension which is intended to provide users with “human-readable” wallet addresses, intended to simplify the process of sending and receiving funds.
Potentially even more interesting is the vision behind Unstoppable Domains and their desire is to create what they call an “uncensorable” Internet that exists beyond the reach of even the most repressive governments.
“…. users are able to build “uncensorable” websites on these blockchain-based domains, ensuring that the site’s owner is always in full control of the website’s content and that the domain cannot be seized or taken down by a third party.”
Their intent to fight back against censorship was originally announced in May of this year, when the company released news that it secured the $4 million in funding which it received from from Draper Associates and Boost VC. That investment was said to ensure the company would fulfill its mission of creating “Global free speech,” across the web.
“Imagine a digital world in which no website can ever be taken down—and no content can ever be censored—by anyone other than the web domain’s owner.”
In addition to funding from Draper and Boost, Unstoppable Domains has also received grants from the Ethereum Foundation and the Zilliqa Foundation to build out its new blockchain based technology.
“The user controls the domain with their private keys; No one other than the person holding those keys can take the domain away.”
About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®
Jay says
The obvious route for them is to offer domains ONLY though nic.crypto and accept ONLY crypto. Anxious to see what currency they choose to accept. Not surprised by what any of the crypto nuts claim to try.. I remember one, high into the top 100 coins, planned on launching many mini satellites to create some decentralized ledger.
I suppose the same idea could be applied to DNS servers in space, imagine the fleet! They would have to be individually connected, Each with their own ledger and key (identification), The whole ‘system’ would be a blockchain (‘consensus’) that ultimately forces them to all run the same software. As long as 50% agree, there’s an exact answer. If one ever went off-line, it would need to be looked into…but that’s one of 100s, or 1000s. Imagine our future, ‘space machine maintenance.”!