Domain names can be compared to real estate on the internet, important for establishing an online presence. But as technology advances, so does the way we manage these digital assets. This blog post goes over the key differences between 3DNS, an onchain domain registrar, and traditional DNS, the system we’ve relied on for decades.

Enhanced Security

Traditional DNS registars have often found themselves at the epicenter of cybersecurity threats, primarily due to their centralized data storage systems. This centralization makes them attractive targets for hackers and more vulnerable to data breaches. History has shown us that such breaches can have devastating effects, such as exposing sensitive information, funds being stolen, and undermining user trust.

Tokenizing your domain with 3DNS lowers the risk of data breaches. Cryptographic security offers strong protection for data, an improvement over the often weaker security in traditional systems. The blockchain creates an immutable ledger, so once you tokenize your domain, domain ownership and transactions are tamper-proof. This also allows for transparent auditing of domain records. The security of your domains rests in the strength of your private keys, putting the power directly in your hands and offering a level of protection and privacy that traditional systems cannot match.

Streamlining Domain Management

The conventional DNS system involves numerous manual processes, from updating records to renewing domain registrations. This system is often bogged down by bureaucratic red tape, requiring domain owners to navigate through various intermediaries and adhere to time-consuming procedures. The centralized nature of traditional DNS also makes it susceptible to single points of failure, which can delay updates and changes significantly.

3DNS streamlines domain management by bringing domains onchain. This eliminated the need for the manual processes associated with traditional DNS. Smart contracts automate critical tasks such as updates and renewals, ensuring transactions are not only instantaneous but also error-free and secure. The decentralized architecture of blockchain eliminates single points of failure, ensuring that domain management is both seamless and resilient.

Better Domain Transfers and Sales

Traditional DNS systems often involve manual, centralized processes that can be slow. The management of domain names requires navigating through various intermediaries, leading to potential delays and increased vulnerability to errors and fraud. Changes in domain registration or updates can take time to propagate, affecting the responsiveness of the system. The time frame for completing domain transfers varies significantly, ranging from a few days to several weeks, depending on the efficiency of the intermediaries and the systems in place. This variability can cause uncertainty and inconvenience for both buyers and sellers.

By leveraging blockchain, 3DNS transforms domain management into an instant, seamless process. By eliminating the need for intermediaries, transactions are conducted directly between buyers and sellers, greatly speeding up the process and eliminating fees from middlemen.

Adding Benefits to your Domain

Traditional DNS domains have been the cornerstone of the internet’s addressing scheme, functioning primarily as URLs that direct users to specific websites. While effective for navigating the web, these domains offer limited functionality beyond serving as web addresses. They operate within a centralized system that lack direct interaction with blockchain, meaning they cannot act as identifiers on the blockchain like ENS names, or engage with decentralized applications (DApps) and decentralized finance (DeFi) platforms. This limitation confines traditional DNS domains to a relatively narrow scope of use, restricting their utility.

Domains on 3DNS are supported by modern infrastructure and advanced APIs, 3DNS domains extend far beyond the capabilities of traditional DNS by integrating with Ethereum Name Service (ENS). This integration enables 3DNS onchain domains to facilitate receiving crypto, acting as an onchain identifier and also direct interaction with DApps and DeFi, enhancing the user experience and unlocking a vast array of new use cases. 3DNS offers users a multifunctional digital asset that is interoperable across a wide range of applications and platforms, setting a new standard for what domains can do.

To Recap: Key Benefits of Bringing Your Domain Onchain with 3DNS

Transitioning your domain to onchain with 3DNS introduces various benefits that surpass the capabilities of traditional DNS.

Here are the standout advantages:

• Enhanced Security - Onchain domains safeguard against data breaches and unauthorized access with unmatched security measures, thanks to blockchain’s cryptographic protections.
• Improved Liquidity - Experience instant liquidity for onchain domains when sold, a significant advantage over the slower, traditional markets.
• Efficient Transfers - Enjoy quicker and simpler domain transfers, eliminating the complex and time-consuming processes associated with traditional DNS.
• Secure Transactions Without Escrow - With onchain domains, eliminate the need for escrow services in sales, streamlining transactions directly between parties.
• Modern Infrastructure - Leverage modern APIs with 3DNS, enabling advanced domain management capabilities and setting new standards in domain registration.
• Integrated Onchain Identity - Integration with Ethereum Name Service (ENS) allows for cryptocurrency transactions using your domain name, identity verification, and you can use your domain with other DApps.