Network
The node client is configurable and modifiable. It allows federated services which allows flexibility to find the best way to handle services with limited resources.
Decentralised DNS
Key things to note
- Different from traditional DNS
- Versatus made their own DNS process which is decentralised
The Versatus DeDNS uses blockchain and web3 protocols to store names or records in a decentralised network scheme.
Nodes can earn by actively maintaining resources
This means node owners are incentivised for maintaining these nodes.
Unlike traditional DNS records where they are stored as “traditional” DNS records, ==Decentralised DNS or DeDNS Records are Web3 Domains==
QUOTE
Web3 domains are a new domain name system (DNS) designed to work on decentralized networks like the Ethereum, Algorand, Solana, and the Aptos blockchain. Instead of relying on traditional centralized domain registrars, web3 domains are registered, managed, and controlled on a decentralized network.
For example, instead of a traditional URL like “www.gate.com,” a web3 domain might look like “gate.crypto”. For web3 domains, the registration and ownership are recorded on a blockchain, making it more secure and decentralized.
A web3 domain creates a path to access websites and decentralized applications using a DNS system. They are non-fungible; hence, they can also be called NFT domains. Web3 users rely on blockchain technology and its security to create these NFT domain names on-chain.
These domains only exist in the Web3 space in a Web3 port of DNS called DeDNS.