ZKSpace Launches Its Own Domain Name Service, ZNS
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- ZKSpace rethinks the concept of Web3 domain name systems: What is ZNS?
- Major ZKS holders are eligible for the ZNS name draw
ZKSpace, a one-stop platform leveraging ZK tokens to provide L2-based solutions to retail users and institutions, introduces its own decentralized domain name system called ZNS.
ZKSpace rethinks the concept of Web3 domain name systems: What is ZNS?
According to the official statement ZKSpace (ZKS) teamis proud to introduce ZNS, the first decentralized DNS based on second-level transactions.
🚀How about ZK Astronauts! ZNS, the first Layer 2 domain name system, is coming!
🪐Get your own domain name and use it in all ZKSpace Layer 2 products
📝More information about ZNS🔗https://t.co/Zkj4w30kua
— ZKSpace (@ZKSpaceOfficial) September 16, 2022
Unlike its main first-generation competitors—the early Web3 domain systems Ethereum Names System, Tron Names System, etc.—ZNS addresses the issues of user privacy and attack resistance in domain management.
Traditional (Web2) domain systems are too prone to censorship: the administration of both the DNS registrar and the hosting provider can block every website and block access to its domain.
To overcome this roadblock, ZKSpace introduces a completely new way to manage domains. ZKSpace provides reverse domain resolution function. Its .zks name can be displayed in the upper right corner of the user’s screen when the wallet is connected to one of ZKSpace’s services.
One .zks name can open up a lot of possibilities throughout the ZKSpace ecosystem. ZKSquare allows crypto holders to send and receive payments using only a .zks name instead of an Ethereum (ETH) address of type 0x.
In batch transfer mode, one-time transfers allow crypto to be sent to up to 60 addresses in an instant.
Major ZKS holders are eligible for the ZNS name draw
Last but not least, in ZKSea, the L2 NFT marketplace, .zks names can act as usernames.
Basic offering on ZNS (5+ characters .zks name) is available for as low as $5 per year. Premium offers (3+ characters .zks name) can be redeemed for $100 per year instead of $640 for ENS.
To celebrate the launch of the new product and increase its visibility, ZKSpace is launching an unprecedented number of Web3 domains.
Users with 10,000; 50,000 and 100,000 ZKS tokens in ZKSpace wallets may require one 5-, 4-, and 3-character .zks name. Ethereum (ETH) enthusiasts can participate in the airdrop via a special application Glossy shape.