At 9ja Cosmos, we’ve moved forward on the piloted Web 3 Domain ‘.det0x’ amazingly breaking new ground.
We’ve got a whole new ‘to-market’ interface here.
Web 3 splits into different ecosystems depending on which blockchain is at its core. Services and Architectures built off it have common coding. Some wallets can contain some crypto from different ecosystems but rarely other assets, such as NFTs, tokenized RWAs (Real World Assets) and other things.
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For these ‘other things’ wallets tend to be only able to stick to one ecosystem.
The top wallets by user volume in the world, are MetaMask, Coinbase, Trust, Rainbow, Phantom and Zengo in that order.
MetaMask concentrates on assets that are based around Ethereum, commonly known as EVM Compatible or ‘0x’. This ecosystem has a lot of builders on it, but it is also prone to hacking, phishing, exploits and various other malaise.
In my series on Web3 LinkedIn personalities and content creators last year, a piece quoted Gracious John – $12.3 BILLION IN LOSSES —THAT’S THE AMOUNT RECORDED DUE TO SMART CONTRACT VULNERABILITIES’.
.det0x names are minted to Optimism, which is EVM Compatible and works with MetaMask or other EVM Compatible wallets and services.
But .det0x can’t be hacked. It’s got a feature called a ‘DNS Root Zone’ which is buried fathoms deep on the Handshake Blockchain, a copy/fork of Bitcoin. It can’t be exploited like some find loop holes in EVM smart contracts.
ICANN names (like .com .io .biz and .net) have Root Zones that are ‘plucked from the air’ and just placed in a centralized database. There are several other naming systems that operate in the EVM space claiming to be Web3, but the don’t do any better.
.det0x names now have a MetaMask SNAP IN, which at a simple press of a button can allow your det0x name, such as ‘david.det0x’ to be used as a proxy for the MetaMask public key.
It will continue to be as secure as the Bitcoin Blockchain. It will continue to be as flexible as any other Web3 name/domain option in the EVM Ecosystem for whatever new developments come along.
and – it starts from $1 for a name (5 characters or more).
Are there equally secure SLD (Second Level Domain) options in Web 3? Sure –
Cardano have just bought the Handshake names ‘.ada’ and ‘.cardano’ and have a similar product. But those work on the Cardano ecosystem where there are hardly any builders or products. There is a similar story about ‘.tez’ domains on Tezos. None of these bring unique security and decentralization naming to the EVM Ecosystem where a lot of the security challenges with memecoins and PFP type NFTs reside.
You will need OPETH in your wallet to purchase a .det0x name/domain. This is Ethereum for use on the Optimism Network and not OP.
We are also giving a limited run of the ‘det0xant’ NFT like tokenized artwork away to new adoption on .det0x so hurry!
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