.bit is an account, not a domain name. We always need to use fixed suffixes to identify certain things, such as file suffixes to identify file types, email suffixes to identify where an email is from, and domain name suffixes to identify the domain name. Therefore, although the unified .bit suffix makes .bit look like a top-level domain name, it is only used to identify .bit accounts.
.bit is a completely decentralized account system. The .bit protocol runs on Nervos CKB, a highly open PoW public chain architecture.
At the same time, all core components of .bit are hosted on Github in an open-source manner.
See .bit registration process for details.
See .bit alias for details.
See .bit SubDID for details.
See .bit ETH NFT for details.
See .bit state and lifecycle for details.
Why do we only need to sign when managing an account, without paying network fees? Is .bit management centralized?
The management of .bit is decentralized. The reason why no network fees need to be paid is that when users register, they have already pre-set the network fees in the storage space of the .bit account, which is sufficient to manage this .bit account tens of thousands of times.
Yes. You can transfer the ownership of an account to another address by modifying the owner of the account.
Yes, anyone can renew any .bit account. However, renewing an account does not mean that you will own the account. In addition, if you renew your account when it is about to be recovered, the account may have already been recovered and registered by a new user. This means that your renewal will be successful, but you will still lose ownership of the account.
.bit
is not a top-level domain name on the Internet, so it will not conflict with the Internet domain name namespace recognized by ICANN. The reason for using .bit
as a suffix is:
.bit
is the basic unit of information, and the future world is an information world. Bit is the basic component of the information world, which is consistent with the vision of .bit trying to become infrastructure..bit
is neutral and not associated with any chain, which is in line with the cross-chain characteristics of .bit..bit
is the prefix of bitcoin, which is a tribute..bit
is cool.
Based on the following reasons, we believe that .bit should not have other suffixes:
- More suffixes do not bring benefits to users, but make usage more complicated.
- More suffixes, whether for blockchain domain name systems or Internet domain name systems, are a kind of namespace pollution. As the infrastructure of Web3.0, .bit should maintain restraint.
.bit
is not a top-level domain name on the Internet, so it cannot be accessed directly. However, each .bit account corresponds to a subdomain of .bit.cc
, which can be accessed directly through the browser. If Alice owns the .bit account alice.bit
, then she will automatically own the Internet domain name alice.bit.cc
. Alice can decide what users see when they access alice.bit.cc
by setting up resolution records.