One Domain Name To Rule Them All (Email, Website, Crypto Wallet)

TL;DR

• GoDaddy will soon allow you to turn your Web2 domain name into an Ethereum Name Service-style wallet address (as well as your email and web address). 

Full Story

When we bought the ‘web3daily.co’ domain, we purchased it through a ‘Domain Name Service’ (DNS) provider.

But if we wanted to buy the ‘web3daily.eth’ Ethereum domain, we’d have to go through an ‘Ethereum Name Service’ (ENS) provider.

…problem is — much like our aunt Suze and uncle Steve — the two don’t talk to each other.

Our DNS address lets folks check out our website and email us, while our ENS address would act as a crypto account name of sorts, allowing folks to send Ethereum based tokens to ‘web3daily.eth’.

And this highlights one of Web3’s biggest problems:

Everything in Web3 is being built outside of the existing system (from the ground up).

When Web1 transitioned into Web2, the change was defined by the ability to interact (e.g. upload photos/videos, leave comments, etc.).

But users didn’t need to do anything in order to make the jump — the functionality was integrated into Web1 slowly, but seamlessly over time.

Whereas, in Web3 everything starts from scratch:

Email accounts turn into wallet apps. Domain names turn into Ethereum names. Dollars turn into tokens — it’s a mess.

Now, here’s the good news:

The largest domain service provider in the world, GoDaddy, is integrating DNS, with ENS.

What does that mean??

It means, if we wanted to set up a crypto wallet with the DNS ‘send to’ address of web3daily.co — we will soon be able to go to our GoDaddy account, click a button, and *bleep-bloop-blop* we now have a crypto wallet registered under our Web2-based ‘web3daily.co’ domain.

This is a huge step forward for the general ease-of-use of Web3 and crypto (!) because it piggy backs off something folks are already used to using.

We love to see it!