Bridging the gap between DNS and blockchain
What is blockchain?
An example of a third-party interference in a centralized system is the role banks play in financial transactions or corporations like Facebook in social networks.
Applications on the Ethereum blockchain platform run exactly as programmed without any chance of fraud, censorship or hacking.
Who is Ethereum?
Blockchain and .LUXE Domain
Ethereum has partnered with the .LUXE domain registry to connect DNS and blockchain for the first time and created the backbone of a new type of Internet.
Ethereum created .ETH to act as a custom wallet identifier, and is the first blockchain technology to be recognized by the domain name governing body ICANN. .LUXE domain is reinventing their mission and taking on a new exciting meaning in the crypto industry with “Let u exchange easily”. Users will be able to register .LUXE domain names to point to Ethereum wallets and smart contracts. Anyone who already has a .ETH will be able to secure the .LUXE equivalent in a Limited Registration Period of the .LUXE domain launch, before it hits general availability.
Ethereum adoption is growing fast. Microsoft announced that they will offer Ethereum Blockchain as a service and many major organizations from Shopify and Overstock now accept Ethereum payments.
There is over $300 billion USD invested in cryptocurrency, with Ethereum being the 2nd most popular token.