Original author:0x BeyondLee
Table of contents
Original author:
Table of contents
1. Since the first is first principle is followed, why are there still a lot of duplicate domain names?
2. Why is the highly "decentralized" BTC ecological domain name extremely dependent on the "centralized" platform?
3. The difficulty of platform indexing: the difference between inscribe and mint
4. Comparison of domain name plagiarism check errors on mainstream platforms
5. Both difficulties and opportunities
6. Regarding the "case" and "traditional and simplified" of domain names
7. Issues related to domain name fees
8. What should I do if there are bugs or problems that cannot be solved?
9. What is the use of domain name?
10. What is the future expectation?
1. Since the first is first principle is followed, why are there still a lot of duplicate domain names?
1. It is not convenient for early full-node users to forge by themselves.@unisatofhttp://unisat.ioof@bestinslotxyzofhttp://bestinslot.xyz。
and collection platform
of
2. Why is the highly "decentralized" BTC ecological domain name extremely dependent on the "centralized" platform?
Indeed, compared with other domain name service systems (ENS, SpaceID, etc.), the BTC ecological domain name, especially the .sat domain name, is more decentralized, with the advantages of whole-process on-chain, independent completion, and permanent preservation once cast.
But so far, the minting and reading of assets on the BTC chain is still highly dependent on the algorithm of the centralized platform.
If the BTC chain is compared to a running "paper tape", then the centralized platform is equivalent to a "timer", and the centralized platform is only equivalent to a tool, which does not affect the excellent characteristics of the BTC ecological domain name.
3. The difficulty of platform indexing: the difference between inscribe and mint
1、Inscribe brc 20
If you want to clarify the dilemma of each platform in checking plagiarism, you must first understand the difference between inscribe and mint.
2、Mint erc 20
Due to the similarity between the names of brc 20 (and inscription) and erc 20 (and eth nft), many people mistakenly think that brc 20 is the erc 20 on the btc chain. In fact, there is a misunderstanding, and there are many differences between the two. This article focuses on comparing their creation methods, that is, the difference between inscribe and mint.
This process is more like someone "distributing blueprints", deploy deployment, other users "create their own tokens", inscribe inscribed. Everyone can make it, and who is effective depends on the priority. That is to say, even if your wallet has the tokens just issued, if it exceeds the agreed limit, it will not be recognized, and generally speaking, it is "discarded". In addition to brc 20, playing other nfts, domain names, etc. also follow the same principle.first is firstThis process is more like someone "manufacturing products in a unified manner", other users "queue to receive", mint casting. Therefore, this process is more in line with our intuitive impression, and it is effective if it is received, and there is no "counterfeit currency" that is not recognized.
Of course, this comparison is very rough, just to help everyone understand
in principle. However, due to conventions in the actual process, the inscribe (inscription) on the btc chain is often called mint (casting), but we need to know that there is a difference between the two.
4. Comparison of domain name plagiarism check errors on mainstream platforms
After my comparative test, the current mainstream platforms have different degrees of plagiarism errors. In short, the accuracy of plagiarism is unisat (comprehensive) ≈ bestinslot (aggregation) > iDclub (comprehensive).
Depend on@moffat 2021 1. iDclub's duplicate checking error@idclub_ord，http://idclub.ioDepend on
maded
It is currently the most convenient and user-friendly domain name comprehensive platform. However, due to the huge error in its duplicate checking, I did not focus on it in the first thread, hoping to improve the duplicate checking function in the future. Be sure to go to other platforms for comparison before casting with iDclub.
2. Check error of unisat and bestinslot
The probability of occurrence is extremely low, and I have only encountered one bug in unisat so far, and this bug was quickly fixed.http://magiceden.io3. Errors in the exchange’s plagiarism checkhttp://ordinalswallet.comMainstream BTC nft exchanges currently have MChttp://ordswap.io(handling fee 2.7%), OW
(2.7% handling fee), OS
(3% processing fee).http://bestinslot.xyzBut be aware that their plagiarism checks are basically unreliable.
It is highly recommended to buy from an aggregation platform
Enter, as shown in the picture.
5. Both difficulties and opportunities
Although there are many difficulties in casting and trading domain names, from another perspective, difficulties also breed opportunities.
Sometimes what prevents us from getting rich is not the lack of capital and lack of time, but laziness and prejudice. Still the same sentence Stay hungry. Stay foolish.6. Regarding the "case" and "traditional and simplified" of domain names
Case makes no difference when casting and recognizing,
That is to say, someone minted BTC.sats, so you don’t need to mint Btc.sats again, because this domain name has already been taken. (Limited to .sats domain names that have reached a consensus in the industry, domain names such as .btc are still inconclusive)
However, the upper and lower case may be different when displayed, depending on the choice of the platform, so for the sake of beauty, you might as well plan it when casting.
There is a difference between traditional and simplified Chinese, that is, China.btc≠China.btc.
7. Issues related to domain name fees
a.1. How much does it cost to cast a domain name?
View gas in real time@ethgisSatoshi conversionThe gas must not be too low, otherwise it is easy to get stuck, see the solution。
brother this article
A trick to solve the BRC 20 lock-up problem
2. Does the domain name need to be renewed?@btcdomain_btcENS costs money to rent, and "most" domain names in the BTC ecology do not need to be renewed. Once cast, it will belong to you forever.
And some domain names in the BTC ecosystem are minted by institutions and leased to you, such as
service provided.
Note that this is not to say that centralized DNS is bad. It's just that a completely decentralized domain name like .sats is more like an innovation.
8. What should I do if there are bugs or problems that cannot be solved?
1. There is a problem with the exchange withdrawal
Find the online customer service of the exchange through Twitter or app.
Or go to Apps→Help Center, it is also available.
2. Problems with unisat or other platforms
Official Twitter→Enter discord→Inquiry about ticketing.
It may be the peak period recently, so I suggest you ask questions in English. The same applies to other platforms.
9. What is the use of domain name?
If brc 20 and btc nft only have collection value, then the Bitcoin domain name is a real one that can integrate BTC addresses and permanently become an identity card in your BTC world. This hype value is believed to be self-evident.
And it is reported that the unisat valuation has reached nearly one billion, and now there is a high probability that the interaction will get an airdrop in the future!
10. What is the future expectation?@binancezhand@okxchineseand@openseaand@Element_ChineseAfter expressing that it will carry out the research and development of related functions of BTC network assets,@wangfeng_ 0128 and
They also successively stated that they will carry out related development.
write at the end
I very much agree with one sentence, we should look for definite opportunities in uncertainty, and now such a definite opportunity as the Bitcoin domain name is in front of everyone, please be sure to grasp it.
