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.bit

Index .bit

.bit is a top-level domain that was created outside the most commonly used Domain Name System (DNS) of the Internet, and is not sanctioned by the Internet Corporation for Assigned Names and Numbers (ICANN). [1]

11 relations: Alternative DNS root, Bitcoin, CoinDesk, Cryptocurrency, Decentralization, Domain Name System, ICANN, Internet, Namecoin, OpenNIC, Top-level domain.

Alternative DNS root

The Internet uses the Domain Name System (DNS) to associate numeric computer IP addresses with human readable names.

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Bitcoin

Bitcoin (₿) is the world's first cryptocurrency, a form of electronic cash.

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CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies.

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Cryptocurrency

A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

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Decentralization

Decentralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, are distributed or delegated away from a central, authoritative location or group.

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Domain Name System

The Domain Name System (DNS) is a hierarchical decentralized naming system for computers, services, or other resources connected to the Internet or a private network.

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ICANN

The Internet Corporation for Assigned Names and Numbers (ICANN) is a nonprofit organization responsible for coordinating the maintenance and procedures of several databases related to the namespaces and numericalspaces of the Internet, ensuring the network's stable and secure operation.

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Internet

The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide.

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Namecoin

Namecoin (Symbol: ℕ or NMC) is a cryptocurrency that is mined with bitcoin software as bonus.

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OpenNIC

OpenNIC (also referred to as the OpenNIC Project) is a user-owned and -controlled top-level Network Information Center that offers a non-national alternative to traditional Top-Level Domain (TLD) registries such as ICANN.

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Top-level domain

A top-level domain (TLD) is one of the domains at the highest level in the hierarchical Domain Name System of the Internet.

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References

[1] https://en.wikipedia.org/wiki/.bit

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