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Punk Domain

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News

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
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Miguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.
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Luis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.
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Arif Mukhtar

What is Punk Domain?

Punk Domain allows you to register a domain name, linked to your account address.

Punk Domain - convenient domain names on the blockchain

Punk Domain allows anyone to create, manage and monetize a TLD. For example, a DeFi protocol like Agave could create a domain, called TLD.agave and the revenue from each domain purchase would go to Agave treasury. The Punk architecture is very flexible and allows the use of different domain business models. The first - a one-time domain purchase (no renewal), but more will be added in the future (such as time-limited domain ownership).

Another thing that Punk Domains hold dear - a complete decentralization.PunkDomain

Contracts are not upgradable and do not need any custodians (or similar external software) to work properly. Each top-level domain (for example, .web3, .spartan, .klima) within the Punk Domains protocol can belong to a different entity. Which makes it perfect for DAOs and communities. The Punk Domains protocol was built with modularity in mind, making it very flexible and allowing different parts of a module to belong to different owners.

Punk domains are not supported by MetaMask or other wallet providers yet, but developers are already in talks with some of them to integrate Punk domains. At the same time, you can use the domains to send tokens through the Send Tokens page on the Punk Domains website.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.