{"id":13311,"date":"2022-07-20T00:00:12","date_gmt":"2022-07-20T00:00:12","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-com-simplifies-cryptocurrency-payments-enhances-data-sovereignty-with-unstoppable-domains-partnership-press-release-bitcoin-news\/"},"modified":"2022-07-20T00:00:12","modified_gmt":"2022-07-20T00:00:12","slug":"bitcoin-com-simplifies-cryptocurrency-payments-enhances-data-sovereignty-with-unstoppable-domains-partnership-press-release-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-com-simplifies-cryptocurrency-payments-enhances-data-sovereignty-with-unstoppable-domains-partnership-press-release-bitcoin-news\/","title":{"rendered":"Bitcoin.com Simplifies Cryptocurrency Payments, Enhances Data Sovereignty With Unstoppable Domains Partnership \u2013 Press release Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div id=\"\">\n<header class=\"article__header\">\n<\/header>\n<div class=\"featured_image_container\">\n<\/p>\n<p>press release<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">In partnership with Unstoppable Domains,<\/span><a href=\"https:\/\/bitcoin.com\"> <span style=\"font-weight: 400;\">Bitcoin.com<\/span><\/a><span style=\"font-weight: 400;\"> is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain<\/span><a href=\"https:\/\/wallet.bitcoin.com\"> <span style=\"font-weight: 400;\">Bitcoin.com Wallet<\/span><\/a><span style=\"font-weight: 400;\"> can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable address like \u2018elizabeth.crypto\u2019 rather than to the long and complicated wallet addresses that are native to the Bitcoin protocol (eg. bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cCryptocurrency is a powerful force for creating economic freedom in the world, but adoption has been stifled by the frankly poor user experience \u2014 and the industry-standard usage of complex wallet addresses is a key pain point,\u201d said<\/span><a href=\"https:\/\/bitcoin.com\"> <span style=\"font-weight: 400;\">Bitcoin.com<\/span><\/a><span style=\"font-weight: 400;\"> CEO Dennis Jarvis. \u201cUnstoppable Domains\u2019 human-readable addresses are a big step in the right direction, which is why we\u2019re proud to support them in our fully self-custodial wallet.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unstoppable Domains is one of three major providers globally of blockchain-based domains, the other two being the<\/span><a href=\"https:\/\/ens.domains\/\"> <span style=\"font-weight: 400;\">Ethereum Name Service<\/span><\/a><span style=\"font-weight: 400;\"> (ENS) and the<\/span><a href=\"https:\/\/fioprotocol.io\/\"> <span style=\"font-weight: 400;\">Foundation for Interwallet Operability<\/span><\/a><span style=\"font-weight: 400;\"> (FIO). These services, all of which are supported in the<\/span><a href=\"https:\/\/wallet.bitcoin.com\"> <span style=\"font-weight: 400;\">Bitcoin.com Wallet<\/span><\/a><span style=\"font-weight: 400;\">, provide domain name extensions that are tied to a public blockchain rather than to the traditional Domain Name System (DNS).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhen ownership of domain names is managed via public blockchains rather than in the private databases of traditional domain name registry services like Verisign, the result is reduced censorship risk and enhanced property rights \u2014 two of the key value propositions of cryptocurrency in general,\u201d said Jarvis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At<\/span><a href=\"http:\/\/unstoppabledomains.com\"> <span style=\"font-weight: 400;\">Unstoppable Domains<\/span><\/a><span style=\"font-weight: 400;\">, buyers can purchase a domain name like \u2018brad.crypto\u2019 which is represented as a<\/span><a href=\"https:\/\/www.bitcoin.com\/get-started\/what-are-nfts\"> <span style=\"font-weight: 400;\">nonfungible token (NFT)<\/span><\/a><span style=\"font-weight: 400;\"> that lives on either the Ethereum or Polygon blockchains. Via Unstoppable Domains\u2019 web portal, buyers can map their cryptocurrency addresses to their domain name\/NFT, and that information is recorded on the blockchain. Anyone using the<\/span><a href=\"https:\/\/wallet.bitcoin.com\"> <span style=\"font-weight: 400;\">Bitcoin.com Wallet<\/span><\/a><span style=\"font-weight: 400;\"> can then send any mapped cryptocurrency to the domain name owner by typing in the domain name (eg. \u2018brad.crypto\u2019) in the send field.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"How to send crypto to human readable addresses\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/HjdKjIvZe9Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWith over 32 million wallets created, <\/span><a href=\"https:\/\/bitcoin.com\"><span style=\"font-weight: 400;\">Bitcoin.com<\/span><\/a><span style=\"font-weight: 400;\"> Wallet has the potential to bring usage of NFT domains to the mainstream,\u201d said Sandy Carter, SVP of Business Development at Unstoppable Domains. \u201cWe\u2019re thrilled to expand our partnership with Bitcoin.com so we can not only simplify cryptocurrency payments, but also empower people to own their data and their identity across web3.\u201d<\/span><\/p>\n<p><a href=\"https:\/\/bitcoin.com\"><span style=\"font-weight: 400;\">Bitcoin.com<\/span><\/a><span style=\"font-weight: 400;\"> CEO Dennis Jarvis added, \u201cWith<\/span><a href=\"https:\/\/bitcoin.com\"> <span style=\"font-weight: 400;\">Bitcoin.com<\/span><\/a><span style=\"font-weight: 400;\"> launching our rewards and utility token VERSE, we\u2019ll be guiding more and more newcomers into the web3\/DeFi world. In that environment, tools that enhance sovereign ownership of data are essential infrastructure. We\u2019re excited at the progress Unstoppable Domains is making, and we\u2019re looking forward to deeper integrations in the future.\u201d<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400;\">ABOUT UNSTOPPABLE DOMAINS<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founded in 2018, <\/span><a href=\"https:\/\/unstoppabledomains.com\/\"><span style=\"font-weight: 400;\">Unstoppable Domains<\/span><\/a><span style=\"font-weight: 400;\"> is an NFT domain name provider and digital identity platform working to onboard the world onto Web3. Unstoppable Domains offers NFT domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with more than 200 apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America\u2019s Best Startup Employers in 2022. <\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div class=\"article__body__author\">\n<div class=\"article__body__author__avatar\">\n<img src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-150x150.png\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-150x150.png 1x, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-300x300.png 2x\" class=\"avatar avatar-150 photo\"\/><\/div>\n<div class=\"article__body__author__info\">\n<h6 class=\"article__body__author__info__name\">\nBitcoin.com <\/h6>\n<p class=\"article__body__author__info__about\">\nSince 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.<\/p>\n<\/div>\n<\/div>\n<p class=\"images_credits\"><em><b>Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<div class=\"bottom_article_widgets\">\n<aside id=\"bn_widget_spacing-18\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-21\" class=\"widget_text td_block_template_1 widget widget_custom_html\">\n<h4 class=\"block-title\"><span>More Popular News<\/span><\/h4>\n<\/aside>\n<aside id=\"bn_widget_spacing-19\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-46\" class=\"widget_text td_block_template_1 widget widget_custom_html\"\/>\n<aside id=\"bn_widget_spacing-20\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-30\" class=\"widget_text td_block_template_1 widget widget_custom_html\">\n<h4 class=\"block-title\"><span>In Case You Missed It<\/span><\/h4>\n<\/aside>\n<\/div>\n<\/div>\n<p><script>(function(d, s, id) {\n        var js, fjs = d.getElementsByTagName(s)[0];\n        if (d.getElementById(id)) return;\n        js = d.createElement(s); js.id = id;\n        js.src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&version=v3.2\";\n        fjs.parentNode.insertBefore(js, fjs);\n    }(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/bitcoin-com-simplifies-cryptocurrency-payments-enhances-data-sovereignty-with-unstoppable-domains-partnership\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) press release In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":13312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13311"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13311"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13312"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}