DeFi

1inch Wallet Users Allow To Make Address With Domains Names Through Unstoppable Domains

Unstoppable Domains, a nonfungible token (NFT) domain name supplier and digital identity platform have announced a cooperation with the 1inch network.

1inch Wallet Users Allow To Make Address With Domains Names Through Unstoppable Domains 3

The cooperation, according to the statement, would allow 1inch Wallet users to make transactions in a more user-friendly manner by substituting complicated addresses with domain names. This is exactly what ENS provides: the replacement of Ethereum addresses with web-friendly domain names.

The new partnership marks a foray into the decentralized domain field, which is presently controlled by the Ethereum Name Service (ENS).

Sergej Kunz, the co-founder of 1Inch Network, said:

“The partnership with Unstoppable opens up opportunities to overcome these barriers by making Web3 more fun and engaging.”

1inch Wallet Users Allow To Make Address With Domains Names Through Unstoppable Domains 4

Unstoppable Domains claims to have registered 2.6 million domain names and is integrated with 453 other services including Trust Wallet, ShapeShift, OpenC, Coinbase, and Brave Browser. ENS, on the other hand, has 2.17 million registered names and over 500 integrations.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.