Blockchain domains can unite the cryptocurrency community!

How Multi-Currency Payments Will Unite The Blockchain Community

The Unstoppable Team

Team
Team
Apr 5, 2019 · 3 min read

If you accept cryptocurrency for payments, you probably don’t accept all of the dozens of available options. So before someone pays, they need to know which currencies you accept as well as what your addresses are. Rather than sharing a list of 10+ addresses, you’ve probably chosen 2–3 favorite currencies & you only accept those.

This makes sense for convenience and simplicity, but it also has a side effect… it’s fodder for the protocol wars.

Passionate supporters of one blockchain or another try and push users toward their cryptocurrency of choice. Often, just choosing to accept one currency or another, is the equivalent of publicly choosing sides in the protocol wars. After 10+ years, and dozens of currencies, the blockchain community has fragmented into countless such groups. And the total number of cryptocurrency users in the world is only around 30 Million.

When new users join & try to use cryptocurrency, they are often met with complicated debates around which protocols are better. Can you imagine how much easier it would be to grow the blockchain community if this weren’t what dominates public discussions?

If you have a blockchain domain, you can sit this debate out altogether! Add 10, 20, or 50 cryptocurrencies all to your .zil domain & people can pay in whatever currency they want.

The next time someone asks which cryptocurrency to use, just say, “whichever is easiest for you.” Share yourname.zil & get paid in any cryptocurrency that you’ve associated with your domain.

And how does this work…?

You control the domain so you are the only person able to associate cryptocurrencies with it. Store your bitcoin, Ethereum, and Zilliqa addresses on the blockchain itself. When someone types yourname.zil into a wallet, the wallet looks up that domain on the blockchain, finds the appropriate address, and sends. It’s that simple.

Stay tuned — we will be launching a feature that enables private payments in the coming months.

Want to see it in action? You can add your bitcoin, Ethereum, & Zilliqa addresses to your .zil domain now.

It’s easy, just follow these easy steps. But you’ll need to register a domain first!

Steps:

  1. Go to the ‘my domains’ section
  2. Click manage domain
  3. Add your Bitcoin, Ethereum, and Zilliqa addresses (more currencies coming soon!)

If you’re interested in available blockchain domains, check out our website.

Join us on Twitter & Telegram.

Unstoppable Domains

Blockchain Domains • Making Crypto Payments Simple • Building Censorship Resistant Websites • Pre-order domains today!

Team

Written by

Team

Unstoppable Domains

Blockchain Domains • Making Crypto Payments Simple • Building Censorship Resistant Websites • Pre-order domains today!

More From Medium

More on Blockchain from Unstoppable Domains

More on Blockchain from Unstoppable Domains

Unstoppable Website Templates

230

More on Blockchain from Unstoppable Domains

More on Blockchain from Unstoppable Domains

Taking Back The Internet with Naomi Brockwell and Brad Kam

2

More on Unstoppable Domains from Unstoppable Domains

More on Unstoppable Domains from Unstoppable Domains

MyEtherWallet Now Supports Unstoppable Domains!

90

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade