The Open Network: launch of domain names

07.07.2022

Information has become known that the TON Foundation blockchain has begun launching a new service that allows each user to receive domain names similar to the Ethereum Name Service (ENS).

Therefore, TON can be counted among those cryptocurrency companies that have transformed their ecosystems by creating human-readable names for smart contracts, cryptocurrency wallets and portals.
According to the Block-chain24 portal, thanks to TON DNS, users will no longer have to type a large alphanumeric designation on the keyboard. It will be replaced by a simple and short domain name. Moreover, it will be not only a pseudonym, but also a wallet address. It is also planned to implement TON DNS in TON Sites and TON Pro tools (they will be launched during the third quarter of this year). Therefore, all users are waiting for an alternative variant of centralized domain registries that have the ability to freely block the portal domain.

The TON domain zone is ".ton". Everything is the same here as with other well-known domain names. Thanks to this change, users will be able to quickly enter decentralized applications. Once TON is launched, the first domain names will be traded in an auction from the TON Foundation, which is designed to be as decentralized as possible for everyone who participates. The date set is July 30 this year. The operation of the auction on smart contracts will be carried out for 1 week. It should be noted that the coins that will come as a result of the sale of domains will not be in circulation. The tokens will be sent to the smart contract, and it will not be possible to pick them up from there.

The launch of TON DNS is interconnected with the introduction of the TON blockchain with Telegram bots at the very beginning of the year. It is designed for wallets as well as mobile devices.

Also, the good news is that TON DNS support is now available in The Tonkeeper, TON Web Wallet and Tonscan services. This became known after the announcement that the mining of the emission of Toncoin (the size of the tokens is 5 billion) has been completed. This predetermined the beginning of another era for the blockchain.
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