Butterfly Protocol Launches New Naming System Purpose-Built for the Future of a Decentralized Internet
SAINT KITTS AND NEVIS, Jan. 14, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) Butterfly Protocol (www.butterflyprotocol.io) today announced the launch of its blockchain-based web naming system built for the decentralized internet. An immediate improvement, Butterfly Protocol provides an alternative to ICANN -- the centralized organization currently responsible for web naming databases and management of the domain name system (DNS) -- by offering a decentralized registry platform for top-level domains that can be purchased with cryptocurrency.
Under the control of ICANN, DNS and top-level domains are delegated to gatekeepers like GoDaddy, Google Domains, and Bluehost. With centralized control of the internet, …
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