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.eth vs .box: Understanding the Differences Between Web3 and Traditional Domains
In an increasingly digital world, domain names play a crucial role in online identity. However, with the rise of Web3, new types of decentralized domains like .eth have emerged, setting them apart from traditional domains like .box.
If you’re considering registering a domain for your business, project, or digital identity, it’s essential to understand the differences between the two and which one best suits your needs. In this article, we’ll explore the features of .eth and .box, their uses, advantages, and limitations.
.eth (Ethereum Name Service — ENS)
.eth domains are part of the Web3 ecosystem and operate on the Ethereum blockchain via the Ethereum Name Service (ENS). Here’s what makes them unique:
- Decentralized: They are not governed by ICANN or traditional registrars.
- Primary Use: They make Ethereum addresses, smart contracts, and Web3 profiles easier to read and use.
- Not a standard DNS domain: Unlike .com or .io, additional setup is required to use them as traditional websites.
- Security and Ownership: Managed via smart contracts, ensuring full control by the owner.
- Crypto-based payments: Purchased with…