Decentralized Websites: How Do They Work

decentralized websites

The features of Web3 are unavailable on Web1 and Web2. You can say that they are the frontrunners of the decentralized Internet. Important new features, such as decentralization, Web3 meetings, owning Web3 TLD,  anonymity, and security, are made possible by Web3. Web3 is the future, and it is high time you embrace and explore what it holds.

Let’s discuss decentralized websites, how they work, and some other essential knowledge you should have.

How Do They Work?

It goes without saying that doing away with middlemen like this gives more control to the people: the users and the programmers. It helps avoid banks, which can be slow, expensive, and difficult for the average person.

Also, having an anonymous identity throughout the entire internet is one of the many benefits of Web3. It also includes protections for intellectual property rights and the elimination of censorship.

Most importantly, NFTs gave rise to the concept of property rights. For example, let’s say that a user buys a virtual item on a social or gaming platform. Then deleting his account, the item will be nullified. This will not be the case with NFTs, as the item will remain registered on the blockchain. It can be sold or traded indefinitely.

When it comes to censorship, a platform’s administrators can alter the terms of service to restrict a user’s actions. Web3 allows users to have a unified identity across all of their preferred platforms. Hence, making it impossible to restrict or control their online behavior.

The same holds true for the idea of identification. Instead of signing up for several services, a user will simply need to remember one universal address. For instance, the Ethereum address linked to your ENS profile is untraceable and impervious to censorship.

Those who want to build their own decentralized website, watch this tutorial!

Benefits of Decentralized Websites

Peer-to-peer networking, distributed file systems, and encryption are all part of Web3, the next generation of the World Wide Web.

They refer to the growing body of open protocols and standards. They are created to enhance the safety, dependability, decentralization, scalability, accessibility, and interoperability of the web.

decentralized websites

Cyberattacks and restrictions from a central authority would be less effective against a decentralized one. Users can manage their data and decide who can access it.

The proliferation of Bitcoin and other blockchain-based cryptocurrencies has greatly influenced the rise of the Web3 movement. The goal is to make the web more decentralized so that it may be used for anything, including online material distribution.

Ethereum’s creator, Vitalik Buterin, first used the word in 2014. The goal of Web3 is to build a new, improved version of the Internet that is more private and decentralized than its predecessors.

A small number of corporations dominate the traditional web. On the other hand, the decentralized web is more democratic and diffused.

We all know that a handful of megacorporations monopolize the traditional web. This implies that these businesses have complete control over the content that appears on your computer screen when you go online. In contrast, with a decentralized web, users own their data and can do anything they like with it. It’s also important to note that no middlemen are involved in this system. So no one can sell or otherwise distort your data without your explicit permission.

A single entity manages the conventional web; all content is stored on a central server. Without a central server, the decentralized web will be more resilient. In the event of the failure of a single node, data can still be accessed through the remaining nodes.

Increased privacy and security, unrestricted access to information, and widespread content availability are just a few of the numerous advantages of the decentralized web.

Centralized Web Versus Decentralized Web

In looking at the difference between centralization and decentralization, let’s start by looking at each individually. Centralization in Web 2.0 systems refers to concentrating authority, decision-making, control, and computational resources in a single location. It can also be among a small group of individuals. Because of this, issues arise, such as game accessibility and system manipulation.

While a central authority governs Web2, Web3 is based on a decentralized model. The protocol’s administration community is given responsibility for it. Further, the network can keep transaction records since computational power is dispersed among numerous nodes.

Freename Role in Promoting Decentralized Websites

Freename’s provision of a decentralized domain name system (DNS) solution is crucial in bolstering the popularity of distributed web platforms. In contrast, DNS used to be monopolized by a handful of companies. Recent advancements in blockchain technology have made way for decentralized DNS options like Freename.

The domain names registered by users of Freename have been distributed and are accessible from any location thanks to the blockchain. This improves website owners’ security and privacy by eliminating requiring a single entity to oversee the domain name system.

Freename contributes to a more free and democratic internet by fostering decentralized websites with its decentralized DNS solution. There are a number of advantages to using a decentralized website, such as improved anonymity and security, more direct editorial control, and less likelihood of censorship.

Freename is also working hard to make its service more user-friendly and convenient. It has created a user-friendly web interface for registering domain names and is always looking into ways to improve the process.

Conclusion

The idea of a decentralized web responds to the pressing need to restore people’s complete ownership of their personal information and digital persona. It empowers individuals to manage their own identities and data. Blockchain technology has the potential to greatly diminish or even eliminate the need for trusted third parties.

While there is still work to be done before Web3 is fully implemented, it is clear that this new paradigm represents a major and discontinuous evolution of the Web. It will likely have far-reaching consequences for individual Internet users, businesses, and government agencies that rely on the Internet to provide essential services.

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How does it work?

Accordingly to the day when you will finalise your purchase, you have the right to receive from 1 to 3 NFT Domains for FREE!

Once you have completed your order, within 48h you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain/s.

You can chose on which blockchain you want to mint on and minting fee is covered by Freename!

HOW TO USE COUPONS:

Once you have added your favorite items to the cart, you proceed to “checkout” and add your coupon to the “coupon box”.

Said coupon will instantly do its magic and your due total will drop!

COUPON CODE CAN ONLY BE USED ONCE!
ENJOY YOUR SHOPPING AND GIFTS!

How does it work?

Once you have completed your order, you will automatically receive on www.freename.io platform, in your personal area “portfolio” the randomly assigned NFT Domain value $50 or if you’re lucky a randomly assigned TLD with value $699 (between these: .immersive; .multiverse; .freelancer; .cashback; .hologram)

you can chose on which blockchain you want to mint your NFT Domain/TLD on and minting fee is covered by Freename!

GOOD LUCK!

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Why do i Need a Wallet?

Freename domains are blockchain-based assets and would be minted and stored using a wallet. Users are required to mint and manage their domains using a Metamask or Coinbase-configured wallet. It must be a non-custodial wallet, meaning that one must own the private keys to the wallet in order to approve transactions via a signature.

To benefit from Freename Web 3 domains/TLDs, you must have a wallet. This is because Web 3 domains/TLDs are blockchain-based assets. Users can mint and manage their domains using Metamask or Coinbase-configured wallets.

Keep in mind that it must be a non-custodial wallet. You own the private keys to the wallet (in order to approve transactions via a signature).

Are the Domains Associated with ICANN?

ICANN does not manage freename.io domains. Freename.io believes their TLDs/domains must allow customers to operate independently. Freename.io wants to build a utility infrastructure, allowing customers to use their services for valuable and generative purposes. By leveraging blockchain technology, Freename Web 3 domains/TLDs have no centralized authority imposing rules and regulations.

What is a Wallet?

Every blockchain user requires a wallet in order to interact with the network. A wallet is essentially an account on the blockchain where transactions can be sent and received. It is also where one can store blockchain assets such as cryptocurrency or NFTs (non-fungible tokens). There is no personal information associated with a wallet and none is required to create one. A wallet consists of a public key and a private key. The public key can be safely shared with anyone who wishes to send assets to the corresponding wallet, however, the private key should not be shared and is the key to accessing the wallet in the event where access is lost or to create another instance.

A crypto wallet (cryptocurrency wallet) is software or hardware that enables users to store and use cryptocurrency. With cryptocurrencies, there isn’t any actual money to carry around in a wallet. They exist on the blockchain. Similarly to traditional bank transfers, crypto wallets enable users to send and receive cryptocurrencies, NFTs, etc.

A wallet consists of a public key and a private key. To receive assets, you share your public key associated with your wallet. You should NEVER share your private key.

How do i Claim my Earnings from Freename

ou can withdraw revenues generated passively through a cryptocurrency transfer. Connect your cryptocurrency wallet and, once your withdrawal request is confirmed, the desired amount is pulled from Freename’s reserves and conveniently delivered to you!

Claim your earnings by following these steps:

  1. Connect your cryptocurrency wallet to Freename.io
  2. Request a withdrawal
  3. Receive request confirmation
  4. Receive withdrawal directly to your wallet.

Can i Transfer Domains?

Yes. The domain is stored in your cryptocurrency wallet and can be transferred by you after you have minted it. Access your portfolio, select the TLD or Domain you wish to transfer and type the recipient’s address. Afterwards, you must paste the OTP code you received by mail to confirm the transaction. Keep in mind that currently, it is not possible to import the domain that has been transferred, but it will be possible soon!

Yes. Domains are transferable ONLY after a TLD/domain has been minted and stored in a user’s wallet.

To transfer the TLD (or domain), the user must:

  • Access their wallet
  • Select the item they want to transfer
  • Enter the recipient’s address.
  • Confirm the transaction by pasting the OTP received by email

In the future, Freename.io will support importing domains that have been transferred.

What about Trademarks?

Registering a trademark on your Freename Web3 TLD will allow you to protect your web3 TLD and your logo worldwide juridically.

From the moment you deposit a trademark request, your web3 TLD will be protected worldwide for 6 months awaiting for the Swiss Federal Institute of Intellectual Property (IGE.ch) to confirm and register the availability of your TLD.****

A trademark is any symbol, phrase, or word that allows customers to identify a company’s goods or services. Freename is a web3 domain/TLD provider that also provides trademark registration.

A user must reach out to the trademark department to register a trademark. To get your trademark filed for review at the Swiss Federal Institute of Intellectual Property, a user must provide the following:

  1. Complete a Know your customer (KYC)
  2. A list of TLDs they wish to trademark
  3. Proof of payment

Once these conditions are met, it takes one week for the trademark to be reviewed and logo/TLDs to be provided with six months of worldwide protection.

Is Minting the same as Buying?

Purchasing a TLD (or domain) on Freename and minting it on the blockchain are two distinct steps. When you purchase a TLD (or domain), the transaction is recorded in Freename’s database and not on the blockchain. Minting a TLD (or domain) on the blockchain requires a second step: log into the user’s personal area, select the TLD (or domain) and press “mint TLD” (or domain): done! Don’t worry, once you have purchased a Freename domain, no one can take it away from you!

No. Buying and Minting a TLD/domain are two different things.**

Buying **is the process of recording a transaction on Freename’s database and not on the blockchain.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full control over the TLD/domain.

It is very easy to mint a domain/TLD once you purchase it. Simply:

  • Log into your personal area
  • Select the TLD (or domain)
  • Press “mint TLD” (or domain)

What is Domain Minting?

Minting is the process of publishing a Freename domain (or TLD) on the blockchain via your wallet to gain full custody of the domain. This means that the only person that has control over the domain (or TLD) is the person who controls (has access to) the wallet.

Minting is the process of pushing a user’s domain from Freename.io data onto the public ledger of a blockchain and into a user’s wallet. Giving the user full ownership over the domain.

Minting on Freename.io is as simple as the following steps:

  1. Go to the Freename.io website
  2. Enter the TLD/domain you want to buy in the search bar
  3. Add the TLD/domain to your cart
  4. Go to checkout
  5. Create a Freename.io account
  6. Purchase the TLD/domain with cryptocurrency or a credit card
  7. Go to “portfolio and incomes.”
  8. Click on mint TLD/domain

Which domains are Protected?

Protected domains and TLDs are domains and TLDs that we’ve detected are associated with a brand, organization, or notable person. We believe it is important to increase adoption for the next generation of the internet by helping to onboard brands into the Web3 era. If you are interested in applying for a Protected domain, please contact us.

TLDs/Domains associated with a notable person, brand or organization are considered Protected Domains. Protected domains help onboard brands in Web 3 increasing adoption. Protected domains also protect users from others impersonating/stealing their domains.

Reach out to Freename.io to apply for a protected domain.

Why use Freename?

Freename domains are unique by their very nature: only with Freename you can register domains with unique TLDs for your digital identity while passively earning money!

Freename.io is not only the leading TLD and Domains platform in Web 3, but also lets users generate passive income!

Owning a Freename Web 3 TLD entitles users to receive passive income whenever a domain is bought on their TLD. Users can register and mint TLD/domains of their choice if available.

What is a Domain?

A domain name is a string of letters and/or numbers that points to the IP address of the corresponding website. Generally, it is easier to remember a name than a long string of numbers.

A domain name is an address that people type into a browser bar to find a website. It consists of a Top-Level Domain (TLD), everything that comes after the dot, and the Second-Level Domain (SLD), everything that comes before the dot.

For example, “Freename.io” is the domain name, “Freename” is the SLD and “io” is the TLD.

Which Chains are Supported?

Freename has a multi-chain approach. You can choose on which Blockchain to mint your Web3 Domains and TLDs ranging Among Polygon, Cronos, and Binance.

A user can mint a Freename.io domain/TLD on the following blockchains:

  • Polygon
  • Cronos
  • Binance

Freename plans to expand its multi-chain approach by adding blockchains upon which domains can be minted.

Are there Renewal Fees?

No! Once you’ve bought a Freename Domain or TLD, it’s yours forever, no renewal fees ever!

No. There are no renewal fees on Freename.io. Once a user has paid a one-time payment for a domain/TLD, they own it. Forever.

This is the significant advantage of Web 3 domain/TLD over traditional alternatives.

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