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Crypto Domain Names provide two main benefits: (1) a transparent infrastructure for access to and maintenance of new domain names, and (2) mapping of non-human friendly blockchain addresses to human friendly ones…
The Definitive Guide to Crypto Domain Names
Namecheap did not acquire Handshake. That would be like saying Coinbase acquired Bitcoin. Namecheap bought 51% of namebase.io, which is just a website/marketplace for Handshake.
A great article!
Well there are always mixed attributes of any model or a solution. With ICANN & their central authority Internet in the last three decades or so has grown exponentially. Remember, in the web2 world domains of any TLD or gTLD are not duplicated; they are not identical.
However, with web3 the ownership is permissionless but it opens up few obvious problems. Any person or an entity could create a TLD over any chain that could be duplicated making it heaven for squatters & chaos for the end users.
Future solutions should address to this problem