Project Concept

We propose creating a new type of domain registrar that uses smart contracts instead of traditional accounts to determine domain management rights.

How It Works

1. When transferring a domain to this registrar, functions in the smart contract are called to add the new domain.
2. The address of the smart contract that has the rights to sign changes related to this domain is specified.

Advantages

1. Decentralized Management: Domains do not depend on an individual's email.
2. Flexible Management: Ability to use multi-signature or DAO voting for decisions on DNS record changes.
3. Security: Use of cryptographic protection methods instead of passwords.
4. Transparency: All changes are recorded on the blockchain.

Technical Implementation

1. Integration with Existing DNS: The service functions as a regular centralized registrar, fully compatible with the existing DNS infrastructure.
2. Support for Popular Domains: Ability to transfer and manage top-level domains (.com, .net, etc.).
3. Auto-Renewal: The system automatically renews domain registration by deducting funds from the smart contract.
4. Open Balance Top-Up: Any user can top up the contract balance for a specific domain without the need for authorization.

Potential Applications

• For DAO projects
• For collaborative business projects
• For personal use (using a wallet instead of email for ownership confirmation)

Questions for the Community

1. If such a project were implemented and announced by one of the top 10 existing domain registrars, would you use it for your new project?
2. Would you consider using this service for your personal domains?
3. What additional features would you like to see in such a service?
4. How do you assess the potential of this technology for managing digital assets in the future?