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In a nutshell, it’s a domain name for your crypto wallet. It works just like it does on the internet (like www.thenextweb.com) and helps you easily find a site. A .eth domain name makes it easier to link to your wallets and apps on web3.
Technically, your wallet address looks something like this: 0xD8046FBC80020b35c7d90B4Cb2C04FfA7446AE25.
This string has 42 characters, so there’s no way in hell you’re going to remember it. So if a friend asks you for your wallet address, it’s easier to send them “blah.eth,” rather than this long string.
Plus, if you get even one character in the string wrong, you might end up sending cryptocurrency to someone else — and there might be no way to recover those coins.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/securite-pc-et-internet/?&tag=crypto-currency
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?&tag=Tim+BERNERS+LEE
https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Web3.0
In a nutshell, it’s a domain name for your crypto wallet. It works just like it does on the internet (like www.thenextweb.com) and helps you easily find a site. A .eth domain name makes it easier to link to your wallets and apps on web3.
Technically, your wallet address looks something like this: 0xD8046FBC80020b35c7d90B4Cb2C04FfA7446AE25.
This string has 42 characters, so there’s no way in hell you’re going to remember it. So if a friend asks you for your wallet address, it’s easier to send them “blah.eth,” rather than this long string.
Plus, if you get even one character in the string wrong, you might end up sending cryptocurrency to someone else — and there might be no way to recover those coins.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/securite-pc-et-internet/?&tag=crypto-currency
https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Web3-Development
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/21st-century-innovative-technologies-and-developments/?&tag=Tim+BERNERS+LEE
https://www.scoop.it/topic/21st-century-innovative-technologies-and-developments/?&tag=Web3.0