Bitcoin Web3 Identity

    A new initiative, Orange Domains, aims to connect the traditional Domain Name System (DNS) with Web3 identities built on the Bitcoin blockchain.

    Connecting the Dots:

    • Bridging the gap: Orange Domains seeks to create interoperability between traditional DNS addresses and Bitcoin Name System (BNS) addresses.
    • Decentralized functionality: The new Web3 domains will function as NFTs, allowing users to manage websites, emails, smart contracts, and finances from one blockchain-based domain.

    A Collaborative Effort:

    • Orange Domains is a joint venture between:
      • Trust Machines: A Bitcoin infrastructure development firm.
      • Tucows: An internet services company specializing in domain names.
      • Hiro: A firm building developer tools for integrating Web3 with Bitcoin.

    Industry Impact:

    • Dave Woroch, CEO of Tucows Domains, believes Orange Domains will set a new standard for domain names and Web3 identity.
    • He emphasizes Tucows’ experience and expertise in bridging Web3 with traditional internet experiences.

    Building on Existing Solutions:

    • Orange Domains will expand the functionality of the BNS namespace built on Stacks, a leading Bitcoin layer-2 network with smart contract capabilities.
    • Currently, users can buy .btc Web3 identities on BNS, registered directly on the Bitcoin network.

    A New Era for Web3 Identity:

    • Don Ruiz, general manager of Orange Domains, sees this initiative as a game-changer for Web3 digital identity.
    • He highlights the potential to expand the “new economy” of Bitcoin applications, further adding value to the entire ecosystem.

    Orange Domains signifies a significant step towards a more unified and user-friendly Web3 experience, leveraging the established functionalities of both the traditional internet and the Bitcoin blockchain.

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