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Non-Fungible Domain

Intermediate

A non-fungible domain is a blockchain-based digital address that replaces complex wallet addresses with simple, human-readable names (e.g., yourname.crypto). These domains are unique, owned by individuals, and not subject to control by central authorities. They are used in Web3 for sending crypto, creating decentralised websites, and linking digital identities, simplifying crypto usage and increasing accessibility. Platforms like Unstoppable Domains and Ethereum Name Service (ENS) offer such services.

Related Words

Nonce

Advanced

A nonce (number used once) is a value adjusted by miners in Proof of Work consensus mechanisms to find a valid hash during the mining process. It plays a key role in verifying transactions and securing blockchain data.

NFT

Beginner

A Non-Fungible Token (NFT) is a one-of-a-kind digital asset stored on a blockchain. Unlike regular cryptocurrencies, NFTs are unique and often represent digital art, music, in-game items, virtual property, etc.

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