Bitcoin Name Service (BNS) Explained: A Guide to .BTC Domains
Bitcoin Name Service (BNS) is like a special list that helps you remember and find websites. Instead of long and hard-to-remember addresses, you can have a simple and easy .btc name. It's like having a name for your favorite website that only you can use. BNS is special because it works in a different way than regular website lists. It is spread out and nobody can stop you from using it.
To get your own .btc name, you need to have a special wallet that can support it and some special tokens.(STX tokens) You can buy a .btc name by looking for the name you want, making an account that is connected to Bitcoin, and paying using the special tokens. It costs 2 of these special tokens(2STX), and you also have to pay some extra fees.
If you can't find the name you want, you can try to buy it from someone who already has it. They might be selling it in secondary marketplaces.
BNS names provide users with unique Web3 identities and simplify transactions.
Steps to buying a domain include
1. Searching for the desired name.
2. Creating a Bitcoin-connected Stacks account
3. Completing the purchase by sending 2 STX.
