Simplifying Bitcoin Addresses Using DNS

Bitcoin Magazine

This is an opinion editorial by Mark Jeftovic, cofounder and CEO of easyDNS Technologies Inc. and author of “Managing Mission Critical Domains and DNS.”

From the moment I discovered Bitcoin back in 2013, I knew there would eventually have to be a way to reference wallet addresses using human-readable labels.

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The big problem with Bitcoin’s long addresses is that they are not memorable, and despite the pseudonymous or anonymous features of Bitcoin, a lot of the time you want to be able to easily assert or verify that a wallet address belongs to a specific entity — think donations to a charity or a crowdfund. This affects every blockchain.

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What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

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