What is BNS?

BNS is an abbreviation for Beldex Name Service, which may be your social name, a website domain address, or even your Bchat ID. To make it easier to grasp, BNS names can be compared to current usernames on platforms such as X and domain names like https://www.coinmarketcap.com or https://www.beldex.io.

BNS names were established to help users quickly recognize, remember, and verify your BChat IDs, and the associated wallet addresses. This is because existing identifiers such as BChat IDs, Wallet Addresses, and BelNet Addresses are long and complex. It is not humanly possible to remember them at all times.

However, there is more to BNS names than just that. Beldex Name Service, supported by the Beldex blockchain, is a decentralized name service for BChat (https://bchat.beldex.io) and BelNet (https://belnet.beldex.io).

  • Since a BNS Name is similar to a username, a BNS name can be considered a private username on the Beldex blockchain. BNS Names act as the alternative to the 64 character long alphanumeric BChat IDs.

Example of a BChat ID:

bdb890a974a25ef50c64cc4e3270c4c49c7096c433b8eecaf011c1ad000e426813

  • BNS for BelNet is a domain name system capable of hosting private and decentralized applications called MNApps. This is the alternative to the complex BelNet addresses.

Example of a BelNet address:

http://675wmqqbzg6nqs688e1n3bti6ter4kt5q4u5bs1c4quutpnyxsxy.bdx/

How Does BNS Differ From Other Domain Name Services?

Paul Mockapetris, a computer scientist from the United States, invented the Domain Name Service (DNS) in 1983. It was inspired by the work of another American scientist, Elizabeth Feinler.

Simply put, the DNS aims to link internet protocol (IP) addresses with human-friendly domain names. This allows users to provide the website's name rather than the precise numeric IP address.

In a similar but distinct manner, Beldex Name Service aims to make it simpler for users (as well as programs) to read and distribute cryptocurrency addresses.

A .bdx name/domain is intended just for Beldex wallet addresses, the associated BChat IDs as well as the BelNet addresses. It is a distinct domain extension different from other online domain extensions such as .com and.org. It exists on the Beldex blockchain.

Top 12 Reasons To Choose BNS Domain

Using decentralized domain name services like the Beldex Name Service (BNS) offers several compelling advantages, making them increasingly popular in the blockchain and decentralized technology space. Here are some of the top reasons to use these services:

1. Censorship Resistance:

The Beldex Name Service (BNS) is a decentralized system, which means that no one party owns or controls it. Traditional domain registrars can be subject to government or corporate restrictions, leading to domain seizures or takedowns. With decentralized services like the BNS, users have more control over their domain, reducing the risk of censorship. Users, though they subscribe to their domain names for a specified period, completely own the name/domain after the purchase of the same, as opposed to leasing it.

2. Ownership and Control:

Owning a decentralized domain name gives users greater control over it. Users hold the private keys, which means they can update, transfer, or modify the ownership of associated addresses or content without relying on intermediaries.

3. Eliminating Intermediaries:

Traditional domain registrars and DNS providers act as intermediaries in the domain registration process, often requiring varying registration fees, inflated brokerage fees, and trust in third parties. Decentralized domain services reduce the need for intermediaries, enhancing user autonomy, security, and reducing costs.

4. Blockchain Integration:

Decentralized domain services often leverage blockchain technology. This integration provides transparency, immutability, and security, ensuring the accuracy and integrity of domain data. The BNS leverages the Beldex blockchain. In addition to the aforementioned, BNS domains provides its users with enhanced privacy.

5. Interoperability:

The BNS name/domain services can work across various decentralized applications such as BChat, BelNet, and the Beldex wallet, making it easier to use the name/domain for different applications and services within the blockchain ecosystem.

6. Enhanced Security:

By using the Beldex blockchain and the underlying strong cryptography, BNS domains offer a higher level of security compared to traditional domains. This can protect you from various attacks and vulnerabilities. For example, traditional domains are subject to DNS attacks such as Man-in-the-Middle attack, Registrar & Registry attacks, Pharming, IP spoofing and redirecting, DNS spoofing, DNS tunnelling, Distributed Denial of Service (DDOS) attacks etc.

Since blockchain based domains provide higher security, most of these attacks are either negated or made highly expensive to be carried out. In addition to this, BNS domains do not reveal the IP address of the underlying domain. IP addresses are masked and every request/response is routed through the onion routing protocol, BelNet. This ensures the safety of both the users and the host.

7. Decentralized Private Websites:

With a decentralized domain, you can create decentralized websites hosted on IPFS (InterPlanetary File System) or similar platforms. These websites are less vulnerable to outages and censorship, as content is distributed across a network of nodes. In Beldex, the decentralized websites (MNApps) are also masked by the BelNet onion routing protocol.

8. Easy-to-Remember Addresses:

BNS names/domains make it easier to interact with Beldex wallet addresses, BChat accounts, and BelNet addresses which are long and complex. Instead of sharing a lengthy hexadecimal address, you can use a user-friendly domain name.

9. Payment Addresses:

BNS names can be linked to Beldex wallet addresses, making it simpler for users to send or receive BDX. This is particularly useful for services or businesses that accept payments in BDX.

10. Community Building:

Decentralized domain services often foster a sense of community, as users create, register, and trade domain names within the ecosystem. This can be valuable for branding, marketing, and networking within the Beldex community.

11. Global Reach:

BNS names/domains are accessible worldwide, irrespective of geographic boundaries or restrictions. This provides an opportunity to engage with a global audience.

12. Future-Proofing:

As the Beldex blockchain ecosystem evolves, so do BNS names/domains. They are adaptable and can incorporate new features and standards, ensuring that your domains remain relevant and functional in the long term