Crypto: Solana Name Service reinvents .sol Domain Names

Crypto: Solana Name Service reinvents .sol Domain Names

full version at cointribune

The Solana Name Service (SNS) unveils its new identity, marking a major turning point for .sol domains. This strategic transformation strengthens its role as a key player in digital identity management on the Solana blockchain, opening up new perspectives for the Web3 ecosystem.

A strategic evolution for digital identity

Launched three years ago under the name Bonfida, SNS has experienced rapid growth. The rebranding reflects its ambition to improve the decentralized domain name infrastructure. This change meets the expectations of the Solana community and .sol domain holders.

Our new SNS identity aligns perfectly with our mission as the fundamental infrastructure of the Solana ecosystem. It also enhances the visibility and importance of .sol domains in the burgeoning Web3 landscape,” emphasizes the SNS team.

The numbers speak for themselves: the service has already forged a network of over 115 strategic partnerships and registered an impressive total of 247,000 domain names. 

The native crypto, $FIDA, plays a central role in this ecosystem, offering tangible benefits to users while serving as a lever for the platform’s continued expansion.

A promising future for SNS

In a statement, the SNS team outlined its roadmap: “We position SNS as the backbone of on-chain identities. Our goal is to associate every public key with a .sol domain and establish SNS as the reference blockchain name service.

The rebranding is accompanied by technical initiatives, including the partial open-sourcing of SNS code. “We are eager to deploy these innovations with our community”, the team clarifies.

In short, SNS is committed to driving innovation and prioritizing user needs. Its aim is to become Solana’s most trusted protocol for Web3 identities. This transformation positions SNS at the forefront of the future of digital identities on Solana, paving the way for increased adoption of Web3 technologies.

Recent conversions

0.03 SOL to AUD 1.9 BTC to AUD 1150 PLN to ETH 0.0005 BNB to CZK 1 INR to MNT 28900 ISK to GBP 1 STEEM to ETH 1 MATIC to NOK 0.33 BTC to USD 0.10000000 BTC to BTC 9.5 ETH to BTC