Blockchain Scoops

Chinese University Proposes Managing Web Domains On a Blockchain

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A major Chinese university has proposed using blockchain technology to better manage web domains. The university has also applied for a patent at the U.S. Patent and Trademark Office. The Shenzhen Graduate School at Peking University is behind this research. It’s exploring methods to improve security and efficiency for managing top-level domains with the help of blockchain technology.

The system that is currently in use is also based on a distributed system. But the research claims there are “technical problems”. They cite an example saying, the current distribution of root name servers is uneven around the world. This is what the patent filing says: As the blockchain “invention” shares data in a “public and immutable way,” it says, “trusted agencies and even individuals can access information on blockchain and build a corresponding seed file database to store the mapping relations between the top-level and sub-domain name system.”

Advantages Over The Current System :

The new system claims that all regions can set up domain name servers independently according to their needs. Independence is good all sectors alike. This would mean one region would not be bogged down if another is experiencing high traffic. The proposed system also separates the domain name system into two layers. Each layer will correspond to a sub-domain name system. The holder of the Top Level Domain, a country for example, can decide their own sub-domain name system. “Therefore, the sub-domain name system can be designed as either a centralized system or decentralized system according to the institutions’ wishes.

All of this also comes with the basic advantage that blockchain provides, no small group can control the whole thing. That’s the whole point of decentralization and blockchain. This even better than Cryptocurrencies as they are prone to a 51 percent attack. This means that, anyone who has access to half of the network can declare transactions in their favor. Similar to basic company econoimics. But this system only allows “trusted” nodes to bypass the proof-of-work mechanism.

The team further claims that the system totally supports the existing internet. Its a system that aims to improve security and reliability over the systems that are currently in use.

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