6.2 Components of DNS
Decentralized DNS is comprised of the following main components:
Blockchain: A decentralized blockchain is used to store registration information for domain names and their corresponding IP address mappings.
Decentralized Network Nodes: Nodes on the network are involved in resolving domain names and processing requests by referencing information on the blockchain.
Cryptocurrencies: Decentralized DNS uses cryptocurrencies for transactions related to domain name registration and maintenance, providing incentives within the ecosystem.
By combining these components, decentralized DNS provides a safer and more privacy-conscious way of identifying and accessing resources on the internet. This contributes to the overall goal of the MeleeHub platform.
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