Chapter 2:The Value of the .btc Domain Name
When I am preaching about BTC domain name , someone asks me, "Is it useful to just inscribe a single inscription?" In my opinion, a domain name is about resolution, binding the domain name to a specific address. Whoever owns that inscription becomes the owner of the domain name, and they can use a wallet to resolve it. This is the simplest implementation. Of course, there may be more complex designs in the future, similar to DID and domain,they also follow the principle of "first is first." If someone inscribes the same text as a previous inscription, the second or third inscription becomes meaningless! Because only in this way can uniqueness be established, just like the default consensus on BRC20 with Ordi.
Furthermore, I believe that BTC domains will have broader applications and greater value.
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