Palmare Deepens its Alliance with DotBit

Published on: 09.07.2022

Palmare deepens its alliance with DotBit (previously DAS). Palmare is pleased to associate with DotBit a special NFT ecosystem. DotBit would add a Palmare portal to its website and provide some free .bit for Palmare users and do some activity.

Palmare integrates .bit to show their Web3.0 identity in the location of the display address. Palmare can combine DID with Palmare’s NFTs.

For example, when a user buys Palmare#0001 NFT, he can get Palmare#0001.bit at the same time. It will empower Palmare NFT and have all the basic features of .bit for unified digital currency collections, building decentralized homepages, etc.

GETTING TO KNOW WITH .BIT

Furthermore, .bit is a blockchain base, open-source, decentralize cross-chain account system that provides a worldwide unique naming system with a .bit suffix that can be use in different scenarios, such as cryptocurrency transfer, domain name resolution, identity authentication, etc.

The .bit is the first decentralized account system with broad compatibility, allowing users to register and manage their .bit accounts with any public chain address or even email.

The core elements of a .bit account contain the owner/manager, and the record (i.e. the data associated with). Unlike ENS, the owner/manager of .bit can be any public chain private key or even email; unlike DNS, .bit supports any type of record.

Moreover, .bit is a decentralized application running on Nervos CKBopen in a new window. Additionally, .bit accounts and related records are stored on the permissionless blockchain. Nervos CKB is a PoW public chain with a highly open architecture using the UTXO model.

.bit has five main components:

Core Protocol — This refers to a series of Lock Scripts and Type Scripts deployed on Nervos CKB. They define .bit accounts and the related operational standards for .bit accounts and are the concrete implementations of the .bit core protocols.
Keeper — A set of off-chain programs that can be run by anyone without permission, and is responsible for triggering a series of transactions that conform to the core protocol. Running a Keeper earns .bit system rewards.
Resolution Service — It resolves the global state of .bit based on the transactions on Nervos CKB and provides account resolution service to the public in the form of an interface.
Client SDK — Includes SDKs in various languages to simplify the integration of mobile wallets, web wallets, server wallets, and other .bit-related applications.
Dapp UI— Users ultimately use various features of .bit through a variety of application interfaces. These applications can be use directly in the browser or can integrates into popular wallet software.