AssurePro formed a Partnership with DotBit

Published on: 12.10.2022
AssurePro Partnership with DotBit

AssurePro Partnership with DotBit, a blockchain-based, open source, decentralized cross-chain account system.

What is exactly is DotBit?

DotBit platform provides a worldwide unique naming system with a .bit suffix that can be used in different scenarios, such as cryptocurrency transfer, domain name resolution, identity authentication, etc. As AssurePro formed a Partnership with DotBit.

.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.

.Bit Five Main Components

  1. 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.
  2. 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.
  3. 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.
  4. Client SDK – Includes SDKs in various languages to simplify the integration of mobile wallets, web wallets, server wallets and other .bit-related applications.
  5. Dapp UI – Users ultimately use various features of .bit through a variety of application interfaces. These applications can be used directly in the browser or can be integrated into popular wallet software.

.bit Ecosystem

  • Registrars – They provide interfaces for users to register/manage/trade .bit. Their role in the .bit ecosystem is just like GoDaddy in the internet domain ecosystem.

  • Data Providers – They provide all kinds of data about .bit for users to track the performance of .bit.

  • Marketplaces

  • Applications – They integrate .bit to better serve their customers. Some of the apps are even born for .bit.

Website | Twitter

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About AssurePro

Assure is a Web3.0 multi-chain crypto aggregation service platform, dedicated to becoming the traffic portal for millions from Web2.0 to Web3.0. Assure is not merely a wallet for crypto assets management but also carries the web3.0 users’ fancy vision for the multi-functional interactive wallet

Website | Twitter

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