EXIP is a Blockchain DNS solution that is available to all

4 min readJun 19, 2021

What is DNS?

Internet Corporation for Assigned Names and Numbers (ICANN) manages the domain names system. It is a non-profit organisation that creates and implements policies for domain names.

ICANN permits companies called Domain Name Registrars for selling domain names. These domain registrars are allowed to make changes to the domain names registry on your behalf.

Domain name registrars can sell domain names, manage their records, renewals, and transfers to other registrars.

The naming system for the Internet is running a multi-layer model now. Operating systems are typically exposed to a stub resolver. There are no recursive features in a stub resolver and can only submit simple DNS message queries to remote name servers. They are meant to be recursive servers. Recursive servers perform complete DNS iteration on behalf of stub resolvers by going through the nameserver of the zone before obtaining an answer. The name database for a region is called an authoritative server. Authoritative servers can support their records, but they can also send referrals to child zones.

What is a Domain?

The domain name is the address of your website that people type in the browser URL bar to visit your website.

In simple terms, if your website was a house, then your domain name will be its address.

When you enter a domain name in your web browser, it first sends a request to a global network of servers that form the Domain Name System (DNS).

These servers then lookup for the name servers associated with the domain and forward the request to those name servers.

For example, if your website is hosted on EXIP, then its name server information will be like this:

ns1.EXIP.com

ns2.EXIP.com

What is a Top-Level Domain?

Top-level domain or TLD s are generic domain extensions listed at the highest level in the domain name system.

There are hundreds of TLDs, but the most popular ones are .com, .org, and .net. Other TLDs are lesser-known. For example, .biz, .club, .info, .agency, and many more.

Generally, you can divide TLDs into three types:

Generic top-level domains (gTLD) — Roughly all domains that are not associated with a country. The most known are com, org and net. All gTLDs fall under ICANN’s policies.

Country-code top-level domains (ccTLD) — All domains identified with a country or geographical location, for example, de, nl or dk. A ccTLD always consists of two letters.

Sponsored top-Level Domain — sTLD-Sponsored top-level domain or sTLD is a category of TLDs with a sponsor representing a specific community served by the domain extension. For example, .edu for education-related organisations, .gov for the United States government, .mil for the United States military, and more.

Over the last years, many new TLDs have become available, for example, .agency, .email or .house. At One.com, you can choose from more than 250 different TLDs.

TLD Pricing Structure

Starting price of TLD is 1$

Every 250 TLD 1 USD will increase until 25000 TLDs

After 25000 TLDs maximum price of 1 TLD will be 100 USD

Users should pay only a lifetime of one payment for the TLD.

If the TLD owner allowed to create Domains under the TLD, and whenever someone makes a Domain

21% of the purchase price will be staked for EXIP token owners,

10% will go to TLD owner,

40% will go to the EXIP ecosystem

19% for node runners

When a user auctioned a Domain

70% to the domain owner

20% to the TLD owner

5% stake to the EXIP token holders

5% to the EXIP ecosystem

When a user auctioned a TLD

80% to the TLD owner

10% stake to the EXIP token holders

10% to the EXIP ecosystem

The nodes that run by the community will act as a decentralised ledger with the set of domain names to be resolved.

When users hosting domains

21% will stake to token holders

30% will stake to the nodes

39% will be for the EXIP ecosystem

10% will stake for TLD owner

What EXIP aims to provide as security features are of the following:

● DNS Spoofing

● DNS Hijacking

● DNS Flood

● Domain Hijacking

● Censorship resistance etc.

Tokenomics

Total tokens: 50,000,000

Token Ticker: EXIP

Initial Token offering : 1,500,000 @ 0.5$

IDO and IEO Sales Offering

Initial Dex Offering : 1,500,000 @ 0.5$

Initial exchange offering 1 : 25,000,000 @0.65$

Initial exchange offering 2 : 12,500,000 @0.75$

Initial exchange offering 3 : 7,500,000 @0.85$

All unsold tokens will be burned at the end of IEO.

TEAM

Shashi

Founder & CEO

Sahan

Project Liaison

Shermilan

Chief Blockchain Officer

Nisal

Head of Financial

Aven

Head of R & D

Jaje

Blockchain Officer

Tharaka

CISO

Gayan

Head of HR & Administration

Conclude

The concept of blockchain-based decentralized internet is gaining popularity among users due to its promising properties. Actual implementation requires a pragmatic and balanced approach across the ecosystem. EXIP solves most of the problems that exist today. However, we all need to take serious steps to protect our internet and ensure that it remains independent and neutral, free from outside political prejudice. You can also find information about that on the website where the team is currently announcing seeking a $1 million investment… of course they are working on projects, but it’s too early to tell. any correct conclusions. I think this company needs special attention and more observation and action.

For more information:

Website: https://www.exip.live/

Whitepaper: https://bit.ly/3bf8D56

Telegram: https://t.me/exipofficial

Twitter: https://twitter.com/ExipOfficial

Facebook: https://www.facebook.com/exipproject

Medium: https://medium.com/@exip

Linkedin: https://www.linkedin.com/company/exiptoken