.bit domains
To access a website, a browser first finds the IP address associated with the domain. These domain name and IP address mappings are stored in DNS servers, which are controlled by large companies and governments. Therefore, domain names are prone to censorship. Governments and companies usually block domain names if the website is doing something illegal or making loss for them or due to some other reason.
Due to this, there was a need for a decentralized domain name database. As Namecoin stores key-value data just like DNS servers, Namecoin can be used to implement a decentralized DNS, and this is what it has already been used for. The d and ds namespaces contain keys ending with .bit, representing .bit domain names. Technically, ...
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