What does RNS mean in the context of cryptocurrency?

3 answers

• Dec 29, 2021 · 3 years ago
  RNS stands for the Root Name System in the context of cryptocurrency. It is a decentralized domain name system built on the Ethereum blockchain. RNS aims to provide a more secure and censorship-resistant alternative to traditional domain name systems. With RNS, users can register and manage domain names ending in .rsk, which is the native extension for the RSK blockchain. This allows users to interact with decentralized applications and websites using human-readable names instead of complex wallet addresses.
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• Dec 29, 2021 · 3 years ago
  RNS, short for Root Name System, is a protocol that enables the registration and management of domain names on the blockchain. It is specifically designed for use with the RSK blockchain, which is a smart contract platform that is compatible with the Ethereum Virtual Machine. RNS provides a decentralized and secure way to associate human-readable names with blockchain addresses, making it easier for users to interact with decentralized applications and send transactions without having to remember long and complex wallet addresses.
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• Dec 29, 2021 · 3 years ago
  RNS, which stands for Root Name System, is a decentralized domain name system built on the blockchain. It allows users to register and manage domain names ending in .rsk, which is the extension for the RSK blockchain. With RNS, users can easily associate their blockchain addresses with human-readable names, making it more convenient to send and receive cryptocurrency. RNS also offers additional features such as subdomains and domain ownership transfer, providing users with more flexibility and control over their online presence.
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