Project EXIP is Blockchain DNS Solution for everyone

5 min readJun 20, 2021

About

We can set aside time for high-level development into two unquestionable times: before the web and after the web, these are the ways in which the World Wide Web is dangerous. The web shoot has changed the way we trade, transfer, share information, develop business, access, learn, and so on.

EXIP is here as a segment that will undermine the web and strike an autonomy over regional names and undeniable rank spaces. EXIP is a category that offers a variety of features and game programs that join NFTs and DNS action courses, allowing customers the option to view their location and region undeniably and have unlimited authority over its use. With any individual, private or public base they can solve their DNS course issues and get benefits from the tokens they carry.

What is EXIP?

EXIP is designed to decentralise the internet and overcome monopolistic control over domain names and Top-level domains. A Blockchain DNS solution where an agnostic NFTs prefered by you identifies your domain & Top-Level Domain. EXIP DNS is blockchain-based, and the owner of the respective domain & top-level domain has complete control of its usage, even the provisioning of new domain names cum subdomains.

EXIP ecosystem

EXIP ecosystem is custom-built to the needs of any individual, private or government institution. EXIP token is an agnostic usage & governance token releasing initially based on the Binance chain. EXIP tokens will be used to buy, sell, and auction domains & top-level domains, while token holders will get staked when domains & TLDs are purchased & auctioned.

EXIP Browser & Browser Extension

EXIP browser & Extension will enable users to access blockchain-based DNS technologies where everything progresses with a zero-knowledge policy. No one will own the internet but the community. Giving the security of an intranet meanwhile and providing the connectivity of the internet. Only then we can build a genuinely free and open internet.

Decentralised Hosting

Users can also host their decentralised static websites via IPFS with a few buttons clicks from the DNS reservation system once they own a domain.

EXIP Token

EXIP token is an agnostic usage & governance token releasing initially based on the Binance chain. EXIP tokens will be used to buy, sell, and auction domains & top-level domains, while token holders will get staked when domains & TLDs are purchased & auctioned. Token holders have the voting power to seize or revoke any domain or a TLD if the community decides it should not exist.

Decentralised DNS resolvers with EXIP

Traditional DNS servers are entirely centralised and operated by a single entity (ICANN), while EXIP DNS servers would be held and hosted by the public. Anyone can run their nodes by downloading the EXIP node running software package. Users who run nodes will be incentivised with EXIP tokens. In terms of security, EXIP avoids conventional DNS server attacks and hacks, as a single point of attack on a decentralised server will fail. The community will host DNS servers as nodes, which can address decentralised domain names locally or in the cloud, acting as a standard DNS server. When a user types a domain name into the search bar, the code looks up the requested name in the EXIP DNS resolvers first, then in the standard DNS server if it isn’t identified.

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

● DNS Spoofing

● DNS Hijacking

● DNS Flood

● Domain Hijacking

● Censorship resistance etc.

Once the user, either from a web client or mobile client, requests for a website, the EXIP browser or browser extension immediately looks up the Content identifier(CID) for the domain name in the local registry. If available, it will return the CID, and on request from the browser, the webserver would return the HTML files, and the browser would render the website. If a CID is not found in the local registry, the browser will request the CID from the DNS server. The server resolves the CID, and in response, the browser would cache the CID in the local registry and request the HTML files from the webserver.

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

Token Economy

Total tokens issued will be 2,100,000 for any given time. Initially, 2.1Mn EXIP tokens will be minted in BSC (Binance Smart chain) and listed in exchanges. Simultaneously, Ethereum and stellar-based 2.1M EXIP tokens are also minted and locked in the pool wallet. When the EXIP cross 1.1+M(<50%) tokens in the sale, the Ethereum based EXIP Tokens will be listed in the market. When a user wants to convert the Tokens, they can come to the EXIP pool wallet, prove their ownership, and convert the tokens and transfer to their wallets. The rest of the tokens will be sent back to pool accounts. And each chain token price and supply will be the same at any point. Even if the community wants EXIP to create any tokens in any specific blockchain in the future can be achieved by the community voting.

Tokenomics / Exip Token structure

ROADMAP

TEAM

Shashi: Founder & CEO

Sahan: Project Liaison

Shermilan: Blockchain Partner

Nisal: Head of Financial

Aven: Head of R & D

Jaje: Blockchain Partner

Tharaka: CISO

Gayan: Head of HR & Administration

Join us in this Summit >>>

https://synopsis2021.com/ — https://twitter.com/synopsis2021

Stay Tuned : https://t.me/exipofficial

#EXIP $EXIP #investment #domain #blockchain #websites #DNS

CONCLUSION

The social network is very fresh, on the administration telegram says that information about the token will appear in the near future, the site itself is very rough Yes, you can also find information about this on their website, where the team says it is currently looking for an investment of $ 1 million … Of course, they are working on and working on projects, but it is too early to draw more specific conclusions. I think this company deserves some extra attention and on the tab for further observation and action.