Simplifying Bitcoin Addresses DNS – Bitcoin Magazine

This is an opinion editorial by Mark Jeftovic, co-founder and CEO of easyDNS Technologies Inc. and author of “Managing Mission Critical Domains and DNS.”

From the moment I discovered Bitcoin back in 2013, I knew that eventually there had to be a way to reference wallet addresses using human-readable labels.

The big problem with Bitcoin’s long addresses is that they are not memorable, and despite the pseudonymous or anonymous properties of Bitcoin, much of the time you will be able to easily claim or verify that a wallet address belongs to a specific entity — think donations to a charity or a crowd fund. This affects every blockchain.

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