Unstoppable Domains, a company that creates blockchain domain names, announced today that Litewallet, the Litecoin Foundation’s best mobile wallet, will integrate .crypto blockchain domains. Starting today, Litewallet users can transact with human-readable addresses supported by .crypto domains [ex: brad.crypto] bought over unstoppable domains. Through the partnership, the Litecoin Foundation aims to create a better user experience for sending and receiving cryptocurrency payments.
The Litecoin Foundation was a pioneer in cross-chain interoperability as it was involved in the first atomic exchange between the Bitcoin and Decred networks. More recently, Litecoin and Cardano have come up with plans to carry a velvet fork bridging their two chains. Due to the compatibility of .crypto domains with more than 35 wallets and 80 supported cryptocurrencies, the Litecoin Foundation and Unstoppable Domains expect the collaboration to be a decisive next step towards a unified and smooth cryptocurrency ecosystem.
“Interoperability with .crypto domains will be the big driver for great user experiences,” said David Schwartz, project leader at the Litecoin Foundation. “The Litecoin Foundation is constantly looking for new ways to expand the crypto ecosystem. This partnership with Unstoppable Domains will help build bridges across wallets so users can easily hold and transfer assets.”
Brad Kam, Co-Founder of Unstoppable Domains, added, “We are seeing a growing number of use cases for blockchain domains as the blockchain industry continues to make crypto payments easier and more accessible. We are excited to be working with the Litecoin Foundation to help help optimize cross-wallet payments and strengthen the broader crypto landscape. “
The integration into the Litecoin Foundation coincides with the unveiling of the App Store function through Unstoppable Domains. In the App Store, unstoppable domain users can browse applications in a number of categories accessible from their domains. In addition, developers can advertise their applications to domain owners and thus cement unstoppable domains as an all-in-one hub for blockchain applications. Litewallet will be among the first applications in the App Store for unstoppable domains.
The story goes on
The launch of the App Store takes place amid an increase in craze for cryptocurrencies and aims to further bridge the gap between disparate blockchain ecosystems while simplifying the user experience for new and existing users.
To date, Unstoppable Domains has registered nearly 500,000 blockchain domain names.
Visit www.unstoppabledomains.com to register for a .crypto domain, trade with LTC, or browse the App Store.
About the Litecoin Foundation:
The Litecoin Foundation is a Singapore registered non-profit organization (Litecoin Foundation Ltd. UEN: 201709179W). Our mission is to advance Litecoin for the good of society by developing and promoting cutting-edge blockchain technologies.
Litewallet was created and maintained by the Litecoin Foundation. Developers interested in future Litewallet development or other LF projects can contact the foundation below.
Via unstoppable domains:
Unstoppable Domains is a San Francisco-based company that creates domains on blockchains. The company is supported by Draper Associates and Boost VC, and has received grants from the Ethereum Foundation and the Zilliqa Foundation.
Visit www.unstoppabledomains.com for more information.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20210114005257/de/
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