GetDotBit Has Registered Over 700 Decentralized .Bit Domain Names, and Counting

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Daniel Ternyak, CEO and founder of the “no nonsense” .bit domain name registrar GetDotBit, launched his project on April 23. Since then, he has offered no-cost registrations to his customers for their first domain name. Over 700 .bit domains have been registered so far, and he says an end date for the free registrations is “not yet” planned. He continues: “Anyone even remotely interested in Namecoin should go grab [a .bit domain].” CoinTelegraph spoke with Ternyak to find out about the benefits, besides little to no financial cost for the registration, of owning a .bit website. CoinTelegraph: How would you describe GetDotBit to someone who might not know about .bit domains? Daniel Ternyak: GetDotBit allows for easy purchase of .bit domain names. The extension .bit is similar to .com, except it runs on a blockchain network. It’s the Bitcoin of DNS [domain name system]. CT: How many people have actually created a .bit website after registering a domain name? DT: Most people haven’t. .bit is tricky to set up. There are less than 30 actual websites built on the .bit TLD [top-level domain]. We’ve got 707 domains registered, and 698 users. There’s no way to know how many websites are …