What is DocDomain Chain (what is Word Domain)

What is DocDomain Chain? DocDomain Chain is a new blockchain technology based on game theory, which provides a distributed file system solution. It utilizes consensus algorithms to achieve storage space sharing and data privacy protection.

Due to its decentralized nature and advantages in security, it has experienced significant price fluctuations. When users asked why they should use DocDomain Chain for payments on August 16, 2018, it was considered a great investment opportunity. However, it has proven to be a risky method due to its high cost and difficulty in tracking. Nevertheless, over time, this situation will gradually improve. (Bitcoin)

What is Word Domain

According to cryptoglobe news, Word (Domain) is an open-source, distributed application based on web3. Through its underlying technology, it helps developers easily build various products and services with seamless integration. Currently, there are tens of thousands of users from more than 50 countries around the world using this system for application and project deployment, with the majority of users coming from the United States.

Regarding what Word is, we can summarize it in one word: “domain.” In other words, “domain” is a way of storing data. The files included in this storage contain account names, public keys, private keys, etc. It is similar to traditional databases, but they are managed by nodes and cannot be tampered with. Because its consensus mechanism is fully decentralized, anyone can participate in this process without interference from specific content or events, making it an open database.