Flash News: Okx Wallet Now Integrated With Bitcoin Name Service System

By Author: Ollie
Total Articles: 28
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OKX Wallet has recently implemented integration with the Bitcoin Name Service System (BNSx) protocol. This integration offers OKX Wallet users the capability to register and utilize simple, human-readable .bnsx domain names in place of lengthy and intricate Bitcoin addresses.

BNSx operates as a decentralized naming protocol that is constructed on the Bitcoin and Lightning networks. It empowers users to associate easy-to-recall domain names such as alice.bnsx with Bitcoin addresses, thereby simplifying the process of sending and receiving BTC while reducing the likelihood of errors. BNSx utilizes RGB smart contracts and the Lightning Network to facilitate rapid, cost-effective, and private transactions associated with registered names.

With the incorporation of BNSx into OKX Wallet, users can now conveniently register .bnsx domains directly within the application and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be seamlessly received by the owner's linked OKX Wallet. Additionally, users have the ability to send BTC to other .bnsx names, with the recipient's domain being mapped to their BTC address.

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