Features and Benefits
Page Spec
Item | Content |
|---|---|
Page URL | /discover |
Page Title | FIO Protocol - Features and Benefits |
Design | https://www.figma.com/file/n33HwJfIuwy068A7G0Bdpg/FIO-Website?type=design&node-id=281-2733 |
Section Content
Get to Know the FIO Protocol
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It all starts with handle
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Features
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FIO Request
FIO Chain
NFT Signature
FIO Data
Benefits
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Differentiators
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Not a web domain
FIO Handle is designed to be a web3 handle and not a web domain. Although, FIP-44 proposed such an enhancement to the Protocol, it was not adopted by community. If a protocol is competing with ICANN, the undisputed global authority on web names, they risk significant hardship for their users when new TLDs are ultimately awarded to different entities than those claiming to control them on the blockchain today. FIO Handle is purposely designed without a TLD, so that it can better adopt to whatever naming regime prevails. For example, FIO Handle could simply be appended with a TLD, e.g. user@domain.fio
Truly decentralized
FIO Protocol is powered by a public FIO Chain and not controlled by any central entity. Although other naming protocols may also use a blockchain, the creators are often in control of the smart contract. If a single entity can decide which names to sell or can cancel registrations, is it really decentralized? Is the user really in control of their name?
Works with every blockchain
Really! FIO Handles support every token on every blockchain. Most other naming protocols allow their names to be mapped only to certain pre-defined tokens on pre-defined blockchains. FIO Protocol does not have such restrictions. If a new blockchain launches tomorrow, it will be supported without any integration. The Foundation maintains a list of chain, token codes and additional attributes, to make it easy for wallets to communicate using the same standard.