Can someone please give me an idea about BitDNS? And what is it all about?
BitDNS was proposed by Satoshi Nakamoto. The goal of BitDNS project was to extend Bitcoin’s technology to a domain name service. Satoshi wanted to expand the software to support transactions for registering, updating, and transferring domains. Later on, BitDNS turned into an Altcoin, namely, Namecoin.