1 Abstract
Internet navigation today rents you a name. Renewal fees, registrars, censorship and opaque pricing — ownership is never real. BlockDNS replaces DNS with an on-chain registry: a .bdns domain is an ERC-721 NFT minted once, held forever, and resolvable to IPFS content plus wallet bindings for ETH, BTC and SOL.
Registration is a single, on-chain action paid in BDNS — the protocol token. Common names (5+ characters) mint for free; short premium names are priced dynamically, burning 50% of the payment and routing 50% to the treasury. No subscriptions, no renewals, no rent.
2 The problem: you don't own your name
- Rent, not ownership. Every traditional domain expires. Miss a renewal and your identity, email and brand can be hijacked.
- Centralized control. Registries, governments or quirks of a single corporation can seize or censor a name at any layer.
- One name, many islands. Your website, crypto addresses and social handles live in disconnected silos — proving ownership of a brand is manual and fragile.
3 Solution: BlockDNS L2
BlockDNS runs as a fast, low-cost L2 chain (chain ID 84532). Every domain, record and payment lives on-chain — auditable forever and owned by a single wallet.
The stack keeps the familiar mental model of DNS while replacing the authority: a registry contract mints and owns domains, a pricer sets dynamic fees, the BDNS contract is the store of value, and a marketplace lets holders trade names in a trustless escrow.
4 How .bdns domains work
- A domain is an ERC-721 NFT. Minting burns the chosen name into the registry forever — no two wallets can own the same name.
- The mint of a 5+ character name is free. Premium short names pay a one-time, on-chain dynamic price in BDNS.
- Owners attach an IPFS CID: keccak name resolution serves content over any IPFS gateway — truly decentralized hosting, pinning-free to read.
- Owners bind wallet records (ETH, BTC, SOL and any chain) to a single domain, turning it into a portable, battle-tested digital identity.
- Ownership is liquid: a domain can be sold on the marketplace or transferred through standard ERC-721 primitives.
5 The BDNS token
- Supply: hard cap of 1,000,000,000 (1B)
BDNS, an ERC-20 on the BlockDNS L2. - Utility: payment for premium registrations and marketplace purchases; the accounting unit of the whole protocol.
- Distribution: genesis issuance, protocol treasury and a community staking reward for the top-10 stakers — all on-chain and auditable from day one.
6 Token distribution
1,000,000,000 BDNS is the absolute maximum supply. The allocation below is on-chain from genesis — no hidden mints, every wallet divisible and verifiable at any block.
| Allocation | Share | BDNS (of 1B) | Unlock schedule |
|---|---|---|---|
Ecosystem & Treasury | 60% | 600,000,000 | 1% at TGE, then 99% linear over 60 months |
Launch & Liquidity | 15% | 150,000,000 | 100% locked at TGE (DEX/CEX LPs) |
Team & Advisors | 10% | 100,000,000 | 6-month cliff, 24-month vesting |
Marketing & Partnerships | 5% | 50,000,000 | Linear over 60 months (~833,333/month) |
Community Staking Leaderboard | 5% | 50,000,000 | Decaying release over 48 months, top 10 |
Chain Reserve | 5% | 50,000,000 | Managed by Protocol Treasury |
The largest share. 1% unlocked at TGE, the remaining 99% vests linearly over 5 years for integrations, operations and chain growth.
100% locked at TGE and committed to DEX/CEX liquidity pairs — a deep pool for safe, slippage-free trading.
A 6-month cliff plus 24 months of linear vesting keeps builders aligned with the protocol for years, not days.
A decaying (halving) release over 48 months for the Top 10 stakers on the leaderboard.
Linear monthly vesting over 5 years — ~833,333 BDNS per month to fuel partnerships and campaigns.
Managed by the protocol treasury for future network upgrades and validator incentives.
7 How the token flows — mechanics
BDNS moves in full-circle, transparent loops. Every flow is a smart contract transfer — no off-chain ledger, no discretion.
Mint costs 0 BDNS. Creates a namespace asset at no cost — the grassroots flywheel of the protocol.
A one-time on-chain price paid in BDNS: 50% is burned (deflation) and 50% flows to the treasury.
When a domain sells, the buyer pays the listed price in BDNS; a 2.5% fee is routed to the treasury and the seller receives the rest instantly.
The top-10 stakers share the decaying leaderboard reward; unclaimed rewards roll back to the ecosystem treasury.
Accumulated BDNS returns to the ecosystem as liquidity, grants and chain incentives — completing the loop.
mint(premium) → burn 50% + treasury 50%
sale → buyer(-100%) → seller(+net 97.5%) + treasury(+2.5%)
staking top-10 → reward wallet · unclaimed → ecosystem
total minted on-chain now ≈ 605,138,750 BDNS · remaining ≈ 394,861,250 BDNS
8 Token economy
A short-name payment is split: half is burned (deflationary pressure on BDNS), half flows to the treasury that funds liquidity and chain operations.
5+ character domains cost nothing today and nothing tomorrow — a generous on-ramp that seeds the namespace with activity.
Resales pay a 2.5% fee, instantly split to the treasury. Secondary liquidity feeds the same engine as primary issuance.
9 Protocol architecture
The protocol lives on the BlockDNS L2. Lookups and registrations resolve in the registry layer, while settlement value sunsets to a Layer 1 bridge — one chain-wide namespace, settled on-chain.
Diagram 1 - Layer 2 Flow
Diagram 2 - Global network map
10 Community staking reward
The community allocation (5% · 50M BDNS, "Community Staking Leaderboard") rewards the top-10 stakers on the BlockDNS L2 through a decaying release across 48 months. The reward model:
- Staking-first: rewards are earned by the top-10 stakers by weight — allocation follows participation, never a silent claim window.
- Decaying schedule: the leaderboard share releases on a halving curve over 48 months, keeping incentives aligned long-term.
- Unclaimed rewards roll back into the community staking pool — nothing is ever silently minted again; everything is reused on-chain.
The live L2 demo ships the same leaderboard mechanism for hands-on testing; mainnet uses the identical contract layout.
11 The marketplace
The BlockDNSMarketplace escrows domains on-chain: a seller lists a token for a price in BDNS, the NFT moves into the contract, and any buyer pays directly — the fee splits to the seller and the treasury, and the domain transfers instantly. No intermediaries, no off-chain trust, no settlement risk.
Swap and bridge round out the economy: anyone can swap ETH ⇄ BDNS against on-chain liquidity ($0.05 flat fee to the treasury) or bridge BDNS across layers ($0.10 flat fee).
12 Security & ownership
- Domains are standard, battle-tested ERC-721 tokens — owners keep custody in their own wallet.
- The marketplace, staking vaults and royalty splitter use audited OpenZeppelin patterns: reentrancy guards, safe transfers and non-custodial escrow.
- Everything — price, burn, treasury, sales — is public ledger data. Governance-free, deterministic and permissionless to verify.
- This live build is an open protocol demo on a local L2; mainnet parameters mirror the same design.
13 Roadmap
- Phase 1 — Naming core. Registry + pricer + BDNS + public dashboard. Live in this demo.
- Phase 2 — Content. IPFS pinning and gateway resolution for every domain. Live in this demo.
- Phase 3 — Liquidity. On-chain marketplace for domain resales. Live in this demo.
- Phase 4 — Identity. Verified web3 handle — multi-chain records, ENS-style resolution DIDs.
- Phase 5 — Scale. Mainnet deployment, bridge integration and multilingual UI.
This whitepaper describes the protocol as implemented in the running demo. Nothing in here is investment advice; token values accrue solely from protocol utility. Decentralize responsibly.