Namefi Partners with Sign Protocol to Interoperate Onchain Signatures with Domain Name Service Authentication
Namefi x Sign Protocol x EIP-3074 = Onchain Signature via Programmable DNS Authentication
San Francisco, 24 April, 2024: Namefi, the first and largest platform that tokenizes domains into NFTs and enables decentralized ownership of domain names on Ethereum mainnet, announces a strategic partnership with Sign Protocol. This collaboration aims to propel the account abstraction standard of EIP-3074 while introducing enhanced security and trust in digital signatures through domain authentication.
Namefi specializes in tokenizing domains, bridging Web2 assets into decentralized applications, and providing onchain DNS management to customers. With a focus on empowering users with decentralized ownership of domain names, Namefi's platform ensures the global uniqueness and integrity of domain identifiers, maintained over three decades of standardization and development.
Sign Protocol's latest venture, EthSign Next, marks a significant pivot beyond EVM-compatible blockchains. Leveraging Arweave's infrastructure, EthSign Next enables users from various blockchain systems, as well as those possessing cryptographic keypairs, to digitally sign, encrypt, and permanently store documents. The platform's intuitive interface and streamlined features facilitate seamless document signing across diverse blockchain ecosystems.
EIP-3074, slated for integration into Ethereum's upcoming Pectra hard fork in late 2024 or early 2025, introduces novel opcodes AUTH and AUTHCALL to the EVM. Termed as "Native Account Abstraction," EIP-3074 allows Externally Owned Accounts (EOAs) to mimic contract behavior, enabling contract calls and sponsorships of transaction gas fees, unlike ERC-4337. This innovation significantly reduces friction in Ethereum usage and unlocks new use cases across the ecosystem.
Namefi's strategic partnership with Sign Protocol is poised to revolutionize digital signatures by incorporating domain authentication into the signing process. By associating signatures with human-readable domain identifiers, users gain clarity and trust in the signer's identity and authority. This distinction is paramount in digitized workflows, ensuring both social and cybersecurity standards are upheld.
Moreover, domain authentication enhances the power and context of digital signatures, enabling clearer delineation of signer capacities and obligations. Whether approving legislation or authorizing transactions, signatures associated with domain identifiers provide unparalleled transparency and accountability.
"Namefi is thrilled to partner with Sign Protocol to introduce domain authentication into the digital signature landscape," stated Victor Zhou, Founder and CEO at Namefi. "This collaboration not only reinforces trust and security in digital transactions but also aligns with Namefi's mission to empower users with decentralized ownership of domain assets."
Through this partnership, Namefi and Sign Protocol will offer domain holders an attestant service, allowing them to sign documents with their domain names, thus ensuring authenticity and integrity in digital transactions.
For more information about Namefi and Sign Protocol, please visit Namefi.io and Ethsign.xyz.
About Namefi:
Namefi is a leading platform that tokenizes domains into NFTs, enabling decentralized ownership of domain names and bridging Web2 assets into decentralized applications. With a focus on onchain DNS management, Namefi empowers users with global uniqueness and integrity in domain identifiers.
About Sign Protocol:
Sign Protocol is a revolutionary platform built on Arweave, facilitating digital signatures, encryption, and permanent document storage across diverse blockchain ecosystems. With EthSign Next, users can seamlessly sign and verify documents, transcending traditional boundaries of blockchain compatibility.
Media Contact:
Sunny Chen
Product Operation at Namefi
sunnyc@namefi.io