**News Flash: Push for Decentralized Domains on Bitcoin Network**

A recent attack on Squarespace's DNS registry, impacting over 100 crypto projects, has reignited the debate on domain security. Mike Carson, founder of the Bitcoin-based Spaces Protocol, argues that decentralized naming on the Bitcoin network is the solution.

Carson highlights that relying on centralized third parties for domain names poses significant risks, as evidenced by the recent phishing attacks in the DeFi space. He believes that domains, like digital assets, should be managed on a blockchain, specifically Bitcoin, due to its security and decentralization.

Carson's Spaces Protocol aims to decentralize domain management without altering Bitcoin's protocol, potentially scaling to billions of names. He asserts that decentralized naming could bring the next billion users to Bitcoin, emphasizing its importance alongside digital currency.