How does a blockchain domain replace a cryptocurrency address with a human-readable name?

You control the domain so you are the only person able to associate cryptocurrencies with it. Input your cryptocurrency addresses on the blockchain itself. When someone types yourname.zil into an integrated wallet, the wallet looks up that domain on the blockchain finds the appropriate address, and sends. It’s that simple.

To add your cryptocurrency addresses simply select Manage on the My Domains section of the website.