unstoppable domain names is a san francisco-based company…Amazon Domain Name Cryptocurrency Domains… that is providing domain name extensions that are connected to the blockchain instead of being connected to the dns system specifically you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is controlled and run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that requires any kind of approval or authorization you as the owner own your domain name so in this video i wish to explain to you everything that you require to know as a novice about unstoppable domain names make certain to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration actually work i believe
individuals are going to be quite surprised that it’s way more technical and complicated than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain name what you’re doing is you’re launching the domain name through a icann licensed domain name register why do i state i can certify because you can’t get your domain names directly from i can which is again the not-for-profit organization that manages the dns system you need to go through an icann licensed domain register in order to get a domain and that’s simply how it works like you’re like why do i have to do that i don’t understand why asking me those are just the rules which’s what people have actually been doing for the last few decades in order to get a domain name so that’s why you need to pay an annual fee on your domain names because you’re not really buying an owning domain what you’re doing is renting their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the registry that manages that domain name extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension
Is unstoppable domains on Ethereum? Amazon Domain Name Cryptocurrency Domains
is a verisign for instance so all these different domain extensions have different computer system registries and the function of the registry is simply to handle the administrative information for that specific domain nft domain names versus the traditional dns system what’s the difference well the conventional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer system registries then you have your icann accredited domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it but like what does that specifically suggest a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain dot crypto versus dot zill what’s the distinction with these two so if you leap over to unstoppabledomainnames.com link in the description you’re going to discover that you can’t geta.com.net.org why well you can’t you should already sort of know why because those are managed by verisign which is a domain windows registry which is managed by icann that’s part of the dns system that’s why you can’t get those types of domain names through unstoppable domain you can just get blockchain based domain right now they just have a dot crypto in dot zo at the time of recording this video the primary distinction is that these 2 are connected to different block chains that’s it so you have Amazon Domain Name Cryptocurrency Domains
your dot crypto which is tied to the ethereum blockchain you have your dot zill which is tied to the silica block durian blockchain is way more developed and you have a bit more services and features built around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same customized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain names obviously with time as like we have actually decentralized webhosting develop gradually it will be possible to use like a decentralized domain and a decentralized web host to develop your own decentralized site currently it’s not truly possible i imply you can do it however it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which individuals interact with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than traditional domains.
Supports 276 crypto possessions.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will accomplish widespread adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a requirement for it to be much easier for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered into location, so users did not have to learn IP addresses in order to get to websites, except for crypto addresses.
In this way they have been successful significantly, as they have developed a domain system that enables users to establish payments for 276 digital possessions under a single domain, while likewise being able to be utilized as a totally functioning site that can even have dApps constructed onto them because the domain is hosted on the blockchain. With a single payment and no yearly renewal costs, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe because when claimed the domains exist under your address on blockchain, indicating they are as protected as the blockchain itself.
It is doubly safe since this likewise means that the domain can not be blocked by anybody other than you, so your site is never at risk of being down due to censorship. The site for purchasing the domains is safe also and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 primary factors, though it must be kept in mind that buying a domain is a one-time expense and needs no annual renewals of any sort.
The first factor is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you pick, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain, with shorter domains costing extra. In addition, there are exceptional domains that cost tens of thousands.