unstoppable domain names is a san francisco-based company…Bitcoin Domain For Sale… that is offering domain name extensions that are tied to the blockchain instead of being connected to the dns system particularly you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain extension which is connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and run by icann so anything always needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or permission you as the owner own your domain name so in this video i wish to discuss to you whatever that you require to called a newbie about unstoppable domain names make sure to check the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain name registration actually work i think
people are going to be rather surprised that it’s method more complicated and technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing 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 once again the nonprofit company that handles the dns system you have to go through an icann licensed domain name register in order to get a domain which’s simply how it works like you resemble why do i need to do that i do not know why asking me those are simply the guidelines which’s what people have actually been doing for the last few years in order to get a domain name so that’s why you require to pay a yearly fee on your domain names due to the fact that you’re not in fact purchasing an owning domain name what you’re doing is leasing their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the computer system registry that manages that domain extension which is then completely handled and arranged by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension
Is unstoppable domains on Ethereum? Bitcoin Domain For Sale
is a verisign for instance so all these various domain name extensions have various computer system registries and the role of the registry is simply to handle the administrative data for that particular domain nft domain versus the traditional dns system what’s the distinction well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain computer system registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that particularly indicate a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital item in this circumstances our domain dot crypto versus dot zill what’s the difference with these two so if you leap over to unstoppabledomainnames.com link in the description you’re going to find out that you can’t geta.com.net.org why well you can’t you ought to currently sort of know why because those are handled by verisign which is a domain computer registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these two are connected to different block chains that’s it so you have Bitcoin Domain For Sale
your dot crypto which is connected to the ethereum blockchain you have your dot zill which is connected to the silica block durian blockchain is way more industrialized and you have a bit more functions and services developed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain undoubtedly gradually as like we have decentralized webhosting establish with time it will be possible to use like a decentralized domain and a decentralized web host to produce your own decentralized website presently it’s not actually possible i suggest you can do it however it’s quite technical uh.
One-time purchase of domain.
Streamlines way in which individuals communicate with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than traditional domains.
Supports 276 crypto properties.
Need to spend ETH to claim domain.
Still some question as to whether Unstoppable Domains will accomplish widespread adoption.
Some domains are still pre-sale only.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a need for it to be simpler for users to connect with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that came into place, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.
In this way they have actually succeeded considerably, as they have actually developed a domain system that allows users to set up payments for 276 digital properties under a single domain name, while likewise being able to be utilized as a completely functioning site that can even have dApps built onto them due to the fact that the domain is hosted on the blockchain. With no annual renewal and a single payment fees, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe due to the fact that when declared the domains exist under your address on blockchain, indicating they are as protected as the blockchain itself.
It is doubly safe due to the fact that this also implies that the domain can not be obstructed by anybody besides you, so your site is never ever at risk of being down due to censorship. The site for purchasing the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary aspects, though it ought to be kept in mind that acquiring a domain is a one-time expense and needs no annual renewals of any sort.
The very first aspect is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you select, as cost is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with much shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.