unstoppable domain is a san francisco-based company…Bitcoin To Domain… that is offering domain name extensions that are tied to the blockchain instead of being tied to the dns system particularly you can get a dot crypto which is tied to the ethereum blockchain or you can get a zillow domain name extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are just totally decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or authorization you as the owner own your domain name so in this video i wish to describe to you everything that you require to called a novice about unstoppable domain 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 registration really work i think
individuals are going to be rather stunned that it’s way more complicated and technical than you imagined so when you go to somewhere 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 certified domain register why do i state i can accredit because you can’t get your domain names directly from i can which is again the nonprofit organization that handles the dns system you have to go through an icann certified domain register in order to get a domain and that’s just 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 and that’s what individuals have actually been providing for the last few years in order to get a domain so that’s why you require to pay a yearly fee on your domain names because you’re not in fact buying an owning domain 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 absolutely managed and organized by icann broadly speaking so like when you get it.com.net.org the registry for that extension
Is unstoppable domains on Ethereum? Bitcoin To Domain
is a verisign for example so all these different domain extensions have different registries and the role of the windows registry is simply to handle the administrative information for that specific domain name nft domain names versus the traditional dns system what’s the distinction well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain computer system registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it however like what does that specifically indicate a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a special digital product in this instance our domain dot crypto versus dot zill what’s the distinction with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to learn that you can’t geta.com.net.org why well you can’t you must currently kind of understand why due to the fact that those are handled by verisign which is a domain name computer system registry which is managed by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain you can only get blockchain based domain names right now they just have a dot crypto in dot zo at the time of recording this video the primary difference is that these 2 are connected to various block chains that’s it so you have Bitcoin To Domain
your dot crypto which is connected 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 developed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same tailored crypto addresses that can be set up as a payment entrance so this is the main feature of unstoppable domain undoubtedly over time as like we have decentralized web host establish with time it will be possible to use like a decentralized domain name and a decentralized web host to develop your own decentralized website currently it’s not truly possible i imply you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies way in which people connect with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than traditional domains.
Supports 276 crypto assets.
Need to spend ETH to claim domain.
Still some question regarding whether Unstoppable Domains will accomplish extensive adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the current CEO, who saw a need for it to be easier for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to discover IP addresses in order to get to sites, except for crypto addresses.
In this manner they have succeeded considerably, as they have actually developed a domain system that enables users to establish payments for 276 digital assets under a single domain, while also having the ability to be utilized as a totally operating site that can even have actually dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no annual renewal fees, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe due to the fact that once declared the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.
It is twice as safe due to the fact that this likewise suggests that the domain can not be obstructed by anybody other than you, so your site is never at risk of being down due to censorship. The site for buying the domains is safe too and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a two main factors, though it should be kept in mind that buying a domain is a one-time expense and requires no yearly renewals of any sort.
The first aspect is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you pick, 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 10s of thousands.