unstoppable domain names is a san francisco-based company…Blockchain Domain Paystring… 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 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 name 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 but something like a dot crypto or zillow these are based on the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that needs any type of approval or approval you as the owner own your domain name so in this video i wish to discuss to you everything that you require to called a novice about unstoppable domain make certain to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration really work i think
individuals are going to be rather stunned that it’s method more technical and complicated than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain through a icann certified domain name register why do i state i can accredit due to the fact that you can’t get your domain straight from i can which is once again the nonprofit company that handles the dns system you have to go through an icann accredited domain name register in order to get a domain which’s just 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 and that’s what people have actually been doing for the last couple of years in order to get a domain name so that’s why you need to pay an annual cost on your domain due to the fact that you’re not in fact purchasing an owning domain what you’re doing is renting their domain name 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 managed 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? Blockchain Domain Paystring
is a verisign for instance so all these different domain name extensions have various registries and the role of the computer system registry is simply to manage the administrative data for that particular domain nft domain versus the traditional dns system what’s the distinction well the conventional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain pc registries then you have your icann accredited domain name 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 suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents an unique digital product in this instance our domain dot crypto versus dot zill what’s the difference with these 2 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 need to currently sort of know why because those are managed by verisign which is a domain name computer system 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 only get blockchain based domain right now they only have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these 2 are tied to various block chains that’s it so you have Blockchain Domain Paystring
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 industrialized and you have a little bit more features and services constructed 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 customized crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain undoubtedly in time as like we have decentralized web host develop gradually it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized site presently it’s not truly possible i mean you can do it but it’s pretty technical uh.
One-time purchase of domain.
Simplifies way in which people connect with crypto addresses.
Censor resistant domain saved in your wallet.
More performance than conventional domains.
Supports 276 crypto properties.
Need to spend ETH to claim domain.
Still some concern as to whether Unstoppable Domains will attain extensive adoption.
Some domains are still pre-sale only.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a need for it to be easier for users to interact 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 sites, except for crypto addresses.
In this manner they have been successful greatly, as they have developed a domain system that enables users to establish payments for 276 digital assets under a single domain name, while also having the ability to be used as a totally operating website that can even have actually dApps developed onto them due to the fact that the domain is hosted on the blockchain. With no annual renewal and a single payment charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe because as soon as declared the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.
It is twice as safe because this also means that the domain can not be obstructed by anybody aside from you, so your site is never at risk of being down due to censorship. The site for acquiring the domains is safe too and can be secured with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary aspects, though it must be noted that acquiring a domain is a one-time cost and requires no yearly renewals of any sort.
The very first aspect is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as expense is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing additional. In addition, there are premium domains that cost 10s of thousands.