unstoppable domain names is a san francisco-based company…Blockchain Domain Register… that is offering 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 name extension which is tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and operated by icann so anything constantly requires approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that requires any kind of approval or consent you as the owner own your domain so in this video i wish to describe to you everything that you need to know as a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain name registration really work i think
people are going to be quite stunned that it’s way more complex and technical than you envisioned 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 licensed domain register why do i state i can license since you can’t get your domain names directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann licensed domain name register in order to get a domain name and that’s simply how it works like you’re like why do i have to do that i don’t know why asking me those are just the guidelines and that’s what people have actually been doing for the last few years in order to get a domain name so that’s why you need to pay a yearly cost on your domain due to the fact that you’re not really purchasing an owning domain name what you’re doing is leasing 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 pc registry that handles that domain extension which is then totally handled 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? Blockchain Domain Register
is a verisign for instance so all these different domain name extensions have various computer system registries and the function of the computer registry is simply to handle the administrative data for that specific domain name nft domain names versus the traditional dns system what’s the difference well the conventional dns system is a centralized system as i alluded to 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 meaning like you can’t jump in and change it however 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 item in this instance our domain names 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 must already kind of know why because those are handled by verisign which is a domain computer system registry which is handled by icann that’s part of 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 recording this video the main difference is that these 2 are tied to various block chains that’s it so you have Blockchain Domain Register
your dot crypto which is tied to the ethereum blockchain you have your dot zill which is connected to the silica block durian blockchain is way more developed and you have a bit more features and services constructed 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 individualized crypto addresses that can be set up as a payment entrance so this is the main function of unstoppable domain clearly gradually as like we have actually decentralized web host develop gradually it will be possible to utilize like a decentralized domain and a decentralized webhosting to produce your own decentralized website presently it’s not actually possible i imply you can do it but it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which individuals engage with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than conventional domains.
Supports 276 crypto properties.
Have to spend ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will achieve extensive 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 simpler for users to connect with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered into location, so users did not need to learn IP addresses in order to get to websites, except for crypto addresses.
In this way they have succeeded significantly, as they have created a domain system that allows users to establish payments for 276 digital properties under a single domain name, while likewise being able to be used as a fully functioning website that can even have actually dApps built onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no yearly renewal charges, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe since when declared the domains exist under your address on blockchain, meaning they are as safe as the blockchain itself.
It is two times as safe due to the fact that this likewise indicates that the domain can not be obstructed by anyone other than you, so your site is never ever at risk of being down due to censorship. The website for buying the domains is safe also and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary factors, though it ought to be kept in mind that acquiring a domain is a one-time expense and requires 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 upon 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 much shorter domains costing additional. In addition, there are exceptional domains that cost tens of thousands.