unstoppable domain is a san francisco-based company…Crypto Domain Endings… 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 tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is just 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 entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or approval you as the owner own your domain so in this video i wish to discuss to you everything that you require to know as a beginner about unstoppable domain make certain 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 in fact work i think
people are going to be quite shocked that it’s way more technical and complex than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re launching the domain through a icann accredited domain register why do i state i can accredit because you can’t get your domain directly 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 resemble why do i have to do that i don’t understand why asking me those are just the guidelines which’s what individuals have been doing for the last couple of decades in order to get a domain so that’s why you need to pay an annual fee on your domain due to the fact that you’re not actually 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 computer system registry that handles 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 pc registry for that extension
Is unstoppable domains on Ethereum? Crypto Domain Endings
is a verisign for example so all these different domain extensions have different registries and the role of the computer registry is simply to manage the administrative information for that specific domain nft domain names 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 accredited domain name 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 particularly imply a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct 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 find out that you can’t geta.com.net.org why well you can’t you need to already kind of know why due to the fact that those are managed by verisign which is a domain name pc registry which is handled by icann that becomes 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 today they just have a dot crypto in dot zo at the time of recording this video the main difference is that these 2 are connected to various block chains that’s it so you have Crypto Domain Endings
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 little bit more features and services developed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill but functionally speaking they are the same individualized crypto addresses that can be established as a payment entrance so this is the primary feature of unstoppable domain clearly in time as like we have decentralized webhosting establish with time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized website presently it’s not really possible i mean you can do it but it’s pretty technical uh.
One-time purchase of domain.
Simplifies way in which individuals engage with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than traditional domains.
Supports 276 crypto possessions.
Need to invest ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will achieve prevalent 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 easier for users to connect with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered 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 actually succeeded greatly, as they have produced a domain system that permits users to set up payments for 276 digital possessions under a single domain name, while also being able to be used as a fully operating 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 charges, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe because once declared the domains exist under your address on blockchain, implying they are as safe and secure as the blockchain itself.
It is two times as safe due to the fact that this likewise indicates that the domain can not be blocked by anybody besides you, so your website is never ever at risk of being down due to censorship. The website for buying the domains is safe too and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 main aspects, though it must be kept in mind that acquiring a domain is a one-time expense and needs no annual 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 on the domain you choose, as expense 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 superior domains that cost tens of thousands.