unstoppable domain names is a san francisco-based business…Crypto Domain Nft… that is offering domain extensions that are tied to the blockchain instead of being tied 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 extensions is just that they are decentralized so the dns system is managed and run by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s nothing that needs any kind of approval or consent you as the owner own your domain name so in this video i want to discuss to you whatever that you need to know as a novice about unstoppable domain names 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 registration in fact work i think
individuals are going to be rather shocked that it’s way more technical and complex than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i state i can license due to the fact that you can’t get your domain names straight from i can which is once again the nonprofit company that handles the dns system you need to go through an icann certified 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 know why asking me those are simply the guidelines and that’s what people have 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 since you’re not really buying an owning domain 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 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 computer system registry for that extension
Is unstoppable domains on Ethereum? Crypto Domain Nft
is a verisign for example so all these different domain name extensions have various computer registries and the role of the computer system registry is simply to manage the administrative information for that particular domain nft domain names versus the traditional dns system what’s the difference 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 registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly 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 names 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 discover that you can’t geta.com.net.org why well you can’t you must already type of understand why because those are handled by verisign which is a domain name registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of recording this video the main distinction is that these two are connected to various block chains that’s it so you have Crypto Domain Nft
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 functions and services built 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 established as a payment entrance so this is the main function of unstoppable domain names undoubtedly over time as like we have decentralized webhosting develop over time it will be possible to use like a decentralized domain name and a decentralized webhosting to develop your own decentralized website presently it’s not really possible i mean you can do it however it’s quite technical uh.
One-time purchase of domain.
Streamlines method which individuals engage with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than standard domains.
Supports 276 crypto assets.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will achieve widespread 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 interact with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that came into 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 prospered greatly, as they have created a domain system that enables users to set up payments for 276 digital possessions under a single domain name, while also being able to be used as a completely functioning site that can even have actually dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no annual renewal fees, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is exceptionally safe since when declared the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.
It is two times as safe since this also suggests 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 as well and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary elements, though it must be kept in mind that purchasing a domain is a one-time cost and needs no annual renewals of any sort.
The first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you choose, 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 extra. In addition, there are exceptional domains that cost tens of thousands.