unstoppable domain names is a san francisco-based business…Domain Escrow Bitcoin… that is providing 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 connected to the ethereum blockchain or you can get a zillow domain extension which is tied 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 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 totally decentralized so there’s no governing body there’s nothing that needs any kind of approval or authorization you as the owner own your domain name so in this video i want to describe to you whatever that you need to called a newbie about unstoppable domain names ensure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration actually work i think
individuals are going to be rather stunned that it’s method more complicated and technical than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re launching the domain name through a icann certified domain name register why do i say i can certify since you can’t get your domain names straight from i can which is once again the nonprofit organization that manages the dns system you need to go through an icann accredited domain name register in order to get a domain and that’s just how it works like you’re like why do i need to do that i don’t know why asking me those are simply the guidelines and that’s what people have been providing for the last couple of decades in order to get a domain name so that’s why you require to pay a yearly cost on your domain names since you’re not in fact purchasing 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 registry that handles that domain name extension which is then completely 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? Domain Escrow Bitcoin
is a verisign for instance so all these various domain name extensions have various windows registries and the function of the computer registry is simply to manage the administrative information for that particular domain nft domain versus the conventional dns system what’s the distinction well the standard dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain windows registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it but like what does that specifically imply a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain names dot crypto versus dot zill what’s the difference with these 2 so if you jump 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 type of understand why due to the fact that those are managed by verisign which is a domain name registry which is handled by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can just get blockchain based domain today they just have a dot crypto in dot zo at the time of taping this video the primary distinction is that these 2 are tied to various block chains that’s it so you have Domain Escrow Bitcoin
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 bit more functions and services 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 personalized crypto addresses that can be established as a payment entrance so this is the main function of unstoppable domain obviously over time as like we have actually decentralized webhosting establish in time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized site presently it’s not actually possible i mean you can do it however it’s quite technical uh.
One-time purchase of domain.
Streamlines way in which individuals interact with crypto addresses.
Censor resistant domain stored 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 current CEO, who saw a need for it to be much easier for users to interact with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered location, so users did not have to discover IP addresses in order to get to websites, except for crypto addresses.
In this manner they have actually succeeded greatly, as they have developed a domain system that permits users to set up payments for 276 digital properties under a single domain name, while also having the ability to be utilized as a fully functioning site that can even have dApps constructed onto them because 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 exceptionally safe since once claimed the domains exist under your address on blockchain, implying they are as safe and secure as the blockchain itself.
It is twice as safe due to the fact that this also implies that the domain can not be blocked by anybody other than 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 secured with two-factor authentication.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a two primary elements, though it needs to be noted that purchasing a domain is a one-time cost and needs no yearly renewals of any sort.
The first element is the expense of the domain itself, this can range 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 additional. In addition, there are premium domains that cost 10s of thousands.