unstoppable domain is a san francisco-based company…Domain Registrar Accept Bitcoin… that is supplying 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 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 controlled and run by icann so anything constantly needs approval from that governing body however 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 absolutely nothing that requires any type of approval or authorization you as the owner own your domain name so in this video i want to discuss to you everything that you require to know as a beginner about unstoppable domain make certain to examine the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration actually work i believe
individuals are going to be quite stunned that it’s way more technical and complicated than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really 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 certify because you can’t get your domain names straight from i can which is again the nonprofit organization that handles the dns system you have to go through an icann certified domain name register in order to get a domain and that’s just how it works like you’re like why do i have to do that i don’t know why asking me those are simply the rules which’s what people have been doing for the last few decades in order to get a domain so that’s why you require to pay an annual fee on your domain because you’re not really purchasing 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 pc 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 registry for that extension
Is unstoppable domains on Ethereum? Domain Registrar Accept Bitcoin
is a verisign for instance so all these various domain name extensions have various computer system registries and the function of the registry is simply to manage the administrative data for that particular domain name nft domain names versus the conventional dns system what’s the distinction well the traditional dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain windows registries then you have your icann licensed domain 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 particularly imply a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain names dot crypto versus dot zill what’s the distinction with these two so if you jump over to unstoppabledomainnames.com link in the description you’re going to learn that you can’t geta.com.net.org why well you can’t you should currently sort of understand why due to the fact that those are handled by verisign which is a domain name 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 names through unstoppable domain names you can just get blockchain based domain names right now they just have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these two are connected to different block chains that’s it so you have Domain Registrar Accept 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 developed and you have a little bit more functions and services developed around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill but functionally speaking they are the same tailored crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain names obviously gradually as like we have actually decentralized web host establish with time it will be possible to use like a decentralized domain name and a decentralized web host to develop your own decentralized website currently it’s not really possible i mean you can do it however it’s pretty technical uh.
One-time purchase of domain.
Streamlines way in which people interact with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than traditional domains.
Supports 276 crypto assets.
Have to spend ETH to claim domain.
Still some question as to whether Unstoppable Domains will accomplish 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 easier for users to connect with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered place, so users did not need to learn IP addresses in order to get to sites, except for crypto addresses.
In this manner they have prospered significantly, as they have produced a domain system that permits users to set up payments for 276 digital possessions under a single domain, while likewise having the ability to be utilized as a totally operating website that can even have dApps built onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no annual renewal charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe due to the fact that when claimed 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 also indicates 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 website for purchasing 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 factors, though it should be kept in mind that buying a domain is a one-time cost and needs no yearly renewals of any sort.
The very 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 name, with much shorter domains costing additional. In addition, there are superior domains that cost 10s of thousands.