unstoppable domain is a san francisco-based company…Dot Zil Domain… that is offering domain 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 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 just that they are decentralized so the dns system is controlled and run by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are simply totally decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or consent you as the owner own your domain so in this video i want to explain to you everything that you need to referred to as a beginner about unstoppable domain ensure to examine the links in the description for time stamps and any resources discussed 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 complex than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re launching the domain through a icann certified domain register why do i state i can certify since you can’t get your domain directly from i can which is once again the nonprofit company that manages the dns system you need to go through an icann accredited domain register in order to get a domain which’s simply how it works like you resemble why do i have to do that i don’t understand why asking me those are just the rules and that’s what individuals have been doing for the last couple of years in order to get a domain name so that’s why you need to pay a yearly fee on your domain due to the fact that you’re not in fact 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 computer registry that handles that domain extension which is then absolutely 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? Dot Zil Domain
is a verisign for instance so all these various domain extensions have different computer system registries and the role of the computer system registry is just to handle the administrative information for that specific domain name nft domain versus the traditional dns system what’s the distinction well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain computer 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 however like what does that specifically suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a distinct digital product in this circumstances our domain names dot crypto versus dot zill what’s the distinction with these 2 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 must already kind of know why since those are managed by verisign which is a domain name windows registry which is managed by icann that belongs to 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 names today they just have a dot crypto in dot zo at the time of tape-recording this video the main difference is that these two are tied to different block chains that’s it so you have Dot Zil Domain
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 little bit more services and features built 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 individualized crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain names clearly gradually as like we have actually decentralized webhosting establish gradually it will be possible to utilize like a decentralized domain and a decentralized web host to develop your own decentralized site currently it’s not really possible i mean you can do it but it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which people communicate with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than standard domains.
Supports 276 crypto properties.
Have to spend ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will achieve prevalent 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 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 place, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.
In this way they have actually succeeded significantly, as they have actually created a domain system that enables users to establish payments for 276 digital assets under a single domain, while likewise being able to be utilized as a completely working website that can even have actually dApps built onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe since when declared the domains exist under your address on blockchain, meaning they are as safe and secure as the blockchain itself.
It is twice as safe due to the fact that this also suggests that the domain can not be blocked by anyone other than you, so your site is never ever at risk of being down due to censorship. The site for buying the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a two primary factors, though it needs to be kept in mind that buying a domain is a one-time expense and needs no annual renewals of any sort.
The very first aspect is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing additional. In addition, there are superior domains that cost 10s of thousands.