unstoppable domain names is a san francisco-based business…Eth Blockchain Domain… that is offering domain extensions that are connected to the blockchain instead of being tied to the dns system particularly 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 managed and operated by icann so anything always needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are just totally decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or permission you as the owner own your domain name so in this video i want to discuss to you whatever that you require to called a novice about unstoppable domain ensure to inspect the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration in fact work i think
people are going to be rather stunned that it’s way more technical and complex than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re releasing the domain name through a icann licensed domain register why do i state i can accredit since you can’t get your domain names directly from i can which is again the not-for-profit organization that manages the dns system you need to go through an icann accredited domain name register in order to get a domain name which’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 just the rules and that’s what individuals have been providing for the last few years in order to get a domain so that’s why you need to pay an annual charge on your domain names because you’re not really buying 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 pc registry that manages that domain extension which is then absolutely managed and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension
Is unstoppable domains on Ethereum? Eth Blockchain Domain
is a verisign for example so all these various domain name extensions have various computer system registries and the role of the computer system registry is just to manage the administrative data for that particular domain name nft domain names versus the standard 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 computer registries then you have your icann certified domain 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 suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a special digital product in this instance our domain 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 discover that you can’t geta.com.net.org why well you can’t you need to currently sort of understand why due to the fact that those are managed by verisign which is a domain registry which is managed by icann that’s part of the dns system that’s why you can’t get those types of domain through unstoppable domain you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these two are tied to different block chains that’s it so you have Eth Blockchain Domain
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 industrialized and you have a bit more services and functions developed 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 customized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain clearly in time as like we have decentralized web host develop over time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site currently it’s not really possible i indicate you can do it but it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which individuals interact with crypto addresses.
Censor resistant domain kept in your wallet.
More functionality than standard domains.
Supports 276 crypto possessions.
Have to spend ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will accomplish prevalent adoption.
Some domains are still pre-sale only.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a requirement for it to be simpler for users to engage with crypto addresses. The objective 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 manner they have been successful considerably, as they have actually created a domain system that allows users to set up payments for 276 digital possessions under a single domain, while also having the ability to be utilized as a completely operating site that can even have actually dApps built onto them due to the fact that the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe since as soon as claimed the domains exist under your address on blockchain, suggesting they are as safe as the blockchain itself.
It is twice as safe since this also means that the domain can not be blocked by anyone aside from you, so your site is never at risk of being down due to censorship. The site for buying the domains is safe as well and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a two primary elements, though it needs to be noted that purchasing a domain is a one-time cost and requires no annual renewals of any sort.
The first aspect is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending upon the domain you select, as cost 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 tens of thousands.