Find How Many Cryptocurrency Domain Names Have Sold Online FAQ

https://www.youtube.com/watch?v=llN4glENHK0

 

unstoppable domain names is a san francisco-based business…How Many Cryptocurrency Domain Names Have Sold… that is supplying domain name extensions that are connected to the blockchain instead of being connected 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 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 requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or approval you as the owner own your domain name so in this video i wish to explain to you whatever that you require to referred to as a beginner about unstoppable domain names make sure to examine the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration really work i think

people are going to be rather surprised that it’s method more complex and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re launching the domain name through a icann accredited domain name register why do i state i can license since you can’t get your domain directly from i can which is again the nonprofit company that handles the dns system you have to go through an icann accredited domain name register in order to get a domain name which’s simply how it works like you’re like why do i need to do that i don’t understand why asking me those are simply the rules and that’s what people have actually been doing for the last couple of years in order to get a domain name so that’s why you require to pay a yearly fee on your domain names because you’re not actually buying an owning domain name 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 extension which is then absolutely handled and arranged 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? How Many Cryptocurrency Domain Names Have Sold

is a verisign for instance so all these various domain name extensions have various windows registries and the function of the computer registry is just to manage the administrative data for that specific domain name nft domain names versus the standard dns system what’s the difference well the conventional dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain computer registries then you have your icann accredited 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 discovered on a blockchain that is verifiable and represents an unique digital item in this circumstances our domain 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 need to already sort of understand why since those are handled by verisign which is a domain name windows registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain you can just get blockchain based domain right now they just have a dot crypto in dot zo at the time of recording this video the main difference is that these two are connected to various block chains that’s it so you have How Many Cryptocurrency Domain Names Have Sold

https://www.youtube.com/watch?v=2HNAaf6rIec

 

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 developed and you have a bit more functions and services constructed 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 established as a payment gateway so this is the main feature of unstoppable domain names undoubtedly over time as like we have actually decentralized web host establish with time it will be possible to use 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 however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals communicate with crypto addresses.

Censor resistant domain saved in your wallet.

More functionality than traditional domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve prevalent adoption.

Some domains are still pre-sale just.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a requirement for it to be easier for users to interact with crypto addresses. The aim 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 sites, except for crypto addresses.

In this way they have prospered greatly, as they have developed a domain system that permits users to set up payments for 276 digital assets under a single domain, while likewise having the ability to be used as a completely operating website that can even have actually dApps constructed onto them since the domain is hosted on the blockchain. With no yearly renewal and a single payment charges, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe due to the fact that when claimed the domains exist under your address on blockchain, meaning they are as secure as the blockchain itself.

It is twice as safe since this also indicates that the domain can not be obstructed 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 also and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends on a two main elements, though it ought to be kept in mind that acquiring a domain is a one-time cost and needs no yearly renewals of any sort.

The first factor is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you pick, as expense is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain name, with much shorter domains costing additional. In addition, there are premium domains that cost 10s of thousands.