unstoppable domain names is a san francisco-based business…Massive Domain Name Search With Word Crypto… that is supplying domain 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is controlled and operated by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just entirely decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain so in this video i want to describe to you whatever that you need to know as a newbie about unstoppable domain make sure to inspect the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain name registration actually work i believe
people are going to be quite surprised that it’s way more complicated and technical 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 launching the domain through a icann licensed domain register why do i state i can license due to the fact that you can’t get your domain directly from i can which is once again the not-for-profit company that handles the dns system you have to go through an icann accredited domain name register in order to get a domain name and that’s just how it works like you resemble why do i need to do that i do not understand why asking me those are just the guidelines which’s what people have actually been providing for the last couple of decades in order to get a domain so that’s why you require to pay an annual fee on your domain names due to the fact that you’re not really purchasing an owning domain 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 windows registry that handles that domain name extension which is then completely 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? Massive Domain Name Search With Word Crypto
is a verisign for example so all these different domain name extensions have various windows registries and the function of the registry is just to handle the administrative data for that particular domain name nft domain names versus the standard dns system what’s the difference well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain 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 specifically indicate a non-fungible token is just a piece of information 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 discover that you can’t geta.com.net.org why well you can’t you ought to already type of understand why since those are managed by verisign which is a domain name registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can only get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these 2 are tied to different block chains that’s it so you have Massive Domain Name Search With Word Crypto
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 little bit more services and functions built 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 feature of unstoppable domain undoubtedly in time as like we have decentralized webhosting develop over time it will be possible to utilize like a decentralized domain name 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 quite technical uh.
One-time purchase of domain.
Simplifies method which individuals connect with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than conventional domains.
Supports 276 crypto assets.
Have to spend ETH to claim domain.
Still some question regarding whether Unstoppable Domains will attain widespread 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 engage with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered into 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 prospered greatly, as they have actually produced a domain system that enables users to set up payments for 276 digital properties under a single domain, while also being able to be utilized as a completely operating website that can even have actually dApps developed onto them because the domain is hosted on the blockchain. With no annual renewal and a single payment charges, Unstoppable Domains is an intriguing 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, implying they are as safe as the blockchain itself.
It is two times as safe since this also means that the domain can not be obstructed by anyone other than you, so your website is never at risk of being down due to censorship. The site for acquiring the domains is safe also and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 main factors, though it should be kept in mind that acquiring a domain is a one-time cost and requires no yearly renewals of any sort.
The very first element 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 upon 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.