Find Namecoin Bittrex Online FAQ

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

 

unstoppable domain names is a san francisco-based company…Namecoin Bittrex… that is supplying domain extensions that are connected to the blockchain instead of being tied to the dns system specifically you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always requires 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 nothing that requires any kind of approval or authorization you as the owner own your domain so in this video i want to describe to you whatever that you need to referred to as a novice about unstoppable domain ensure to examine the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration actually work i believe

individuals are going to be quite shocked that it’s method more technical and complex than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re releasing the domain name through a icann accredited domain name register why do i say i can license because you can’t get your domain directly from i can which is once again the nonprofit company that handles the dns system you need to go through an icann licensed domain name register in order to get a domain name and that’s just how it works like you’re like why do i need to do that i don’t know why asking me those are simply the guidelines and that’s what individuals have actually been doing for the last few decades in order to get a domain so that’s why you require to pay a yearly fee on your domain since you’re not really 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 windows registry that handles that domain extension which is then absolutely managed and organized 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? Namecoin Bittrex

is a verisign for instance so all these different domain name extensions have various pc registries and the function of the computer system registry is just to manage the administrative data for that particular domain name nft domain versus the conventional dns system what’s the distinction well the traditional dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain computer system registries then you have your icann licensed domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that particularly imply a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a special digital item in this instance our domain dot crypto versus dot zill what’s the distinction with these two so if you leap 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 currently type of understand why due to the fact that those are managed by verisign which is a domain name windows registry which is handled by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can just get blockchain based domain today they just have a dot crypto in dot zo at the time of recording this video the primary distinction is that these 2 are connected to different block chains that’s it so you have Namecoin Bittrex

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

 

your dot crypto which is connected to the ethereum blockchain you have your dot zill which is connected to the silica block durian blockchain is way more developed and you have a bit more functions and services built around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same individualized crypto addresses that can be set up as a payment entrance so this is the main feature of unstoppable domain names obviously with time as like we have actually decentralized web host establish in time it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized website currently it’s not truly possible i suggest you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which individuals communicate with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than traditional domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some question as to whether Unstoppable Domains will achieve widespread adoption.

Some domains are still pre-sale only.

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 interact with crypto addresses. The objective 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 sites, except for crypto addresses.

In this manner they have actually prospered significantly, as they have actually created a domain system that enables users to set up payments for 276 digital possessions under a single domain, while likewise having the ability to be utilized as a completely functioning website that can even have dApps built onto them since the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is very safe since when claimed the domains exist under your address on blockchain, indicating they are as secure as the blockchain itself.

It is doubly safe because this likewise 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 website for purchasing the domains is safe as well and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends upon a 2 main aspects, though it must be noted that acquiring 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 choose, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing additional. In addition, there are exceptional domains that cost tens of thousands.