unstoppable domain names is a san francisco-based company…Namecoin Ico… that is providing 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 name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is just that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just completely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or consent you as the owner own your domain name so in this video i want to discuss to you whatever that you require to know as a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration really work i believe
people are going to be quite stunned that it’s method more technical and complicated than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain name through a icann certified domain register why do i state i can license due to the fact that you can’t get your domain straight from i can which is again the nonprofit organization that manages the dns system you have to go through an icann accredited domain name register in order to get a domain and that’s simply how it works like you resemble why do i need to do that i don’t know why asking me those are just the rules which’s what people have actually been doing for the last few decades in order to get a domain name so that’s why you need to pay an annual cost on your domain names since 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 system registry that manages that domain name extension which is then completely handled 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? Namecoin Ico
is a verisign for example so all these different domain extensions have different pc registries and the role of the registry is simply to handle the administrative data for that particular domain name nft domain versus the standard dns system what’s the difference well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have 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 particularly mean a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents an unique digital item in this instance 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 find out that you can’t geta.com.net.org why well you can’t you ought to already kind of understand why due to the fact that those are handled by verisign which is a domain computer system registry which is managed by icann that belongs to the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can just get blockchain based domain names right now they just have a dot crypto in dot zo at the time of taping this video the primary difference is that these two are tied to various block chains that’s it so you have Namecoin Ico
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 little bit more services and functions 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 established as a payment entrance so this is the main function of unstoppable domain names obviously with time as like we have actually decentralized web host develop with time it will be possible to use like a decentralized domain and a decentralized webhosting to produce your own decentralized website currently it’s not really possible i suggest you can do it but it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which individuals engage with crypto addresses.
Censor resistant domain kept in your wallet.
More functionality than conventional domains.
Supports 276 crypto properties.
Have to spend ETH to claim domain.
Still some question as to 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 present CEO, who saw a need for it to be much easier for users to interact with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into location, so users did not have to find out IP addresses in order to get to sites, except for crypto addresses.
In this manner they have actually been successful considerably, as they have created a domain system that permits users to establish payments for 276 digital possessions under a single domain name, while also being able to be used as a fully working website that can even have actually dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal charges, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe since as soon as declared the domains exist under your address on blockchain, suggesting they are as safe and secure as the blockchain itself.
It is twice as safe because this also indicates that the domain can not be blocked by anyone other than you, so your site 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 primary elements, though it must be noted that purchasing a domain is a one-time cost and needs no annual renewals of any sort.
The very first factor is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you pick, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing additional. In addition, there are premium domains that cost 10s of thousands.