unstoppable domain names is a san francisco-based company…Namecoin To Dollar… that is providing domain name extensions that are connected to the blockchain instead of being connected 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 extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and run 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 just totally decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or permission you as the owner own your domain so in this video i wish to discuss to you whatever that you require to called a novice about unstoppable domain ensure to check the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain registration in fact work i think
individuals are going to be quite shocked that it’s method more technical and complex than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re launching the domain through a icann accredited domain register why do i state i can certify since you can’t get your domain straight from i can which is again the not-for-profit company that handles the dns system you have to go through an icann certified domain register in order to get a domain 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 which’s what individuals have actually been providing for the last couple of 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 actually buying an owning domain what you’re doing is renting 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 handles that domain name extension which is then absolutely 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 To Dollar
is a verisign for example so all these various domain extensions have various registries and the function of the windows registry is simply to handle the administrative data for that specific domain name nft domain versus the traditional dns system what’s the distinction well the conventional 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 accredited domain name 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 imply a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a special digital product in this instance our domain names 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 find out that you can’t geta.com.net.org why well you can’t you should currently kind of know why due to the fact that those are managed by verisign which is a domain computer registry which is handled by icann that’s part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can only get blockchain based domain names today they just 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 Namecoin To Dollar
your dot crypto which is connected 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 functions and services constructed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain undoubtedly gradually as like we have decentralized web host develop gradually it will be possible to utilize like a decentralized domain name and a decentralized webhosting to produce your own decentralized site presently it’s not truly possible i suggest you can do it but it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which people connect with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than standard domains.
Supports 276 crypto properties.
Have to spend ETH to claim domain.
Still some question as to whether Unstoppable Domains will accomplish widespread 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 much easier for users to interact with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered place, so users did not need to learn IP addresses in order to get to websites, except for crypto addresses.
In this way they have succeeded greatly, as they have produced a domain system that permits users to establish payments for 276 digital assets under a single domain, while also having the ability to be utilized as a totally working site 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 fees, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is exceptionally safe due to the fact that as soon as claimed the domains exist under your address on blockchain, suggesting they are as secure as the blockchain itself.
It is doubly safe due to the fact that this also implies that the domain can not be blocked by anyone aside from you, so your website is never at risk of being down due to censorship. The site for buying the domains is safe too and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 main factors, though it needs to be noted that buying a domain is a one-time cost and requires 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 cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain name, with much shorter domains costing extra. In addition, there are superior domains that cost 10s of thousands.