unstoppable domain is a san francisco-based business…Namecoin Wallet Not Syncing… that is providing domain name extensions that are connected to the blockchain instead of being tied 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 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 simply that they are decentralized so the dns system is controlled and run by icann so anything always requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or consent you as the owner own your domain so in this video i wish to explain to you everything that you need to called a newbie about unstoppable domain make certain 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 name registration actually work i believe
people are going to be quite surprised that it’s way more complex and technical than you imagined so when you go to someplace 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 through a icann licensed domain register why do i say i can certify since you can’t get your domain straight from i can which is once again the not-for-profit company that manages the dns system you have to go through an icann certified domain register in order to get a domain and that’s just how it works like you resemble why do i have to do that i don’t understand why asking me those are simply the guidelines which’s what people have actually been doing for the last few years in order to get a domain name so that’s why you need to pay a yearly cost 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 so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the computer registry that handles that domain extension which is then completely handled and arranged 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 Wallet Not Syncing
is a verisign for instance so all these different domain name extensions have different windows registries and the function of the windows registry is just to handle the administrative information for that specific domain name nft domain names versus the conventional dns system what’s the difference well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain registries then you have your icann accredited domain name 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 specifically indicate a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct digital product 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 already type of understand why since 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 names you can only get blockchain based domain today they just have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these 2 are tied to different block chains that’s it so you have Namecoin Wallet Not Syncing
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 industrialized and you have a bit more services and functions constructed around uh at the ethereum blockchain with a dot crypto domain name than you do with a dot zill however functionally speaking they are the same personalized crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain undoubtedly over time as like we have decentralized webhosting establish with time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized website presently it’s not actually possible i imply you can do it however it’s pretty technical uh.
One-time purchase of domain.
Streamlines way in which people engage with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than traditional domains.
Supports 276 crypto properties.
Have to spend ETH to claim domain.
Still some question regarding 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 present CEO, who saw a requirement for it to be easier for users to communicate with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered place, 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 been successful considerably, as they have created a domain system that allows users to establish payments for 276 digital properties under a single domain, while likewise being able to be used as a totally operating site that can even have actually dApps built onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no annual renewal fees, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe since as soon as claimed the domains exist under your address on blockchain, indicating they are as secure as the blockchain itself.
It is doubly safe since this also indicates that the domain can not be blocked by anyone other than you, so your website 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.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 primary aspects, though it needs to be noted that buying a domain is a one-time cost and needs no annual renewals of any sort.
The first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as cost is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing additional. In addition, there are exceptional domains that cost 10s of thousands.