unstoppable domain names is a san francisco-based business…Namecoin Wallet Restore… that is providing domain extensions that are tied to the blockchain instead of being connected to the dns system particularly you can get a dot crypto which is tied 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 advantage of using these blockchain based domain name 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 however something like a dot crypto or zillow these are based upon the blockchain and they are just completely 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 discuss to you everything that you need to know as a beginner about unstoppable domain names make certain to inspect the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain name registration in fact work i believe
people are going to be quite stunned that it’s method more complex and technical than you thought of 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 releasing the domain through a icann accredited domain name register why do i state i can license because 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 need to go through an icann certified domain name register in order to get a domain name and that’s just how it works like you resemble why do i have to do that i do not know why asking me those are just the rules which’s what individuals have been providing for the last few decades in order to get a domain so that’s why you need to pay a yearly charge on your domain names because you’re not actually purchasing an owning domain name what you’re doing is renting their domain 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 manages that domain extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension
Is unstoppable domains on Ethereum? Namecoin Wallet Restore
is a verisign for example so all these various domain name extensions have different registries and the function of the computer registry is simply to manage the administrative data for that specific domain name nft domain versus the standard dns system what’s the distinction well the standard dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain computer registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it however like what does that specifically suggest a non-fungible token is just a piece of information found 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 difference with these 2 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 kind of know why due to the fact that those are managed by verisign which is a domain name computer system registry which is managed by icann that belongs to the dns system that’s why you can’t get those types of domain names through unstoppable domain you can only get blockchain based domain today they only have a dot crypto in dot zo at the time of taping this video the primary difference is that these 2 are tied to different block chains that’s it so you have Namecoin Wallet Restore
your dot crypto which is tied 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 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 however functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the primary feature of unstoppable domain names undoubtedly in time as like we have decentralized web host establish in time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized website currently it’s not actually possible i indicate you can do it but it’s quite technical uh.
One-time purchase of domain.
Streamlines way in which individuals communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than traditional domains.
Supports 276 crypto possessions.
Need to invest ETH to claim domain.
Still some question as to whether Unstoppable Domains will attain prevalent adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the current CEO, who saw a requirement for it to be simpler for users to communicate with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to discover IP addresses in order to get to sites, except for crypto addresses.
In this way they have actually prospered significantly, as they have developed a domain system that enables users to set up payments for 276 digital properties under a single domain name, while likewise having the ability to be utilized as a fully operating site that can even have dApps constructed onto them because the domain is hosted on the blockchain. With a single payment and no annual renewal charges, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is exceptionally safe since as soon as claimed the domains exist under your address on blockchain, suggesting they are as safe as the blockchain itself.
It is twice as safe since this likewise suggests that the domain can not be obstructed by anybody 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.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a two main aspects, though it needs to be noted that acquiring a domain is a one-time expense and needs no annual renewals of any sort.
The very first element is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you pick, as cost is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing extra. In addition, there are exceptional domains that cost tens of thousands.