unstoppable domain is a san francisco-based company…Namecoin Wat Is?… that is supplying 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 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 advantage of using these blockchain based domain name extensions is simply 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 simply totally decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or approval you as the owner own your domain name so in this video i wish to discuss to you everything that you need to referred to as a newbie about unstoppable domain ensure to examine the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration really work i think
people are going to be quite stunned that it’s method more complex and technical than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing 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 accredit because you can’t get your domain names directly from i can which is once again the nonprofit organization that handles the dns system you have to go through an icann certified domain name register in order to get a domain name and that’s simply how it works like you resemble why do i need to do that i do not know why asking me those are simply the rules which’s what people have actually been providing for the last few decades in order to get a domain name so that’s why you require to pay a yearly charge on your domain names since you’re not really purchasing an owning domain name 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 registry that manages that domain name extension which is then absolutely handled and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension
Is unstoppable domains on Ethereum? Namecoin Wat Is?
is a verisign for instance so all these various domain extensions have different registries and the role of the pc registry is simply to manage the administrative data for that specific domain name nft domain names versus the traditional 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 pc 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 but like what does that particularly mean a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents a distinct digital item in this instance our domain 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 learn that you can’t geta.com.net.org why well you can’t you need to currently type of know why because those are handled by verisign which is a domain registry which is handled by icann that becomes part of 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 today they only have a dot crypto in dot zo at the time of recording this video the primary distinction is that these 2 are connected to various block chains that’s it so you have Namecoin Wat Is?
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 industrialized and you have a bit more functions and services developed 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 individualized crypto addresses that can be set up as a payment gateway so this is the primary function of unstoppable domain undoubtedly with time as like we have actually decentralized web host establish in time it will be possible to use like a decentralized domain and a decentralized webhosting to produce your own decentralized site presently it’s not truly possible i mean you can do it however it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which people engage with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than conventional domains.
Supports 276 crypto properties.
Have to invest ETH to claim domain.
Still some concern as to whether Unstoppable Domains will achieve 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 need for it to be simpler for users to engage with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered place, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.
In this manner they have actually succeeded considerably, as they have actually developed a domain system that permits users to set up payments for 276 digital properties under a single domain, while likewise having the ability to be utilized as a completely working website that can even have actually dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With no yearly renewal and a single payment charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe since once claimed the domains exist under your address on blockchain, indicating they are as safe and secure as the blockchain itself.
It is twice as safe due to the fact that this likewise means that the domain can not be obstructed by anybody aside from you, so your website is never ever at risk of being down due to censorship. The website for purchasing 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 aspects, though it should be noted that purchasing a domain is a one-time cost and needs no annual renewals of any sort.
The first aspect is the expense of the domain itself, this can range 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 example), and the length of the domain name, with shorter domains costing extra. In addition, there are superior domains that cost 10s of thousands.