unstoppable domain names is a san francisco-based company…Namecoin Whitecoin… that is providing domain 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 name extension which is tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything constantly needs 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 requires any type of approval or permission you as the owner own your domain so in this video i wish to explain to you whatever that you need to know as a newbie about unstoppable domain make sure to inspect the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain registration actually work i think
individuals are going to be rather surprised that it’s method more technical and complex than you envisioned 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 through a icann certified domain register why do i say i can license due to the fact that you can’t get your domain straight from i can which is once again the not-for-profit organization that manages the dns system you have to go through an icann accredited domain register in order to get a domain and that’s just how it works like you’re like why do i need to do that i don’t understand 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 so that’s why you require to pay an annual charge on your domain because you’re not actually purchasing an owning domain 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 registry that handles that domain name extension which is then totally managed 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 Whitecoin
is a verisign for example so all these various domain name extensions have various computer system registries and the role of the pc registry is just to manage the administrative information for that specific domain nft domain names versus the standard dns system what’s the difference well the conventional 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 licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning 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 data found on a blockchain that is verifiable and represents a special digital product in this circumstances our domain dot crypto versus dot zill what’s the distinction 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 should currently kind of understand why because those are managed by verisign which is a domain name computer system registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can just get blockchain based domain today they only 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 Whitecoin
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 features developed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same customized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names undoubtedly with time as like we have decentralized web host establish in time it will be possible to use like a decentralized domain name 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.
Simplifies method which people communicate with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than traditional domains.
Supports 276 crypto assets.
Have to spend ETH to claim domain.
Still some question regarding whether Unstoppable Domains will attain prevalent 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 need for it to be simpler for users to engage with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered into place, so users did not need to find out IP addresses in order to get to sites, except for crypto addresses.
In this way they have prospered significantly, as they have produced a domain system that permits users to establish payments for 276 digital possessions under a single domain, while also being able to be used as a completely working site that can even have actually dApps built onto them because 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 very safe since once claimed the domains exist under your address on blockchain, implying they are as safe as the blockchain itself.
It is two times as safe due to the fact that this also implies that the domain can not be blocked by anyone other than you, so your site 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.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 main factors, though it must be noted that purchasing a domain is a one-time cost and requires 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 upon the domain you pick, as cost is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing extra. In addition, there are premium domains that cost 10s of thousands.