unstoppable domain names is a san francisco-based company…Names Of Cryptocurrency… that is offering domain extensions that are tied to the blockchain instead of being tied to the dns system particularly 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 simply that they are decentralized so the dns system is managed and run by icann so anything constantly requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are just totally 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 wish to explain to you everything that you require to referred to as a newbie 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 name registration really work i believe
people are going to be rather surprised that it’s method more complicated and technical than you envisioned 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 name through a icann certified domain register why do i state i can license because you can’t get your domain straight from i can which is again the not-for-profit organization that handles the dns system you need to go through an icann accredited domain name register in order to get a domain and that’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are simply the rules and that’s what individuals have been doing for the last few decades in order to get a domain name so that’s why you require to pay an annual fee on your domain names since you’re not in fact purchasing an owning domain 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 name extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension
Is unstoppable domains on Ethereum? Names Of Cryptocurrency
is a verisign for instance so all these various domain name extensions have various pc registries and the function of the pc registry is just to handle the administrative information for that particular domain name nft domain versus the standard dns system what’s the difference well the standard dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain computer 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 simply a piece of information found on a blockchain that is verifiable and represents an unique 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 discover that you can’t geta.com.net.org why well you can’t you must already type of know why since those are managed by verisign which is a domain pc 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 you can only get blockchain based domain right now they only have a dot crypto in dot zo at the time of taping this video the primary difference is that these 2 are connected to different block chains that’s it so you have Names Of Cryptocurrency
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 developed and you have a little bit more services and functions constructed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however functionally speaking they are the same tailored crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain names undoubtedly with time as like we have decentralized web host establish gradually it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized website currently it’s not truly possible i suggest you can do it but it’s quite technical uh.
One-time purchase of domain.
Streamlines method which people connect with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than standard domains.
Supports 276 crypto properties.
Have to invest ETH to claim domain.
Still some concern as to whether Unstoppable Domains will accomplish prevalent adoption.
Some domains are still pre-sale only.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the current CEO, who saw a requirement for it to be easier for users to connect with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to learn IP addresses in order to get to websites, except for crypto addresses.
In this way they have actually been successful greatly, as they have created a domain system that permits users to establish payments for 276 digital assets under a single domain name, while also being able to be used as a completely functioning site that can even have actually dApps built onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe because as soon as claimed the domains exist under your address on blockchain, suggesting they are as protected as the blockchain itself.
It is doubly safe due to the fact that this likewise implies that the domain can not be obstructed by anybody other than you, so your site is never ever at risk of being down due to censorship. The site for buying the domains is safe as well and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a 2 main elements, though it must be noted that acquiring a domain is a one-time expense and requires no yearly 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 upon domain type (. crypto is more than.wallet for instance), and the length of the domain name, with much shorter domains costing extra. In addition, there are superior domains that cost 10s of thousands.