unstoppable domain is a san francisco-based company…Nft Domains Explained… that is providing domain extensions that are tied to the blockchain instead of being tied 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 extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled and run by icann so anything constantly requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply completely decentralized so there’s no governing body there’s nothing that needs any type of approval or permission you as the owner own your domain name so in this video i wish to describe to you everything that you require to know as a beginner about unstoppable domain make certain to examine the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain name registration actually work i believe
people are going to be rather shocked that it’s method more complicated and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i state i can certify due to the fact that you can’t get your domain names straight from i can which is 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 name which’s simply how it works like you resemble why do i need to do that i do not understand why asking me those are just the guidelines and that’s what individuals have been providing for the last couple of decades in order to get a domain name so that’s why you need to pay an annual cost on your domain names since you’re not actually buying 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 computer registry that handles that domain extension which is then absolutely handled and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension
Is unstoppable domains on Ethereum? Nft Domains Explained
is a verisign for example so all these various domain name extensions have various computer system registries and the function of the pc registry is just to manage the administrative information for that particular domain name nft domain versus the traditional dns system what’s the distinction well the conventional dns system is a centralized system as i mentioned earlier based around icann so you have actually 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 change it however like what does that specifically suggest a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a distinct digital item 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 find out that you can’t geta.com.net.org why well you can’t you ought to currently type of understand why since those are managed by verisign which is a domain name registry which is handled by icann that becomes part of the dns system that’s why you can’t get those types of domain through unstoppable domain you can only get blockchain based domain names right now they only have a dot crypto in dot zo at the time of tape-recording this video the main difference is that these 2 are connected to various block chains that’s it so you have Nft Domains Explained
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 services and features built around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill however functionally speaking they are the same tailored crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain certainly with time as like we have decentralized web host develop with 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 imply you can do it however it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which individuals engage with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than standard domains.
Supports 276 crypto properties.
Need to invest ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will accomplish prevalent adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a need for it to be easier for users to interact with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered into place, so users did not have to find out IP addresses in order to get to websites, except for crypto addresses.
In this manner they have prospered significantly, as they have actually created a domain system that allows users to establish payments for 276 digital assets under a single domain, while likewise having the ability to be utilized 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 charges, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely 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 doubly safe due to the fact that this also suggests that the domain can not be blocked by anybody besides you, so your site is never at risk of being down due to censorship. The site for acquiring the domains is safe too and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a 2 primary factors, though it should be noted that acquiring a domain is a one-time cost and requires no yearly renewals of any sort.
The first factor is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending upon the domain you choose, as expense 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 superior domains that cost tens of thousands.