unstoppable domain is a san francisco-based company…Register With Namecoin… that is offering domain name 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 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 run by icann so anything always requires approval from that governing body but 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 absolutely nothing that requires any type of approval or approval you as the owner own your domain name so in this video i want to discuss to you whatever that you need to referred to as a beginner about unstoppable domain names make certain to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration actually work i believe
people are going to be quite shocked that it’s method more technical and complicated than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re releasing the domain name through a icann accredited domain name register why do i say i can certify due to the fact that you can’t get your domain directly from i can which is once again the not-for-profit company that handles the dns system you have to go through an icann licensed domain name register in order to get a domain name which’s simply how it works like you’re like why do i need to do that i do not understand why asking me those are simply the guidelines which’s what individuals have been doing for the last few decades in order to get a domain so that’s why you need to pay a yearly cost on your domain since you’re not actually purchasing an owning domain what you’re doing is leasing their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the computer system registry that handles that domain name extension which is then completely managed 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? Register With Namecoin
is a verisign for example so all these different domain name extensions have different pc registries and the function of the windows registry is simply to handle the administrative data for that specific domain name nft domain versus the traditional dns system what’s the distinction well the conventional dns system is a central 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 registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly suggest a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a distinct digital product in this instance our domain names dot crypto versus dot zill what’s the distinction with these two so if you jump 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 should currently type of understand why because those are managed by verisign which is a domain name windows registry which is managed by icann that becomes part of 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 names today they only have a dot crypto in dot zo at the time of recording this video the main difference is that these 2 are tied to various block chains that’s it so you have Register With Namecoin
your dot crypto which is connected to the ethereum blockchain you have your dot zill which is tied to the silica block durian blockchain is way more industrialized and you have a bit more features and services developed 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 customized crypto addresses that can be established as a payment entrance so this is the main function of unstoppable domain clearly in time as like we have actually decentralized webhosting develop with time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized site presently it’s not really possible i imply 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 kept in your wallet.
More performance than conventional domains.
Supports 276 crypto properties.
Have to invest ETH to claim domain.
Still some question as to whether Unstoppable Domains will accomplish extensive adoption.
Some domains are still pre-sale just.
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 connect with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into location, so users did not have to find out IP addresses in order to get to sites, except for crypto addresses.
In this manner they have actually been successful considerably, as they have created 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 website that can even have actually dApps constructed onto them since 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 when declared the domains exist under your address on blockchain, implying they are as protected as the blockchain itself.
It is twice as safe since this also implies that the domain can not be blocked by anyone besides you, so your website is never 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.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a two main aspects, though it must be noted that purchasing a domain is a one-time cost and needs no yearly renewals of any sort.
The first aspect is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you pick, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.