unstoppable domain names is a san francisco-based business…Sell Domain Name Nft… that is providing domain name extensions that are connected to the blockchain instead of being connected 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 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 controlled and operated 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 just completely decentralized so there’s no governing body there’s nothing that requires any type of approval or consent you as the owner own your domain name so in this video i want to discuss to you whatever that you need to called a newbie about unstoppable domain names ensure to examine the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration actually work i believe
people are going to be quite shocked that it’s method more technical and complex than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i say i can license due to the fact that you can’t get your domain directly from i can which is once again the nonprofit company that handles the dns system you need to go through an icann accredited domain register in order to get a domain which’s simply how it works like you resemble why do i need to do that i don’t know why asking me those are simply the guidelines and that’s what people have actually been providing for the last couple of years in order to get a domain so that’s why you require to pay an annual cost on your domain due to the fact that you’re not really buying 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 computer system registry that manages that domain extension which is then absolutely managed and organized 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? Sell Domain Name Nft
is a verisign for example so all these different domain extensions have various computer registries and the role of the computer registry is simply to handle the administrative information for that specific domain name nft domain versus the standard 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 actually icann you have your domain pc registries then you have your icann certified 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 imply 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 dot crypto versus dot zill what’s the difference with these two 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 already sort of understand why due to the fact that those are managed by verisign which is a domain name registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these 2 are connected to different block chains that’s it so you have Sell Domain Name Nft
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 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 customized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain names undoubtedly gradually as like we have actually decentralized web host develop over time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized site currently it’s not truly possible i imply you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies way in which individuals communicate with crypto addresses.
Censor resistant domain saved in your wallet.
More performance than traditional domains.
Supports 276 crypto assets.
Need to spend ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will achieve extensive 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 requirement for it to be easier for users to communicate 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 way they have actually succeeded considerably, as they have developed a domain system that permits users to set up payments for 276 digital assets under a single domain, while also being able to be utilized as a completely operating website that can even have dApps built onto them due to the fact that the domain is hosted on the blockchain. With no annual renewal and a single payment costs, 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, suggesting they are as protected as the blockchain itself.
It is two times as safe because this also means that the domain can not be blocked by anybody aside from you, so your site is never ever at risk of being down due to censorship. The site for purchasing the domains is safe too and can be secured with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a 2 primary factors, though it ought to be noted that buying a domain is a one-time cost and needs no yearly renewals of any sort.
The 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 select, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing extra. In addition, there are premium domains that cost tens of thousands.