unstoppable domain names is a san francisco-based company…”The Blockchain Domain”… that is providing 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 connected 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 always 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 absolutely nothing that requires any kind of approval or authorization you as the owner own your domain so in this video i wish to describe to you everything that you need to know as a newbie about unstoppable domain names ensure 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
people are going to be quite stunned that it’s way more technical and complicated than you envisioned 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 accredited domain register why do i state i can license since you can’t get your domain straight from i can which is once again the not-for-profit organization that handles the dns system you have to go through an icann certified domain name register in order to get a domain which’s just how it works like you resemble why do i have to do that i do not know why asking me those are simply the rules and that’s what people have actually been providing for the last few years in order to get a domain so that’s why you need to pay a yearly fee on your domain names due to the fact that you’re not actually purchasing an owning domain name 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 computer system registry that handles that domain extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension
Is unstoppable domains on Ethereum? “The Blockchain Domain”
is a verisign for instance so all these different domain name extensions have various registries and the role of the registry is just to handle the administrative information for that particular domain nft domain versus the traditional dns system what’s the distinction well the standard dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain windows 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 particularly suggest a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents an unique digital item in this circumstances our domain names 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 currently sort of understand why since those are handled by verisign which is a domain name pc registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain names you can just get blockchain based domain names right now they just have a dot crypto in dot zo at the time of taping this video the primary difference is that these two are connected to various block chains that’s it so you have “The Blockchain Domain”
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 built 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 individualized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names certainly in time as like we have actually decentralized webhosting establish gradually it will be possible to utilize like a decentralized domain and a decentralized webhosting to produce your own decentralized site presently it’s not actually possible i suggest you can do it however it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which people connect with crypto addresses.
Censor resistant domain kept 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 achieve prevalent adoption.
Some domains are still pre-sale just.
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 interact with crypto addresses. The objective 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 sites, except for crypto addresses.
In this way they have actually been successful considerably, as they have actually produced a domain system that enables users to set up payments for 276 digital properties under a single domain name, while also being able to be utilized 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 annual renewal costs, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe because as soon as declared the domains exist under your address on blockchain, meaning they are as safe and secure as the blockchain itself.
It is two times as safe due to the fact that this also means that the domain can not be blocked by anybody aside from you, so your site is never at risk of being down due to censorship. The site 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 primary aspects, though it ought to be kept in mind that buying a domain is a one-time cost and needs no yearly renewals of any sort.
The first factor is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you choose, as cost is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with much shorter domains costing extra. In addition, there are exceptional domains that cost 10s of thousands.