Find The Use Of Blockchain Technology In Different Application Domains Online FAQ

https://www.youtube.com/watch?v=llN4glENHK0

 

unstoppable domain is a san francisco-based company…The Use Of Blockchain Technology In Different Application Domains… that is providing domain name extensions that are tied to the blockchain instead of being connected 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 advantage of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and run by icann so anything always needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply entirely decentralized so there’s no governing body there’s nothing that needs any kind of approval or permission you as the owner own your domain so in this video i want to describe to you whatever that you require to called a newbie about unstoppable domain names make sure to inspect 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 shocked that it’s method more technical and complex than you thought of 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 launching the domain through a icann licensed domain register why do i say i can certify due to the fact that you can’t get your domain straight from i can which is once again the not-for-profit organization that manages the dns system you have to go through an icann accredited domain name register in order to get a domain name and that’s simply how it works like you’re like why do i have to do that i do not know why asking me those are simply the rules which’s what individuals have actually been doing for the last few decades 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 actually purchasing an owning domain name 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 pc registry that handles that domain name extension which is then absolutely managed and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension

Is unstoppable domains on Ethereum? The Use Of Blockchain Technology In Different Application Domains

is a verisign for example so all these different domain extensions have different pc registries and the role of the windows registry is just to manage the administrative information for that particular domain nft domain names versus the standard dns system what’s the difference well the conventional dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain windows registries then you have your icann accredited domain name 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 specifically imply a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents an unique digital item in this instance our domain dot crypto versus dot zill what’s the distinction with these two 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 need to already type of understand why because those are handled by verisign which is a domain name pc registry which is handled by icann that becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain names you can just get blockchain based domain names today they just 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 The Use Of Blockchain Technology In Different Application Domains

https://www.youtube.com/watch?v=2HNAaf6rIec

 

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 developed and you have a bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill however functionally speaking they are the same personalized crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain names certainly gradually as like we have actually decentralized web host establish with time it will be possible to utilize like a decentralized domain and a decentralized webhosting to create your own decentralized site presently it’s not truly possible i mean you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies method which individuals engage with crypto addresses.

Censor resistant domain stored in your wallet.

More functionality than traditional domains.

Supports 276 crypto possessions.

Cons.

Need to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will accomplish widespread 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 requirement for it to be simpler for users to communicate with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into place, so users did not need to discover IP addresses in order to get to websites, except for crypto addresses.

In this way they have actually succeeded greatly, as they have produced a domain system that allows users to establish payments for 276 digital assets under a single domain name, while likewise being able to be utilized as a completely operating website that can even have actually dApps developed 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 appealing 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 likewise implies that the domain can not be obstructed by anyone besides you, so your site is never at risk of being down due to censorship. The site for buying 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 elements, though it ought to be noted that acquiring a domain is a one-time cost and requires no annual renewals of any sort.

The very first aspect is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you pick, as cost is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing additional. In addition, there are premium domains that cost tens of thousands.