unstoppable domain names is a san francisco-based business…Unstoppable Domains Black Friday… that is supplying 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 name extension which is tied 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 controlled and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or authorization you as the owner own your domain name so in this video i want to discuss to you everything that you need to referred to as a newbie about unstoppable domain names make sure 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 quite shocked that it’s method more technical and complex than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain what you’re doing is you’re releasing the domain name through a icann accredited domain register why do i say i can accredit because you can’t get your domain names straight from i can which is again the nonprofit organization that handles the dns system you have 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 rules which’s what people have been doing for the last few years in order to get a domain name so that’s why you need to pay an annual fee on your domain due to the fact that you’re not actually 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 registry that manages that domain name extension which is then completely handled 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? Unstoppable Domains Black Friday
is a verisign for instance so all these various domain name extensions have different registries and the function of the computer system registry is just to handle the administrative data for that particular domain name nft domain versus the conventional dns system what’s the difference 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 computer system registries then you have your icann licensed domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it but like what does that specifically imply a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a special digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference with these 2 so if you jump 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 currently sort of understand why since 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 only get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the main difference is that these two are tied to various block chains that’s it so you have Unstoppable Domains Black Friday
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 little bit more services and features constructed around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill but functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain names obviously gradually as like we have actually decentralized web host establish in time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized website currently it’s not truly possible i indicate you can do it but it’s pretty technical uh.
Pros.
One-time purchase of domain.
Simplifies way in which individuals communicate with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than traditional domains.
Supports 276 crypto assets.
Cons.
Have to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will attain prevalent 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 requirement for it to be much easier for users to connect with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered 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 succeeded significantly, as they have actually produced a domain system that permits users to set up payments for 276 digital properties under a single domain, while also having the ability to be used as a completely functioning website 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 yearly renewal costs, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is exceptionally safe due to the fact that once declared the domains exist under your address on blockchain, suggesting they are as secure as the blockchain itself.
It is doubly safe because this also means that the domain can not be blocked by anybody other than you, so your website is never ever at risk of being down due to censorship. The site for acquiring the domains is safe also and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a two primary aspects, though it must be noted that acquiring a domain is a one-time expense and needs no annual renewals of any sort.
The very first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain, with much shorter domains costing extra. In addition, there are premium domains that cost tens of thousands.