unstoppable domain is a san francisco-based business…Unstoppable Domains Icann… that is offering domain extensions that are connected to the blockchain instead of being tied 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 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 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 upon the blockchain and they are just completely decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or permission you as the owner own your domain so in this video i wish to describe to you whatever that you need to referred to as a novice about unstoppable domain names make certain to examine the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain name registration actually work i think
individuals are going to be quite surprised that it’s method more complex and technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i state i can license since you can’t get your domain straight from i can which is again the nonprofit company that handles the dns system you have to go through an icann accredited domain register in order to get a domain name and that’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 just the guidelines and that’s what people have actually been providing for the last few years in order to get a domain name so that’s why you need to pay an annual charge on your domain due to the fact that you’re not actually buying an owning domain 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 pc 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 pc registry for that extension
Is unstoppable domains on Ethereum? Unstoppable Domains Icann
is a verisign for instance so all these different domain name extensions have different computer system registries and the function of the windows registry is just to handle the administrative data for that particular domain nft domain versus the conventional dns system what’s the distinction 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 computer registries then you have your icann accredited 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 mean a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain dot crypto versus dot zill what’s the difference with these 2 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 must already sort of know why since those are managed by verisign which is a domain windows registry which is managed by icann that belongs to 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 today they just have a dot crypto in dot zo at the time of recording this video the main distinction is that these two are connected to various block chains that’s it so you have Unstoppable Domains Icann
your dot crypto which is tied 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 services and features constructed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill but 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 undoubtedly over time as like we have decentralized webhosting develop in time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized site currently it’s not really possible i suggest you can do it but it’s pretty technical uh.
One-time purchase of domain.
Simplifies way in which individuals interact with crypto addresses.
Censor resistant domain saved in your wallet.
More performance than standard domains.
Supports 276 crypto properties.
Need to invest ETH to claim domain.
Still some concern as to whether Unstoppable Domains will attain extensive adoption.
Some domains are still pre-sale only.
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 communicate with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into location, so users did not have to learn IP addresses in order to get to sites, except for crypto addresses.
In this way they have been successful greatly, as they have created a domain system that allows users to set up payments for 276 digital assets under a single domain, while also being able to be used as a fully operating site that can even have actually dApps built onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal charges, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is exceptionally safe since when claimed the domains exist under your address on blockchain, suggesting they are as safe and secure as the blockchain itself.
It is doubly safe since this also implies that the domain can not be obstructed by anyone aside from you, so your website is never at risk of being down due to censorship. The website for purchasing the domains is safe also and can be secured with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary factors, though it ought to be noted that acquiring a domain is a one-time expense and needs 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 upon the domain you pick, as expense is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain name, with much shorter domains costing extra. In addition, there are premium domains that cost 10s of thousands.