unstoppable domain is a san francisco-based business…Unstoppable Domains Meaning… that is providing domain extensions that are tied 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 connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled and run by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that needs any type of approval or authorization you as the owner own your domain so in this video i want to explain to you whatever that you need to referred to as a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration in fact work i believe
individuals are going to be quite stunned that it’s method more complicated and technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re releasing the domain through a icann accredited domain register why do i say i can certify due to the fact that you can’t get your domain directly from i can which is once again the nonprofit organization that handles the dns system you need to go through an icann licensed domain name register in order to get a domain name which’s just how it works like you resemble why do i have to do that i don’t understand why asking me those are simply the rules which’s what people have been providing for the last couple of decades in order to get a domain so that’s why you require to pay a yearly cost on your domain names due to the fact that you’re not in fact purchasing an owning domain 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 windows registry that manages 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 Meaning
is a verisign for example so all these various domain name extensions have various computer system registries and the function of the registry is simply to handle the administrative information for that particular domain name nft domain versus the standard dns system what’s the difference well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain computer 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 but like what does that specifically indicate a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents an unique digital product in this instance our domain dot crypto versus dot zill what’s the distinction 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 ought to already kind of know why due to the fact that those are handled by verisign which is a domain computer registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can only get blockchain based domain names right now they only have a dot crypto in dot zo at the time of recording this video the primary distinction is that these 2 are tied to different block chains that’s it so you have Unstoppable Domains Meaning
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 bit more features and services constructed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same customized crypto addresses that can be established as a payment entrance so this is the main function of unstoppable domain certainly in time as like we have actually decentralized webhosting 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 really possible i indicate you can do it however it’s quite technical uh.
One-time purchase of domain.
Streamlines method which individuals interact with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than standard domains.
Supports 276 crypto properties.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will attain prevalent 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 aim of Unstoppable Domains is to be like the DNS system that came into location, 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 been successful significantly, as they have actually created a domain system that allows users to establish payments for 276 digital properties under a single domain name, while also being able to be used as a completely operating website that can even have actually dApps constructed onto them because the domain is hosted on the blockchain. With a single payment and no annual renewal charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe due to the fact that once claimed the domains exist under your address on blockchain, indicating they are as secure as the blockchain itself.
It is doubly safe due to the fact that this also implies that the domain can not be obstructed by anybody besides you, so your website is never ever at risk of being down due to censorship. The site for buying the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 main elements, though it ought to be noted that acquiring 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 vary from $20 USD to well over $1000 USD depending on the domain you choose, as expense is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing additional. In addition, there are exceptional domains that cost tens of thousands.