https://www.youtube.com/watch?v=llN4glENHK0
unstoppable domain names is a san francisco-based company…Unstoppable Domains Mint Polygon… that is supplying domain name extensions that are tied 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 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 operated by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just 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 so in this video i want to discuss to you whatever that you require to referred to as a newbie about unstoppable domain make sure to inspect the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain name registration actually work i think
individuals are going to be quite stunned that it’s way more complex and technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re releasing the domain through a icann accredited domain register why do i state i can accredit due to the fact that you can’t get your domain straight from i can which is again the not-for-profit organization that handles the dns system you need to go through an icann accredited domain name register in order to get a domain name which’s just how it works like you’re like why do i have to do that i do not know why asking me those are just the guidelines and that’s what people have actually been doing for the last few decades in order to get a domain so that’s why you need to pay an annual charge on your domain because you’re not in fact purchasing 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 registry that handles that domain name extension which is then absolutely handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension
Is unstoppable domains on Ethereum? Unstoppable Domains Mint Polygon
is a verisign for example so all these different domain name extensions have various windows registries and the role of the computer system registry is just to handle the administrative data for that specific domain nft domain names versus the traditional dns system what’s the distinction well the conventional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain windows registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal significance 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 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 difference with these 2 so if you leap over to unstoppabledomainnames.com link in the description you’re going to find out that you can’t geta.com.net.org why well you can’t you should already kind of understand why due to the fact that those are managed by verisign which is a domain computer registry which is managed by icann that’s part of 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 names today they only have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these 2 are connected to various block chains that’s it so you have Unstoppable Domains Mint Polygon
https://www.youtube.com/watch?v=2HNAaf6rIec
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 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 clearly over time as like we have decentralized webhosting establish gradually it will be possible to use like a decentralized domain and a decentralized web host to produce your own decentralized website presently it’s not truly possible i imply you can do it but it’s quite technical uh.
Pros.
One-time purchase of domain.
Simplifies method which people connect with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than standard domains.
Supports 276 crypto assets.
Cons.
Have to invest ETH to claim domain.
Still some concern 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 current CEO, who saw a need for it to be simpler for users to interact with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into place, so users did not have to learn IP addresses in order to get to websites, except for crypto addresses.
In this manner they have prospered considerably, as they have actually developed a domain system that enables users to set up payments for 276 digital properties under a single domain, while likewise having the ability to be utilized as a completely operating 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 very safe since once claimed the domains exist under your address on blockchain, indicating they are as safe and secure as the blockchain itself.
It is two times as safe due to the fact that this likewise indicates that the domain can not be obstructed by anybody aside from you, so your site is never at risk of being down due to censorship. The website for buying the domains is safe too and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a two main factors, though it ought to be noted that purchasing a domain is a one-time expense and requires no annual renewals of any sort.
The first aspect is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you select, as cost is based upon 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.