unstoppable domain is a san francisco-based business…Unstoppable Domains New Extensions… that is offering 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 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 benefit 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 constantly needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just totally 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 name so in this video i wish to discuss to you everything that you need to know as a novice about unstoppable domain names make sure to examine the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration actually work i believe
individuals are going to be quite shocked that it’s way more technical and complex than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i state i can certify due to the fact that you can’t get your domain names directly from i can which is again the not-for-profit organization that manages the dns system you have to go through an icann licensed domain register in order to get a domain name and that’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 and that’s what people have actually been providing for the last couple of years in order to get a domain name so that’s why you require to pay an annual fee on your domain names due to the fact that you’re not really 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 computer 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 registry for that extension
Is unstoppable domains on Ethereum? Unstoppable Domains New Extensions
is a verisign for instance so all these different domain name extensions have different computer registries and the function of the computer registry is simply to handle the administrative data for that particular domain nft domain names versus the conventional dns system what’s the difference well the standard dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain pc registries then you have your icann certified domain 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 particularly mean a non-fungible token is simply a piece of data discovered 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 jump 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 currently type of know why due to the fact that those are managed by verisign which is a domain name 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 names right now they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these two are tied to different block chains that’s it so you have Unstoppable Domains New Extensions
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 industrialized and you have a little bit more services and features built around uh at the ethereum blockchain with a dot crypto domain name than you do with a dot zill however functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain names undoubtedly with time as like we have actually decentralized web host develop in time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized site presently it’s not truly possible i mean you can do it but it’s pretty technical uh.
One-time purchase of domain.
Simplifies way in which people communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than traditional domains.
Supports 276 crypto properties.
Have to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will achieve 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 need for it to be simpler 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 sites, except for crypto addresses.
In this manner they have actually prospered significantly, as they have actually produced a domain system that enables users to set up payments for 276 digital properties under a single domain name, while also having the ability to be used as a fully functioning site that can even have actually dApps constructed onto them because the domain is hosted on the blockchain. With no annual renewal and a single payment charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe due to the fact that as soon as claimed the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.
It is doubly safe since this also implies that the domain can not be blocked by anybody aside from you, so your website is never at risk of being down due to censorship. The site for purchasing the domains is safe as well and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a two main aspects, though it must be kept in mind that acquiring a domain is a one-time cost and requires no annual renewals of any sort.
The very first aspect is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you select, as expense is based on 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 premium domains that cost tens of thousands.