unstoppable domain names is a san francisco-based business…Unstoppable Domains Revenue… 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 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 benefit of using these blockchain based domain name extensions is just that they are decentralized so the dns system is managed and operated by icann so anything constantly requires approval from that governing body however 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 nothing that needs any kind of approval or authorization you as the owner own your domain name so in this video i wish to discuss to you whatever that you require to know as a beginner about unstoppable domain names ensure 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 really work i believe
individuals are going to be quite surprised that it’s method more technical and complicated than you imagined 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 certified domain register why do i say i can certify because you can’t get your domain straight from i can which is again the nonprofit organization that handles the dns system you need to go through an icann licensed domain register in order to get a domain which’s simply how it works like you resemble why do i have to do that i don’t know why asking me those are simply the rules and that’s what individuals have been doing for the last few years in order to get a domain name so that’s why you require to pay an annual charge on your domain names since you’re not actually buying 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 system registry that handles that domain name extension which is then totally managed 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 Revenue
is a verisign for instance so all these various domain extensions have various pc registries and the function of the computer registry is just to manage the administrative information for that particular domain name nft domain versus the traditional dns system what’s the distinction 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 certified domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that particularly suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents an unique digital item in this instance our domain names dot crypto versus dot zill what’s the distinction with these two 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 should already kind of understand why due to the fact that those are handled by verisign which is a domain name windows registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain right now they just 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 Revenue
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 functions built around uh at the ethereum blockchain with a dot crypto domain 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 main function of unstoppable domain names undoubtedly with time as like we have decentralized webhosting develop gradually it will be possible to use like a decentralized domain name and a decentralized web host to develop your own decentralized website presently it’s not truly possible i imply you can do it but it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which individuals communicate with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than conventional domains.
Supports 276 crypto assets.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will attain widespread 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 need for it to be much easier for users to communicate with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered 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 developed a domain system that permits users to establish payments for 276 digital possessions under a single domain, while likewise having the ability to be utilized as a fully operating site that can even have dApps constructed onto them because the domain is hosted on the blockchain. With a single payment and no yearly renewal charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe because when claimed the domains exist under your address on blockchain, meaning they are as safe and secure as the blockchain itself.
It is doubly safe since this likewise implies that the domain can not be blocked by anyone aside from you, so your site is never ever at risk of being down due to censorship. The site for buying the domains is safe also and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a 2 main factors, though it ought to be kept in mind that acquiring a domain is a one-time expense and needs no yearly 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 upon the domain you pick, as cost 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 10s of thousands.