unstoppable domain is a san francisco-based business…Unstoppable Domains Solana… that is supplying 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 connected 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 extensions is just that they are decentralized so the dns system is managed and operated by icann so anything always requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that requires any kind of approval or consent you as the owner own your domain name so in this video i want to describe to you whatever that you need to referred to as a novice about unstoppable domain ensure to check the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration actually work i think
people are going to be rather surprised that it’s way more complicated and technical than you imagined 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 certified domain name register why do i state i can license since you can’t get your domain straight from i can which is once again the nonprofit organization that manages the dns system you need to go through an icann certified domain register in order to get a domain which’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are simply the rules which’s what people have been doing for the last couple of years in order to get a domain so that’s why you require to pay an annual fee on your domain because you’re not actually buying an owning domain name what you’re doing is renting 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 manages that domain extension which is then absolutely managed 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 Solana
is a verisign for example so all these different domain name extensions have different windows registries and the role of the computer registry is just to manage the administrative information for that specific domain nft domain names versus the conventional dns system what’s the distinction well the traditional dns system is a central system as i mentioned 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 significance like you can’t jump in and change it however like what does that specifically mean a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents an unique digital item 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 currently kind of know why due to the fact that those are handled by verisign which is a domain name computer registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can only get blockchain based domain today they just have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these two are connected to different block chains that’s it so you have Unstoppable Domains Solana
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 bit more services and features constructed 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 individualized crypto addresses that can be set up as a payment gateway so this is the main function of unstoppable domain names obviously in time as like we have actually decentralized web host develop over time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not actually possible i mean you can do it but it’s pretty technical uh.
One-time purchase of domain.
Streamlines way in which people communicate with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than standard domains.
Supports 276 crypto assets.
Need to invest ETH to claim domain.
Still some concern as to 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 existing CEO, who saw a need for it to be easier for users to communicate with crypto addresses. The objective 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 prospered considerably, as they have actually created a domain system that enables users to establish payments for 276 digital assets under a single domain, while also being able to be utilized as a fully functioning site that can even have dApps built onto them because the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe because once declared the domains exist under your address on blockchain, indicating they are as protected as the blockchain itself.
It is twice as safe due to the fact that this likewise implies that the domain can not be blocked by anybody other than you, so your site is never at risk of being down due to censorship. The site for acquiring the domains is safe as well and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a two primary aspects, though it needs to be noted that purchasing a domain is a one-time cost and needs no annual renewals of any sort.
The very 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 expense is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing extra. In addition, there are superior domains that cost tens of thousands.