unstoppable domain is a san francisco-based company…Unstoppable Domains Trezor… that is providing domain name extensions that are tied to the blockchain instead of being tied to the dns system particularly you can get a dot crypto which is tied to the ethereum blockchain or you can get a zillow domain name extension which is tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is just that they are decentralized so the dns system is managed and run by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or authorization you as the owner own your domain name so in this video i want to describe to you whatever that you require to know as a novice about unstoppable domain names make sure to examine 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 think
individuals are going to be quite stunned that it’s way more technical and complex than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re launching the domain through a icann certified domain register why do i state i can certify because you can’t get your domain directly from i can which is again the not-for-profit organization that manages the dns system you have to go through an icann certified domain name register in order to get a domain name and that’s just how it works like you’re like why do i need to do that i don’t understand why asking me those are just the guidelines which’s what people have actually been doing for the last couple of decades in order to get a domain so that’s why you need to pay an annual cost on your domain names due to the fact that you’re not actually purchasing an owning domain name what you’re doing is renting 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 handles that domain name extension which is then absolutely handled and organized 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 Trezor
is a verisign for example so all these various domain extensions have different registries and the role of the pc registry is just to manage the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the distinction well the conventional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer system registries then you have your icann accredited 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 specifically suggest a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a distinct digital product in this circumstances 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 discover that you can’t geta.com.net.org why well you can’t you need to currently sort of know why since those are handled by verisign which is a domain name 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 you can only get blockchain based domain today they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these 2 are tied to different block chains that’s it so you have Unstoppable Domains Trezor
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 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 individualized crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain names obviously in time as like we have actually decentralized web host establish in time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized website currently it’s not really possible i indicate you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies way in which individuals connect with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than standard domains.
Supports 276 crypto properties.
Have to spend ETH to claim domain.
Still some concern regarding whether Unstoppable Domains will achieve widespread adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a need for it to be much easier for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered 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 prospered greatly, as they have created a domain system that allows users to set up payments for 276 digital possessions under a single domain name, while likewise being able to be used as a totally working site that can even have dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal costs, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe due to the fact that as soon as declared the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.
It is doubly safe since this also indicates that the domain can not be obstructed by anyone aside from you, so your site is never ever at risk of being down due to censorship. The site for purchasing the domains is safe also and can be secured with two-factor authentication.
Just How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a two primary factors, though it needs to be kept in mind that buying a domain is a one-time cost and requires no annual renewals of any sort.
The first aspect is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending upon the domain you choose, as cost 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 exceptional domains that cost 10s of thousands.