unstoppable domain names is a san francisco-based company…Unstoppable Domains Vs Payid… that is supplying domain name extensions that are connected 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 extension which is connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body however 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 nothing that requires any kind of approval or consent you as the owner own your domain name so in this video i wish to describe to you whatever that you need to called a novice about unstoppable domain make sure to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration in fact work i think
individuals are going to be rather stunned that it’s way more complicated and technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain what you’re doing is you’re launching the domain name through a icann accredited domain name register why do i say i can accredit since you can’t get your domain names straight from i can which is once again the not-for-profit organization that manages the dns system you need to go through an icann certified domain name register in order to get a domain 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 rules which’s what people have actually been providing for the last couple of decades in order to get a domain so that’s why you require to pay a yearly fee on your domain names since you’re not actually purchasing an owning domain 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 manages that domain extension which is then completely 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 Vs Payid
is a verisign for instance so all these various domain extensions have various registries and the function of the registry is just to manage the administrative information for that particular domain name nft domain names versus the standard dns system what’s the difference well the standard dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain windows registries then you have your icann licensed domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter 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 product in this instance our domain names 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 learn that you can’t geta.com.net.org why well you can’t you need to already type of understand why since those are managed by verisign which is a domain name pc registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain names through unstoppable domain names you can just get blockchain based domain right now they only have a dot crypto in dot zo at the time of recording this video the primary difference is that these 2 are connected to different block chains that’s it so you have Unstoppable Domains Vs Payid
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 bit more services and features 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 set up as a payment gateway so this is the main function of unstoppable domain names clearly over time as like we have decentralized web host establish 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 really possible i mean you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies way in which individuals communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than traditional domains.
Supports 276 crypto possessions.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will accomplish widespread 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 easier for users to interact with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered into place, so users did not need to learn IP addresses in order to get to websites, except for crypto addresses.
In this way they have succeeded considerably, as they have actually created a domain system that enables users to set up payments for 276 digital properties under a single domain, while likewise being able to be used as a fully functioning website that can even have dApps constructed onto them since the domain is hosted on the blockchain. With a single payment and no annual renewal charges, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe because as soon as claimed the domains exist under your address on blockchain, implying 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 blocked by anybody besides you, so your website is never at risk of being down due to censorship. The website for buying the domains is safe also and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a two primary aspects, though it ought to be noted that buying a domain is a one-time expense and requires no annual renewals of any sort.
The first factor 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 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 exceptional domains that cost tens of thousands.