unstoppable domain is a san francisco-based company…What Is A Namecoin Address… that is offering domain 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 advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always requires approval from that governing body but 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 absolutely nothing that requires any kind of approval or consent you as the owner own your domain so in this video i wish to describe to you whatever that you require to referred to as a newbie about unstoppable domain ensure to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration actually work i believe
people are going to be rather shocked that it’s method more complex and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re launching the domain through a icann accredited domain register why do i say i can certify due to the fact that you can’t get your domain directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann accredited domain register in order to get a domain which’s just how it works like you resemble why do i need to do that i do not know why asking me those are simply the guidelines which’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 since you’re not actually buying an owning domain what you’re doing is leasing 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 computer system registry that handles that domain name extension which is then totally managed 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? What Is A Namecoin Address
is a verisign for instance so all these different domain name extensions have different pc registries and the function of the windows registry is just to handle the administrative data for that specific domain name nft domain versus the standard dns system what’s the difference well the conventional dns system is a central system as i mentioned earlier based around icann so you have actually 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 change it however like what does that particularly indicate a non-fungible token is just a piece of data found 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 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 sort of know why due to the fact that those are managed by verisign which is a domain registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain through unstoppable domain names you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these 2 are connected to different block chains that’s it so you have What Is A Namecoin Address
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 developed and you have a little bit more functions and services constructed 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 obviously over time as like we have 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 presently it’s not really possible i suggest you can do it however it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which people communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than standard domains.
Supports 276 crypto properties.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will attain 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 requirement for it to be easier for users to connect with crypto addresses. The goal 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 manner they have actually prospered significantly, as they have actually developed a domain system that permits users to establish payments for 276 digital properties under a single domain name, while likewise having the ability to be used as a fully functioning website that can even have dApps developed onto them because the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe since once declared the domains exist under your address on blockchain, meaning they are as secure as the blockchain itself.
It is doubly safe since this also means 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 website 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 2 main elements, though it should be kept in mind that acquiring a domain is a one-time cost and needs no yearly renewals of any sort.
The 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 cost is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing extra. In addition, there are superior domains that cost 10s of thousands.