Find Why Do You Need A Domain Name When Generating Crypto Keys Online FAQ

https://www.youtube.com/watch?v=llN4glENHK0

 

unstoppable domain is a san francisco-based company…Why Do You Need A Domain Name When Generating Crypto Keys… that is providing domain name extensions that are connected to the blockchain instead of being connected 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 tied 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 constantly needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that requires any kind of approval or approval you as the owner own your domain so in this video i want to describe to you everything that you require to know as a beginner about unstoppable domain names make sure to examine the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain name registration actually work i believe

people are going to be rather surprised that it’s method more technical and complicated than you thought of 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 launching the domain through a icann certified domain register why do i say i can license because you can’t get your domain names directly from i can which is again the not-for-profit organization that handles the dns system you need to go through an icann accredited domain register in order to get a domain and that’s just how it works like you’re like why do i have to do that i don’t understand why asking me those are just the rules and that’s what individuals have been doing for the last couple of decades in order to get a domain name so that’s why you need to pay a yearly cost on your domain names because you’re not actually purchasing an owning domain name 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 registry that manages that domain name extension which is then completely managed and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension

Is unstoppable domains on Ethereum? Why Do You Need A Domain Name When Generating Crypto Keys

is a verisign for instance so all these different domain extensions have various windows registries and the function of the pc registry is simply to handle the administrative information for that particular domain name nft domain versus the standard dns system what’s the difference well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain windows registries then you have your icann accredited 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 particularly mean a non-fungible token is just a piece of information discovered 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 jump 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 understand why due to the fact that those are managed by verisign which is a domain registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can only 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 two are connected to different block chains that’s it so you have Why Do You Need A Domain Name When Generating Crypto Keys

https://www.youtube.com/watch?v=2HNAaf6rIec

 

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 functions built around uh at the ethereum blockchain with a dot crypto domain than you make 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 clearly in time as like we have decentralized webhosting establish gradually it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not truly possible i mean you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals engage with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than conventional domains.

Supports 276 crypto possessions.

Cons.

Need to spend ETH to claim domain.

Still some question as to whether Unstoppable Domains will accomplish 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 aim of Unstoppable Domains is to be like the DNS system that entered location, so users did not have to discover IP addresses in order to get to websites, except for crypto addresses.

In this manner they have actually succeeded considerably, as they have actually produced a domain system that permits users to set up payments for 276 digital assets under a single domain name, while also having the ability to be used as a completely operating site that can even have dApps constructed onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe since when claimed the domains exist under your address on blockchain, implying they are as secure as the blockchain itself.

It is two times as safe due to the fact that this likewise suggests that the domain can not be obstructed by anybody aside from you, so your site is never at risk of being down due to censorship. The site for acquiring the domains is safe also and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends upon a two main factors, though it must be noted that acquiring a domain is a one-time expense and requires no yearly renewals of any sort.

The very first element is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you choose, as cost is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing extra. In addition, there are premium domains that cost 10s of thousands.