This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstopabledomains… These domains can not just be used as totally practical web pages, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can receive over 275 different crypto coins and tokens. By providing intricate crypto addresses a human understandable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company that is offering domain name extensions that are tied 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 advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is controlled and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or authorization you as the owner own your domain so in this video i want to explain to you whatever that you need to know as a beginner about unstoppable domain names ensure to inspect the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain registration in fact work i think
individuals are going to be rather shocked that it’s method more technical and complicated than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact buying the domain what you’re doing is you’re launching the domain name through a icann accredited domain register why do i say i can certify since you can’t get your domain names directly from i can which is again the not-for-profit company that manages the dns system you need to go through an icann accredited domain name register in order to get a domain and that’s simply how it works like you resemble why do i need to do that i do not know why asking me those are simply the rules and that’s what people have been doing for the last few years in order to get a domain so that’s why you require to pay a yearly fee on your domain names
technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain through a icann certified domain register why do i say i can certify since you can’t get your domain names directly from i can which is again the nonprofit company that manages the dns system you need to go through an icann accredited domain register in order to get a domain name which’s just how it works like you resemble why do i need to do that i don’t know why asking me those are just the guidelines which’s what individuals have actually been providing for the last few 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 really 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 computer system registry that handles that domain name extension which is then completely handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension is a verisign for example so all these different domain extensions have different computer system registries and the role of the computer system registry is simply to handle the administrative information for that specific domain name nft domain versus the conventional dns system what’s the difference well the standard dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain windows registries then you have your icann licensed 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 imply a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a distinct digital product in this circumstances 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 find out that you can’t geta.com.net.org why well you can’t you ought to already sort of understand why because those are managed by verisign
which is a domain pc registry which is handled 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 only get blockchain based domain names right now they just have a dot crypto in dot zo at the time of tape-recording this video the primary distinction is that these 2 are connected to various block chains that’s it so you have 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 industrialized and you have a little bit more functions and services 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 customized crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain names certainly with time as like we have actually decentralized web host establish over time it will be possible to use like a decentralized domain name and a decentralized web host to create your own decentralized site currently it’s not really possible i imply you can do it but it’s pretty technical uh but what’s more crucial is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a lot of newbies i think don’t understand is like when you have bitcoin you have to send it to a specific bitcoin address if you have white coin you need to send out that to a litecoin address if you have bitcoin cash you need to send it to a bitcoin money address therefore it gets to be a little bit of a headache of handling all these different addresses and if you want to get payment from particular people you need to give them this address and this address and this address it’s really a headache like what if there’s simply some method to combine everything into something that’s a little bit more logical easy to use and easy to remember that’s the benefit of using unstoppable domain names and establishing something like dot crypto dot zill as a payment gateway because then you can get payments and of all different kinds of cryptocurrency to one address because when you get whatever set up you just delve into your unstoppable domain account and then you can include your different wallets for your different cryptocurrencies.
Possible Dealbreakers.
There is only one real possible dealbreaker when it concerns utilizing Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.