This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Mint On Ethereum… These domains can not just be utilized as completely functional websites, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can get over 275 various crypto coins and tokens. By providing complex crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company that is providing domain extensions that are connected 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 name 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 controlled and run by icann so anything always needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that needs any kind of approval or permission you as the owner own your domain name so in this video i wish to explain to you everything that you need to know as a beginner about unstoppable domain make certain to inspect the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration in fact work i believe
individuals are going to be rather shocked that it’s way more technical and complex than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re launching the domain through a icann licensed domain name register why do i say i can certify due to the fact that you can’t get your domain straight 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 which’s simply how it works like you’re like why do i need to do that i don’t know why asking me those are simply the guidelines which’s what people have actually been doing for the last couple of years in order to get a domain so that’s why you require to pay a yearly charge on your domain names
technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain through a icann accredited domain register why do i state i can license since you can’t get your domain straight from i can which is once again the nonprofit company that manages the dns system you need to go through an icann accredited domain name register in order to get a domain which’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are just the guidelines which’s what people have been providing for the last couple of decades in order to get a domain so that’s why you require to pay an annual cost on your domain names since you’re not really buying an owning domain what you’re doing is leasing their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the pc registry that manages that domain extension which is then completely handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for example so all these different domain name extensions have different pc registries and the role of the computer system registry is just to handle the administrative data for that specific domain nft domain versus the conventional dns system what’s the difference well the conventional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain 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 however like what does that specifically indicate a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents an unique digital item in this circumstances our domain dot crypto versus dot zill what’s the distinction with these two 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 must already type of know why due to the fact that those are managed by verisign
which is a domain pc registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain you can just get blockchain based domain right now they just have a dot crypto in dot zo at the time of taping this video the main 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 connected to the silica block durian blockchain is way more industrialized and you have a little bit more services and functions developed 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 personalized crypto addresses that can be established as a payment gateway so this is the primary feature of unstoppable domain undoubtedly with time as like we have actually decentralized webhosting establish over time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized website currently it’s not actually possible i imply you can do it however it’s pretty technical uh however what’s more crucial is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a lot of newbies i think do not understand resembles when you have bitcoin you have to send it to a specific bitcoin address if you have white coin you have to send that to a litecoin address if you have bitcoin cash you need to send it to a bitcoin cash address therefore it gets to be a little bit of a headache of managing all these different addresses and if you wish to get payment from particular people you need to provide this address and this address and this address it’s truly a headache like what if there’s simply some method to integrate everything into something that’s a bit more logical easy to use and simple to keep in mind that’s the benefit of using unstoppable domain names and setting up something like dot crypto dot zill as a payment entrance due to the fact that then you can receive payments and of all different types 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 various cryptocurrencies.
Possible Dealbreakers.
There is only one genuine prospective dealbreaker when it pertains to using Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.