This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Website Examples… These domains can not just be used as completely functional web pages, with decentralized applications (dApps) integrated, but likewise as a payment center address where users can get over 275 different crypto coins and tokens. By providing complicated crypto addresses a human understandable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based company that is offering domain name 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 name 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 operated by icann so anything always requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are just totally decentralized so there’s no governing body there’s absolutely nothing that requires any kind of approval or authorization you as the owner own your domain so in this video i want to describe to you whatever that you need to know as a beginner about unstoppable domain names ensure to check the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration actually work i believe
people are going to be quite surprised 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 name what you’re doing is you’re launching the domain through a icann certified 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 again the nonprofit company that manages the dns system you need to go through an icann licensed 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 do not understand why asking me those are just the guidelines which’s what individuals have actually been doing for the last few decades in order to get a domain name so that’s why you need to pay an annual fee on your domain
technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not actually 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 accredit because you can’t get your domain names directly 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 name and that’s simply how it works like you resemble why do i have to do that i do not understand why asking me those are simply the rules which’s what people have been doing for the last few decades in order to get a domain name so that’s why you need to pay an annual charge on your domain because you’re not actually 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 windows registry that handles that domain extension which is then completely handled and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension is a verisign for instance so all these various domain extensions have different computer system registries and the function of the computer registry is simply to handle the administrative information for that specific domain name nft domain versus the conventional dns system what’s the distinction well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it but like what does that specifically indicate a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a special digital item in this instance our domain dot crypto versus dot zill what’s the distinction with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to discover that you can’t geta.com.net.org why well you can’t you ought to currently kind of know why because those are managed by verisign
which is a domain name computer system registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the primary distinction is that these two are connected to different 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 developed around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same individualized crypto addresses that can be established as a payment gateway so this is the main function of unstoppable domain obviously gradually as like we have decentralized webhosting develop over time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized site currently it’s not really possible i suggest you can do it but it’s quite 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 comprehend resembles when you have actually bitcoin you need to send it to a specific bitcoin address if you have white coin you need to send that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address and so it gets to be a bit of a headache of handling all these different addresses and if you want to get payment from particular people you need to provide this address and this address and this address it’s actually a headache like what if there’s just some method to integrate everything into something that’s a bit more logical easy to use and easy to keep in mind that’s the benefit of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance due to the fact that then you can get payments and of all different types of cryptocurrency to one address since when you get everything set up you just jump into your unstoppable domain names account and after that you can add in your different wallets for your various cryptocurrencies.
There is only one genuine potential dealbreaker when it concerns utilizing Unstoppable Domains, which is the cost of declaring your domain with Ethereum.