This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Zilliqa Domain… These domains can not only be used as completely functional web pages, with decentralized applications (dApps) built-in, however also as a payment hub address where users can receive over 275 different crypto coins and tokens. By giving 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 business that is offering domain extensions that are connected to the blockchain instead of being tied 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name 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 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 describe to you whatever that you require to know as a newbie about unstoppable domain names make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration actually work i think
individuals are going to be quite surprised that it’s way more technical and complicated than you envisioned 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 releasing the domain name through a icann accredited domain name register why do i state i can license due to the fact that you can’t get your domain names straight from i can which is once again the nonprofit organization that handles the dns system you have to go through an icann licensed domain register in order to get a domain name and that’s simply how it works like you resemble why do i need to do that i don’t understand why asking me those are simply the rules which’s what people have been doing for the last couple of decades in order to get a domain name so that’s why you need to pay an annual cost on your domain
technical than you envisioned 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 name register why do i say i can certify because you can’t get your domain names directly from i can which is again the not-for-profit company that handles the dns system you have to go through an icann accredited domain name register in order to get a domain and that’s just how it works like you resemble why do i need to do that i do not understand why asking me those are just the guidelines and that’s what individuals have been doing for the last couple of years in order to get a domain so that’s why you need to pay a yearly cost on your domain names due to the fact that you’re not actually purchasing an owning domain what you’re doing is renting 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 windows registry that manages that domain extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for instance so all these various domain name extensions have various registries and the role of the pc registry is just to handle the administrative information for that particular domain name nft domain versus the standard dns system what’s the difference well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain computer registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it however like what does that specifically suggest a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a special digital product in this circumstances our domain names 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 learn that you can’t geta.com.net.org why well you can’t you should currently type of understand why due to the fact that those are handled by verisign
which is a domain name pc registry which is managed by icann that’s part of the dns system that’s why you can’t get those types of domain through unstoppable domain 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 main distinction is that these 2 are connected to various block chains that’s it so you have your dot crypto which is connected to the ethereum blockchain you have your dot zill which is connected to the silica block durian blockchain is way more developed and you have a bit more functions and services constructed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain names undoubtedly gradually as like we have actually decentralized web host establish with time it will be possible to utilize like a decentralized domain name and a decentralized web host to produce your own decentralized website currently it’s not truly possible i mean you can do it but it’s quite technical uh but what’s more important is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a great deal of newbies i think do not understand is like when you have actually bitcoin you have to send it to a specific bitcoin address if you have white coin you have to send out that to a litecoin address if you have bitcoin cash you have to send it to a bitcoin cash address and so 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 have to give them this address and this address and this address it’s really a headache like what if there’s just some way to integrate everything into something that’s a little bit more sensible easy to use and easy to remember that’s the benefit of using unstoppable domain and setting up something like dot crypto dot zill as a payment gateway due to the fact that then you can receive payments and of all different kinds of cryptocurrency to one address since when you get whatever set up you simply delve into your unstoppable domain account and after that you can add in your various wallets for your different cryptocurrencies.
There is only one real potential dealbreaker when it pertains to utilizing Unstoppable Domains, which is the cost of claiming your domain with Ethereum.