Unstoppable domain is a san francisco-based business…Access Crypto Domains… that is supplying domain name extensions that are connected 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 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 requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply entirely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or consent you as the owner own your domain so in this video i want to explain to you whatever that you need to called a novice about unstoppable domain names make certain to check the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration really work i believe
people are going to be rather shocked that it’s way more technical and complicated than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain what you’re doing is you’re launching the domain name through a icann accredited domain register why do i state i can certify since you can’t get your domain names 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 register in order to get a domain which’s just how it works like you’re like why do i need to do that i don’t understand why asking me those are just the rules and that’s what people have been doing for the last couple of years in order to get a domain so that’s why you require to pay a yearly fee on your domain due to the fact that you’re not really 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 pc registry that handles that domain extension which is then completely managed and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension
Is unstoppable domains on Ethereum? Access Crypto Domains
is a verisign for example 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 nft domain names versus the conventional dns system what’s the distinction well the traditional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that specifically imply 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 instance 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 since those are managed by verisign which is a domain name computer system registry which is handled 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 right now they only 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 different block chains that’s it so you have Access Crypto Domains
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 developed and you have a bit more services and functions built around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain obviously over time as like we have actually decentralized webhosting develop gradually it will be possible to use like a decentralized domain name and a decentralized webhosting to develop your own decentralized site presently it’s not truly possible i indicate you can do it however it’s pretty technical uh.
One-time purchase of domain.
Simplifies way in which people interact with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than conventional domains.
Supports 276 crypto assets.
Have to spend ETH to claim domain.
Still some concern as to whether Unstoppable Domains will accomplish prevalent adoption.
Some domains are still pre-sale only.
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 engage with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into place, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.
In this manner they have been successful significantly, as they have created a domain system that allows users to establish payments for 276 digital properties under a single domain name, while also having the ability to be used as a completely working website that can even have actually dApps built onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal costs, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe because as soon as declared the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.
It is twice as safe because this also implies that the domain can not be obstructed by anyone aside from you, so your website is never ever at risk of being down due to censorship. The website for buying the domains is safe too and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 primary elements, though it must be kept in mind that buying a domain is a one-time cost and needs no annual renewals of any sort.
The first aspect is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you pick, as expense is based on domain type (. crypto is more than.wallet for example), and the length of the domain name, with much shorter domains costing extra. In addition, there are superior domains that cost tens of thousands.
The next aspect is the gas costs associated with utilizing the Ethereum blockchain to declare your domain, because the domains are stored on the Ethereum blockchain, the deal to declare them can be found in ETH and is not included in your initial purchase. The gas costs you will pay will depend on the current cost of ETH and the network blockage at the time of the transaction. In general you can get likely yourself a cheap.crypto domain and claim it for under $50 total.
What Are the very best Features of Unstoppable Domains?
There are a couple of functions of Unstoppable Domains that stand apart. The reality that it is a one-time purchase without any yearly renewal is extremely attractive thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be removed by anybody other than the owner.
The domains also have more performance than conventional domains since they can be used to a payment router, but also utilized to create websites with dApps built straight on them because they exist on the blockchain, allowing the use of smart contracts on your site. Access Crypto Domains
Maybe the best and most enticing function of Unstoppable Domains is that is offers you a way to have one address for you to get 276 various crypto assets, suggesting once you set it up you will only ever require to know your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is simpler not only for you, but for anybody who you wish to get funds from.
There is only one real potential dealbreaker when it comes to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.
This might just be a dealbreaker since you do not have any Ethereum at your address and need to purchase some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas charges. Nevertheless, this is a one-time deal cost, and unless you choose to sell/transfer your domain to someone else it will be the additional charge associated with getting your domain.