Blockchain Domain Extension | Easy Crypto

Unstoppable domain is a san francisco-based company…Blockchain Domain Extension… that is providing domain name extensions that are tied to the blockchain instead of being connected 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 tied 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 managed and run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain so in this video i wish to explain to you whatever that you need to called a beginner about unstoppable domain names make certain to examine the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration actually work i believe

individuals are going to be rather shocked that it’s method more complicated and technical than you imagined 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 releasing the domain through a icann accredited domain name register why do i say i can accredit because you can’t get your domain straight from i can which is again the not-for-profit company that handles the dns system you need to go through an icann accredited domain register in order to get a domain name and that’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 just the guidelines 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 a yearly charge on your domain names due to the fact that you’re not really buying an owning domain 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 totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension

Is unstoppable domains on Ethereum? Blockchain Domain Extension

is a verisign for instance so all these different domain name extensions have different computer system registries and the role of the pc registry is just to handle the administrative data for that particular 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 pc registries then you have your icann licensed 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 particularly imply a non-fungible token is just a piece of information discovered 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 difference 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 ought to already type of understand why because those are handled by verisign which is a domain windows registry which is managed by icann that belongs to 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 names today they just have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these 2 are tied to different block chains that’s it so you have Blockchain Domain Extension

https://www.youtube.com/watch?v=2HNAaf6rIec

 

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 constructed 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 set up as a payment gateway so this is the main function of unstoppable domain names clearly over time as like we have actually decentralized webhosting develop with time it will be possible to utilize like a decentralized domain and a decentralized webhosting to create your own decentralized site currently it’s not really possible i suggest you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies method which people interact with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than traditional domains.

Supports 276 crypto assets.

Cons.

Need to invest ETH to claim domain.

Still some concern regarding whether Unstoppable Domains will achieve widespread adoption.

Some domains are still pre-sale just.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the current CEO, who saw a need for it to be simpler for users to connect with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered location, so users did not need to learn IP addresses in order to get to websites, except for crypto addresses.

In this manner they have actually prospered greatly, as they have produced a domain system that enables users to establish payments for 276 digital properties under a single domain, while also being able to be used as a fully operating site that can even have dApps developed onto them because the domain is hosted on the blockchain. With a single payment and no annual renewal fees, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe since when declared the domains exist under your address on blockchain, suggesting they are as safe as the blockchain itself.

It is doubly safe since this likewise implies that the domain can not be obstructed by anybody aside from you, so your site is never at risk of being down due to censorship. The website for purchasing the domains is safe too and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends upon a two main aspects, though it needs to be noted that purchasing a domain is a one-time expense and needs no yearly renewals of any sort.

The first factor is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you choose, as cost is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing extra. In addition, there are exceptional domains that cost 10s of thousands.

The next element is the gas fees connected with using the Ethereum blockchain to claim your domain, because the domains are saved on the Ethereum blockchain, the deal to claim them comes in ETH and is not included in your preliminary purchase. The gas charges you will pay will depend on the present cost of ETH and the network blockage at the time of the deal. In general you can get likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the Best Functions of Unstoppable Domains?

There are a few features of Unstoppable Domains that stick out. The reality that it is a one-time purchase without any yearly renewal is extremely attractive considering the method traditional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be removed by anyone aside from the owner.

The domains likewise have more performance than conventional domains since they can be utilized to a payment router, however likewise used to create sites with dApps developed straight on them since they exist on the blockchain, allowing the use of wise contracts on your site. Blockchain Domain Extension

Possibly the very best and most enticing function of Unstoppable Domains is that is supplies you a method to have one address for you to receive 276 different crypto properties, meaning when you set it up you will just ever require to know your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is much easier not just for you, but for anyone who you wish to get funds from.

https://www.youtube.com/watch?v=Zm6uZzZwLSg

 

Potential Dealbreakers.

There is only one genuine potential dealbreaker when it pertains to utilizing Unstoppable Domains, and that is the expense of claiming 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 costs. Nevertheless, this is a one-time deal cost, and unless you choose to sell/transfer your domain to somebody else it will be the extra cost associated with getting your domain.

.Blockchain Domain Extension | Easy Crypto

Unstoppable domain is a san francisco-based company….Blockchain Domain Extension… that is supplying domain name extensions that are connected to the blockchain instead of being tied to the dns system particularly 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 advantage of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and operated by icann so anything constantly requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s nothing that needs any kind of approval or approval you as the owner own your domain name so in this video i want to explain to you everything that you require to referred to as a beginner about unstoppable domain names make certain 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 really work i believe

people are going to be quite stunned that it’s method more complicated and technical than you pictured 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 releasing the domain through a icann certified domain name register why do i say i can license because you can’t get your domain names straight from i can which is again the nonprofit company that handles the dns system you have to go through an icann certified domain name register in order to get a domain name and that’s just how it works like you resemble why do i need to do that i don’t know why asking me those are simply the rules and that’s what individuals have actually been providing for the last few years in order to get a domain name so that’s why you need to pay an annual cost on your domain since 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 handles that domain name extension which is then absolutely managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension

Is unstoppable domains on Ethereum? .Blockchain Domain Extension

is a verisign for instance so all these different domain extensions have different pc registries and the function of the computer registry is just to manage the administrative information for that particular domain nft domain names versus the traditional dns system what’s the difference well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain pc registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however 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 special digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference with these two 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 understand why because those are managed by verisign which is a domain name windows registry which is managed by icann that belongs to the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the main difference is that these 2 are tied to different block chains that’s it so you have .Blockchain Domain Extension

https://www.youtube.com/watch?v=2HNAaf6rIec

 

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 do with a dot zill but functionally speaking they are the same individualized crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain names obviously with time as like we have decentralized web host establish in time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to produce your own decentralized site presently it’s not really possible i suggest you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which people engage with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than conventional domains.

Supports 276 crypto assets.

Cons.

Have to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve extensive 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 much easier for users to communicate with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered into location, so users did not have to discover IP addresses in order to get to websites, except for crypto addresses.

In this manner they have prospered considerably, as they have actually produced a domain system that permits users to establish payments for 276 digital assets under a single domain, while likewise being able to be utilized as a totally functioning website that can even have dApps developed onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe because as soon as declared the domains exist under your address on blockchain, implying they are as protected as the blockchain itself.

It is two times as safe because this likewise means that the domain can not be blocked by anybody besides you, so your website is never 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 expense of Unstoppable Domains depends upon a 2 primary elements, though it ought to be noted that acquiring a domain is a one-time cost and needs no annual renewals of any sort.

The very first factor is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you choose, as expense is based on domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing extra. In addition, there are premium domains that cost 10s of thousands.

The next aspect is the gas fees associated with utilizing the Ethereum blockchain to declare your domain, since the domains are kept on the Ethereum blockchain, the deal to claim them can be found in ETH and is not included in your preliminary purchase. The gas fees 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 most likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the Best Functions of Unstoppable Domains?

There are a couple of functions of Unstoppable Domains that stand out. The truth that it is a one-time purchase without any yearly renewal is extremely enticing thinking about the method conventional domain ownership works, and in addition, the domain is censor resistant, implying it can not be taken down by anybody other than the owner.

The domains likewise have more performance than conventional domains since they can be utilized to a payment router, but likewise utilized to develop websites with dApps constructed straight on them due to the fact that they exist on the blockchain, allowing the use of clever contracts on your site. .Blockchain Domain Extension

Maybe the very best and most appealing function of Unstoppable Domains is that is supplies you a way to have one address for you to get 276 various crypto assets, suggesting once you set it up you will just ever need to know your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is much easier not just for you, but for anyone who you wish to get funds from.

https://www.youtube.com/watch?v=Zm6uZzZwLSg

 

Potential Dealbreakers.

There is only one genuine potential dealbreaker when it comes to utilizing Unstoppable Domains, which is the cost of claiming your domain with Ethereum.

This might just be a dealbreaker because you do not have any Ethereum at your address and need to purchase some in order to declare your domain, or if for some reason you think it is unreasonable to pay the gas charges. This is a one-time transaction fee, and unless you choose to sell/transfer your domain to someone else it will be the extra cost associated with getting your domain.