.Blockchain Domain | Easy Crypto

Unstoppable domain names is a san francisco-based company….Blockchain Domain… that is offering domain name extensions that are connected 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 extension which is tied 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 nothing that needs any type of approval or approval you as the owner own your domain so in this video i want to discuss to you everything that you require to referred to as a beginner about unstoppable domain ensure to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration really work i think

individuals are going to be rather surprised that it’s way more technical and complex than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain through a icann accredited domain name register why do i state i can certify because you can’t get your domain names straight from i can which is again the not-for-profit company that handles the dns system you have to go through an icann certified domain name register in order to get a domain name which’s simply how it works like you resemble why do i need to do that i do not know why asking me those are just the guidelines and that’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 cost on your domain since you’re not really purchasing 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 name extension which is then completely handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension

Is unstoppable domains on Ethereum? .Blockchain Domain

is a verisign for instance so all these different domain extensions have various windows registries and the function of the registry is simply to manage the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the difference well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain computer registries then you have your icann licensed 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 indicate a non-fungible token is simply a piece of data 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 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 must currently kind of know why since those are handled by verisign which is a domain registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of recording this video the main difference is that these 2 are connected to various block chains that’s it so you have .Blockchain Domain

 

your dot crypto which is connected 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 services and functions built 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 established as a payment entrance so this is the primary feature of unstoppable domain names undoubtedly with time as like we have decentralized webhosting establish with time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized website currently it’s not really possible i mean you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which people interact with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than conventional domains.

Supports 276 crypto possessions.

Cons.

Need to spend ETH to claim domain.

Still some question as to whether Unstoppable Domains will accomplish widespread adoption.

Some domains are still pre-sale just.

What is Unstoppable Domains?

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

In this way they have succeeded significantly, as they have created a domain system that allows users to set up payments for 276 digital properties under a single domain name, while likewise being able to be used as a completely working website that can even have actually dApps constructed onto them since the domain is hosted on the blockchain. With no yearly renewal and a single payment charges, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is exceptionally safe since once declared the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.

It is doubly safe due to the fact that this likewise implies that the domain can not be blocked by anyone besides you, so your site is never ever at risk of being down due to censorship. The site for purchasing the domains is safe as well and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 main factors, though it ought to be noted that purchasing a domain is a one-time cost and needs no annual renewals of any sort.

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

The next aspect is the gas charges related to utilizing the Ethereum blockchain to claim your domain, because the domains are stored on the Ethereum blockchain, the transaction to claim them is available in ETH and is not consisted of in your initial purchase. The gas charges you will pay will depend on the current cost of ETH and the network congestion 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 few features of Unstoppable Domains that stand apart. The fact that it is a one-time purchase without any annual renewal is very appealing thinking about the way standard domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be removed by anybody besides the owner.

The domains also have more performance than standard domains because they can be used to a payment router, however also utilized to produce websites with dApps developed directly on them since they exist on the blockchain, allowing the use of clever contracts on your website. .Blockchain Domain

Perhaps the best and most appealing function of Unstoppable Domains is that is offers you a method to have one address for you to receive 276 various crypto properties, suggesting when you set it up you will only ever need to know your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is easier not only for you, but for anyone who you want to get funds from.

 

Potential Dealbreakers.

There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.

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

Blockchain Domain | Easy Crypto

Unstoppable domain names is a san francisco-based company…Blockchain Domain… 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 extension which is tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is controlled and operated by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or authorization you as the owner own your domain name so in this video i wish to explain to you everything that you need to referred to as a novice about unstoppable domain make sure to examine the links in the description for time stamps and any resources mentioned 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 complicated than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re releasing the domain name through a icann licensed domain register why do i say i can certify because you can’t get your domain names straight from i can which is again the not-for-profit organization that manages the dns system you need to go through an icann accredited domain register in order to get a domain and that’s simply how it works like you’re like why do i have to do that i do not know why asking me those are just the guidelines and that’s what individuals have been providing for the last couple of decades in order to get a domain name so that’s why you need to pay a yearly fee on your domain names because you’re not in fact purchasing 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 manages that domain name extension which is then completely managed and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension

Is unstoppable domains on Ethereum? Blockchain Domain

is a verisign for instance so all these various domain extensions have various pc registries and the role of the pc registry is just to handle the administrative data for that specific domain name nft domain names versus the traditional dns system what’s the distinction well the conventional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain 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 particularly imply a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents a special digital item in this instance 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 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 handled by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain names you can just get blockchain based domain names right now they only have a dot crypto in dot zo at the time of taping this video the main difference is that these two are tied to various block chains that’s it so you have Blockchain Domain

 

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 little bit more services and features built 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 personalized crypto addresses that can be set up as a payment gateway so this is the primary feature of unstoppable domain names clearly over time as like we have actually decentralized webhosting establish 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 mean you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals engage with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than traditional domains.

Supports 276 crypto possessions.

Cons.

Have to invest ETH to claim domain.

Still some question as to whether Unstoppable Domains will accomplish widespread adoption.

Some domains are still pre-sale just.

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 engage with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into location, so users did not have to learn IP addresses in order to get to sites, except for crypto addresses.

In this way they have actually been successful significantly, as they have created a domain system that permits users to set up payments for 276 digital properties under a single domain name, while likewise being able to be used as a completely operating website that can even have actually dApps built onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no annual renewal costs, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

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

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

Just How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends upon a two primary aspects, though it must 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 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 instance), and the length of the domain name, with much shorter domains costing extra. In addition, there are premium domains that cost 10s of thousands.

The next element is the gas charges associated with using the Ethereum blockchain to declare your domain, since the domains are kept on the Ethereum blockchain, the transaction to declare them comes in ETH and is not consisted of in your initial purchase. The gas charges you will pay will depend upon the existing expense of ETH and the network congestion at the time of the transaction. In general you can get most 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 few functions of Unstoppable Domains that stand out. The fact that it is a one-time purchase with no yearly renewal is incredibly enticing thinking about the method traditional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anybody aside from the owner.

The domains likewise have more functionality than conventional domains due to the fact that they can be utilized to a payment router, however also utilized to develop websites with dApps constructed directly on them since they exist on the blockchain, allowing the use of clever agreements on your website. Blockchain Domain

Perhaps the best and most attractive feature of Unstoppable Domains is that is provides you a method to have one address for you to get 276 various crypto assets, indicating when you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is much easier not only for you, but for anyone who you wish to receive funds from.

 

Potential Dealbreakers.

There is only one genuine prospective dealbreaker when it comes to using Unstoppable Domains, which is the cost of declaring your domain with Ethereum.

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