Blockchain Domains | Easy Crypto

Unstoppable domain is a san francisco-based business…Blockchain Domains… that is providing 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 extension which is connected to the silica blockchain which is an alternative to ethereum the benefit 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 on the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that requires any kind of approval or authorization you as the owner own your domain name so in this video i wish to discuss to you whatever that you need to know as a newbie about unstoppable domain ensure 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 name registration actually work i think

individuals are going to be quite shocked 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 actually buying the domain name what you’re doing is you’re launching the domain through a icann licensed domain name register why do i state i can accredit because you can’t get your domain names straight from i can which is again the nonprofit company that handles the dns system you need to go through an icann certified domain name register in order to get a domain name which’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are just the rules and that’s what individuals 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 because you’re not in fact 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 registry that handles 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 system registry for that extension

Is unstoppable domains on Ethereum? Blockchain Domains

is a verisign for example so all these different domain name extensions have various computer system registries and the function of the registry is simply to handle the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the distinction well the conventional 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 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 mean 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 instance our domain names dot crypto versus dot zill what’s the difference with these 2 so if you jump 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 must 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 becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain names you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of recording this video the primary distinction is that these two are connected to different block chains that’s it so you have Blockchain Domains

 

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 developed and you have a little bit more features and services developed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill but 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 web host develop over time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized website currently it’s not really possible i suggest you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which individuals engage with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than standard domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some concern regarding whether Unstoppable Domains will achieve extensive 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 requirement for it to be easier for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered into place, 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 been successful considerably, as they have actually created a domain system that permits users to establish payments for 276 digital assets under a single domain name, while likewise having the ability to be utilized as a fully operating website that can even have 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 interesting tool for crypto users.

Is Unstoppable Domains Safe?

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

It is doubly safe because this also suggests that the domain can not be blocked by anybody aside from you, so your site is never ever at risk of being down due to censorship. The website for acquiring the domains is safe as well and can be protected with two-factor authentication.

Just How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 main aspects, though it needs to be kept in mind that buying 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 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, with much shorter domains costing additional. In addition, there are exceptional domains that cost tens of thousands.

The next element is the gas costs connected with utilizing the Ethereum blockchain to claim your domain, because the domains are stored on the Ethereum blockchain, the deal to claim them is available in ETH and is not included in your preliminary purchase. The gas costs you will pay will depend upon the current expense of ETH and the network blockage at the time of the transaction. Overall you can get most likely yourself a cheap.crypto domain and claim it for under $50 total.

What Are the Best Features of Unstoppable Domains?

There are a few functions of Unstoppable Domains that stick out. The fact that it is a one-time purchase without any yearly renewal is exceptionally appealing thinking about the way standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be removed by anybody besides the owner.

The domains likewise have more functionality than conventional domains due to the fact that they can be used to a payment router, but likewise used to create websites with dApps constructed straight on them because they exist on the blockchain, allowing the use of wise agreements on your website. Blockchain Domains

Perhaps the very best and most enticing feature of Unstoppable Domains is that is supplies you a way to have one address for you to receive 276 various crypto properties, suggesting when you set it up you will just ever need to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is simpler not just for you, but for anybody who you want to receive funds from.

 

Prospective Dealbreakers.

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

This might just be a dealbreaker due to the fact that 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 fees. Nevertheless, this is a one-time deal cost, and unless you decide to sell/transfer your domain to somebody else it will be the additional fee associated with getting your domain.

.Blockchain Domains | Easy Crypto

Unstoppable domain names is a san francisco-based company….Blockchain Domains… that is providing 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 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 but something like a dot crypto or zillow these are based on the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that needs any kind of approval or consent you as the owner own your domain name so in this video i want to describe to you everything that you require to referred to as a beginner about unstoppable domain ensure 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 name registration actually work i believe

people are going to be rather surprised that it’s way more technical and complex than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain through a icann licensed domain register why do i state i can certify due to the fact that you can’t get your domain names directly from i can which is once again the not-for-profit company that manages the dns system you have to go through an icann licensed domain name 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 understand why asking me those are simply the guidelines and that’s what individuals have actually been doing for the last couple of years in order to get a domain name so that’s why you require to pay a yearly cost on your domain since you’re not actually buying an owning domain name 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 windows registry that handles 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 pc registry for that extension

Is unstoppable domains on Ethereum? .Blockchain Domains

is a verisign for instance so all these different domain name extensions have different windows registries and the function of the pc registry is just to handle the administrative data for that specific domain name nft domain versus the conventional dns system what’s the distinction well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain windows 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 change it however like what does that specifically mean a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a special digital item in this circumstances 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 learn that you can’t geta.com.net.org why well you can’t you ought to currently sort of know why since those are managed by verisign which is a domain name registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these 2 are tied to various block chains that’s it so you have .Blockchain Domains

 

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 developed and you have a little bit more services and functions developed around uh at the ethereum blockchain with a dot crypto domain 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 main function of unstoppable domain obviously gradually as like we have actually decentralized web host develop over time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized site currently it’s not really possible i mean you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies method which individuals communicate with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than conventional domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some question as to whether Unstoppable Domains will attain extensive 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 entered into location, so users did not have to discover IP addresses in order to get to sites, except for crypto addresses.

In this manner they have actually succeeded significantly, as they have actually created a domain system that permits users to establish payments for 276 digital assets under a single domain name, while likewise having the ability to be utilized as a totally working website that can even have dApps developed onto them due to the fact that the domain is hosted on the blockchain. With no yearly renewal and a single payment fees, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe since as soon as claimed the domains exist under your address on blockchain, implying they are as safe and secure as the blockchain itself.

It is doubly safe since this also 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 buying the domains is safe too and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 main aspects, though it needs to be kept in mind that purchasing a domain is a one-time expense and requires no yearly renewals of any sort.

The very first factor is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending upon the domain you choose, as expense is based upon 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 exceptional domains that cost tens of thousands.

The next element is the gas fees connected with utilizing the Ethereum blockchain to claim your domain, since the domains are stored on the Ethereum blockchain, the transaction to declare them is available in ETH and is not consisted of in your initial purchase. The gas fees you will pay will depend upon the present expense 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 overall.

What Are the Best Features of Unstoppable Domains?

There are a couple of features of Unstoppable Domains that stand out. The fact that it is a one-time purchase without any yearly renewal is exceptionally attractive considering the way conventional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anybody besides the owner.

The domains likewise have more functionality than conventional domains because they can be utilized to a payment router, however likewise used to produce websites with dApps built straight on them because they exist on the blockchain, allowing the use of wise contracts on your site. .Blockchain Domains

Perhaps the best and most enticing function of Unstoppable Domains is that is offers you a method to have one address for you to get 276 various crypto possessions, implying when you set it up you will just 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 want to get funds from.

 

Prospective Dealbreakers.

There is only one genuine possible dealbreaker when it concerns using Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.

This might only be a dealbreaker since you do not have any Ethereum at your address and require 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 charge, and unless you decide to sell/transfer your domain to somebody else it will be the additional charge associated with getting your domain.