Crypto-db.Com Domain | Easy Crypto

Unstoppable domain names is a san francisco-based company…Crypto-db.Com 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 connected 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 just that they are decentralized so the dns system is managed and run by icann so anything always needs approval from that governing body however 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 nothing that needs any type of approval or authorization you as the owner own your domain so in this video i wish to describe to you whatever that you require to know as a beginner about unstoppable domain names make sure 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 in fact work i think

people are going to be rather surprised that it’s method more technical and complicated than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain 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 organization that manages the dns system you need to go through an icann licensed domain name register in order to get a domain which’s simply how it works like you’re like 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 actually been providing for the last few decades in order to get a domain so that’s why you require to pay an annual charge on your domain because you’re not in fact purchasing an owning domain name 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 computer registry that manages that domain name extension which is then totally 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? Crypto-db.Com Domain

is a verisign for instance so all these various domain name extensions have different computer registries and the function of the registry is just to handle the administrative data for that specific domain nft domain versus the standard dns system what’s the difference 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 name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly imply a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain dot crypto versus dot zill what’s the distinction 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 should currently sort of know why since those are handled by verisign which is a domain computer registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can just get blockchain based domain names right now they just have a dot crypto in dot zo at the time of recording this video the main distinction is that these two are tied to different block chains that’s it so you have Crypto-db.Com Domain

 

your dot crypto which is tied 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 little bit more features and services constructed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill but functionally speaking they are the same tailored crypto addresses that can be set up as a payment entrance so this is the main function of unstoppable domain names clearly with time as like we have decentralized web host establish with time it will be possible to use like a decentralized domain and a decentralized webhosting to produce your own decentralized site currently it’s not really possible i suggest you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals connect with crypto addresses.

Censor resistant domain stored in your wallet.

More functionality than traditional domains.

Supports 276 crypto possessions.

Cons.

Have to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve 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 need for it to be much easier for users to connect 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 find out IP addresses in order to get to websites, except for crypto addresses.

In this manner they have succeeded significantly, as they have produced a domain system that allows users to set up payments for 276 digital assets under a single domain, while also having the ability to be used as a fully functioning website that can even have dApps built 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 appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is exceptionally safe due to the fact that when claimed the domains exist under your address on blockchain, suggesting they are as protected as the blockchain itself.

It is doubly safe since this also means that the domain can not be blocked by anybody other than you, so your site is never ever at risk of being down due to censorship. The website for acquiring the domains is safe too and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends upon a two main elements, though it ought to be noted that buying a domain is a one-time cost and needs no annual 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 name, with shorter domains costing additional. In addition, there are superior domains that cost 10s of thousands.

The next factor is the gas costs associated with utilizing the Ethereum blockchain to claim your domain, due to the fact that the domains are kept on the Ethereum blockchain, the deal to declare them is available in ETH and is not included in your initial purchase. The gas fees you will pay will depend upon the existing expense of ETH and the network congestion at the time of the deal. 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 couple of functions of Unstoppable Domains that stand apart. The truth that it is a one-time purchase with no yearly renewal is very enticing considering the way standard domain ownership works, and in addition, the domain is censor resistant, implying it can not be removed by anybody besides the owner.

The domains likewise have more performance than conventional domains since they can be used to a payment router, but likewise used to create sites with dApps developed directly on them since they exist on the blockchain, allowing the use of smart agreements on your site. Crypto-db.Com Domain

Possibly the very best and most enticing function of Unstoppable Domains is that is provides you a method to have one address for you to receive 276 different crypto assets, indicating as soon as 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 easier not only for you, but for anybody who you wish to receive funds from.

 

Possible Dealbreakers.

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

This might only be a dealbreaker due to the fact that you do not have any Ethereum at your address and need to acquire some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas fees. This is a one-time transaction fee, and unless you choose to sell/transfer your domain to someone else it will be the additional cost associated with getting your domain.