Crypto Domain Check | Easy Crypto

Unstoppable domain is a san francisco-based company…Crypto Domain Check… that is supplying domain 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 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 constantly 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 absolutely nothing that requires any type of approval or permission you as the owner own your domain name so in this video i wish to describe to you whatever that you require to know as a beginner about unstoppable domain names ensure to inspect 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 think

people are going to be quite surprised that it’s way more complex and technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain what you’re doing is you’re launching the domain name through a icann licensed domain register why do i say i can license due to the fact that you can’t get your domain names straight from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann certified domain register in order to get a domain name which’s just 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 rules and that’s what people have been doing for the last few decades in order to get a domain so that’s why you need to pay an annual charge on your domain names since you’re not actually buying an owning domain name 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 computer registry that handles that domain extension which is then completely handled and organized by icann broadly speaking so like when you get it.com.net.org the registry for that extension

Is unstoppable domains on Ethereum? Crypto Domain Check

is a verisign for instance so all these various domain extensions have various computer system registries and the function of the registry is just to handle the administrative information for that specific domain 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 windows 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 however like what does that particularly mean a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents an unique digital item in this circumstances our domain 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 discover that you can’t geta.com.net.org why well you can’t you should already kind of understand why due to the fact that those are managed by verisign which is a domain name windows registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain right now they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these two are connected to different block chains that’s it so you have Crypto Domain Check

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 industrialized and you have a bit more features and services developed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same tailored crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain clearly gradually as like we have decentralized webhosting establish in time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized website presently it’s not truly possible i suggest you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines method which people engage with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than conventional domains.

Supports 276 crypto properties.

Cons.

Have to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will attain 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 simpler for users to interact with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered 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 prospered significantly, as they have actually produced a domain system that allows users to set up payments for 276 digital possessions under a single domain, while likewise being able to be used as a fully working website that can even have dApps built onto them since the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

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

It is two times as safe because this also suggests that the domain can not be blocked by anyone other than you, so your website is never at risk of being down due to censorship. The website for purchasing the domains is safe also and can be secured with two-factor authentication.

Just How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 primary aspects, though it should be kept in mind that purchasing a domain is a one-time cost and requires no annual renewals of any sort.

The very first element is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as cost is based upon 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 premium domains that cost tens of thousands.

The next factor is the gas fees related to utilizing the Ethereum blockchain to declare your domain, since the domains are saved 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 on the current expense of ETH and the network congestion at the time of the transaction. Overall you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the Best Features of Unstoppable Domains?

There are a few features of Unstoppable Domains that stand out. The fact that it is a one-time purchase without any yearly renewal is very attractive thinking about the method standard domain ownership works, and in addition, the domain is censor resistant, meaning it can not be taken down by anyone aside from the owner.

The domains likewise have more performance than conventional domains since they can be used to a payment router, however likewise used to develop websites with dApps constructed directly on them because they exist on the blockchain, allowing the use of smart contracts on your website. Crypto Domain Check

Perhaps 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 as soon as 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 easier not only for you, but for anybody who you want to get funds from.

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

 

Potential Dealbreakers.

There is only one real prospective dealbreaker when it concerns utilizing Unstoppable Domains, and that is the cost of claiming 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 fees. This is a one-time transaction fee, and unless you decide to sell/transfer your domain to someone else it will be the extra charge associated with getting your domain.