Crypto Kirby | Easy Crypto

Unstoppable domain is a san francisco-based company…Crypto Kirby… that is offering domain extensions that are connected to the blockchain instead of being tied to the dns system specifically 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 just that they are decentralized so the dns system is controlled and run by icann so anything constantly requires approval from that governing body but 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 requires any kind of approval or permission you as the owner own your domain so in this video i wish to describe to you whatever that you need to called a beginner about unstoppable domain names 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 registration really work i believe

individuals are going to be quite surprised that it’s way more complicated and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain 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 directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann accredited domain name register in order to get a domain name and that’s just how it works like you’re like why do i have to do that i don’t know why asking me those are just the guidelines which’s what people have actually been providing 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 due to the fact that you’re not really purchasing 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 manages that domain name extension which is then absolutely 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? Crypto Kirby

is a verisign for example so all these various domain extensions have different pc registries and the function of the windows registry is simply to handle the administrative data for that specific domain nft domain names versus the standard 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 icann you have your domain windows registries then you have your icann licensed domain 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 indicate a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a special digital item in this circumstances our domain names dot crypto versus dot zill what’s the distinction 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 need to already kind of know why due to the fact that those are managed by verisign which is a domain computer registry which is managed by icann that’s part of the dns system that’s why you can’t get those types 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 tape-recording this video the primary distinction is that these 2 are connected to different block chains that’s it so you have Crypto Kirby

 

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 industrialized and you have a little bit more functions and services developed 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 customized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names certainly gradually as like we have decentralized webhosting develop over time it will be possible to use like a decentralized domain and a decentralized webhosting to create your own decentralized website currently it’s not really possible i imply you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which individuals communicate with crypto addresses.

Censor resistant domain kept in your wallet.

More functionality than traditional domains.

Supports 276 crypto properties.

Cons.

Have to spend ETH to claim domain.

Still some concern as to whether Unstoppable Domains will accomplish extensive adoption.

Some domains are still pre-sale only.

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 interact 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 sites, except for crypto addresses.

In this way they have prospered greatly, as they have produced a domain system that permits users to set up payments for 276 digital assets under a single domain name, while likewise having the ability to be used as a totally working website that can even have dApps built onto them because 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 exceptionally safe since once declared the domains exist under your address on blockchain, indicating they are as safe and secure as the blockchain itself.

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

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends upon a 2 primary factors, though it must be noted that acquiring 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 vary from $20 USD to well over $1000 USD depending on the domain you pick, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain, with shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.

The next element is the gas fees connected with using the Ethereum blockchain to declare your domain, since the domains are stored on the Ethereum blockchain, the deal to declare them is available in ETH and is not included in your preliminary purchase. The gas costs you will pay will depend upon the existing cost 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 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 annual renewal is extremely enticing thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, implying it can not be taken down by anyone aside from the owner.

The domains also have more functionality than conventional domains because they can be used to a payment router, but also utilized to produce websites with dApps constructed directly on them due to the fact that they exist on the blockchain, allowing the use of smart contracts on your website. Crypto Kirby

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 various crypto properties, suggesting once you set it up you will only ever need 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 anybody who you wish to receive funds from.

 

Prospective Dealbreakers.

There is only one real potential dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.

This may only be a dealbreaker due to the fact that you do not have any Ethereum at your address and need to buy some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas charges. However, this is a one-time transaction fee, and unless you decide to sell/transfer your domain to another person it will be the extra fee related to getting your domain.