Crypto Zilliqa | Easy Crypto

Unstoppable domain names is a san francisco-based company…Crypto Zilliqa… that is offering domain name extensions that are tied 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 simply that they are decentralized so the dns system is controlled and operated by icann so anything constantly requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply entirely 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 discuss to you whatever that you require to referred to as a novice about unstoppable domain names 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 actually work i believe

individuals are going to be rather surprised that it’s way more complex and technical than you thought of 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 releasing the domain through a icann certified domain register why do i say i can license since you can’t get your domain names straight from i can which is once again the nonprofit company that handles the dns system you need to go through an icann accredited domain register in order to get a domain name and that’s simply 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 rules and that’s what people have actually been doing for the last few decades in order to get a domain so that’s why you require to pay a yearly charge on your domain names because you’re not actually 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 system 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 computer registry for that extension

Is unstoppable domains on Ethereum? Crypto Zilliqa

is a verisign for example so all these various domain name extensions have various pc registries and the function of the registry is simply to manage the administrative information for that specific domain name nft domain names versus the traditional dns system what’s the difference well the standard dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain computer registries then you have your icann certified domain name 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 an unique digital item in this circumstances our domain names 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 discover that you can’t geta.com.net.org why well you can’t you must currently sort of understand why because those are managed 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 types of domain names through unstoppable domain names you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the primary difference is that these 2 are tied to various block chains that’s it so you have Crypto Zilliqa

https://www.youtube.com/watch?v=2HNAaf6rIec

 

your dot crypto which is connected 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 features and services constructed 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 tailored crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain obviously gradually as like we have decentralized webhosting develop with time it will be possible to use like a decentralized domain and a decentralized webhosting to create your own decentralized site presently it’s not truly possible i mean you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which people communicate with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than traditional domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will attain 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 communicate 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 actually been successful considerably, as they have developed a domain system that permits users to establish payments for 276 digital possessions under a single domain, while likewise being able to be utilized as a completely working website that can even have actually dApps constructed onto them because 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 incredibly safe because as soon as declared the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.

It is two times as safe since this also indicates that the domain can not be blocked by anybody aside from you, so your website is never at risk of being down due to censorship. The site for buying 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 on a two main elements, though it ought to be kept in mind that acquiring a domain is a one-time cost and requires 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 pick, as expense 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 premium domains that cost tens of thousands.

The next element is the gas fees related to using the Ethereum blockchain to declare your domain, because the domains are saved on the Ethereum blockchain, the transaction to claim them comes in ETH and is not consisted of 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. In general you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the very best Functions of Unstoppable Domains?

There are a couple of features of Unstoppable Domains that stand apart. The reality that it is a one-time purchase without any annual renewal is very enticing thinking about the method standard 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 performance than standard domains because they can be used to a payment router, however likewise used to produce sites with dApps constructed directly on them due to the fact that they exist on the blockchain, allowing the use of smart agreements on your site. Crypto Zilliqa

Perhaps the very best and most appealing feature of Unstoppable Domains is that is supplies you a method to have one address for you to receive 276 different crypto assets, indicating once you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is simpler not just for you, but for anyone who you wish to receive funds from.

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

 

Possible Dealbreakers.

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

This may only be a dealbreaker since 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 fees. However, this is a one-time transaction charge, and unless you decide to sell/transfer your domain to another person it will be the extra charge connected with getting your domain.