Crypto Zombie | Easy Crypto

Unstoppable domain is a san francisco-based company…Crypto Zombie… that is providing domain extensions that are tied 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 name 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 operated by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply totally decentralized so there’s no governing body there’s absolutely nothing that requires any kind 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 need to called a newbie about unstoppable domain make certain to examine the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration really work i think

individuals are going to be quite surprised that it’s method more complex and technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain name what you’re doing is you’re launching the domain through a icann accredited domain name register why do i state i can certify because you can’t get your domain directly from i can which is again the not-for-profit company that handles 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 do not know why asking me those are just the guidelines which’s what individuals have been doing for the last couple of decades in order to get a domain name so that’s why you require to pay an annual charge on your domain names due to the fact that you’re not really purchasing an owning domain what you’re doing is leasing 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 registry that manages that domain name 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 Zombie

is a verisign for instance so all these various domain name extensions have various registries and the function of the registry is simply to handle the administrative data for that specific domain nft domain versus the conventional dns system what’s the distinction well the standard dns system is a central 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 licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that specifically imply a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents an unique digital item in this instance 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 ought to currently sort of understand why because those are managed by verisign which is a domain name pc registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain 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 main difference is that these 2 are connected to various block chains that’s it so you have Crypto Zombie

 

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 developed and you have a little bit more services and functions built around uh at the ethereum blockchain with a dot crypto domain name 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 gateway so this is the main feature of unstoppable domain names certainly over time as like we have decentralized web host establish gradually it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized site presently it’s not really possible i mean you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which individuals engage with crypto addresses.

Censor resistant domain saved in your wallet.

More functionality than traditional domains.

Supports 276 crypto properties.

Cons.

Need to spend ETH to claim domain.

Still some question regarding whether Unstoppable Domains will accomplish prevalent adoption.

Some domains are still pre-sale just.

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 aim of Unstoppable Domains is to be like the DNS system that entered place, 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 prospered significantly, 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 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 very safe because when claimed the domains exist under your address on blockchain, suggesting they are as safe as the blockchain itself.

It is twice as safe because this also indicates that the domain can not be blocked by anyone aside from you, so your website is never at risk of being down due to censorship. The website for buying the domains is safe too and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends upon a two main aspects, though it ought to be noted that acquiring a domain is a one-time expense and requires no annual renewals of any sort.

The first element is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you choose, as expense is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing additional. In addition, there are premium domains that cost tens of thousands.

The next factor is the gas charges associated with using the Ethereum blockchain to declare your domain, since the domains are kept on the Ethereum blockchain, the transaction to declare them comes in ETH and is not consisted of in your preliminary purchase. The gas charges you will pay will depend on the current 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 apart. The reality that it is a one-time purchase without any yearly renewal is incredibly appealing thinking about the way standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anybody other than the owner.

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

Maybe the best and most enticing function of Unstoppable Domains is that is offers you a method to have one address for you to receive 276 various crypto assets, suggesting as soon as you set it up you will only ever need to know your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is easier not just for you, but for anybody who you wish to receive funds from.

 

Possible Dealbreakers.

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

This may only be a dealbreaker because you do not have any Ethereum at your address and need to purchase 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 deal fee, and unless you decide to sell/transfer your domain to someone else it will be the extra fee associated with getting your domain.