Dot Crypto Domains | Easy Crypto

Unstoppable domain is a san francisco-based company…Dot Crypto Domains… that is providing domain name extensions that are tied to the blockchain instead of being connected to the dns system particularly you can get a dot crypto which is tied 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 name extensions is simply that they are decentralized so the dns system is managed and operated 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 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 so in this video i wish to explain to you whatever that you need to called a beginner about unstoppable domain names make certain to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration really work i believe

people are going to be rather stunned that it’s way more complex and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re launching the domain name through a icann licensed domain name register why do i state i can certify due to the fact that you can’t get your domain names directly from i can which is once again the nonprofit organization that handles the dns system you need to go through an icann certified domain name register in order to get a domain name and that’s just how it works like you resemble why do i have to do that i don’t know why asking me those are just the rules which’s what people have been providing for the last couple of years in order to get a domain so that’s why you require to pay a yearly cost on your domain names due to the fact that you’re not actually buying an owning domain name 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 pc registry that manages that domain name extension which is then completely managed and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension

Is unstoppable domains on Ethereum? Dot Crypto Domains

is a verisign for example so all these various domain extensions have various computer system registries and the role of the windows registry is simply to manage the administrative data for that particular domain name nft domain versus the traditional dns system what’s the difference well the traditional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain computer 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 change it however like what does that particularly indicate a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital product in this instance our domain dot crypto versus dot zill what’s the distinction with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to learn that you can’t geta.com.net.org why well you can’t you ought to already sort 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 types of domain through unstoppable domain you can only get blockchain based domain names right now they only have a dot crypto in dot zo at the time of recording this video the primary difference is that these two are tied to different block chains that’s it so you have Dot Crypto Domains

 

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 bit more functions and services constructed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however functionally speaking they are the same individualized crypto addresses that can be set up as a payment gateway so this is the main function of unstoppable domain names obviously in time as like we have decentralized web host develop with time it will be possible to utilize like a decentralized domain and a decentralized webhosting to produce your own decentralized website presently it’s not actually possible i imply you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies method which people connect with crypto addresses.

Censor resistant domain stored in your wallet.

More functionality than standard domains.

Supports 276 crypto assets.

Cons.

Need to spend ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve widespread 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 need for it to be easier for users to engage with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered location, so users did not need to discover IP addresses in order to get to websites, except for crypto addresses.

In this manner they have been successful considerably, as they have created a domain system that enables 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 no annual renewal and a single payment charges, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe since when declared the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.

It is doubly safe due to the fact that this also suggests that the domain can not be obstructed by anybody other than you, so your site is never at risk of being down due to censorship. The site for buying the domains is safe as well and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

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

The very first factor 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 expense is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing extra. In addition, there are premium domains that cost 10s of thousands.

The next element is the gas costs associated with utilizing the Ethereum blockchain to declare your domain, since the domains are kept on the Ethereum blockchain, the deal to declare them can be found in ETH and is not included in your initial purchase. The gas fees you will pay will depend upon the current cost 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 total.

What Are the very best Features of Unstoppable Domains?

There are a couple of functions of Unstoppable Domains that stand out. The truth that it is a one-time purchase with no yearly renewal is incredibly attractive considering the method standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anybody besides the owner.

The domains likewise have more performance than conventional domains because they can be utilized to a payment router, however also utilized to create sites with dApps constructed directly on them since they exist on the blockchain, allowing the use of clever contracts on your website. Dot Crypto Domains

Perhaps the very best and most appealing function of Unstoppable Domains is that is supplies you a way to have one address for you to receive 276 various crypto possessions, implying as soon as you set it up you will only ever need 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 anybody who you want to get funds from.

 

Possible Dealbreakers.

There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of claiming 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 require to buy some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas fees. However, this is a one-time deal cost, and unless you choose to sell/transfer your domain to somebody else it will be the additional cost connected with getting your domain.

Dot Crypto Domains | Easy Crypto

Unstoppable domain is a san francisco-based business…Dot Crypto Domains… that is supplying domain extensions that are connected 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 tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always requires approval from that governing body but 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 requires any type of approval or approval you as the owner own your domain so in this video i wish to discuss to you everything that you need to know as a beginner about unstoppable domain names make certain to check the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration in fact work i think

people are going to be quite stunned that it’s way more complicated and technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re launching the domain name through a icann certified domain register why do i say i can accredit since you can’t get your domain straight from i can which is once again the not-for-profit company that handles the dns system you have to go through an icann certified domain register in order to get a domain and that’s just how it works like you’re like why do i need to do that i don’t understand why asking me those are simply the rules which’s what individuals have actually been providing for the last few years in order to get a domain so that’s why you require 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 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 absolutely handled and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension

Is unstoppable domains on Ethereum? Dot Crypto Domains

is a verisign for example so all these different domain extensions have various computer system registries and the function of the registry is just to manage the administrative data for that particular domain name nft domain versus the traditional 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 actually icann you have your domain registries then you have your icann accredited domain 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 just a piece of data found on a blockchain that is verifiable and represents an unique digital product 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 learn that you can’t geta.com.net.org why well you can’t you must already kind of understand why because those are managed by verisign which is a domain name 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 names you can only get blockchain based domain 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 connected to various block chains that’s it so you have Dot Crypto Domains

 

your dot crypto which is connected to the ethereum blockchain you have your dot zill which is tied to the silica block durian blockchain is way more developed and you have a little bit more functions and services built around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same personalized crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain clearly in time as like we have decentralized webhosting develop with time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized website presently it’s not truly possible i imply you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies method which people interact with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than standard domains.

Supports 276 crypto properties.

Cons.

Have to spend ETH to claim domain.

Still some concern as to whether Unstoppable Domains will attain widespread 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 need for it to be much easier for users to connect with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that came into place, so users did not need to discover IP addresses in order to get to websites, except for crypto addresses.

In this manner they have been successful significantly, as they have created a domain system that allows users to set up payments for 276 digital assets under a single domain name, while also having the ability to be used as a totally working site that can even have dApps built onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is very safe because once claimed the domains exist under your address on blockchain, suggesting they are as secure as the blockchain itself.

It is doubly safe since this likewise 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 site for purchasing the domains is safe as well and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 main aspects, though it needs to be noted that purchasing a domain is a one-time cost and needs no yearly renewals of any sort.

The first aspect is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you pick, as cost is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain name, with much shorter domains costing extra. In addition, there are superior domains that cost 10s of thousands.

The next element is the gas costs associated with utilizing the Ethereum blockchain to declare 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 consisted of in your preliminary purchase. The gas fees you will pay will depend upon the current 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 fact that it is a one-time purchase without any yearly renewal is extremely appealing thinking about the way standard domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be taken down by anybody besides the owner.

The domains also have more functionality than conventional domains because they can be utilized to a payment router, but also utilized to create websites with dApps built directly on them due to the fact that they exist on the blockchain, allowing the use of clever agreements on your site. Dot Crypto Domains

Perhaps the best and most attractive function of Unstoppable Domains is that is provides you a way to have one address for you to receive 276 different crypto possessions, meaning as soon as you set it up you will just ever require to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is easier not just for you, but for anybody who you want to receive funds from.

 

Potential Dealbreakers.

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

This may only be a dealbreaker because you do not have any Ethereum at your address and require to purchase some in order to declare your domain, or if for some reason you think it is unreasonable to pay the gas costs. Nevertheless, this is a one-time deal charge, and unless you decide to sell/transfer your domain to someone else it will be the extra cost connected with getting your domain.