Unstoppable domain names is a san francisco-based company…Namecoin √¶Àú¬Ø√•‚Ä¶¬Ç√®¬¥¬π√SS≈°‚Äû√•¬Ê‚Äî… that is providing 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 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 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 simply entirely decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain so in this video i want to explain to you everything that you require to referred to as a beginner about unstoppable domain 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 name registration in fact work i think
individuals are going to be rather shocked that it’s method more technical and complicated than you thought of 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 releasing the domain through a icann licensed domain name register why do i state i can accredit because you can’t get your domain names directly from i can which is once again the not-for-profit company that manages the dns system you need to go through an icann certified domain register in order to get a domain name which’s simply how it works like you resemble why do i have to do that i do not know why asking me those are just the rules which’s what people have actually been providing for the last couple of decades in order to get a domain so that’s why you require to pay a yearly fee on your domain names due to the fact that you’re not actually purchasing 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 pc registry that handles that domain extension which is then completely handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension
Is unstoppable domains on Ethereum? Namecoin √¶Àú¬Ø√•‚Ä¶¬Ç√®¬¥¬π√SS≈°‚Äû√•¬Ê‚Äî
is a verisign for example so all these various domain extensions have various computer registries and the role of the pc registry is simply to handle the administrative information for that particular domain name nft domain names versus the standard 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 actually icann you have your domain pc registries then you have your icann certified domain 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 imply a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a distinct digital product in this instance 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 learn that you can’t geta.com.net.org why well you can’t you should already kind of know why since those are handled 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 you can just get blockchain based domain names right now they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these 2 are tied to various block chains that’s it so you have Namecoin √¶Àú¬Ø√•‚Ä¶¬Ç√®¬¥¬π√SS≈°‚Äû√•¬Ê‚Äî
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 features built around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill however functionally speaking they are the same tailored crypto addresses that can be set up as a payment gateway so this is the main function of unstoppable domain names undoubtedly over time as like we have decentralized web host develop gradually it will be possible to utilize like a decentralized domain name and a decentralized webhosting to develop your own decentralized website currently it’s not really possible i suggest you can do it but it’s quite technical uh.
One-time purchase of domain.
Streamlines way in which individuals connect with crypto addresses.
Censor resistant domain kept in your wallet.
More functionality than standard domains.
Supports 276 crypto properties.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will accomplish widespread 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 connect 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 actually prospered greatly, as they have produced a domain system that permits users to establish payments for 276 digital assets under a single domain, while also having the ability to be used as a fully functioning site that can even have dApps constructed onto them since 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 very safe due to the fact that as soon as claimed the domains exist under your address on blockchain, meaning they are as safe and secure as the blockchain itself.
It is twice as safe since this likewise means that the domain can not be obstructed by anyone aside from you, so your site is never at risk of being down due to censorship. The site for purchasing the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a two primary elements, though it ought to be noted that buying 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 range from $20 USD to well over $1000 USD depending on the domain you choose, as cost is based on domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing additional. In addition, there are exceptional domains that cost tens of thousands.
The next factor is the gas fees associated with utilizing the Ethereum blockchain to declare your domain, due to the fact that the domains are kept on the Ethereum blockchain, the transaction to claim them is available in ETH and is not consisted of in your preliminary purchase. The gas fees you will pay will depend upon the existing expense of ETH and the network congestion 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 functions of Unstoppable Domains that stick out. The fact that it is a one-time purchase without any yearly renewal is incredibly appealing considering the way conventional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anyone besides the owner.
The domains also have more functionality than traditional domains because they can be utilized to a payment router, however also used to create sites with dApps developed directly on them due to the fact that they exist on the blockchain, allowing the use of wise agreements on your website. Namecoin √¶Àú¬Ø√•‚Ä¶¬Ç√®¬¥¬π√SS≈°‚Äû√•¬Ê‚Äî
Possibly the very best and most appealing feature of Unstoppable Domains is that is offers you a way to have one address for you to get 276 various crypto properties, suggesting once 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 simpler not only for you, but for anybody who you want to get funds from.
There is only one real potential dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.
This might only be a dealbreaker because you do not have any Ethereum at your address and need to purchase some in order to claim your domain, or if for some reason you think it is unreasonable to pay the gas charges. Nevertheless, this is a one-time transaction charge, and unless you choose to sell/transfer your domain to another person it will be the additional charge associated with getting your domain.