Sell Crypto Domains | Easy Crypto

Unstoppable domain names is a san francisco-based company…Sell Crypto Domains… that is offering 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 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 extensions is just that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just entirely decentralized so there’s no governing body there’s nothing that needs any kind of approval or permission you as the owner own your domain name so in this video i want to discuss to you everything that you require to know as a newbie 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 name registration actually work i think

people 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 in fact purchasing the domain what you’re doing is you’re releasing the domain name through a icann licensed domain name register why do i state i can license since you can’t get your domain names directly from i can which is again the nonprofit company that handles the dns system you need to go through an icann certified domain register in order to get a domain name which’s just how it works like you’re like why do i have to do that i do not understand why asking me those are just the rules and that’s what individuals have actually been doing for the last couple of years in order to get a domain so that’s why you need to pay a yearly cost on your domain names due to the fact that you’re not in fact purchasing an owning domain name what you’re doing is leasing their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the windows registry that handles 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 pc registry for that extension

Is unstoppable domains on Ethereum? Sell Crypto Domains

is a verisign for instance so all these different domain extensions have different registries and the function of the computer system registry is just to handle the administrative data for that specific domain name nft domain names versus the traditional dns system what’s the distinction well the conventional dns system is a centralized system as i alluded to 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 alter it however like what does that particularly suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a special digital product in this circumstances our domain 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 type of know why since those are managed by verisign which is a domain registry which is handled by icann that’s part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can just get blockchain based domain names today they just have a dot crypto in dot zo at the time of recording this video the primary distinction is that these two are tied to various block chains that’s it so you have Sell Crypto Domains

 

your dot crypto which is tied to the ethereum blockchain you have your dot zill which is tied to the silica block durian blockchain is way more industrialized and you have a bit more functions and services built 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 primary function of unstoppable domain names obviously over time as like we have decentralized web host establish gradually it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized site presently it’s not actually possible i mean you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which individuals engage with crypto addresses.

Censor resistant domain saved in your wallet.

More functionality than traditional domains.

Supports 276 crypto possessions.

Cons.

Have to spend ETH to claim domain.

Still some question as to whether Unstoppable Domains will achieve extensive 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 simpler for users to connect with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.

In this way they have actually succeeded greatly, as they have developed a domain system that allows users to establish payments for 276 digital assets under a single domain, while likewise being able to be used as a completely operating site that can even have dApps built onto them because the domain is hosted on the blockchain. With a single payment and no yearly renewal costs, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

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

It is twice as safe since this likewise indicates 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 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 2 main factors, though it should be noted that purchasing a domain is a one-time expense and requires no yearly renewals of any sort.

The very first factor is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you pick, as cost is based upon domain type (. crypto is more than.wallet for example), and the length of the domain, with much shorter domains costing additional. In addition, there are premium domains that cost 10s of thousands.

The next aspect is the gas charges connected with utilizing the Ethereum blockchain to declare your domain, because the domains are stored on the Ethereum blockchain, the deal to claim them is available in ETH and is not included in your preliminary purchase. The gas charges you will pay will depend on the present expense of ETH and the network blockage at the time of the deal. In general you can get 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 functions of Unstoppable Domains that stick out. The truth that it is a one-time purchase with no annual renewal is very appealing considering the way 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 functionality than conventional domains due to the fact that they can be utilized to a payment router, however also used to develop sites with dApps constructed directly on them since they exist on the blockchain, allowing the use of smart agreements on your site. Sell Crypto Domains

Possibly the very best and most enticing feature of Unstoppable Domains is that is offers you a method to have one address for you to get 276 various crypto assets, indicating when 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 only for you, but for anybody who you wish to receive funds from.

 

Potential Dealbreakers.

There is only one real prospective dealbreaker when it pertains to utilizing Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.

This may only be a dealbreaker since 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 think it is unreasonable to pay the gas fees. This is a one-time transaction fee, and unless you decide to sell/transfer your domain to someone else it will be the extra cost associated with getting your domain.

Sell Crypto Domains | Easy Crypto

Unstoppable domain names is a san francisco-based business…Sell Crypto Domains… that is supplying 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 tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just completely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or authorization you as the owner own your domain name so in this video i wish to describe to you whatever that you require to referred to as a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain name registration actually work i think

individuals are going to be quite shocked that it’s way more technical and complex than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re releasing the domain name through a icann certified domain register why do i state i can license since you can’t get your domain names straight from i can which is again the not-for-profit organization that handles the dns system you need to go through an icann licensed domain name 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 don’t understand why asking me those are just the rules which’s what people have actually been doing 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 in fact buying an owning domain 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 windows registry that manages that domain extension which is then absolutely 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? Sell Crypto Domains

is a verisign for example so all these different domain name extensions have various pc registries and the role of the registry is simply to manage the administrative information for that particular domain nft domain versus the conventional dns system what’s the difference well the conventional dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain computer system 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 suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain 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 find out that you can’t geta.com.net.org why well you can’t you must currently type of understand why because those are managed by verisign which is a domain name pc registry which is managed by icann that belongs to the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain right now they just 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 Sell 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 industrialized and you have a little bit more services and functions developed 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 tailored crypto addresses that can be set up as a payment entrance so this is the primary feature of unstoppable domain names clearly over time as like we have decentralized webhosting establish over time it will be possible to utilize like a decentralized domain name and a decentralized web host to create your own decentralized website currently it’s not actually possible i imply you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals connect with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than conventional domains.

Supports 276 crypto properties.

Cons.

Need to spend ETH to claim domain.

Still some question as to 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 present CEO, who saw a requirement for it to be much easier for users to engage with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered location, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.

In this way they have succeeded considerably, as they have actually created a domain system that enables users to establish payments for 276 digital assets under a single domain, while also having the ability to be utilized as a completely functioning site that can even have dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no annual renewal costs, 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, implying they are as safe as the blockchain itself.

It is doubly safe because this also means that the domain can not be blocked by anyone other than you, so your site is never ever at risk of being down due to censorship. The website for purchasing the domains is safe as well and can be protected with two-factor authentication.

Just How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends on a two main aspects, though it should be noted that acquiring a domain is a one-time expense and needs 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 upon the domain you select, as expense is based on domain type (. crypto is more than.wallet for example), 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 claim them comes in ETH and is not consisted of in your preliminary purchase. The gas fees you will pay will depend on the current cost 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 total.

What Are the very best Functions of Unstoppable Domains?

There are a few features of Unstoppable Domains that stick out. The fact that it is a one-time purchase without any annual renewal is very appealing considering the method standard domain ownership works, and in addition, the domain is censor resistant, meaning it can not be taken down by anyone aside from the owner.

The domains also have more functionality than traditional domains due to the fact that they can be utilized to a payment router, but likewise utilized to develop sites with dApps constructed straight on them since they exist on the blockchain, allowing the use of smart contracts on your site. Sell Crypto Domains

Possibly the best and most appealing function of Unstoppable Domains is that is provides you a way to have one address for you to receive 276 various crypto assets, 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 established for each cryptocurrency. It is much easier not only for you, but for anyone who you want to get funds from.

 

Prospective Dealbreakers.

There is only one real possible dealbreaker when it concerns using Unstoppable Domains, which is the expense of claiming your domain with Ethereum.

This might just 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 costs. This is a one-time deal fee, and unless you decide to sell/transfer your domain to somebody else it will be the extra cost associated with getting your domain.