Unstoppable Domains Airdrop Ens | Easy Crypto

Unstoppable domain is a san francisco-based business…Unstoppable Domains Airdrop Ens… that is offering domain name extensions that are connected to the blockchain instead of being connected 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 just that they are decentralized so the dns system is managed and operated by icann so anything constantly requires 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 nothing that requires any kind of approval or approval you as the owner own your domain so in this video i want to discuss to you whatever that you require to know as a newbie about unstoppable domain names make sure to check the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration actually work i think

people are going to be rather surprised that it’s method more complex and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying 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 certify due to the fact that you can’t get your domain directly from i can which is again the nonprofit company that handles the dns system you have 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 need to do that i do not understand why asking me those are simply 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 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 handles that domain extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension

Is unstoppable domains on Ethereum? Unstoppable Domains Airdrop Ens

is a verisign for instance so all these various domain extensions have different registries and the role of the pc registry is just to handle the administrative data for that specific domain nft domain names 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 icann you have your domain computer registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that particularly indicate a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a special digital item in this circumstances our domain names dot crypto versus dot zill what’s the difference 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 need to currently type of know why since those are handled by verisign which is a domain name pc 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 right now they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these two are connected to different block chains that’s it so you have Unstoppable Domains Airdrop Ens

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

 

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 developed and you have a little bit more functions and services built around uh at the ethereum blockchain with a dot crypto domain than you make 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 primary feature of unstoppable domain certainly gradually as like we have actually decentralized web host establish over time 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 actually possible i indicate you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which individuals interact with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than traditional domains.

Supports 276 crypto properties.

Cons.

Need to spend ETH to claim domain.

Still some question as to whether Unstoppable Domains will accomplish 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 requirement for it to be simpler for users to connect with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered into place, so users did not have 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 produced a domain system that permits users to set up payments for 276 digital assets under a single domain name, while also having the ability to be used as a completely working site that can even have dApps built onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal costs, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe because once 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 likewise means that the domain can not be obstructed by anyone besides you, so your website is never at risk of being down due to censorship. The site for buying the domains is safe also and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

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

The first aspect is the expense of the domain itself, this can vary 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 much shorter domains costing extra. In addition, there are superior domains that cost tens of thousands.

The next element is the gas charges connected with using the Ethereum blockchain to declare your domain, since the domains are saved on the Ethereum blockchain, the deal to claim them comes in ETH and is not included in your preliminary purchase. The gas charges you will pay will depend on the existing cost of ETH and the network blockage at the time of the deal. Overall you can get likely yourself a cheap.crypto domain and claim it for under $50 total.

What Are the Best Features of Unstoppable Domains?

There are a few functions of Unstoppable Domains that stand apart. The fact that it is a one-time purchase without any yearly renewal is incredibly appealing thinking about the method traditional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anyone other than the owner.

The domains also have more functionality than traditional domains because they can be used to a payment router, however also used to produce sites with dApps constructed directly on them because they exist on the blockchain, allowing the use of smart agreements on your site. Unstoppable Domains Airdrop Ens

Perhaps the very best and most attractive feature of Unstoppable Domains is that is offers 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 only ever need to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is simpler not only for you, but for anyone who you wish to get funds from.

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

 

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 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 believe it is unreasonable to pay the gas charges. This is a one-time deal fee, and unless you choose to sell/transfer your domain to someone else it will be the additional fee associated with getting your domain.