Unstoppable domain is a san francisco-based company…Unstoppable Domains Hosting… that is supplying domain extensions that are connected 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 connected to the silica blockchain which is an alternative to ethereum the benefit 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 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 requires any type of approval or permission you as the owner own your domain so in this video i want to explain to you everything that you require to called a beginner about unstoppable domain ensure to check the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration actually work i believe
people are going to be quite shocked that it’s way more technical and complex than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re launching the domain name through a icann accredited domain name register why do i say i can license because you can’t get your domain names straight from i can which is once again the nonprofit company that handles the dns system you need to go through an icann accredited domain register in order to get a domain and that’s just how it works like you resemble why do i need to do that i do not understand why asking me those are just the rules which’s what individuals have actually 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 due to the fact that you’re not really purchasing 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 computer registry that handles that domain extension which is then totally 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? Unstoppable Domains Hosting
is a verisign for instance so all these different domain name extensions have different computer system registries and the role of the windows registry is just to manage the administrative data for that specific domain name nft domain versus the traditional dns system what’s the distinction well the conventional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain pc registries then you have your icann accredited domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that specifically indicate a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a special digital product in this instance our domain names 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 discover that you can’t geta.com.net.org why well you can’t you should currently type of understand why since those are handled by verisign which is a domain windows registry which is handled 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 today they just have a dot crypto in dot zo at the time of taping this video the primary difference is that these two are tied to different block chains that’s it so you have Unstoppable Domains Hosting
your dot crypto which is tied 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 features developed 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 personalized crypto addresses that can be established as a payment gateway so this is the primary feature of unstoppable domain names certainly over time as like we have decentralized webhosting develop in time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized site currently it’s not actually possible i imply you can do it however it’s pretty technical uh.
One-time purchase of domain.
Streamlines way in which individuals communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than standard domains.
Supports 276 crypto assets.
Have to spend ETH to claim domain.
Still some concern as to whether Unstoppable Domains will accomplish 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 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 discover IP addresses in order to get to websites, except for crypto addresses.
In this way they have succeeded significantly, as they have actually developed a domain system that permits users to set up payments for 276 digital properties under a single domain name, while also being able to be utilized as a totally working site that can even have actually dApps constructed onto them because the domain is hosted on the blockchain. With no annual renewal and a single payment fees, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe due to the fact that once declared the domains exist under your address on blockchain, indicating they are as secure as the blockchain itself.
It is two times as safe since this likewise indicates that the domain can not be blocked by anybody aside from you, so your site is never at risk of being down due to censorship. The site 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 upon a two main aspects, though it must be noted that buying a domain is a one-time cost and needs no yearly renewals of any sort.
The very first aspect is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you choose, 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 extra. In addition, there are superior domains that cost tens of thousands.
The next factor is the gas charges related to using 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 comes in ETH and is not included in your preliminary purchase. The gas costs 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 overall.
What Are the Best Features of Unstoppable Domains?
There are a few features of Unstoppable Domains that stick out. The truth that it is a one-time purchase with no annual renewal is extremely enticing thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anyone besides the owner.
The domains likewise have more performance than standard domains because they can be used to a payment router, but likewise used to produce sites with dApps developed straight on them because they exist on the blockchain, allowing the use of clever contracts on your site. Unstoppable Domains Hosting
Perhaps the very best and most attractive feature of Unstoppable Domains is that is provides you a method to have one address for you to get 276 different crypto assets, meaning once you set it up you will just ever require 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 want to get funds from.
There is only one real prospective dealbreaker when it comes to using Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.
This may just be a dealbreaker since you do not have any Ethereum at your address and require to buy some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas fees. This is a one-time transaction charge, and unless you decide to sell/transfer your domain to someone else it will be the additional cost associated with getting your domain.