Unstoppable domain names is a san francisco-based company…Unstoppable Domains Lookup… that is offering 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 connected 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 extensions is simply that they are decentralized so the dns system is managed and run by icann so anything always needs 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 absolutely nothing that requires any kind of approval or authorization you as the owner own your domain name so in this video i wish to describe to you everything that you need to know as a novice about unstoppable domain names make sure to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration actually work i think
individuals are going to be quite shocked that it’s method more technical and complex than you pictured 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 releasing the domain name through a icann certified domain name register why do i state i can certify since you can’t get your domain directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann licensed domain name register in order to get a domain which’s just how it works like you resemble why do i have to do that i do not know why asking me those are simply the rules which’s what people have actually been providing for the last few years in order to get a domain name so that’s why you require to pay an annual fee on your domain since you’re not really buying an owning domain 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 absolutely managed 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 Lookup
is a verisign for example so all these various domain name extensions have different registries and the role of the pc registry is simply to manage the administrative data for that specific domain nft domain versus the traditional 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 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 distinct digital item in this instance 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 learn that you can’t geta.com.net.org why well you can’t you ought to already type of understand why due to the fact that those are handled by verisign which is a domain pc registry which is handled by icann that’s part of the dns system that’s why you can’t get those types of domain through unstoppable domain names you can only 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 connected to various block chains that’s it so you have Unstoppable Domains Lookup
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 bit more services and functions built around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance 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 web host to produce your own decentralized website currently it’s not actually possible i mean you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies method which people communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than traditional 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 just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a need for it to be easier for users to interact with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered location, 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 been successful significantly, as they have created a domain system that permits users to set up payments for 276 digital properties under a single domain name, while likewise having the ability to be utilized as a completely functioning site that can even have dApps constructed onto them since the domain is hosted on the blockchain. With a single payment and no annual renewal costs, Unstoppable Domains is an interesting 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, meaning they are as safe as the blockchain itself.
It is twice as safe due to the fact that this likewise means that the domain can not be obstructed by anyone aside from you, so your website is never at risk of being down due to censorship. The website for acquiring the domains is safe as well and can be secured with two-factor authentication.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a 2 main aspects, though it must be kept in mind that acquiring a domain is a one-time cost and requires no annual renewals of any sort.
The 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 pick, as expense is based on 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 premium domains that cost 10s of thousands.
The next aspect is the gas fees connected with using the Ethereum blockchain to declare your domain, since the domains are saved on the Ethereum blockchain, the deal to declare them can be found in ETH and is not consisted of in your preliminary purchase. The gas charges you will pay will depend upon the current expense of ETH and the network blockage at the time of the transaction. Overall you can get 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 features of Unstoppable Domains that stand apart. The truth that it is a one-time purchase without any annual renewal is incredibly enticing considering the method traditional domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anyone other than the owner.
The domains also have more performance than conventional domains due to the fact that they can be used to a payment router, however likewise used to create sites with dApps built directly on them since they exist on the blockchain, allowing the use of clever agreements on your site. Unstoppable Domains Lookup
Perhaps the best and most appealing function of Unstoppable Domains is that is supplies you a method to have one address for you to get 276 different crypto possessions, suggesting when you set it up you will just ever need to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is simpler not just for you, but for anybody who you wish to receive funds from.
There is only one genuine prospective dealbreaker when it pertains to using Unstoppable Domains, which is the expense of claiming your domain with Ethereum.
This may just be a dealbreaker due to the fact that you do not have any Ethereum at your address and require to purchase some in order to claim your domain, or if for some reason you think it is unreasonable to pay the gas charges. This is a one-time transaction charge, and unless you choose to sell/transfer your domain to somebody else it will be the extra charge associated with getting your domain.