Unstoppable domain is a san francisco-based company…Unstoppable Domains Meaning… that is supplying domain name extensions that are tied to the blockchain instead of being tied 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 name extension which is connected 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 controlled and run by icann so anything always requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type 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 know as a novice about unstoppable domain make certain to inspect the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration actually work i believe
individuals are going to be quite surprised that it’s way more complex and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re releasing the domain through a icann licensed domain register why do i state i can accredit since you can’t get your domain straight from i can which is once again the nonprofit company that handles the dns system you have to go through an icann licensed domain name register in order to get a domain name which’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are simply the guidelines and that’s what individuals have actually been providing for the last couple of decades in order to get a domain so that’s why you require to pay an annual fee on your domain names 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 manages that domain name extension which is then completely handled 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 Meaning
is a verisign for example so all these various domain name extensions have different pc registries and the role of the windows registry is just to handle the administrative data for that particular domain nft domain names versus the standard dns system what’s the distinction well the standard dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer system 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 alter it however like what does that particularly mean a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents an unique digital product in this instance our domain names dot crypto versus dot zill what’s the difference with these 2 so if you jump 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 must already kind of know why because those are handled by verisign which is a domain pc registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can only get blockchain based domain names right now they just have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these 2 are tied to various block chains that’s it so you have Unstoppable Domains Meaning
your dot crypto which is connected 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 bit more features and services constructed 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 set up as a payment gateway so this is the main function of unstoppable domain clearly in time as like we have actually decentralized web host develop over time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized site currently it’s not actually possible i suggest you can do it but it’s quite technical uh.
One-time purchase of domain.
Streamlines method which individuals connect with crypto addresses.
Censor resistant domain saved in your wallet.
More performance than conventional domains.
Supports 276 crypto possessions.
Need to invest ETH to claim domain.
Still some concern as to whether Unstoppable Domains will accomplish extensive adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the current CEO, who saw a need for it to be simpler for users to connect with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered place, so users did not have to learn IP addresses in order to get to sites, except for crypto addresses.
In this way they have been successful considerably, as they have developed a domain system that allows users to establish payments for 276 digital properties under a single domain name, while also being able to be used as a completely operating website that can even have dApps developed onto them because the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe due to the fact that once claimed the domains exist under your address on blockchain, implying they are as secure as the blockchain itself.
It is two times as safe since this also indicates that the domain can not be blocked by anyone other than you, so your site is never at risk of being down due to censorship. The website for acquiring 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 primary aspects, though it needs to be noted that buying a domain is a one-time cost and requires 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 on the domain you pick, as cost is based upon 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 superior domains that cost 10s of thousands.
The next element is the gas costs connected with utilizing the Ethereum blockchain to claim your domain, because 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 charges you will pay will depend on the present 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 overall.
What Are the Best Features of Unstoppable Domains?
There are a couple of functions of Unstoppable Domains that stand out. The fact that it is a one-time purchase without any yearly renewal is extremely enticing thinking about the method standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anyone aside from the owner.
The domains also have more functionality than traditional domains because they can be used to a payment router, but also utilized to produce sites with dApps developed directly on them because they exist on the blockchain, allowing the use of clever agreements on your site. Unstoppable Domains Meaning
Possibly the best and most attractive feature of Unstoppable Domains is that is offers you a way to have one address for you to get 276 various crypto properties, indicating 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 much easier not just for you, but for anybody who you wish to receive funds from.
There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the cost of claiming your domain with Ethereum.
This might only be a dealbreaker because 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 fees. This is a one-time deal fee, and unless you choose to sell/transfer your domain to someone else it will be the additional cost associated with getting your domain.