Unstoppable domain is a san francisco-based company…Unstoppable Domains Names… that is offering 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 extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and operated by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s nothing that needs any kind of approval or approval you as the owner own your domain so in this video i want to explain to you everything that you need to called a newbie about unstoppable domain make sure to inspect 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 believe
individuals are going to be quite surprised that it’s method more complicated and technical than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain through a icann accredited domain register why do i state i can certify since you can’t get your domain names directly from i can which is once again the nonprofit organization that handles the dns system you have to go through an icann certified domain register in order to get a domain and that’s simply how it works like you resemble why do i have to do that i do not know why asking me those are just the rules and that’s what people have actually been providing for the last couple of years in order to get a domain name so that’s why you require to pay an annual fee on your domain names because you’re not actually buying an owning domain name what you’re doing is renting 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 manages that domain name extension which is then absolutely 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 Names
is a verisign for instance so all these various domain name extensions have various computer registries and the function of the computer registry is simply to manage the administrative data for that specific domain name nft domain names versus the standard dns system what’s the difference well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain pc registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it but like what does that particularly imply a non-fungible token is just a piece of data discovered 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 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 need to already sort of know why because those are managed by verisign which is a domain name windows registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain names you can just get blockchain based domain today they only 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 different block chains that’s it so you have Unstoppable Domains Names
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 functions developed around uh at the ethereum blockchain with a dot crypto domain 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 main feature of unstoppable domain obviously in time as like we have actually decentralized webhosting develop with time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not actually possible i indicate you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies method which people connect with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than traditional domains.
Supports 276 crypto assets.
Have to invest ETH to claim domain.
Still some concern regarding 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 current CEO, who saw a need for it to be much easier for users to connect with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered place, so users did not need to discover IP addresses in order to get to websites, except for crypto addresses.
In this way they have been successful greatly, as they have actually produced a domain system that permits users to establish payments for 276 digital properties under a single domain, while also having the ability to be utilized as a completely functioning site that can even have actually dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe since as soon as claimed the domains exist under your address on blockchain, suggesting they are as safe as the blockchain itself.
It is twice as safe since this likewise indicates that the domain can not be blocked by anybody aside from you, so your website is never ever at risk of being down due to censorship. The website for buying the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a two main factors, though it must be noted that buying a domain is a one-time expense and needs no annual renewals of any sort.
The first factor is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending on 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 additional. In addition, there are premium domains that cost tens of thousands.
The next aspect is the gas charges connected with using the Ethereum blockchain to claim your domain, because the domains are saved on the Ethereum blockchain, the deal to declare them is available in ETH and is not consisted of in your preliminary purchase. The gas costs you will pay will depend on the existing expense of ETH and the network congestion 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 very best Features of Unstoppable Domains?
There are a couple of functions of Unstoppable Domains that stick out. The truth that it is a one-time purchase without any yearly renewal is exceptionally attractive considering the method traditional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be taken down by anyone besides the owner.
The domains likewise have more functionality than traditional domains because they can be utilized to a payment router, however also utilized to produce sites with dApps built straight on them due to the fact that they exist on the blockchain, allowing the use of wise agreements on your site. Unstoppable Domains Names
Maybe the very best and most appealing function of Unstoppable Domains is that is provides you a method to have one address for you to get 276 various crypto possessions, implying once you set it up you will just ever require 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 anybody who you want to receive funds from.
There is only one real possible dealbreaker when it comes to utilizing Unstoppable Domains, which 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 purchase some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas charges. However, 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 related to getting your domain.