Unstoppable Domains Premium Sale | Easy Crypto

Unstoppable domain names is a san francisco-based company…Unstoppable Domains Premium Sale… 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 connected 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 simply that they are decentralized so the dns system is controlled and operated by icann so anything constantly requires approval from that governing body however 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 needs any kind of approval or consent you as the owner own your domain so in this video i wish to explain to you whatever that you require to referred to as a beginner about unstoppable domain make certain to inspect the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration really work i think

individuals are going to be rather stunned that it’s way more technical and complicated than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain name what you’re doing is you’re releasing the domain name through a icann licensed 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 not-for-profit company that manages the dns system you have to go through an icann accredited domain register in order to get a domain name which’s simply how it works like you resemble why do i have to do that i don’t understand why asking me those are just the guidelines and that’s what individuals have actually been doing for the last couple of decades in order to get a domain name so that’s why you need to pay an annual cost on your domain since you’re not really purchasing 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 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 pc registry for that extension

Is unstoppable domains on Ethereum? Unstoppable Domains Premium Sale

is a verisign for instance so all these various domain extensions have various computer system registries and the role of the pc registry is just to handle the administrative data for that particular domain name 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 system registries then you have your icann certified domain name 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 mean a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a distinct 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 must 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 becomes part of the dns system that’s why you can’t get those types of domain through unstoppable domain 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 main distinction is that these 2 are tied to different block chains that’s it so you have Unstoppable Domains Premium Sale

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

 

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 industrialized and you have a little bit more functions and services 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 individualized crypto addresses that can be established as a payment gateway so this is the main function of unstoppable domain clearly in time as like we have decentralized web host establish over time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized site currently it’s not actually possible i suggest you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals engage with crypto addresses.

Censor resistant domain stored in your wallet.

More functionality than conventional domains.

Supports 276 crypto possessions.

Cons.

Have to spend ETH to claim domain.

Still some question regarding whether Unstoppable Domains will attain extensive adoption.

Some domains are still pre-sale just.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a need for it to be much easier for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered into place, so users did not need to discover IP addresses in order to get to sites, except for crypto addresses.

In this manner they have been successful considerably, as they have developed a domain system that enables users to establish payments for 276 digital possessions under a single domain name, while also being able to be utilized as a completely functioning website that can even have actually dApps developed onto them due to the fact that the domain is hosted on the blockchain. With no annual renewal and a single payment costs, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe since once declared the domains exist under your address on blockchain, implying they are as safe and secure as the blockchain itself.

It is doubly safe due to the fact that this likewise indicates 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 site for acquiring the domains is safe too and can be secured with two-factor authentication.

Just How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends upon a 2 main factors, though it should be kept in mind that purchasing a domain is a one-time cost and needs no yearly renewals of any sort.

The first element is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon 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 factor is the gas charges connected with using the Ethereum blockchain to claim 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 initial purchase. The gas fees you will pay will depend upon the existing cost of ETH and the network blockage at the time of the transaction. Overall 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 functions of Unstoppable Domains that stand apart. The fact that it is a one-time purchase with no annual renewal is very appealing thinking about the way traditional 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 also have more functionality than standard domains since they can be utilized to a payment router, however also utilized to create 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 website. Unstoppable Domains Premium Sale

Possibly the best and most enticing feature of Unstoppable Domains is that is supplies you a way to have one address for you to receive 276 various crypto possessions, indicating when you set it up you will only 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 only for you, but for anyone who you want to receive funds from.

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

 

Potential Dealbreakers.

There is only one genuine possible dealbreaker when it comes to using Unstoppable Domains, which is the expense of claiming your domain with Ethereum.

This might just be a dealbreaker since you do not have any Ethereum at your address and need to purchase 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 transaction fee, and unless you choose to sell/transfer your domain to somebody else it will be the extra charge associated with getting your domain.