Unstoppable Domains Premium | Easy Crypto

Unstoppable domain is a san francisco-based company…Unstoppable Domains Premium… that is providing domain name extensions that are tied to the blockchain instead of being connected to the dns system specifically 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 simply that they are decentralized so the dns system is managed and run by icann so anything always requires approval from that governing body but 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 consent you as the owner own your domain name so in this video i wish to discuss to you whatever that you need to called a novice about unstoppable domain make certain 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 really work i believe

individuals are going to be rather surprised that it’s way more complex and technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re launching the domain through a icann accredited domain name register why do i say i can license due to the fact that 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 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 don’t understand why asking me those are just the guidelines and that’s what people have actually been providing for the last few decades in order to get a domain name so that’s why you need to pay a yearly charge on your domain names due to the fact that you’re not in fact buying 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 windows 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 computer registry for that extension

Is unstoppable domains on Ethereum? Unstoppable Domains Premium

is a verisign for example so all these different domain extensions have various computer system registries and the function of the pc registry is simply to manage the administrative data for that specific domain name nft domain versus the standard dns system what’s the distinction well the traditional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain computer system 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 alter it but like what does that specifically mean a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents a special digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference with these two so if you jump 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 know why because those are managed by verisign which is a domain computer registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain 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 connected to different block chains that’s it so you have Unstoppable Domains Premium

 

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 services and functions developed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill however functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain clearly gradually as like we have decentralized web host develop gradually it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized website presently it’s not truly possible i suggest you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which people connect with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than conventional domains.

Supports 276 crypto properties.

Cons.

Need to spend ETH to claim domain.

Still some concern as to whether Unstoppable Domains will accomplish prevalent adoption.

Some domains are still pre-sale only.

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 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 actually prospered significantly, as they have developed a domain system that enables users to establish payments for 276 digital properties under a single domain, while likewise having the ability to be used as a fully working website 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 intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is very safe because as soon as declared the domains exist under your address on blockchain, suggesting they are as protected as the blockchain itself.

It is two times as safe since this likewise means that the domain can not be obstructed by anybody other than you, so your site is never at risk of being down due to censorship. The site for buying the domains is safe too and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

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

The very first factor is the expense 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 on domain type (. crypto is more than.wallet for example), 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 associated with using the Ethereum blockchain to claim your domain, since the domains are stored on the Ethereum blockchain, the transaction to declare them comes in ETH and is not included in your preliminary purchase. The gas costs you will pay will depend on 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 features of Unstoppable Domains that stand out. The truth that it is a one-time purchase with no annual renewal is very attractive considering the way standard 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 likewise have more performance than standard 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 due to the fact that they exist on the blockchain, allowing the use of wise contracts on your site. Unstoppable Domains Premium

Perhaps the very best and most enticing feature of Unstoppable Domains is that is provides you a method to have one address for you to get 276 different crypto assets, meaning when you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is much easier not only for you, but for anyone who you want to receive funds from.

 

Prospective Dealbreakers.

There is only one genuine prospective dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of claiming your domain with Ethereum.

This might just be a dealbreaker because you do not have any Ethereum at your address and need to acquire some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas costs. Nevertheless, 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.