Unstoppable domain is a san francisco-based business…Zeronet Namecoin… that is providing domain name extensions that are tied 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 name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name 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 just totally decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or approval you as the owner own your domain name so in this video i wish to discuss to you everything that you require to referred to as a novice about unstoppable domain ensure to check the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration really work i believe
people are going to be quite shocked that it’s method more complicated and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact buying the domain 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 straight from i can which is once again the not-for-profit company that manages the dns system you need to go through an icann licensed domain register in order to get a domain which’s just how it works like you resemble why do i need to do that i do not understand why asking me those are just the rules 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 need to pay an annual fee on your domain names due to the fact that you’re not in fact purchasing 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 computer registry that manages that domain extension which is then completely managed and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension
Is unstoppable domains on Ethereum? Zeronet Namecoin
is a verisign for example so all these different domain extensions have various pc registries and the role of the computer registry is simply to manage the administrative information for that specific domain nft domain names 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 registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it but like what does that specifically indicate a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain names 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 need to already sort of understand why since those are handled by verisign which is a domain computer system registry which is managed 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 today they just have a dot crypto in dot zo at the time of recording this video the main difference is that these two are tied to various block chains that’s it so you have Zeronet Namecoin
your dot crypto which is tied 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 little bit more services and functions built 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 customized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names clearly in time as like we have actually decentralized web host develop with time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized website currently it’s not really possible i indicate you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies method which individuals interact with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than conventional domains.
Supports 276 crypto properties.
Have to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will achieve extensive adoption.
Some domains are still pre-sale only.
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 objective of Unstoppable Domains is to be like the DNS system that entered place, so users did not need to find out IP addresses in order to get to sites, except for crypto addresses.
In this manner they have been successful considerably, as they have produced a domain system that enables users to establish payments for 276 digital assets under a single domain, while likewise having the ability to be utilized as a completely functioning site that can even have actually dApps developed onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe because once claimed the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.
It is two times as safe due to the fact that this also suggests that the domain can not be blocked by anyone besides you, so your site is never ever at risk of being down due to censorship. The website for acquiring the domains is safe also and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary elements, though it ought to be noted that purchasing a domain is a one-time expense and needs no yearly 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 upon the domain you pick, as expense is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.
The next element is the gas fees related to utilizing the Ethereum blockchain to declare your domain, because the domains are kept on the Ethereum blockchain, the deal to claim them can be found in ETH and is not consisted of in your initial purchase. The gas charges you will pay will depend upon the present expense of ETH and the network congestion 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 Functions of Unstoppable Domains?
There are a couple of functions of Unstoppable Domains that stand out. The reality that it is a one-time purchase without any yearly renewal is exceptionally enticing considering the way traditional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be taken down by anybody besides the owner.
The domains likewise have more performance than standard domains due to the fact that they can be utilized to a payment router, however also utilized to produce sites with dApps developed straight on them due to the fact that they exist on the blockchain, allowing the use of smart contracts on your website. Zeronet Namecoin
Maybe the best and most enticing feature of Unstoppable Domains is that is provides you a way to have one address for you to get 276 different crypto properties, suggesting as soon as you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is simpler not only for you, but for anybody who you wish to get funds from.
There is only one real prospective dealbreaker when it comes to using Unstoppable Domains, and that is the cost 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 think it is unreasonable to pay the gas fees. However, this is a one-time deal cost, and unless you decide to sell/transfer your domain to another person it will be the additional cost related to getting your domain.