A Novel Blockchain Based Cross Domain Authentication Scheme – Get .NFT

 

This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. A Novel Blockchain Based Cross Domain Authentication Scheme…These domains can not only be used as fully functional websites, with decentralized applications (dApps) integrated, but also as a payment hub address where users can get over 275 different crypto coins and tokens. By offering intricate crypto addresses a human readable name, Unstoppable Domains intends to be the domain addresses of the future.

https://www.youtube.com/watch?v=llN4glENHK0

 

unstoppable domain names is a san francisco-based company that is supplying domain extensions that are connected 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 advantage of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is controlled and run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are simply completely decentralized so there’s no governing body there’s nothing that requires any kind 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 referred to as a novice about unstoppable domain names ensure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration actually work i think

individuals are going to be rather shocked that it’s way more complex and technical than you pictured 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 through a icann certified domain name register why do i say i can license due to the fact that you can’t get your domain straight from i can which is again the not-for-profit organization that manages the dns system you need to go through an icann licensed domain register in order to get a domain name which’s just how it works like you’re like why do i need to do that i do not know why asking me those are simply the guidelines and that’s what individuals have actually been doing for the last couple of decades in order to get a domain so that’s why you need to pay an annual cost on your domain due to the fact that you’re not in fact purchasing an owning domain 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 extension which is then absolutely handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension

Is unstoppable domains on Ethereum? A Novel Blockchain Based Cross Domain Authentication Scheme

is a verisign for instance so all these different domain name extensions have different windows registries and the function of the windows registry is simply to manage the administrative data for that particular domain nft domain versus the standard dns system what’s the distinction well the standard dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it however like what does that specifically mean a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital item in this instance our domain dot crypto versus dot zill what’s the distinction with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to find out that you can’t geta.com.net.org why well you can’t you need to already sort of know why because those are handled by verisign which is a domain pc registry which is handled by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain right now they just have a dot crypto in dot zo at the time of recording this video the main difference is that these 2 are connected to various block chains that’s it so you have A Novel Blockchain Based Cross Domain Authentication Scheme

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

 

your dot crypto which is connected 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 name than you make with a dot zill however functionally speaking they are the same tailored crypto addresses that can be set up as a payment entrance so this is the main feature of unstoppable domain names undoubtedly in time as like we have actually decentralized web host develop gradually it will be possible to utilize like a decentralized domain name and a decentralized web host to create your own decentralized site currently it’s not actually possible i imply you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which people interact with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than conventional domains.

Supports 276 crypto assets.

Cons.

Need to spend ETH to claim domain.

Still some concern as to whether Unstoppable Domains will achieve prevalent 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 communicate with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into location, so users did not have to discover IP addresses in order to get to sites, except for crypto addresses.

In this way they have actually succeeded considerably, as they have actually developed a domain system that allows users to establish payments for 276 digital possessions under a single domain, while also being able to be utilized as a completely operating site that can even have actually dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no yearly renewal charges, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe due to the fact that once claimed the domains exist under your address on blockchain, suggesting they are as safe and secure as the blockchain itself.

It is twice as safe since this also indicates that the domain can not be blocked by anyone other than you, so your website is never ever at risk of being down due to censorship. The site for purchasing the domains is safe as well 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 should be noted that purchasing a domain is a one-time cost and requires no annual renewals of any sort.

The very first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you pick, 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 superior domains that cost 10s of thousands.

The next aspect is the gas fees connected with using the Ethereum blockchain to claim your domain, since the domains are kept on the Ethereum blockchain, the transaction to declare 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 current cost of ETH and the network congestion at the time of the deal. Overall you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the very best Functions of Unstoppable Domains?

There are a few features of Unstoppable Domains that stand apart. The truth that it is a one-time purchase without any annual renewal is incredibly enticing considering the way standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be removed by anybody other than the owner.

The domains likewise have more functionality than conventional domains because they can be utilized to a payment router, but likewise used to develop websites 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. A Novel Blockchain Based Cross Domain Authentication Scheme

Maybe the very best and most enticing function of Unstoppable Domains is that is supplies you a way to have one address for you to get 276 different crypto properties, indicating as soon as you set it up you will only ever need 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 anyone who you wish to receive funds from.

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

 

Possible Dealbreakers.

There is only one real prospective dealbreaker when it pertains to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.

This might only be a dealbreaker due to the fact that you do not have any Ethereum at your address and need to acquire some in order to declare your domain, or if for some reason you think it is unreasonable to pay the gas fees. This is a one-time transaction charge, and unless you choose to sell/transfer your domain to somebody else it will be the extra cost associated with getting your domain.