Blockchain Domain Registry – Get .NFT

 

This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Blockchain Domain Registry…These domains can not only be used as totally functional webpages, with decentralized applications (dApps) integrated, but likewise as a payment hub address where users can get over 275 various crypto coins and tokens. By providing intricate crypto addresses a human readable name, Unstoppable Domains aims to be the domain addresses of the future.

 

unstoppable domain names is a san francisco-based business that is offering domain 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 advantage 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 always needs approval from that governing body however 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 permission you as the owner own your domain name so in this video i want to discuss to you whatever that you require to know as a newbie about unstoppable domain names ensure to check the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration in fact work i believe

people are going to be rather shocked that it’s way more technical and complicated than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i state i can license since you can’t get your domain directly from i can which is again the nonprofit organization that handles the dns system you need to go through an icann certified domain register in order to get a domain name which’s simply how it works like you resemble why do i need to do that i don’t understand why asking me those are just the rules and that’s what individuals have been providing for the last couple of years in order to get a domain so that’s why you require to pay an annual cost on your domain since you’re not actually purchasing an owning domain what you’re doing is renting 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 extension which is then completely managed and arranged by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension

Is unstoppable domains on Ethereum? Blockchain Domain Registry

is a verisign for instance so all these different domain extensions have different computer system registries and the role of the pc registry is simply to handle the administrative information for that particular domain nft domain names versus the traditional dns system what’s the distinction 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 registries then you have your icann accredited domain 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 particularly imply a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents an unique digital item in this instance our domain names dot crypto versus dot zill what’s the distinction with these two so if you leap 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 currently sort of understand why since those are handled by verisign which is a domain name computer registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain 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 distinction is that these 2 are tied to different block chains that’s it so you have Blockchain Domain Registry

 

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 personalized crypto addresses that can be set up as a payment gateway so this is the main function of unstoppable domain names obviously over time as like we have actually decentralized webhosting develop with time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized website currently it’s not really possible i indicate you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which individuals communicate with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than standard domains.

Supports 276 crypto assets.

Cons.

Need to spend ETH to claim domain.

Still some concern as to whether Unstoppable Domains will attain widespread 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 simpler for users to connect 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 learn IP addresses in order to get to websites, except for crypto addresses.

In this way they have actually prospered significantly, as they have actually created a domain system that permits users to set up payments for 276 digital assets under a single domain, 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 a single payment and no annual renewal fees, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

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

It is two times as safe due to the fact that this likewise implies that the domain can not be obstructed by anyone besides 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 protected with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends upon a 2 main elements, though it needs to be kept in mind that buying a domain is a one-time cost and requires no annual renewals of any sort.

The very first aspect is the cost of the domain itself, this can range from $20 USD to well over $1000 USD depending upon the domain you choose, 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 extra. In addition, there are exceptional domains that cost 10s of thousands.

The next aspect is the gas fees associated with using the Ethereum blockchain to declare your domain, due to the fact that the domains are saved on the Ethereum blockchain, the transaction to declare them is available in ETH and is not included in your initial purchase. The gas costs you will pay will depend on the present expense of ETH and the network blockage at the time of the deal. In general you can get most likely yourself a cheap.crypto domain and claim it for under $50 total.

What Are the Best Features of Unstoppable Domains?

There are a few functions of Unstoppable Domains that stand apart. The reality that it is a one-time purchase with no annual renewal is very attractive considering the way traditional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be removed by anyone other than the owner.

The domains also have more performance than traditional domains since they can be utilized to a payment router, but likewise utilized to develop websites with dApps built directly on them since they exist on the blockchain, allowing the use of wise contracts on your site. Blockchain Domain Registry

Perhaps the very best and most attractive feature of Unstoppable Domains is that is offers you a way to have one address for you to receive 276 different crypto assets, implying 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 established for each cryptocurrency. It is easier not just for you, but for anyone who you want to receive funds from.

 

Potential Dealbreakers.

There is only one genuine possible dealbreaker when it comes to utilizing Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.

This might only be a dealbreaker since 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 deal fee, and unless you choose to sell/transfer your domain to another person it will be the additional cost related to getting your domain.