This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Is Unstoppabledomains…These domains can not just be used as totally practical web pages, with decentralized applications (dApps) integrated, however likewise as a payment hub address where users can receive over 275 various crypto coins and tokens. By offering complicated crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company 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 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 constantly requires approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just completely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or permission you as the owner own your domain so in this video i wish to discuss to you everything that you need to called a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration actually work i believe
people are going to be rather stunned 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 in fact purchasing the domain what you’re doing is you’re launching the domain name through a icann licensed domain register why do i say i can certify since you can’t get your domain names directly from i can which is again the not-for-profit organization that manages the dns system you need to go through an icann certified domain name 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 do not know why asking me those are simply the guidelines and that’s what individuals have actually been providing for the last few years in order to get a domain so that’s why you need to pay an annual charge on your domain names since you’re not really 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 pc registry that manages that domain extension which is then absolutely managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension
Is unstoppable domains on Ethereum? Is Unstoppabledomains
is a verisign for instance so all these different domain extensions have different computer registries and the role of the computer system registry is just to handle the administrative information for that particular domain name nft domain versus the standard dns system what’s the distinction well the standard dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain computer system registries then you have your icann licensed 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 specifically imply a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain 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 find out that you can’t geta.com.net.org why well you can’t you need to currently type of know why because those are managed by verisign which is a domain name 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 you can only get blockchain based domain today they just have a dot crypto in dot zo at the time of tape-recording this video the primary distinction is that these two are tied to different block chains that’s it so you have Is Unstoppabledomains
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 industrialized and you have a bit more features and services constructed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill however functionally speaking they are the same individualized crypto addresses that can be set up as a payment entrance so this is the main function of unstoppable domain names undoubtedly in time as like we have decentralized webhosting establish over time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not actually possible i mean you can do it however it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which individuals communicate with crypto addresses.
Censor resistant domain saved in your wallet.
More performance than conventional domains.
Supports 276 crypto properties.
Need to spend ETH to claim domain.
Still some question as to whether Unstoppable Domains will achieve widespread 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 requirement for it to be easier for users to communicate with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered location, so users did not need to discover IP addresses in order to get to sites, except for crypto addresses.
In this way they have been successful significantly, as they have created a domain system that enables users to establish payments for 276 digital assets under a single domain name, while also being able to be used as a totally working website that can even have actually dApps developed onto them because the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe since once claimed the domains exist under your address on blockchain, implying they are as protected as the blockchain itself.
It is two times as safe since this also suggests that the domain can not be obstructed by anyone other than you, so your site is never at risk of being down due to censorship. The site for acquiring the domains is safe also and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a two main factors, though it ought to be noted that acquiring a domain is a one-time cost and requires no annual renewals of any sort.
The first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as expense is based on domain type (. crypto is more than.wallet for example), and the length of the domain, with much shorter domains costing extra. In addition, there are exceptional domains that cost 10s of thousands.
The next factor is the gas fees associated with utilizing the Ethereum blockchain to declare your domain, due to the fact that the domains are kept on the Ethereum blockchain, the deal to declare them is available in ETH and is not included in your initial purchase. The gas costs you will pay will depend upon the current cost of ETH and the network congestion 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 couple of features of Unstoppable Domains that stick out. The reality that it is a one-time purchase without any annual renewal is very enticing considering the way standard domain ownership works, and in addition, the domain is censor resistant, implying it can not be removed by anyone besides the owner.
The domains likewise have more performance than standard domains because they can be used to a payment router, however also used to create sites with dApps developed directly on them since they exist on the blockchain, allowing the use of wise contracts on your website. Is Unstoppabledomains
Maybe the best and most appealing function of Unstoppable Domains is that is offers you a method to have one address for you to get 276 different crypto properties, meaning 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 only for you, but for anyone who you wish to get funds from.
There is only one genuine potential dealbreaker when it pertains to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.
This may just be a dealbreaker because you do not have any Ethereum at your address and need to buy some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas charges. This is a one-time transaction charge, and unless you decide to sell/transfer your domain to somebody else it will be the extra charge associated with getting your domain.