This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Crypto Domain Names… These domains can not only be used as completely practical webpages, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can receive over 275 different crypto coins and tokens. By providing complicated crypto addresses a human legible name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain is a san francisco-based company that is supplying 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 connected to the ethereum blockchain or you can get a zillow domain 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 managed and operated by icann so anything constantly needs approval from that governing body but 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 requires any type of approval or consent you as the owner own your domain name so in this video i wish to explain to you everything that you require to know as a beginner about unstoppable domain make sure to check the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration actually work i think
people are going to be quite surprised that it’s way more complicated and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain what you’re doing is you’re releasing the domain name through a icann certified domain register why do i state i can accredit due to the fact that you can’t get your domain names directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann certified domain name register in order to get a domain which’s just how it works like you’re like why do i need to do that i don’t understand why asking me those are just the rules 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 fee on your domain names
technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i say i can accredit due to the fact that you can’t get your domain names directly from i can which is again the nonprofit company that handles the dns system you need to go through an icann licensed domain name register in order to get a domain name and that’s simply how it works like you resemble why do i have to do that i do not understand why asking me those are simply the rules which’s what individuals have been doing 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 really buying 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 registry that handles that domain extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension is a verisign for instance so all these various domain extensions have various pc registries and the function of the pc registry is just to manage the administrative information for that particular domain name nft domain versus the conventional 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 registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly indicate a non-fungible token is just a piece of information 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 distinction 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 must already type of understand why due to the fact that those are handled by verisign
which is a domain name computer 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 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 distinction is that these 2 are tied to various block chains that’s it so you have 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 bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same individualized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain names undoubtedly with time as like we have actually decentralized webhosting develop with time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not actually possible i indicate you can do it but it’s pretty technical uh but what’s more crucial is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a great deal of beginners i believe do not comprehend is like when you have bitcoin you have to send it to a specific bitcoin address if you have white coin you need to send that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address therefore it gets to be a little bit of a headache of handling all these various addresses and if you wish to get payment from particular people you need to give them this address and this address and this address it’s actually a headache like what if there’s simply some method to combine everything into something that’s a little bit more logical easy to use and simple to remember that’s the advantage of using unstoppable domain names and establishing something like dot crypto dot zill as a payment gateway because then you can receive payments and of all different types of cryptocurrency to one address because when you get whatever established you just delve into your unstoppable domain account and then you can add in your different wallets for your various cryptocurrencies.
Prospective Dealbreakers.
There is only one genuine prospective dealbreaker when it pertains to using Unstoppable Domains, which is the expense of claiming your domain with Ethereum.