This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domain Extension… These domains can not just be used as totally practical websites, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can receive over 275 various crypto coins and tokens. By offering complex crypto addresses a human readable name, Unstoppable Domains aims 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 tied to the dns system specifically you can get a dot crypto which is tied to the ethereum blockchain or you can get a zillow domain 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 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 simply totally 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 want to discuss to you everything that you require to know as a newbie about unstoppable domain names make sure to inspect the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration actually work i think
individuals are going to be rather stunned that it’s way more technical and complicated than you pictured 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 launching the domain name through a icann certified domain name register why do i state i can license since you can’t get your domain names straight from i can which is once again the nonprofit organization that handles 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 resemble why do i have to do that i do not know why asking me those are simply the rules which’s what people have actually been providing for the last few decades in order to get a domain name so that’s why you require to pay an annual charge on your domain
technical than you thought of 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 accredited domain register why do i say i can certify because you can’t get your domain straight from i can which is again the not-for-profit company that handles the dns system you need to go through an icann accredited domain register in order to get a domain name which’s just how it works like you’re like why do i have to do that i do not understand why asking me those are simply the guidelines which’s what individuals have actually been doing for the last couple of decades in order to get a domain so that’s why you require to pay an annual charge on your domain names since you’re not actually purchasing an owning domain name what you’re doing is leasing 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 name extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for example so all these various domain name extensions have various pc registries and the role of the computer registry is just to handle the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the difference well the traditional 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 however like what does that particularly suggest a non-fungible token is simply a piece of data 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 difference with these two so if you jump 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 currently sort of know why due to the fact that those are handled by verisign
which is a domain name windows registry which is handled by icann that belongs to 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 names today they only have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these two are tied to different 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 tied to the silica block durian blockchain is way more developed and you have a little bit more features and services built around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names undoubtedly over time as like we have actually decentralized webhosting establish gradually it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not truly possible i imply you can do it but it’s quite technical uh but what’s more vital is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a great deal of beginners i believe do not understand resembles when you have actually bitcoin you need to send it to a specific bitcoin address if you have white coin you need to send out that to a litecoin address if you have bitcoin money you have to send it to a bitcoin cash address and so it gets to be a bit of a headache of handling all these different addresses and if you want to get payment from specific people you need to give them this address and this address and this address it’s truly a headache like what if there’s simply some way to integrate whatever into something that’s a bit more logical easy to use and simple to remember that’s the benefit of using unstoppable domain names and establishing something like dot crypto dot zill as a payment gateway since then you can get payments and of all different kinds of cryptocurrency to one address since when you get everything established you simply delve into your unstoppable domain account and then you can add in your different wallets for your various cryptocurrencies.
There is only one genuine possible dealbreaker when it concerns utilizing Unstoppable Domains, which is the cost of claiming your domain with Ethereum.