This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Fees… These domains can not just be utilized as fully practical webpages, with decentralized applications (dApps) built-in, but likewise as a payment hub address where users can get over 275 different crypto coins and tokens. By providing intricate 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 tied to the blockchain instead of being tied 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 benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or authorization you as the owner own your domain so in this video i want to explain to you whatever that you need to called a newbie about unstoppable domain make sure to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration really work i believe
individuals are going to be quite surprised that it’s method more complicated and technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re releasing the domain through a icann certified domain name register why do i state i can certify since you can’t get your domain names straight from i can which is again the not-for-profit organization that manages the dns system you have to go through an icann certified domain register in order to get a domain which’s simply how it works like you resemble why do i have to do that i don’t know why asking me those are simply the rules and that’s what people have been doing for the last few years in order to get a domain so that’s why you require to pay an annual fee on your domain
technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not really 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 accredit due to the fact that you can’t get your domain names straight from i can which is once again the nonprofit organization that manages the dns system you need to go through an icann licensed domain name register in order to get a domain which’s just how it works like you resemble why do i have to do that i don’t understand why asking me those are just the guidelines 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 require to pay an annual cost on your domain since you’re not really 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 extension which is then completely 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 different domain extensions have various computer system registries and the function of the pc registry is simply to handle the administrative information for that specific domain name nft domain names versus the standard dns system what’s the distinction 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 computer 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 alter it but like what does that specifically suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a distinct digital item in this instance our domain 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 know why because those are handled by verisign
which is a domain registry which is handled 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 only get blockchain based domain names right now they only have a dot crypto in dot zo at the time of taping this video the primary distinction is that these 2 are connected to different block chains that’s it so you have 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 little bit more functions and services built 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 tailored crypto addresses that can be set up as a payment gateway so this is the primary feature of unstoppable domain names undoubtedly over time as like we have decentralized webhosting establish in time it will be possible to use like a decentralized domain and a decentralized web host to produce your own decentralized website presently it’s not truly possible i mean you can do it however it’s quite technical uh but what’s more important is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a lot of novices i think do not comprehend resembles when you have actually bitcoin you have to send it to a particular bitcoin address if you have white coin you have to send that to a litecoin address if you have bitcoin cash you have to send it to a bitcoin money address and so it gets to be a little bit of a headache of handling all these various addresses and if you want to get payment from specific people you have to give them this address and this address and this address it’s truly a headache like what if there’s just some method to integrate whatever into something that’s a little bit more logical easy to use and simple to remember that’s the benefit of using unstoppable domain names and setting up something like dot crypto dot zill as a payment entrance due to the fact that then you can get payments and of all various types of cryptocurrency to one address due to the fact that when you get everything established you just jump into your unstoppable domain account and after that you can include your different wallets for your various cryptocurrencies.
There is only one real prospective dealbreaker when it concerns using Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.