This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Price… These domains can not just be used as totally functional websites, with decentralized applications (dApps) integrated, however also as a payment hub address where users can get over 275 various crypto coins and tokens. By providing 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 providing domain extensions that are connected to the blockchain instead of being connected 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is just 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 just totally decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain name so in this video i want to discuss to you whatever that you need to referred to as a beginner about unstoppable domain names make sure 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 name registration really work i believe
people are going to be rather stunned that it’s method more complex and technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain name through a icann licensed domain register why do i say i can license since you can’t get your domain names straight from i can which is again the nonprofit organization that handles the dns system you have to go through an icann certified domain name register in order to get a domain and that’s just how it works like you’re like why do i need to do that i do not understand why asking me those are simply the rules and that’s what people have been doing for the last few decades in order to get a domain so that’s why you need to pay a yearly cost on your domain names
technical than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re launching the domain through a icann licensed domain name register why do i state i can license due to the fact that you can’t get your domain straight from i can which is again the nonprofit company that handles the dns system you need to go through an icann licensed domain register in order to get a domain name and that’s just how it works like you’re like why do i have to do that i don’t know why asking me those are just the rules and that’s what individuals have been doing for the last few decades in order to get a domain name so that’s why you need to pay an annual cost on your domain because you’re not really buying 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 windows registry that manages that domain extension which is then totally handled and arranged 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 different domain extensions have various computer registries and the function of the windows registry is simply to handle the administrative information for that particular domain name nft domain versus the traditional dns system what’s the difference well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it but like what does that specifically 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 circumstances our domain names dot crypto versus dot zill what’s the distinction with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to discover that you can’t geta.com.net.org why well you can’t you ought to already sort of understand why since those are handled by verisign
which is a domain name registry which is handled 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 just get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the main difference is that these 2 are connected 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 industrialized and you have a little bit more services and features built around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the primary function of unstoppable domain clearly gradually as like we have actually decentralized webhosting develop over time it will be possible to utilize like a decentralized domain and a decentralized web host to develop your own decentralized site presently it’s not really possible i suggest you can do it however it’s pretty technical uh but what’s more important is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a lot of newbies i believe do not understand resembles when you have 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 money you need to send it to a bitcoin cash address therefore it gets to be a bit of a headache of handling all these various addresses and if you want to get payment from specific individuals you have to give them this address and this address and this address it’s actually a headache like what if there’s just some way to integrate whatever into something that’s a bit more logical easy to use and simple to keep in mind that’s the benefit of using unstoppable domain names and setting up something like dot crypto dot zill as a payment gateway due to the fact that then you can get payments and of all various kinds of cryptocurrency to one address since when you get whatever set up you simply delve into your unstoppable domain names account and after that you can include your different wallets for your different cryptocurrencies.
There is only one genuine possible dealbreaker when it comes to using Unstoppable Domains, which is the expense of claiming your domain with Ethereum.