This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. What Is Unstoppable Domains… These domains can not only be used as totally functional web pages, with decentralized applications (dApps) integrated, but also as a payment center address where users can get over 275 various crypto coins and tokens. By providing complex crypto addresses a human understandable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based business that is offering domain name extensions that are connected 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 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 managed and run by icann so anything constantly requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or permission you as the owner own your domain so in this video i wish to describe to you whatever that you require to know as a newbie about unstoppable domain make sure to inspect the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration actually work i believe
individuals are going to be quite stunned that it’s method more technical and complicated than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i say i can certify because you can’t get your domain straight from i can which is again the nonprofit company that handles the dns system you have to go through an icann accredited domain register in order to get a domain name and that’s simply how it works like you resemble why do i need to do that i don’t understand why asking me those are just the guidelines and that’s what people have been doing for the last couple of years in order to get a domain so that’s why you need to pay a yearly charge on your domain names
technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re releasing the domain through a icann certified domain name register why do i say i can accredit because 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 licensed domain 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 know why asking me those are simply the rules which’s what individuals have actually been providing for the last couple of decades in order to get a domain so that’s why you need to pay a yearly charge on your domain names since you’re not in fact 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 computer registry that manages that domain name extension which is then absolutely handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for instance so all these various domain extensions have different windows registries and the function of the computer system registry is just to handle the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the distinction well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain computer system registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that specifically imply a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital item in this instance our domain dot crypto versus dot zill what’s the difference with these 2 so if you leap 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 understand why because those are handled by verisign
which is a domain pc registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain you can only get blockchain based domain names today they just have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these two are tied to various 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 connected to the silica block durian blockchain is way more developed and you have a bit more services and functions built around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill however functionally speaking they are the same customized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names clearly gradually as like we have decentralized web host develop in time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized website presently it’s not really possible i indicate you can do it however it’s pretty 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 gateway so what a lot of beginners i believe don’t comprehend is like when you have actually bitcoin you have to send it to a particular bitcoin address if you have white coin you have to send out that to a litecoin address if you have bitcoin cash you have to send it to a bitcoin money address therefore it gets to be a bit of a headache of handling all these different addresses and if you want to get payment from particular individuals you need to provide this address and this address and this address it’s really a headache like what if there’s just some method to integrate whatever into something that’s a little bit more sensible easy to use and easy to keep in mind that’s the benefit of using unstoppable domain and establishing something like dot crypto dot zill as a payment gateway due to the fact that then you can get payments and of all different kinds of cryptocurrency to one address because when you get everything established you simply delve into your unstoppable domain account and then you can add in your various wallets for your various cryptocurrencies.
There is only one real potential dealbreaker when it concerns using Unstoppable Domains, which is the cost of declaring your domain with Ethereum.