This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Ethereum Domains For Sale… These domains can not only be utilized as completely functional websites, with decentralized applications (dApps) integrated, however likewise as a payment hub address where users can get over 275 various crypto coins and tokens. By providing intricate crypto addresses a human readable name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain names is a san francisco-based business that is providing domain extensions that are connected to the blockchain instead of being tied to the dns system particularly 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 name extensions is just that they are decentralized so the dns system is controlled and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply completely 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 so in this video i want to discuss to you whatever that you need to know as a novice about unstoppable domain names make certain to examine 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 actually work i believe
people are going to be quite shocked that it’s method more technical and complex than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain what you’re doing is you’re releasing the domain name through a icann licensed domain name register why do i state i can license because you can’t get your domain straight from i can which is again the nonprofit company that manages the dns system you have to go through an icann licensed domain name register in order to get a domain name and that’s just how it works like you resemble why do i need to do that i don’t understand why asking me those are just the rules which’s what people have actually been providing for the last couple of years in order to get a domain so that’s why you require to pay a yearly cost 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 name what you’re doing is you’re releasing the domain name through a icann certified domain register why do i state i can accredit since you can’t get your domain straight from i can which is again the nonprofit organization that manages the dns system you need to go through an icann certified domain name register in order to get a domain name and that’s simply how it works like you’re like why do i need to do that i don’t understand why asking me those are simply the guidelines which’s what people have been providing for the last couple of years in order to get a domain name so that’s why you need to pay a yearly cost on your domain names because you’re not actually buying 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 computer system registry that manages that domain extension which is then absolutely managed and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension is a verisign for instance so all these various domain extensions have various computer registries and the role of the registry is simply to manage the administrative data for that particular domain nft domain versus the standard dns system what’s the difference well the conventional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain computer registries then you have your icann accredited domain name 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 indicate a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain names dot crypto versus dot zill what’s the difference 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 currently kind of understand why due to the fact that those are handled by verisign
which is a domain name computer system registry which is handled by icann that belongs to the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of recording this video the main difference 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 industrialized and you have a little bit more services and features built around uh at the ethereum blockchain with a dot crypto domain name than you do with a dot zill but functionally speaking they are the same personalized crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain names obviously in time as like we have actually decentralized web host establish with time it will be possible to use like a decentralized domain name and a decentralized web host to develop your own decentralized site presently it’s not truly possible i mean you can do it however it’s pretty technical uh however 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 do not comprehend is like when you have actually bitcoin you need 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 need to send it to a bitcoin cash address therefore it gets to be a little bit of a headache of handling all these different addresses and if you want 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 just some way to combine everything into something that’s a little bit more sensible easy to use and simple to keep in mind that’s the advantage 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 receive payments and of all different types of cryptocurrency to one address because when you get whatever established you simply jump into your unstoppable domain account and then you can include your various wallets for your different cryptocurrencies.
There is only one genuine prospective dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.