This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domain Reddit… These domains can not just be utilized as fully functional web pages, with decentralized applications (dApps) integrated, however also as a payment center address where users can receive over 275 different crypto coins and tokens. By giving complex crypto addresses a human understandable name, Unstoppable Domains intends 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 particularly you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and operated by icann so anything always needs approval from that governing body but 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 nothing that requires any kind of approval or approval you as the owner own your domain so in this video i want to explain to you whatever that you require to know as a novice about unstoppable domain names make sure to inspect the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration actually work i believe
people are going to be rather shocked that it’s method more complex and technical than you imagined 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 register why do i state i can accredit due to the fact that you can’t get your domain directly from i can which is once again the nonprofit company that manages the dns system you have to go through an icann certified domain name register in order to get a domain name which’s simply how it works like you resemble why do i need to do that i do not know why asking me those are just the guidelines which’s what people have been doing for the last few years in order to get a domain name so that’s why you need to pay a yearly cost on your domain names
technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain name what you’re doing is you’re releasing the domain name through a icann accredited domain name register why do i state i can certify 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 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 individuals have actually been doing for the last few decades in order to get a domain name so that’s why you require to pay a yearly cost on your domain names since you’re not in fact 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 pc registry that manages that domain name extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension is a verisign for example so all these various domain extensions have different computer registries and the function of the computer registry is just to manage the administrative information for that specific domain nft domain names versus the conventional dns system what’s the difference well the standard dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain windows 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 alter it but like what does that specifically indicate a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct digital product in this instance our domain names 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 discover that you can’t geta.com.net.org why well you can’t you ought to currently type of understand why due to the fact that those are managed by verisign
which is a domain name registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain names you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these two are connected 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 tied to the silica block durian blockchain is way more industrialized and you have a little bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain name than you make 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 undoubtedly over time as like we have decentralized web host develop over time it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized site currently it’s not actually possible i indicate you can do it but it’s quite technical uh but what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a lot of beginners i believe do not understand resembles when you have 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 cash you need to send it to a bitcoin money 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 particular individuals you need to provide this address and this address and this address it’s truly a headache like what if there’s simply some method to integrate everything into something that’s a little bit more logical easy to use and simple to remember 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 get payments and of all different types of cryptocurrency to one address because when you get everything established you just delve into your unstoppable domain account and after that you can add in your different wallets for your different cryptocurrencies.
There is only one real possible dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.