This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Coin Price… These domains can not just be used as completely practical web pages, with decentralized applications (dApps) built-in, however likewise as a payment hub address where users can receive over 275 different crypto coins and tokens. By giving complicated crypto addresses a human readable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain names is a san francisco-based business that is providing 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 connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled and operated by icann so anything constantly requires 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 absolutely nothing that needs any type of approval or approval you as the owner own your domain name so in this video i want to explain to you everything that you require to know as a beginner about unstoppable domain names ensure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration really work i think
individuals are going to be rather shocked that it’s method more technical and complex 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 launching the domain through a icann certified domain register why do i say i can accredit due to the fact that you can’t get your domain directly from i can which is again the not-for-profit company that handles the dns system you have to go through an icann licensed domain name register in order to get a domain name and that’s simply 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 guidelines and that’s what individuals have been providing for the last few decades in order to get a domain so that’s why you require to pay a yearly cost on your domain names
technical than you imagined 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 launching the domain name through a icann accredited domain register why do i state i can accredit due to the fact that you can’t get your domain names straight from i can which is again the nonprofit organization that handles the dns system you need to go through an icann licensed domain name register in order to get a domain name which’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 just the rules which’s what people have actually been providing for the last few years in order to get a domain so that’s why you need to pay an annual charge on your domain due to the fact that you’re not actually 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 computer registry that handles that domain extension which is then absolutely handled and organized by icann broadly speaking so like when you get it.com.net.org the registry for that extension is a verisign for instance so all these various domain extensions have various pc registries and the function of the computer system registry is just to handle the administrative information for that specific domain nft domain versus the traditional dns system what’s the distinction 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 registries then you have your icann accredited domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it however like what does that specifically suggest a non-fungible token is just a piece of information 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 two so if you leap 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 ought to already type of understand why since those are managed by verisign
which is a domain name 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 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 two are tied to various 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 connected to the silica block durian blockchain is way more industrialized and you have a little bit more features and services constructed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill but functionally speaking they are the same customized crypto addresses that can be set up as a payment gateway so this is the primary function of unstoppable domain certainly with time as like we have actually decentralized web host establish with time it will be possible to use like a decentralized domain and a decentralized webhosting to create your own decentralized website presently it’s not really possible i indicate you can do it but 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 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 out that to a litecoin address if you have bitcoin money you need to send it to a bitcoin money address therefore it gets to be a bit of a headache of managing all these various 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 really a headache like what if there’s simply some way to integrate everything into something that’s a little bit more logical easy to use and easy to remember that’s the advantage of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance since 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 names account and after that you can add in your different wallets for your various cryptocurrencies.
There is only one genuine possible dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.