Web3 Startups – By Domains Today

This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Web3 Startups… These domains can not just be used as fully functional webpages, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can get over 275 different crypto coins and tokens. By offering complicated crypto addresses a human readable name, Unstoppable Domains aims to be the domain addresses of the future.

 

unstoppable domain is a san francisco-based business that is supplying domain extensions that are tied to the blockchain instead of being tied to the dns system particularly 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 extensions is simply that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that needs any kind of approval or approval you as the owner own your domain name so in this video i want to discuss to you everything that you require to called a novice about unstoppable domain names ensure to check the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain registration actually work i believe

people are going to be quite surprised 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 actually buying the domain name what you’re doing is you’re releasing the domain through a icann accredited domain name register why do i say i can certify since you can’t get your domain names straight from i can which is again the not-for-profit company that handles the dns system you need to go through an icann accredited domain name register in order to get a domain name 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 just the rules and that’s what people have been providing for the last few decades in order to get a domain name so that’s why you require to pay an annual fee on your domain

 

technical than you pictured so when you go to somewhere 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 accredited domain register why do i state i can license because you can’t get your domain straight from i can which is again the not-for-profit organization that manages the dns system you have to go through an icann accredited domain name register in order to get a domain and that’s just how it works like you’re like why do i have to do that i do not 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 require to pay an annual fee on your domain because you’re not in fact 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 pc registry that manages that domain name extension which is then completely 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 various windows registries and the role of the windows registry is just to manage the administrative information for that specific domain nft domain names versus the traditional 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 pc registries then you have your icann accredited domain 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 particularly indicate a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents an unique digital product in this instance our domain names dot crypto versus dot zill what’s the distinction with these two 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 should currently kind of know why because those are handled by verisign

which is a domain name computer registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain names you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the main difference is that these two are tied 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 developed and you have a little bit more services and features built around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill however functionally speaking they are the same individualized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain certainly with time as like we have actually decentralized web host develop gradually it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized site presently it’s not actually possible i mean you can do it but it’s quite technical uh but what’s more crucial is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a great deal of beginners i think don’t understand resembles when you have bitcoin you need 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 cash address and so it gets to be a little bit of a headache of managing all these different addresses and if you wish to get payment from particular people you need to provide this address and this address and this address it’s really a headache like what if there’s simply some method to integrate everything into something that’s a little bit more sensible easy to use and simple to bear in mind that’s the benefit of using unstoppable domain names and setting up something like dot crypto dot zill as a payment entrance because then you can receive payments and of all various types of cryptocurrency to one address because when you get whatever set up you just delve into your unstoppable domain account and then you can add in your different wallets for your different cryptocurrencies.

Potential Dealbreakers.

There is only one real possible dealbreaker when it concerns using Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.