This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Zilliqa Domain… These domains can not just be utilized as completely practical web pages, with decentralized applications (dApps) integrated, however also as a payment hub address where users can receive over 275 various crypto coins and tokens. By giving intricate crypto addresses a human legible 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 specifically 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 name extensions is simply that they are decentralized so the dns system is controlled and run 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 consent you as the owner own your domain name so in this video i want to discuss to you everything that you require to referred to as a novice 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 start how does domain registration really work i think
people are going to be rather stunned that it’s method more technical and complicated than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain name through a icann licensed domain name register why do i state i can certify because you can’t get your domain names directly from i can which is once again the not-for-profit organization that manages the dns system you have to go through an icann licensed domain register in order to get a domain and that’s simply how it works like you’re like why do i need to do that i don’t know why asking me those are just the rules which’s what individuals have actually been providing for the last few years in order to get a domain name so that’s why you require to pay an annual fee on your domain
technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain through a icann licensed domain name register why do i state i can accredit because you can’t get your domain names directly from i can which is again the nonprofit organization 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 have to do that i don’t understand why asking me those are simply the guidelines and that’s what people have been providing for the last few decades in order to get a domain so that’s why you require to pay a yearly charge on your domain names since you’re not actually buying an owning domain name what you’re doing is leasing their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the windows registry that handles that domain name extension which is then totally handled 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 example so all these various domain extensions have various computer registries and the function of the registry is just to handle the administrative information for that specific domain nft domain names versus the conventional dns system what’s the difference well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain pc registries then you have your icann certified domain 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 indicate a non-fungible token is just 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 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 should currently type of know why because those are managed by verisign
which is a domain name pc registry which is managed by icann that belongs to the dns system that’s why you can’t get those kinds of domain names 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 difference is that these two are connected 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 bit more features and services constructed around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain clearly over time as like we have actually decentralized webhosting establish gradually it will be possible to use like a decentralized domain name and a decentralized web host to produce your own decentralized site presently it’s not really possible i imply you can do it however it’s quite 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 think don’t comprehend 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 money you need to send it to a bitcoin cash 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 give them this address and this address and this address it’s actually a headache like what if there’s just some method to combine whatever into something that’s a bit more logical easy to use and easy to keep in mind that’s the benefit of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance due to the fact that then you can get payments and of all various types of cryptocurrency to one address because when you get whatever set up you simply jump into your unstoppable domain account and after that you can add in your various wallets for your different cryptocurrencies.
There is only one real potential dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.