This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppabe… These domains can not only be utilized as totally functional websites, with decentralized applications (dApps) built-in, but also as a payment center address where users can get over 275 various crypto coins and tokens. By offering intricate 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 supplying domain extensions that are connected to the blockchain instead of being connected 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 simply that they are decentralized so the dns system is managed and run by icann so anything constantly requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just 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 wish to describe to you whatever that you require to called a beginner about unstoppable domain ensure to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration actually work i believe
people are going to be quite surprised that it’s method more technical and complicated than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re launching 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 names directly from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann certified domain register in order to get a domain and that’s simply how it works like you resemble why do i need to do that i don’t know why asking me those are simply the rules and that’s what people have been doing for the last few years in order to get a domain so that’s why you require to pay an annual cost on your domain
technical than you envisioned 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 licensed domain register why do i state i can certify due to the fact that you can’t get your domain straight from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann certified domain register in order to get a domain name which’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 rules which’s what people have actually been doing for the last few decades in order to get a domain name so that’s why you need to pay a yearly charge on your domain names because you’re not in fact buying an owning domain name what you’re doing is renting 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 registry that manages that domain extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for instance so all these different domain name extensions have different pc registries and the function of the pc registry is simply to manage the administrative information for that particular domain nft domain names versus the traditional dns system what’s the difference well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain computer system registries then you have your icann licensed domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it however like what does that particularly indicate a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents an unique digital product in this instance our domain 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 learn that you can’t geta.com.net.org why well you can’t you must already type of understand why since those are handled by verisign
which is a domain name 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 only get blockchain based domain today they only have a dot crypto in dot zo at the time of taping this video the primary difference is that these two are connected 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 industrialized and you have a bit more functions and services constructed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same customized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names undoubtedly in time as like we have actually decentralized webhosting develop in time it will be possible to use like a decentralized domain and a decentralized web host to develop your own decentralized website presently it’s not really possible i mean you can do it however 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 novices i think don’t comprehend is like when you have bitcoin you need to send it to a particular bitcoin address if you have white coin you need to send that to a litecoin address if you have bitcoin money you have to send it to a bitcoin cash 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 specific individuals 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 combine whatever into something that’s a bit more rational easy to use and simple to remember that’s the benefit of using unstoppable domain and establishing something like dot crypto dot zill as a payment entrance because then you can get payments and of all various types of cryptocurrency to one address due to the fact that when you get whatever set up you just delve into your unstoppable domain names account and then you can include your various wallets for your various cryptocurrencies.
There is only one genuine prospective dealbreaker when it pertains to utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.