This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Extension… These domains can not just be used as fully practical websites, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can get over 275 various crypto coins and tokens. By providing complex crypto addresses a human understandable 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 name extensions that are connected 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 extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain extensions is just that they are decentralized so the dns system is controlled and run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or approval you as the owner own your domain so in this video i wish to describe to you whatever that you require to referred to as a beginner about unstoppable domain names make certain to examine the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration actually work i believe
individuals are going to be quite shocked that it’s way more technical and complex than you imagined 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 launching the domain through a icann certified domain name register why do i say i can certify due to the fact that you can’t get your domain names directly from i can which is again the not-for-profit company that manages the dns system you need 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’re like why do i need to do that i do not know why asking me those are simply the guidelines which’s what people have been providing for the last few years in order to get a domain so that’s why you need to pay a yearly charge on your domain names
technical than you imagined 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 launching 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 again the nonprofit company that manages the dns system you need to go through an icann accredited domain 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 don’t understand why asking me those are simply the rules and that’s what individuals have actually been doing for the last couple of decades in order to get a domain so that’s why you require to pay an annual fee on your domain due to the fact that you’re not really buying an owning domain 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 computer registry that handles that domain extension which is then absolutely managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for example so all these various domain extensions have various registries and the function of the pc registry is just to handle the administrative data for that particular domain name nft domain versus the standard 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 computer 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 but like what does that particularly indicate a non-fungible token is simply 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 distinction 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 sort of know why since those are handled by verisign
which is a domain pc registry which is handled by icann that’s part of 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 recording this video the main distinction is that these 2 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 functions and services constructed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however 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 obviously in time as like we have decentralized webhosting develop over time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not really possible i suggest 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 great deal of newbies i think don’t comprehend is like when you have bitcoin you need to send it to a specific bitcoin address if you have white coin you have to send 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 bit of a headache of handling all these various 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 really a headache like what if there’s simply some method to integrate whatever into something that’s a little bit more rational easy to use and easy to keep in mind that’s the advantage of using unstoppable domain and setting up something like dot crypto dot zill as a payment entrance due to the fact that then you can receive payments and of all various types of cryptocurrency to one address due to the fact that when you get everything set up you just jump into your unstoppable domain account and then you can include your various wallets for your various cryptocurrencies.
There is only one real prospective dealbreaker when it comes to using Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.