This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Faq… These domains can not only be utilized as totally functional webpages, with decentralized applications (dApps) integrated, however likewise as a payment hub address where users can receive over 275 different crypto coins and tokens. By offering complicated 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 company 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 tied 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 advantage of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled and run by icann so anything always needs approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or authorization you as the owner own your domain so in this video i wish to describe to you everything that you require to referred to as a novice about unstoppable domain names make certain 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 really work i believe
people are going to be rather shocked that it’s method more technical and complicated than you thought of so when you go to somewhere 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 state i can license since you can’t get your domain straight 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 resemble why do i need to do that i don’t understand why asking me those are simply the guidelines which’s what people have actually been doing for the last couple of decades in order to get a domain name so that’s why you need 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 actually buying the domain what you’re doing is you’re launching the domain name through a icann licensed domain name register why do i say i can license due to the fact that you can’t get your domain names directly from i can which is again the nonprofit company that handles the dns system you need to go through an icann licensed domain name register in order to get a domain which’s simply how it works like you’re like 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 actually been providing for the last couple of years in order to get a domain so that’s why you need to pay an annual cost on your domain because you’re not actually purchasing an owning domain 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 registry that handles that domain name 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 example so all these different domain name extensions have various registries and the role of the computer system registry is just to handle the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the difference well the conventional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that particularly imply a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a special digital product in this circumstances our domain 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 learn that you can’t geta.com.net.org why well you can’t you should currently type of know why due to the fact that those are managed by verisign
which is a domain name registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain names through unstoppable domain you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of recording this video the primary difference is that these 2 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 bit more services and features built 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 individualized crypto addresses that can be established as a payment gateway so this is the main function of unstoppable domain names undoubtedly with time as like we have decentralized web host establish in time it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized website presently it’s not truly possible i indicate you can do it however it’s quite technical uh however what’s more crucial is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a great deal of beginners i think do not comprehend is like when you have actually bitcoin you need to send it to a specific bitcoin address if you have white coin you have to send out that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address therefore it gets to be a bit of a headache of managing all these different addresses and if you want to get payment from particular people you have to give them this address and this address and this address it’s truly a headache like what if there’s simply some method to integrate everything into something that’s a bit more rational easy to use and easy to keep in mind that’s the benefit 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 kinds of cryptocurrency to one address due to the fact that when you get everything established you simply 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 real potential dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.