This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Buy Crypto Domain… These domains can not just be used as completely practical web pages, with decentralized applications (dApps) integrated, but likewise as a payment hub address where users can get over 275 various crypto coins and tokens. By offering intricate crypto addresses a human understandable name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain names is a san francisco-based business that is offering domain extensions that are connected to the blockchain instead of being tied 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 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 always needs approval from that governing body however 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 requires any type of approval or authorization you as the owner own your domain so in this video i want to describe to you everything that you need to referred to as a newbie about unstoppable domain make sure to check the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration actually work i think
individuals are going to be rather shocked that it’s way more technical and complicated than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re releasing the domain 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 need to go through an icann certified domain register in order to get a domain and that’s just how it works like you resemble why do i need to do that i do not understand why asking me those are just the guidelines and that’s what individuals have been providing for the last few years in order to get a domain name so that’s why you need to pay an annual charge on your domain names
technical than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain 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 since you can’t get your domain names directly from i can which is again the not-for-profit company that handles the dns system you have to go through an icann certified domain name register in order to get a domain which’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 guidelines and that’s what people have actually been providing for the last couple of decades in order to get a domain name so that’s why you require 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 windows registry that handles that domain extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension is a verisign for instance so all these various domain name extensions have different registries and the role of the pc registry is simply to manage the administrative information for that specific domain nft domain names versus the conventional dns system what’s the distinction well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain windows registries then you have your icann licensed domain name 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 specifically mean a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a special digital product in this instance our domain dot crypto versus dot zill what’s the distinction 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 need to already sort of understand why because those are managed by verisign
which is a domain computer registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain through unstoppable domain you can only get blockchain based domain names right now they just have a dot crypto in dot zo at the time of taping this video the primary 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 tied to the silica block durian blockchain is way more developed and you have a little bit more features and services constructed 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 primary feature of unstoppable domain obviously in time as like we have actually decentralized webhosting establish with time it will be possible to utilize like a decentralized domain name and a decentralized web host to produce your own decentralized website currently it’s not actually possible i indicate you can do it however it’s pretty technical uh but what’s more important is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a great deal of newbies i believe don’t understand resembles when you have actually bitcoin you have to send it to a specific bitcoin address if you have white coin you need to send 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 little bit of a headache of handling all these different addresses and if you want to get payment from particular individuals you have to give them this address and this address and this address it’s really a headache like what if there’s just some method to combine whatever into something that’s a little bit more rational easy to use and simple to remember that’s the benefit of using unstoppable domain names and establishing something like dot crypto dot zill as a payment gateway because then you can get payments and of all various kinds of cryptocurrency to one address because when you get whatever established you simply delve into your unstoppable domain account and after that you can add in your different wallets for your various cryptocurrencies.
There is only one real prospective dealbreaker when it comes to using Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.