This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Unstoppable Domain Review… These domains can not only be utilized as totally practical webpages, with decentralized applications (dApps) integrated, however also as a payment hub address where users can get 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 business that is offering domain extensions that are connected to the blockchain instead of being tied to the dns system specifically you can get a dot crypto which is tied to the ethereum blockchain or you can get a zillow domain name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is just that they are decentralized so the dns system is managed and operated 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 just totally decentralized so there’s no governing body there’s nothing that needs any kind 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 need to know as a beginner about unstoppable domain make certain to inspect the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain name registration in fact work i think
people are going to be rather shocked that it’s method more complicated and technical than you envisioned so when you go to somewhere 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 name through a icann certified domain register why do i say i can accredit due to the fact that you can’t get your domain names 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 name register in order to get a domain and that’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are simply the guidelines and that’s what people have 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 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 launching the domain through a icann licensed domain name register why do i say i can certify because you can’t get your domain directly from i can which is once again the not-for-profit organization that handles the dns system you need to go through an icann licensed domain name 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 just the rules and that’s what individuals have actually been doing 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 names since you’re not actually purchasing 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 computer system registry that handles that domain extension which is then totally managed and organized 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 just to handle the administrative data for that specific domain name nft domain versus the conventional dns system what’s the distinction 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 registries then you have your icann licensed 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 mean a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital product in this instance our domain names dot crypto versus dot zill what’s the distinction with these two so if you jump over to unstoppabledomainnames.com link in the description you’re going to discover that you can’t geta.com.net.org why well you can’t you must currently kind of understand why due to the fact that those are handled by verisign
which is a domain computer registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can only get blockchain based domain right now 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 tied 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 developed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill however functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the main function of unstoppable domain undoubtedly in time as like we have actually decentralized web host develop in time it will be possible to use like a decentralized domain and a decentralized web host to produce your own decentralized site presently it’s not truly possible i suggest 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 newbies i believe do not understand resembles when you have actually bitcoin you have to send it to a particular bitcoin address if you have white coin you have to send that to a litecoin address if you have bitcoin money you need to send it to a bitcoin money address and so it gets to be a little bit of a headache of managing all these various 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 really a headache like what if there’s simply some way to combine everything into something that’s a bit more sensible easy to use and easy to keep in mind that’s the benefit of using unstoppable domain and establishing something like dot crypto dot zill as a payment gateway due to the fact that then you can get payments and of all different types of cryptocurrency to one address because when you get whatever set up you just delve into your unstoppable domain names account and after that you can add in your various wallets for your various cryptocurrencies.
There is only one real prospective dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of claiming your domain with Ethereum.