This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Animals… These domains can not just be used as totally practical web pages, with decentralized applications (dApps) built-in, but likewise as a payment hub address where users can receive over 275 various crypto coins and tokens. By offering complex 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 offering domain extensions that are tied 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 connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just completely decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain name so in this video i want to describe to you whatever that you require to referred to as a newbie about unstoppable domain names ensure to examine the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration actually work i believe
individuals are going to be quite surprised that it’s method more technical and complex than you thought of so when you go to somewhere 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 accredited domain name register why do i say i can accredit due to the fact that you can’t get your domain directly from i can which is once again the nonprofit company that handles the dns system you have to go through an icann accredited 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 don’t understand why asking me those are simply the rules which’s what individuals have been doing for the last couple of decades in order to get a domain name so that’s why you require to pay an annual charge on your domain
technical than you imagined 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 launching the domain name 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 straight from i can which is once again the not-for-profit organization that handles the dns system you have to go through an icann licensed domain register in order to get a domain name which’s just 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 which’s what people have actually been providing for the last few decades in order to get a domain name so that’s why you need to pay an annual fee on your domain names due to the fact that you’re not actually buying an owning domain name what you’re doing is renting 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 manages that domain name extension which is then completely 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 instance so all these various domain extensions have different registries and the role of the windows registry is simply to manage the administrative data for that particular domain nft domain versus the conventional 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 windows registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly suggest a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents an unique digital product in this circumstances 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 find out that you can’t geta.com.net.org why well you can’t you need to already sort of know why due to the fact that those are managed by verisign
which is a domain name computer registry which is handled by icann that becomes 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 names right now they just have a dot crypto in dot zo at the time of taping this video the primary distinction is that these two are tied to different 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 connected to the silica block durian blockchain is way more industrialized and you have a little bit more features and services 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 personalized crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain names certainly with time as like we have decentralized web host establish gradually it will be possible to utilize like a decentralized domain and a decentralized webhosting to produce your own decentralized site currently it’s not truly possible i imply you can do it but it’s pretty technical uh but what’s more vital is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a lot of novices i think don’t understand 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 that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address and so it gets to be a bit of a headache of handling all these different addresses and if you wish to get payment from specific people you have to give them this address and this address and this address it’s actually a headache like what if there’s just some way 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 and establishing something like dot crypto dot zill as a payment entrance since then you can get payments and of all different types of cryptocurrency to one address due to the fact that when you get whatever established you just delve into your unstoppable domain names account and then you can add in your different wallets for your various cryptocurrencies.
There is only one real possible dealbreaker when it comes to utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.