This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Faq… These domains can not only be used as totally practical 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 giving complex 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 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 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 advantage of using these blockchain based domain name extensions is just that they are decentralized so the dns system is managed and run by icann so anything always needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that requires any kind of approval or approval you as the owner own your domain so in this video i want to describe to you whatever that you need to know as a newbie about unstoppable domain names make certain to inspect the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration in fact work i think
individuals are going to be quite shocked that it’s method more complex and technical than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain name through a icann licensed domain register why do i state i can certify since you can’t get your domain names straight from i can which is once again the not-for-profit organization that manages the dns system you have to go through an icann licensed domain register in order to get a domain which’s just how it works like you’re like why do i need to do that i don’t understand why asking me those are just the rules and that’s what individuals have been doing for the last couple of years in order to get a domain so that’s why you require to pay an annual fee on your domain
technical than you envisioned so when you go to someplace 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 register why do i state i can accredit because you can’t get your domain straight from i can which is once again the not-for-profit company that manages the dns system you have 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 just the guidelines 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 need to pay an annual fee on your domain because you’re not really buying an owning domain name 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 extension which is then completely handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for instance so all these various domain name extensions have various computer system registries and the function of the computer registry is simply to manage the administrative data for that particular domain nft domain names versus the traditional dns system what’s the distinction well the conventional dns system is a centralized system as i mentioned 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 meaning like you can’t jump in and change it however like what does that specifically indicate a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a distinct digital item 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 should currently type of understand why since those are handled by verisign
which is a domain computer system 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 just get blockchain based domain names right now they just have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these 2 are connected 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 tied to the silica block durian blockchain is way more industrialized and you have a little bit more features and services constructed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the main function of unstoppable domain names undoubtedly gradually as like we have decentralized webhosting establish gradually it will be possible to utilize like a decentralized domain name and a decentralized webhosting to produce your own decentralized site presently it’s not actually possible i imply you can do it but 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 entrance so what a lot of newbies i believe don’t comprehend is like when you have 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 cash address therefore it gets to be a bit of a headache of handling all these different addresses and if you want to get payment from specific people you need to give them this address and this address and this address it’s truly a headache like what if there’s just some method to combine everything 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 establishing something like dot crypto dot zill as a payment entrance due to the fact that then you can get payments and of all various types of cryptocurrency to one address because when you get whatever established you simply delve into your unstoppable domain account and after that you can include your various wallets for your various cryptocurrencies.
There is only one real possible dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.