This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Polygon… These domains can not only be used as completely practical webpages, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can get over 275 different crypto coins and tokens. By providing intricate 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 supplying 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 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 name extensions is simply that they are decentralized so the dns system is controlled and operated 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 totally decentralized so there’s no governing body there’s nothing that requires any type of approval or approval you as the owner own your domain so in this video i wish to explain to you everything that you need 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 start how does domain name registration in fact work i think
individuals are going to be rather shocked that it’s method more complex and technical than you pictured 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 licensed domain register why do i state i can accredit since you can’t get your domain names straight from i can which is once again the nonprofit organization that manages the dns system you need 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 don’t know why asking me those are just the guidelines and that’s what individuals have actually been doing for the last few 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 imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re launching the domain name through a icann licensed domain register why do i state i can license because you can’t get your domain straight from i can which is once again the not-for-profit organization that handles 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 have to do that i don’t know why asking me those are simply the rules and that’s what individuals have been providing for the last couple of years in order to get a domain so that’s why you require to pay a yearly cost on your domain names because you’re not really buying an owning domain 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 system registry that handles that domain extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for example so all these various domain extensions have various computer system registries and the function of the registry is simply to handle the administrative information for that specific domain name nft domain versus the conventional dns system what’s the difference well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain computer system registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that specifically indicate a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents a distinct digital item 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 need to already sort of understand why because those are handled by verisign
which is a domain computer system registry which is handled 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 recording this video the primary distinction is that these two are connected 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 connected to the silica block durian blockchain is way more industrialized and you have a little bit more functions and services constructed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill however functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the primary feature of unstoppable domain names certainly gradually as like we have actually decentralized webhosting develop in time it will be possible to use like a decentralized domain name and a decentralized web host to produce your own decentralized site presently it’s not truly possible i suggest you can do it but it’s pretty technical uh but what’s more important is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a great deal of novices 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 cash you have 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 need to give them this address and this address and this address it’s truly a headache like what if there’s simply some way to combine whatever into something that’s a little bit more rational easy to use and simple to bear in mind that’s the advantage of using unstoppable domain and establishing something like dot crypto dot zill as a payment gateway because then you can receive payments and of all different types of cryptocurrency to one address due to the fact that when you get everything set up you just jump into your unstoppable domain names account and then you can include your various wallets for your different cryptocurrencies.
There is only one genuine possible dealbreaker when it comes to using Unstoppable Domains, which is the cost of claiming your domain with Ethereum.