This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Referral Code… These domains can not only be utilized as completely functional webpages, with decentralized applications (dApps) built-in, but also as a payment hub address where users can receive over 275 various crypto coins and tokens. By giving complex crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based company that is supplying domain name extensions that are tied to the blockchain instead of being connected 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 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 simply totally decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or permission you as the owner own your domain so in this video i wish to explain to you everything that you require to referred to as a novice about unstoppable domain names make certain to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration in fact work i believe
individuals are going to be quite surprised that it’s way more technical and complicated than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain what you’re doing is you’re launching the domain name through a icann certified domain register why do i state i can license due to the fact that you can’t get your domain directly from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann accredited domain name 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 simply the rules and that’s what people have actually been providing for the last few years in order to get a domain so that’s why you need to pay an annual fee on your domain names
technical than you thought of 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 launching the domain through a icann certified domain name register why do i state i can accredit because you can’t get your domain names directly from i can which is again the nonprofit organization that manages the dns system you need to go through an icann accredited domain name register in order to get a domain and that’s just 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 which’s what people have actually been providing for the last few years in order to get a domain so that’s why you need to pay a yearly charge on your domain since you’re not actually buying an owning domain 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 registry that handles that domain name extension which is then totally managed and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension is a verisign for instance so all these different domain name extensions have various pc registries and the function of the windows registry is simply to manage the administrative data for that particular domain nft domain versus the standard dns system what’s the difference well the conventional dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain windows registries then you have your icann licensed domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that specifically imply a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents an unique digital item in this instance our domain dot crypto versus dot zill what’s the difference with these two so if you jump 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 ought to already type of know why due to the fact that those are handled by verisign
which is a domain computer system registry which is handled by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of tape-recording this video the main 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 services and functions built around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the primary feature of unstoppable domain certainly in time as like we have actually decentralized web host establish in time it will be possible to use like a decentralized domain and a decentralized webhosting to create your own decentralized site currently it’s not truly possible i mean you can do it but it’s pretty technical uh however what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a lot of novices i believe do not comprehend is like when you have 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 need to send it to a bitcoin money address therefore it gets to be a bit of a headache of managing 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 really a headache like what if there’s just some way to combine whatever into something that’s a bit more rational easy to use and simple to keep in mind that’s the advantage of using unstoppable domain names and setting up something like dot crypto dot zill as a payment entrance due to the fact that then you can get payments and of all different types of cryptocurrency to one address because when you get everything established you simply delve into your unstoppable domain account and then you can include your different wallets for your various cryptocurrencies.
There is only one genuine possible dealbreaker when it comes to utilizing Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.