This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Vs Ethereum Name Service… These domains can not just be utilized as fully functional websites, with decentralized applications (dApps) integrated, however likewise as a payment hub address where users can get over 275 different crypto coins and tokens. By offering intricate crypto addresses a human readable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based business that is supplying 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 tied to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is simply 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 just totally decentralized so there’s no governing body there’s absolutely nothing that requires any kind of approval or permission you as the owner own your domain name so in this video i wish to describe to you whatever that you need to called a newbie about unstoppable domain make certain to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration actually work i think
individuals are going to be quite surprised that it’s way more technical and complex than you imagined 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 releasing the domain through a icann accredited domain register why do i say i can license since you can’t get your domain straight from i can which is again the nonprofit organization that manages the dns system you need to go through an icann licensed 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 don’t understand why asking me those are just the rules and that’s what people have been providing for the last few years in order to get a domain name so that’s why you need to pay a yearly fee on your domain names
technical than you thought of 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 through a icann licensed domain register why do i state i can certify since 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 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 resemble why do i have to do that i do not understand why asking me those are just the rules and that’s what people have 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 because you’re not in fact 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 system registry that manages that domain name extension which is then absolutely managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for instance so all these various domain extensions have various registries and the role of the computer system registry is just to handle the administrative information for that particular domain nft domain versus the traditional dns system what’s the difference well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have actually icann you have your domain pc registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it but like what does that specifically indicate a non-fungible token is simply a piece of information found 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 2 so if you jump 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 ought to already kind of understand why since those are managed by verisign
which is a domain name computer registry which is handled by icann that belongs to 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 today they only have a dot crypto in dot zo at the time of recording this video the primary difference is that these two 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 connected to the silica block durian blockchain is way more developed and you have a bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain name 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 function of unstoppable domain clearly with time as like we have decentralized web host develop with time it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized site presently it’s not really possible i indicate 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 gateway so what a great deal of novices i believe do not comprehend resembles 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 have to send it to a bitcoin money address therefore it gets to be a little bit of a headache of managing all these different addresses and if you wish 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 simply some method to integrate everything into something that’s a little bit more sensible easy to use and simple to keep in mind that’s the benefit 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 since when you get whatever established you just jump into your unstoppable domain names account and after that you can include your different wallets for your different cryptocurrencies.
There is only one real potential dealbreaker when it pertains to using Unstoppable Domains, which is the cost of claiming your domain with Ethereum.