This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Air Drop… These domains can not just be used as completely functional websites, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can receive over 275 various crypto coins and tokens. By providing complex crypto addresses a human legible name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain is a san francisco-based business that is supplying domain name extensions that are connected 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 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 just that they are decentralized so the dns system is controlled and operated 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 needs any type of approval or consent you as the owner own your domain so in this video i want to describe to you everything that you require to called a novice 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 in fact work i think
people are going to be quite surprised that it’s way more complex and technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re releasing the domain through a icann accredited domain name register why do i state i can license since you can’t get your domain directly from i can which is again the nonprofit company that manages the dns system you need to go through an icann licensed domain name register in order to get a domain which’s just how it works like you resemble why do i need to do that i do not know why asking me those are simply the guidelines and that’s what people have actually been providing for the last couple of years in order to get a domain name so that’s why you require to pay an annual charge on your domain names
technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re launching the domain name through a icann licensed domain name register why do i state i can accredit due to the fact that you can’t get your domain names directly from i can which is once again the not-for-profit company that manages the dns system you need to go through an icann accredited domain name register in order to get a domain name which’s simply how it works like you’re like why do i have to do that i don’t know why asking me those are simply the guidelines 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 need to pay an annual charge on your domain names due to the fact that 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 windows registry that handles that domain name extension which is then absolutely 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 example so all these various domain name extensions have various registries and the role of the computer registry is just to handle the administrative data for that particular domain nft domain names versus the conventional dns system what’s the difference well the traditional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer 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 suggest a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents a distinct digital product in this instance our domain names 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 discover that you can’t geta.com.net.org why well you can’t you must already type of know why due to the fact that those are managed by verisign
which is a domain pc registry which is handled by icann that’s 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 today they only have a dot crypto in dot zo at the time of 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 connected 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 name than you make with a dot zill but functionally speaking they are the same individualized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain certainly over time as like we have actually decentralized webhosting establish in time it will be possible to use like a decentralized domain and a decentralized web host to produce your own decentralized site presently it’s not really possible i mean you can do it however it’s quite technical uh but 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 beginners i think don’t understand is like when you have bitcoin you need 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 and so it gets to be a bit of a headache of managing all these various addresses and if you wish to get payment from specific individuals 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 integrate everything into something that’s a bit more logical easy to use and easy 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 because then you can receive payments and of all various kinds of cryptocurrency to one address since when you get whatever set up you just jump into your unstoppable domain account and then you can include your different wallets for your various cryptocurrencies.
There is only one real possible dealbreaker when it comes to utilizing Unstoppable Domains, which is the expense of claiming your domain with Ethereum.