This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Coupons… These domains can not only be utilized as completely functional websites, with decentralized applications (dApps) built-in, however also as a payment hub address where users can get over 275 various crypto coins and tokens. By providing intricate crypto addresses a human legible name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company that is supplying domain 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 extension which is connected 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 run by icann so anything always requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are just completely 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 explain to you whatever 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 discussed in this video so let’s begin how does domain registration really work i think
people are going to be quite shocked that it’s method more technical and complicated than you envisioned 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 name register why do i say i can license due to the fact that you can’t get your domain straight from i can which is again the nonprofit company that manages the dns system you have to go through an icann licensed domain register in order to get a domain name and that’s simply how it works like you resemble why do i have 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 few decades in order to get a domain name so that’s why you need to pay an annual cost on your domain
technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain what you’re doing is you’re releasing 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 names straight 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 and that’s just 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 actually been doing for the last few decades in order to get a domain so that’s why you need to pay an annual cost on your domain names because you’re not actually 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 computer registry that handles that domain 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 example so all these different domain name extensions have different computer registries and the function of the computer system registry is just to handle the administrative data for that specific domain nft domain versus the traditional 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 actually icann you have your domain windows registries then you have your icann accredited domain name 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 particularly suggest a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a distinct digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference 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 type of know why because those are managed by verisign
which is a domain name pc 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 names you can just get blockchain based domain names right now they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these 2 are connected to various 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 functions developed 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 customized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain names undoubtedly with time as like we have decentralized web host establish with time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized website presently it’s not really possible i imply you can do it but it’s pretty technical uh but what’s more important is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a great deal of beginners i think don’t comprehend 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 money you need to send it to a bitcoin money address and so it gets to be a little bit of a headache of managing all these various 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 simply some way to integrate everything into something that’s a little bit more rational easy to use and simple to bear in mind that’s the benefit of using unstoppable domain and establishing something like dot crypto dot zill as a payment gateway because then you can get payments and of all different types of cryptocurrency to one address because when you get whatever established you just jump into your unstoppable domain account and then you can include your different wallets for your different cryptocurrencies.
There is only one genuine prospective dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.