This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Office… These domains can not just be utilized as totally functional webpages, with decentralized applications (dApps) integrated, however also as a payment hub address where users can receive over 275 different crypto coins and tokens. By providing complicated crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based business that is providing domain name extensions that are tied to the blockchain instead of being connected 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 extensions is just that they are decentralized so the dns system is managed and run by icann so anything constantly requires approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s nothing that needs any kind of approval or authorization you as the owner own your domain name so in this video i wish to describe to you everything that you require to know as a beginner about unstoppable domain make sure to examine the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration really work i believe
people are going to be rather surprised 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 actually buying the domain what you’re doing is you’re launching the domain through a icann certified domain name 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 company that handles the dns system you have to go through an icann certified 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 understand why asking me those are simply the rules and that’s what people have been doing for the last couple of decades in order to get a domain name so that’s why you need to pay a yearly cost on your domain names
technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain what you’re doing is you’re launching the domain through a icann certified domain name register why do i state i can license because you can’t get your domain straight from i can which is once again the nonprofit company that handles the dns system you have to go through an icann certified 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 don’t understand why asking me those are just the rules which’s what people have actually been providing 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 purchasing 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 pc registry that manages that domain name extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for example so all these various domain extensions have different pc registries and the function of the pc registry is simply to handle the administrative data for that particular domain nft domain versus the traditional dns system what’s the difference well the standard dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain computer registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it but like what does that particularly indicate a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents an unique digital item in this circumstances our domain names 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 discover that you can’t geta.com.net.org why well you can’t you ought to currently type of know why since those are handled by verisign
which is a domain name pc registry which is managed by icann that’s part of the dns system that’s why you can’t get those types of domain names through unstoppable domain you can only get blockchain based domain today they just have a dot crypto in dot zo at the time of taping this video the main difference 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 tied to the silica block durian blockchain is way more industrialized and you have a bit more features and services built around uh at the ethereum blockchain with a dot crypto domain name than you finish 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 undoubtedly over time as like we have decentralized webhosting develop with time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to create your own decentralized site currently it’s not actually possible i imply you can do it but it’s quite 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 lot of novices i believe do not 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 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 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 method to combine whatever into something that’s a little bit more sensible easy to use and simple to remember that’s the benefit of using unstoppable domain 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 whatever established you just jump into your unstoppable domain names account and after that you can include your various wallets for your various cryptocurrencies.
There is only one real potential dealbreaker when it comes to utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.