This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains .X… These domains can not just be utilized as fully practical webpages, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can receive over 275 different crypto coins and tokens. By offering complicated crypto addresses a human understandable 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 connected to the blockchain instead of being tied 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 connected 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 controlled and operated by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s nothing that requires any kind of approval or permission you as the owner own your domain name so in this video i want to describe to you everything that you need to called a novice about unstoppable domain ensure to check the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration really work i believe
people are going to be rather shocked that it’s way 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 certified domain register why do i say i can accredit due to the fact that you can’t get your domain directly from i can which is once again the not-for-profit organization that handles the dns system you have to go through an icann licensed domain name register in order to get a domain and that’s simply 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 which’s what people have been doing for the last couple of decades in order to get a domain so that’s why you need to pay an annual fee on your domain
technical 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 licensed domain name register why do i state i can license due to the fact that 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 licensed 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 don’t understand why asking me those are simply the guidelines which’s what people have been doing for the last few decades in order to get a domain name so that’s why you need to pay a yearly fee on your domain names since you’re not in fact purchasing an owning domain 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 extension which is then totally managed and organized by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension is a verisign for instance so all these different domain extensions have different computer registries and the function of the computer registry is just to manage the administrative data for that specific domain nft domain versus the traditional dns system what’s the distinction well the conventional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain pc registries then you have your icann accredited domain 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 mean a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a special digital item in this instance our domain 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 discover that you can’t geta.com.net.org why well you can’t you should already type of understand why due to the fact that those are managed by verisign
which is a domain name registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain names you can only get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping 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 constructed around uh at the ethereum blockchain with a dot crypto domain name than you do 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 feature of unstoppable domain certainly over time as like we have actually decentralized web host develop in time it will be possible to use like a decentralized domain name and a decentralized web host to produce your own decentralized website currently it’s not truly 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 entrance so what a lot of newbies i think do not comprehend is like when you have bitcoin you need to send it to a particular 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 cash address therefore it gets to be a little bit of a headache of handling all these different addresses and if you wish to get payment from particular people you need to provide this address and this address and this address it’s truly a headache like what if there’s just some way to combine whatever into something that’s a little bit more logical easy to use and easy to remember that’s the advantage of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance because 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 then you can add in your different wallets for your various cryptocurrencies.
There is only one genuine possible dealbreaker when it concerns utilizing Unstoppable Domains, which is the cost of declaring your domain with Ethereum.