This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Buy Domain Name With Bitcoin… These domains can not only be used as totally functional web pages, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can receive over 275 different crypto coins and tokens. By providing complicated crypto addresses a human readable name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain names 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 connected to the ethereum blockchain or you can get a zillow domain 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 controlled and operated 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 simply completely decentralized so there’s no governing body there’s nothing that requires any type of approval or approval you as the owner own your domain name so in this video i want to discuss to you everything that you need to referred to as a novice about unstoppable domain names make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration actually work i believe
people are going to be rather surprised that it’s way more complex and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re launching the domain name through a icann accredited domain register why do i state i can accredit because you can’t get your domain names directly from i can which is again the not-for-profit company that handles the dns system you need to go through an icann accredited domain name register in order to get a domain name and that’s simply 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 been providing for the last couple of decades in order to get a domain name so that’s why you require to pay an annual cost on your domain
technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re launching the domain name through a icann accredited domain name 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 again the nonprofit organization that handles the dns system you have to go through an icann accredited domain name register in order to get a domain name which’s just how it works like you’re like why do i need to do that i do not understand why asking me those are just the rules which’s what people have actually been doing 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 due to the fact that you’re not actually buying 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 completely 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 instance so all these various domain extensions have different pc registries and the function of the computer registry is simply to handle the administrative information for that specific domain name nft domain versus the standard 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 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 meaning like you can’t jump in and change it but like what does that particularly mean 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 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 need to currently type of know why since those are managed 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 kinds of domain names through unstoppable domain names you can just get blockchain based domain 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 connected to the ethereum blockchain you have your dot zill which is tied to the silica block durian blockchain is way more developed and you have a bit more services and features constructed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the main function of unstoppable domain undoubtedly gradually as like we have decentralized webhosting develop over time it will be possible to utilize like a decentralized domain and a decentralized web host to develop your own decentralized site currently it’s not actually possible i indicate you can do it but it’s quite technical uh however what’s more vital 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 newbies i believe do not understand is like when you have actually 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 cash you have to send it to a bitcoin money 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 provide this address and this address and this address it’s truly a headache like what if there’s simply some method to integrate whatever into something that’s a little bit more rational easy to use and easy to bear in mind that’s the advantage of using unstoppable domain names and establishing something like dot crypto dot zill as a payment gateway since then you can get payments and of all various types of cryptocurrency to one address due to the fact that when you get everything set up you just jump into your unstoppable domain names account and then you can include your various wallets for your different cryptocurrencies.
There is only one genuine potential dealbreaker when it comes to using Unstoppable Domains, and that is the expense of claiming your domain with Ethereum.