This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Buy .Eth Domains… These domains can not only be used as completely practical websites, with decentralized applications (dApps) integrated, however also as a payment center address where users can receive over 275 different crypto coins and tokens. By giving intricate 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 extensions that are connected 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 just that they are decentralized so the dns system is controlled and operated 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 just totally decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or consent you as the owner own your domain name so in this video i want to describe to you everything that you require to called a newbie about unstoppable domain ensure to examine the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration really work i believe
people are going to be quite shocked that it’s way more technical and complex than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i say i can accredit 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 accredited domain register in order to get a domain which’s simply how it works like you resemble why do i need to do that i do not know why asking me those are just the guidelines which’s what individuals have been providing for the last few decades in order to get a domain so that’s why you need to pay an annual fee on your domain names
technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain through a icann licensed domain register why do i state i can license since you can’t get your domain names straight from i can which is once again the nonprofit organization 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 just how it works like you’re like why do i need to do that i do not understand why asking me those are simply the guidelines which’s what people have been doing for the last couple of years in order to get a domain name so that’s why you need to pay a yearly cost on your domain names since you’re not actually buying an owning domain 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 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 pc registry for that extension is a verisign for instance so all these different domain name extensions have various windows registries and the function of the windows registry is simply to manage the administrative data for that particular domain name nft domain names versus the traditional dns system what’s the distinction well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain pc registries then you have your icann certified 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 just a piece of data discovered 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 learn that you can’t geta.com.net.org why well you can’t you ought to already kind of know why due to the fact that those are managed by verisign
which is a domain windows registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain through unstoppable domain names you can only get blockchain based domain right now they only have a dot crypto in dot zo at the time of tape-recording this video the main difference is that these two are connected 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 developed and you have a little bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill however functionally speaking they are the same individualized crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain undoubtedly with time as like we have decentralized web host develop in time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized website currently it’s not actually possible i suggest you can do it however it’s quite technical uh however 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 novices i think don’t understand resembles when you have actually bitcoin you have to send it to a particular 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 therefore 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 have to provide this address and this address and this address it’s actually a headache like what if there’s simply some method to integrate whatever into something that’s a bit more logical easy to use and easy to bear in mind that’s the benefit of using unstoppable domain names and setting up 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 since when you get whatever established you simply delve into your unstoppable domain names account and after that you can include your various wallets for your different cryptocurrencies.
There is only one genuine potential dealbreaker when it concerns using Unstoppable Domains, and that is the expense of claiming your domain with Ethereum.