This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Crypto Ens… These domains can not only be utilized as fully practical webpages, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can receive 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 business that is providing domain extensions that are connected 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 benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always needs 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 nothing that requires any kind of approval or consent you as the owner own your domain so in this video i wish to explain to you whatever that you need to referred to as a newbie about unstoppable domain ensure to check 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
individuals are going to be rather shocked that it’s method more complex and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain name through a icann certified domain register why do i state i can accredit because you can’t get your domain names straight from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann certified domain register in order to get a domain name 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 just the guidelines which’s what people have actually been providing for the last couple of years in order to get a domain name so that’s why you require to pay a yearly fee on your domain
technical than you envisioned so when you go to somewhere 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 certified domain name register why do i say i can certify since 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 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’re like why do i need to do that i do not understand why asking me those are just the guidelines which’s what people have been doing for the last couple of years in order to get a domain so that’s why you need to pay a yearly cost on your domain names since you’re not in fact buying an owning domain name 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 computer system registry that manages that domain extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension is a verisign for example so all these different domain name extensions have various registries and the function of the windows registry is just to handle the administrative data for that specific domain nft domain names versus the standard dns system what’s the distinction well the traditional dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it however like what does that specifically imply a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a distinct digital product in this instance our domain names dot crypto versus dot zill what’s the difference with these 2 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 ought to currently kind of know why because those are managed by verisign
which is a domain name registry which is handled by icann that’s 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 distinction is that these 2 are connected to different 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 connected to the silica block durian blockchain is way more industrialized and you have a bit more features and services 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 tailored crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names certainly with time as like we have decentralized webhosting develop gradually it will be possible to utilize like a decentralized domain and a decentralized web host to develop your own decentralized website currently it’s not truly possible i suggest you can do it however it’s quite technical uh however what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a lot of beginners i believe do not understand resembles when you have actually 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 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 different addresses and if you want to get payment from specific people you need to provide this address and this address and this address it’s really a headache like what if there’s just some method to integrate whatever into something that’s a little bit more logical easy to use and easy to remember that’s the benefit of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance since then you can receive payments and of all various kinds of cryptocurrency to one address since when you get everything set up you simply jump into your unstoppable domain names account and after that you can include your different wallets for your different cryptocurrencies.
There is only one real prospective dealbreaker when it pertains to utilizing Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.