This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Bitcoin Name… These domains can not just be utilized as totally functional web pages, with decentralized applications (dApps) integrated, but also as a payment center address where users can get over 275 different crypto coins and tokens. By providing intricate crypto addresses a human readable name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain is a san francisco-based business that is offering domain name extensions that are connected to the blockchain instead of being tied 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is just that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply completely decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain name so in this video i wish to explain to you everything that you require to called a novice about unstoppable domain names ensure to inspect the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration actually work i believe
individuals are going to be quite shocked that it’s way more complicated and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not really 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 accredit due to the fact that you can’t get your domain names directly from i can which is once again the nonprofit company that manages the dns system you have to go through an icann licensed domain 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 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 a yearly fee on your domain
technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain name 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 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 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 don’t understand why asking me those are simply the rules and that’s what individuals have been doing for the last few years in order to get a domain so that’s why you need to pay a yearly cost on your domain due to the fact that you’re not really 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 handled 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 different domain name extensions have various windows registries and the role of the pc registry is just to handle the administrative information for that particular domain name nft domain versus the traditional dns system what’s the difference well the traditional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that specifically imply a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct digital item in this instance 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 find out that you can’t geta.com.net.org why well you can’t you must currently sort of understand why since those are managed by verisign
which is a domain name computer registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain names through unstoppable domain you can just get blockchain based domain names right now they only have a dot crypto in dot zo at the time of tape-recording this video the primary distinction is that these two 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 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 do with a dot zill however functionally speaking they are the same individualized crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain names clearly in time as like we have actually decentralized webhosting develop in time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site currently it’s not really possible i suggest you can do it but it’s quite technical uh but what’s more crucial is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a great deal of beginners i believe don’t comprehend resembles when you have 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 and so it gets to be a little bit of a headache of handling all these various addresses and if you want to get payment from particular people you have to give them this address and this address and this address it’s truly a headache like what if there’s simply some way to combine whatever into something that’s a bit more rational 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 because then you can get payments and of all various kinds of cryptocurrency to one address due to the fact that when you get whatever set up you just jump into your unstoppable domain account and after that you can add in your different wallets for your different cryptocurrencies.
There is only one genuine possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the cost of declaring your domain with Ethereum.