This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Buy Unstoppable Domains… These domains can not just be used as fully functional websites, with decentralized applications (dApps) integrated, but also as a payment center address where users can get over 275 various crypto coins and tokens. By providing complex 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 company that is providing domain name 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 advantage of using these blockchain based domain 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 but 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 needs any kind of approval or authorization 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 make sure to check 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 rather surprised that it’s method more technical and complicated than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re releasing the domain through a icann accredited domain name 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 company that manages the dns system you need to go through an icann licensed domain name register in order to get a domain name which’s simply how it works like you’re like why do i need to do that i don’t understand why asking me those are simply the rules and that’s what people have actually been doing for the last couple of years in order to get a domain so that’s why you require to pay an annual cost on your domain names
technical than you pictured 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 releasing the domain name through a icann certified domain name register why do i state i can certify since you can’t get your domain straight from i can which is again the not-for-profit organization that handles 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 have to do that i do not know why asking me those are simply the rules and that’s what individuals have actually been doing for the last few years in order to get a domain name so that’s why you need to pay an annual cost on your domain names due to the fact that you’re not in fact purchasing an owning domain what you’re doing is renting 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 pc registry that manages that domain name extension which is then completely 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 example so all these different domain extensions have different windows registries and the role of the windows registry is just to manage the administrative data for that particular domain nft domain names versus the conventional dns system what’s the distinction well the standard dns system is a centralized system as i mentioned earlier based around icann so you have actually 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 alter it but like what does that specifically indicate a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference 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 ought to already sort of know why because those are managed by verisign
which is a domain registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can only get blockchain based domain names right now they just have a dot crypto in dot zo at the time of taping this video the main distinction is that these 2 are tied 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 services and features constructed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill however functionally speaking they are the same tailored crypto addresses that can be set up as a payment gateway so this is the main function of unstoppable domain names obviously in time as like we have actually decentralized web host develop over time it will be possible to utilize like a decentralized domain and a decentralized webhosting to develop your own decentralized site currently it’s not truly possible i indicate you can do it however it’s quite technical uh however what’s more important is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a great deal of newbies i think do not understand resembles when you have bitcoin you need to send it to a particular bitcoin address if you have white coin you have to send out that to a litecoin address if you have bitcoin cash you need to send it to a bitcoin cash address and so it gets to be a little bit of a headache of managing all these different addresses and if you want 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 just some way to combine everything into something that’s a bit more sensible easy to use and easy to keep in mind that’s the advantage of using unstoppable domain and setting up something like dot crypto dot zill as a payment gateway because then you can receive payments and of all various types of cryptocurrency to one address because when you get whatever set up you simply delve into your unstoppable domain names account and after that you can add in your various wallets for your various cryptocurrencies.
There is only one real potential dealbreaker when it comes to using Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.