This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. How To Link Coinbase Wallet To Unstoppable Domains… These domains can not only be used as completely practical webpages, with decentralized applications (dApps) integrated, however likewise as a payment hub address where users can get over 275 different crypto coins and tokens. By giving complex crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based business that is offering domain extensions that are tied to the blockchain instead of being connected to the dns system particularly you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit 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 needs 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 needs any type of approval or permission you as the owner own your domain so in this video i wish to explain to you everything that you need to know as a newbie about unstoppable domain names make sure to check the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration really work i believe
people are going to be rather stunned that it’s way more complex and technical than you thought of 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 launching the domain name through a icann accredited domain register why do i say i can license because you can’t get your domain directly from i can which is once again the nonprofit organization that handles the dns system you have to go through an icann certified domain register in order to get a domain name and that’s just how it works like you’re like why do i have to do that i don’t understand why asking me those are just the rules which’s what individuals have been providing for the last couple of decades in order to get a domain so that’s why you require to pay an annual cost on your domain
technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re launching the domain name through a icann accredited domain name register why do i state i can accredit since you can’t get your domain straight from i can which is again the nonprofit organization that handles the dns system you have to go through an icann certified domain register in order to get a domain name and that’s just how it works like you’re like why do i have to do that i don’t know why asking me those are just the guidelines and that’s what individuals have actually been providing for the last few years in order to get a domain name so that’s why you require to pay a yearly fee on your domain because you’re not actually 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 handles that domain name extension which is then absolutely 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 different registries and the function of the registry is simply to handle the administrative information for that specific domain nft domain versus the traditional dns system what’s the difference well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain computer 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 change it however like what does that specifically mean a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a special digital item 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 should currently sort of know why because those are handled by verisign
which is a domain name computer registry which is handled by icann that becomes part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can just get blockchain based domain 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 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 constructed around uh at the ethereum blockchain with a dot crypto domain than you do 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 gradually as like we have actually decentralized web host establish over time it will be possible to utilize like a decentralized domain and a decentralized webhosting to produce your own decentralized site presently it’s not actually possible i indicate you can do it but it’s quite technical uh but what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a great deal of newbies i believe don’t understand is like when you have bitcoin you have to send it to a specific bitcoin address if you have white coin you have to send out that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address and so it gets to be a bit of a headache of handling all these different addresses and if you wish to get payment from specific individuals you need 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 integrate everything into something that’s a bit more sensible easy to use and easy to bear in mind that’s the advantage 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 different types of cryptocurrency to one address because when you get whatever set up you just delve into your unstoppable domain account and then you can include your various wallets for your different cryptocurrencies.
There is only one real prospective dealbreaker when it comes to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.