This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Is An Unstoppable Domain Worth It… These domains can not just be utilized as fully practical websites, with decentralized applications (dApps) built-in, but also as a payment center address where users can receive over 275 various crypto coins and tokens. By offering complicated crypto addresses a human understandable 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 connected 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 extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and run by icann so anything constantly requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply totally decentralized so there’s no governing body there’s absolutely nothing that requires any type 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 need to referred to as 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 actually work i believe
individuals are going to be rather surprised that it’s method more technical and complicated than you thought of so when you go to someplace 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 certified domain register why do i state i can license because you can’t get your domain names straight from i can which is again the not-for-profit organization that handles the dns system you need to go through an icann licensed domain register in order to get a domain name which’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 actually 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
technical than you thought of 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 launching the domain name through a icann accredited domain name register why do i say i can license because you can’t get your domain names directly from i can which is once again the not-for-profit company that handles the dns system you have to go through an icann certified domain name register in order to get a domain name which’s just how it works like you’re like why do i need to do that i don’t know why asking me those are just the rules which’s what individuals have been providing for the last couple of years in order to get a domain so that’s why you need to pay an annual fee on your domain names because you’re not really 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 pc registry that manages that domain extension which is then completely managed and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for instance so all these different domain name extensions have different computer system registries and the function of the computer registry is just to manage the administrative data for that particular domain name nft domain versus the standard dns system what’s the difference 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 computer system registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that specifically indicate a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents an unique digital item in this instance our domain 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 discover that you can’t geta.com.net.org why well you can’t you need to already kind of know why due to the fact that those are managed by verisign
which is a domain name 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 names through unstoppable domain names you can only get blockchain based domain names right now they only have a dot crypto in dot zo at the time of taping 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 connected 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 functions constructed 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 personalized crypto addresses that can be set up as a payment entrance so this is the primary function of unstoppable domain names undoubtedly with 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 produce your own decentralized site presently it’s not truly possible i indicate you can do it but it’s pretty technical uh however what’s more vital is that you can set up 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 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 need to send it to a bitcoin money address therefore it gets to be a bit of a headache of handling all these different addresses and if you want to get payment from particular individuals 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 little bit more sensible 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 due to the fact that then you can receive payments and of all different types of cryptocurrency to one address since when you get whatever set up you simply jump into your unstoppable domain names account and after that you can include your various wallets for your various cryptocurrencies.
There is only one genuine prospective dealbreaker when it comes to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.