This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. Refund Unstoppable Domains… These domains can not only be used as fully functional web pages, 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 intends to be the domain addresses of the future.
unstoppable domain names is a san francisco-based business that is supplying 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 tied 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 operated by icann so anything constantly requires approval from that governing body but 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 permission you as the owner own your domain name so in this video i want to explain to you everything that you need to referred to as a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration in fact work i think
people are going to be rather shocked 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 in fact buying the domain what you’re doing is you’re launching the domain through a icann accredited domain name register why do i say i can license because you can’t get your domain names straight from i can which is again the nonprofit company that handles the dns system you have to go through an icann accredited domain name register in order to get a domain name and that’s just how it works like you’re like why do i need to do that i do not know why asking me those are simply the guidelines which’s what people have been doing for the last few years in order to get a domain name so that’s why you need to pay an annual charge on your domain
technical than you thought of 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 licensed domain name register why do i state i can accredit 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 need to go through an icann licensed domain register in order to get a domain name and that’s simply how it works like you resemble why do i need to do that i do not know why asking me those are simply the rules which’s what people have actually been doing for the last couple of years in order to get a domain name so that’s why you require to pay a yearly cost on your domain names because you’re not really buying an owning domain name 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 computer system registry that manages that domain extension which is then absolutely handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for example so all these different domain name extensions have various windows registries and the role of the pc registry is simply to manage the administrative data for that particular domain name nft domain versus the traditional dns system what’s the distinction well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain pc registries then you have your icann accredited domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it but like what does that particularly imply a non-fungible token is just a piece of information found 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 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 should currently type of know why due to the fact that those are handled by verisign
which is a domain pc registry which is handled by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain you can only get blockchain based domain right now they only have a dot crypto in dot zo at the time of recording this video the primary difference is that these two are tied to different block chains that’s it so you have your dot crypto which is tied to the ethereum blockchain you have your dot zill which is connected to the silica block durian blockchain is way more developed and you have a little bit more features and services developed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill but functionally speaking they are the same individualized crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain names certainly in time as like we have decentralized webhosting develop in time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized site currently it’s not really possible i mean you can do it however it’s pretty technical uh however what’s more important is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a great deal of novices i think don’t understand resembles when you have actually bitcoin you need 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 money you need to send it to a bitcoin money address therefore it gets to be a little bit of a headache of handling all these various addresses and if you want to get payment from specific individuals you need to provide this address and this address and this address it’s truly a headache like what if there’s simply 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 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 due to the fact that when you get whatever set up you simply jump into your unstoppable domain account and then you can include your different wallets for your different cryptocurrencies.
There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of claiming your domain with Ethereum.