This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Investors… These domains can not just be utilized as completely functional websites, with decentralized applications (dApps) integrated, but likewise as a payment center address where users can receive over 275 various crypto coins and tokens. By providing intricate crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based company that is providing domain extensions that are connected to the blockchain instead of being tied 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 advantage of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is controlled and run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that requires any kind of approval or approval you as the owner own your domain so in this video i want to explain to you everything that you need to referred to as a novice about unstoppable domain make certain to check the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration really work i think
people are going to be quite surprised that it’s method more complex and technical than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re launching the domain name through a icann certified domain 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 not-for-profit organization that handles the dns system you need to go through an icann licensed domain name register in order to get a domain and that’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 just the rules which’s what individuals have actually been providing for the last few years in order to get a domain so that’s why you require to pay an annual fee on your domain names
technical than you envisioned 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 certified domain register why do i say i can certify due to the fact that you can’t get your domain names straight from i can which is once again the not-for-profit organization that manages the dns system you have to go through an icann certified domain name 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 simply the guidelines which’s what people have actually been providing 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 because you’re not actually buying an owning domain name what you’re doing is renting their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the registry that manages 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 computer system registry for that extension is a verisign for example so all these different domain extensions have various computer system registries and the function of the pc registry is simply to manage the administrative data for that particular domain name nft domain versus the conventional 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 actually icann you have your domain windows registries then you have your icann licensed domain name 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 indicate a non-fungible token is just a piece of data found 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 two 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 need to already type of understand why because those are managed by verisign
which is a domain name windows registry which is handled by icann that becomes part of the dns system that’s why you can’t get those types of domain through unstoppable domain you can only get blockchain based domain today they just have a dot crypto in dot zo at the time of taping this video the main difference is that these 2 are connected to various 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 bit more features and services built around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment gateway so this is the primary function of unstoppable domain undoubtedly gradually as like we have decentralized webhosting establish over time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to produce your own decentralized site currently it’s not actually possible i indicate you can do it but it’s quite technical uh but 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 beginners i think don’t comprehend resembles when you have actually bitcoin you need to send it to a specific bitcoin address if you have white coin you have to send that to a litecoin address if you have bitcoin money you have to send it to a bitcoin cash address therefore it gets to be a little bit of a headache of managing all these various addresses and if you wish to get payment from particular people you need to provide this address and this address and this address it’s really a headache like what if there’s simply some method to integrate everything into something that’s a little bit more sensible easy to use and simple to keep 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 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 then you can include your various wallets for your various cryptocurrencies.
There is only one genuine prospective dealbreaker when it concerns utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.