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domain extensions that are tied to the blockchain…Blockchain Domain Check… instead of being connected to the dns system particularly you can get a dot crypto which is tied to the ethereum blockchain or you can get a zillow domain name extension which is connected 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 run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are simply completely decentralized so there’s no governing body there’s nothing that requires any kind of approval or authorization you as the owner own your domain so in this video i want to describe to you everything that you require to called a newbie about unstoppable domain make certain to inspect the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration in fact work i think

people are going to be quite surprised that it’s way more technical and complex than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain through a icann licensed domain name register why do i say i can certify due to the fact that you can’t get your domain directly from i can which is again the not-for-profit organization that manages the dns system you have 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 have to do that i don’t know why asking me those are simply the guidelines and that’s what people have been doing for the last few years in order to get a domain so that’s why you require to pay an annual charge on your domain names since you’re not actually purchasing an owning domain what you’re doing is leasing their domain so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the computer 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 windows registry for that extension

Is unstoppable domains on Ethereum? Blockchain Domain Check

is a verisign for example so all these various domain name extensions have various registries and the role of the registry is just to handle the administrative data for that specific domain nft domain names versus the standard dns system what’s the distinction well the conventional 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 licensed 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 mean a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents an unique digital item in this instance our domain names dot crypto versus dot zill what’s the distinction with these 2 so if you leap 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 currently kind of understand why due to the fact that those are handled by verisign which is a domain windows registry which is handled by icann that belongs to 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 just have a dot crypto in dot zo at the time of recording this video the main difference is that these 2 are connected to various block chains that’s it so you have Blockchain Domain Check

 

your dot crypto which is connected 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 services and functions 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 customized crypto addresses that can be set up as a payment entrance so this is the primary feature of unstoppable domain names certainly with time as like we have decentralized webhosting develop over time it will be possible to use like a decentralized domain name and a decentralized web host to develop your own decentralized website currently it’s not really possible i imply you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines method which people interact with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than standard domains.

Supports 276 crypto possessions.

Cons.

Need to spend ETH to claim domain.

Still some question as to whether Unstoppable Domains will accomplish widespread adoption.

Some domains are still pre-sale just.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a requirement for it to be easier for users to connect with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered location, so users did not have to find out IP addresses in order to get to sites, except for crypto addresses.

In this way they have been successful greatly, as they have actually developed a domain system that allows users to establish payments for 276 digital assets under a single domain name, while also being able to be used as a fully operating site that can even have actually dApps developed onto them because the domain is hosted on the blockchain. With no yearly renewal and a single payment charges, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is very safe since when claimed the domains exist under your address on blockchain, implying they are as protected as the blockchain itself.

It is twice as safe because this also suggests that the domain can not be blocked by anyone besides you, so your site is never ever at risk of being down due to censorship. The website for acquiring the domains is safe as well and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends upon a two main elements, though it must be noted that buying a domain is a one-time expense and needs no yearly renewals of any sort.

The first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you pick, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.

The next aspect is the gas charges related to using the Ethereum blockchain to declare your domain, since the domains are saved on the Ethereum blockchain, the deal to declare them comes in ETH and is not included in your preliminary purchase. The gas costs you will pay will depend upon the existing cost of ETH and the network blockage at the time of the transaction. Overall you can get likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the very best Functions of Unstoppable Domains?

There are a couple of features of Unstoppable Domains that stick out. The fact that it is a one-time purchase with no yearly renewal is very appealing thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be taken down by anybody other than the owner.

The domains likewise have more performance than conventional domains because they can be utilized to a payment router, however also used to develop websites with dApps developed straight on them because they exist on the blockchain, allowing the use of clever agreements on your website. Blockchain Domain Check

Maybe the very best and most enticing feature of Unstoppable Domains is that is offers you a way to have one address for you to receive 276 different crypto assets, indicating once you set it up you will only ever need to understand your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is simpler not only for you, but for anyone who you want to receive funds from.

 

Prospective Dealbreakers.

There is only one genuine potential dealbreaker when it comes to utilizing Unstoppable Domains, which is the cost of declaring your domain with Ethereum.

This may just be a dealbreaker due to the fact that you do not have any Ethereum at your address and need to purchase some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas fees. This is a one-time transaction charge, and unless you decide to sell/transfer your domain to somebody else it will be the additional fee associated with getting your domain.