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domain extensions that are connected to the blockchain…Free Blockchain Domain… instead of being tied 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 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 just entirely decentralized so there’s no governing body there’s nothing that requires any type of approval or consent you as the owner own your domain so in this video i want to describe to you whatever that you require to referred to as a beginner about unstoppable domain make certain to check the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration actually work i believe

people are going to be quite 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 releasing the domain through a icann licensed domain register why do i say i can accredit since you can’t get your domain directly from i can which is again the nonprofit company that handles the dns system you need to go through an icann accredited domain name 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 understand why asking me those are just the guidelines and that’s what individuals have been doing for the last couple of years in order to get a domain name so that’s why you need to pay an annual fee on your domain since 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 manages that domain extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension

Is unstoppable domains on Ethereum? Free Blockchain Domain

is a verisign for instance so all these different domain extensions have different computer system registries and the function of the computer registry is simply to manage the administrative data for that particular domain nft domain names versus the traditional dns system what’s the difference 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 computer system registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it but like what does that specifically suggest a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents an unique digital product in this instance our domain names dot crypto versus dot zill what’s the distinction 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 must already sort of understand why due to the fact that those are handled by verisign which is a domain name 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 just get blockchain based domain right now they just have a dot crypto in dot zo at the time of recording this video the primary difference is that these 2 are tied to different block chains that’s it so you have Free Blockchain Domain

 

your dot crypto which is tied 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 little bit more features and services built 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 entrance so this is the primary function of unstoppable domain undoubtedly with time as like we have decentralized web host establish over time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized site presently it’s not really possible i mean you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies way in which individuals engage with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than conventional domains.

Supports 276 crypto assets.

Cons.

Need to spend ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve widespread adoption.

Some domains are still pre-sale only.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a need for it to be easier for users to engage with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to learn IP addresses in order to get to sites, except for crypto addresses.

In this way they have actually prospered considerably, as they have created a domain system that permits users to establish payments for 276 digital properties under a single domain, while likewise being able to be used as a fully working website that can even have dApps developed onto them because the domain is hosted on the blockchain. With no annual renewal and a single payment fees, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

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

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

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends on a two main aspects, though it needs to be kept in mind that acquiring a domain is a one-time cost and requires no annual renewals of any sort.

The very first element is the expense 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 upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing additional. In addition, there are superior domains that cost 10s of thousands.

The next factor is the gas costs associated with utilizing the Ethereum blockchain to claim your domain, due to the fact that the domains are saved on the Ethereum blockchain, the transaction to claim them can be found in ETH and is not included in your initial purchase. The gas fees you will pay will depend on the present expense of ETH and the network congestion at the time of the deal. In general you can get most 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 stand out. The fact that it is a one-time purchase without any annual renewal is very enticing thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be taken down by anyone other than the owner.

The domains likewise have more functionality than traditional domains due to the fact that they can be used to a payment router, however also utilized to develop sites with dApps constructed directly on them because they exist on the blockchain, allowing the use of clever contracts on your site. Free Blockchain Domain

Maybe the best and most enticing feature of Unstoppable Domains is that is provides you a way to have one address for you to get 276 different crypto properties, suggesting as soon as you set it up you will just ever need to know your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is simpler not only for you, but for anybody who you want to receive funds from.

 

Possible Dealbreakers.

There is only one real possible dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of claiming 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 require to buy some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas charges. Nevertheless, this is a one-time deal fee, and unless you choose to sell/transfer your domain to somebody else it will be the additional charge connected with getting your domain.