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domain extensions that are tied to the blockchain…Turtle Namecoins… 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 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 managed and operated by icann so anything always needs approval from that governing body however 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 needs any kind of approval or authorization you as the owner own your domain so in this video i want to explain to you everything that you need to know as a beginner about unstoppable domain names 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 really work i believe

people are going to be quite shocked that it’s method more technical and complicated than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain what you’re doing is you’re launching the domain name through a icann certified domain register why do i state i can accredit since 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 name register in order to get a domain which’s simply how it works like you’re like why do i need to do that i do not understand why asking me those are just the rules which’s what individuals have been doing for the last couple of decades 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 in fact 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 computer system registry that manages that domain name extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension

Is unstoppable domains on Ethereum? Turtle Namecoins

is a verisign for instance so all these different domain name extensions have various pc registries and the role of the windows registry is simply to manage the administrative data for that specific domain name nft domain versus the conventional dns system what’s the distinction well the standard dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain windows registries then you have your icann accredited 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 mean a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a distinct digital product in this circumstances our domain 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 should currently kind of know why because those are handled by verisign which is a domain name pc registry which is managed by icann that’s part of 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 today they only have a dot crypto in dot zo at the time of recording this video the primary distinction is that these two are connected to different block chains that’s it so you have Turtle Namecoins

 

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 developed and you have a bit more functions and services constructed 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 customized crypto addresses that can be established as a payment gateway so this is the main feature of unstoppable domain names obviously gradually as like we have actually decentralized web host develop over time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized website currently it’s not really possible i mean you can do it however it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which people engage with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than conventional domains.

Supports 276 crypto possessions.

Cons.

Have to invest ETH to claim domain.

Still some question regarding whether Unstoppable Domains will accomplish prevalent 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 much easier for users to communicate with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered place, 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 succeeded significantly, as they have developed a domain system that enables users to establish payments for 276 digital assets under a single domain name, while also being able to be used as a completely working site that can even have dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With no annual renewal and a single payment charges, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is incredibly safe since as soon as declared the domains exist under your address on blockchain, meaning they are as protected as the blockchain itself.

It is doubly safe since this likewise suggests that the domain can not be obstructed by anyone aside from you, so your website is never ever at risk of being down due to censorship. The site for buying the domains is safe too and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a two main factors, though it must be kept in mind that buying 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 range from $20 USD to well over $1000 USD depending upon the domain you pick, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain, with much shorter domains costing extra. In addition, there are premium domains that cost tens of thousands.

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

What Are the Best Functions of Unstoppable Domains?

There are a few functions of Unstoppable Domains that stand apart. The reality that it is a one-time purchase with no yearly renewal is exceptionally enticing considering the method standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be removed by anybody aside from the owner.

The domains also have more functionality than conventional domains since they can be utilized to a payment router, but likewise utilized to create sites with dApps developed directly on them because they exist on the blockchain, allowing the use of wise agreements on your site. Turtle Namecoins

Maybe the best and most attractive feature of Unstoppable Domains is that is supplies you a method to have one address for you to get 276 different crypto assets, suggesting once you set it up you will only ever need to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is simpler not just for you, but for anyone who you wish to receive funds from.

 

Prospective Dealbreakers.

There is only one genuine possible dealbreaker when it concerns using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.

This might just be a dealbreaker since you do not have any Ethereum at your address and need to purchase some in order to declare your domain, or if for some reason you think 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 someone else it will be the extra fee connected with getting your domain.