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domain name extensions that are connected to the blockchain…Unstoppable Domains Headquarters… 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 connected 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 requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s nothing that needs any type of approval or authorization you as the owner own your domain so in this video i want to describe to you whatever that you require to know as a novice about unstoppable domain names make sure to examine the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain name registration really work i believe

people are going to be quite shocked that it’s method more technical and complex 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 through a icann accredited domain register why do i say i can accredit because you can’t get your domain directly from i can which is once again the not-for-profit organization that handles the dns system you need to go through an icann accredited domain name register in order to get a domain name which’s just how it works like you resemble why do i have to do that i don’t understand why asking me those are simply the guidelines and that’s what people have been doing for the last couple of years in order to get a domain so that’s why you need to pay a yearly cost on your domain names since you’re not in fact 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 windows registry that handles that domain name extension which is then completely managed and organized by icann broadly speaking so like when you get it.com.net.org the registry for that extension

Is unstoppable domains on Ethereum? Unstoppable Domains Headquarters

is a verisign for example so all these various domain extensions have different windows registries and the function of the windows registry is just 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 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 however like what does that specifically suggest a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct digital product in this instance our domain 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 must currently sort of understand why due to the fact that those are managed by verisign which is a domain name computer 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 just have a dot crypto in dot zo at the time of recording this video the primary difference is that these two are connected to different block chains that’s it so you have Unstoppable Domains Headquarters

 

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 little bit more services and functions 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 gateway so this is the main function of unstoppable domain certainly over time as like we have decentralized web host establish gradually it will be possible to utilize like a decentralized domain and a decentralized web host to create your own decentralized site presently it’s not truly possible i suggest you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which people communicate with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than traditional domains.

Supports 276 crypto assets.

Cons.

Have to spend ETH to claim domain.

Still some concern as to whether Unstoppable Domains will attain widespread adoption.

Some domains are still pre-sale only.

What is Unstoppable Domains?

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

In this way they have actually been successful greatly, as they have actually created a domain system that permits users to set up payments for 276 digital possessions under a single domain, while likewise being able to be utilized as a totally working website 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 costs, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is exceptionally safe since when claimed the domains exist under your address on blockchain, suggesting they are as secure as the blockchain itself.

It is two times as safe since 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 website for purchasing the domains is safe as well and can be secured with two-factor authentication.

Just How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 main elements, though it must be kept in mind that purchasing 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 choose, as cost is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.

The next aspect is the gas fees associated with using the Ethereum blockchain to claim your domain, since the domains are kept on the Ethereum blockchain, the deal to declare them can be found in ETH and is not consisted of in your initial purchase. The gas fees you will pay will depend on the existing cost of ETH and the network blockage at the time of the transaction. In general you can get most likely yourself a cheap.crypto domain and claim it for under $50 total.

What Are the Best Functions of Unstoppable Domains?

There are a couple of features of Unstoppable Domains that stand apart. The reality that it is a one-time purchase with no yearly renewal is very appealing thinking about the method traditional domain ownership works, and in addition, the domain is censor resistant, implying it can not be removed by anybody besides the owner.

The domains likewise have more functionality than standard domains due to the fact that they can be utilized to a payment router, but likewise used to develop websites with dApps constructed straight on them due to the fact that they exist on the blockchain, allowing the use of smart agreements on your site. Unstoppable Domains Headquarters

Perhaps the best and most enticing feature of Unstoppable Domains is that is provides you a way to have one address for you to receive 276 different crypto assets, indicating once you set it up you will just ever require to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is easier not only for you, but for anybody who you wish to receive funds from.

 

Possible Dealbreakers.

There is only one genuine prospective dealbreaker when it concerns using Unstoppable Domains, which 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 need to purchase some in order to declare your domain, or if for some reason you think it is unreasonable to pay the gas fees. Nevertheless, this is a one-time deal cost, and unless you choose to sell/transfer your domain to another person it will be the additional charge associated with getting your domain.