This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. Unstoppable Domains Stock… These domains can not only be used as totally functional web pages, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can receive over 275 various crypto coins and tokens. By giving complex crypto addresses a human understandable name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company that is providing domain name 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 benefit of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled and run by icann so anything constantly needs 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 absolutely nothing that needs any type of approval or consent you as the owner own your domain so in this video i want to discuss to you everything that you need to referred to as a newbie about unstoppable domain names make certain to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain name registration really work i think
individuals are going to be quite shocked that it’s method more complicated and technical than you pictured so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing 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 due to the fact that you can’t get your domain straight from i can which is again the not-for-profit company that handles the dns system you have to go through an icann certified 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 do not know why asking me those are simply the rules and that’s what individuals have actually been providing for the last few years in order to get a domain so that’s why you need to pay a yearly charge on your domain names
technical than you imagined 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 launching the domain name through a icann accredited domain name register why do i say i can accredit because you can’t get your domain names directly from i can which is again the nonprofit organization that manages the dns system you have to go through an icann certified domain 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 been doing for the last few decades in order to get a domain so that’s why you require to pay a yearly fee on your domain names since you’re not in fact purchasing an owning domain name what you’re doing is leasing 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 computer registry that handles that domain 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 a verisign for instance so all these various domain extensions have various computer system registries and the role of the computer registry is just to manage the administrative data for that particular domain name nft domain versus the standard dns system what’s the difference well the conventional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain registries then you have your icann accredited domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it however like what does that specifically indicate a non-fungible token is just a piece of information discovered 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 2 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 ought to currently kind of know why since those are managed by verisign
which is a domain pc registry which is handled by icann that becomes part of the dns system that’s why you can’t get those types 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 tape-recording this video the primary distinction 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 tied to the silica block durian blockchain is way more industrialized and you have a bit more functions and services built around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill but functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the primary feature of unstoppable domain undoubtedly gradually as like we have decentralized webhosting establish over time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized website presently it’s not actually possible i indicate you can do it but it’s pretty technical uh but what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a great deal of newbies i think don’t comprehend resembles when you have actually bitcoin you have to send it to a specific bitcoin address if you have white coin you need to send out that to a litecoin address if you have bitcoin money you need to send it to a bitcoin cash address therefore it gets to be a bit of a headache of handling all these various addresses and if you want 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 just some method to combine everything into something that’s a little bit more rational easy to use and easy 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 because when you get everything set up you simply jump into your unstoppable domain account and then you can add in your various wallets for your different cryptocurrencies.
There is only one genuine possible dealbreaker when it pertains to using Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.