This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Domain Name Crypto… These domains can not only be utilized as fully functional webpages, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can receive over 275 different crypto coins and tokens. By offering complex crypto addresses a human understandable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain is a san francisco-based company that is providing domain extensions that are connected to the blockchain instead of being connected to the dns system specifically you can get a dot crypto which is connected 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 benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is controlled and run 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 completely decentralized so there’s no governing body there’s nothing that requires any type of approval or authorization you as the owner own your domain so in this video i wish to discuss to you whatever that you require to know as a newbie about unstoppable domain names make certain to inspect the links in the description for time stamps and any resources discussed 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 complicated and technical than you thought of 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 releasing the domain through a icann certified domain register why do i say i can license because you can’t get your domain names directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann licensed domain register in order to get a domain which’s simply how it works like you resemble why do i need to do that i don’t understand why asking me those are simply the rules which’s what people have been providing for the last few years in order to get a domain name so that’s why you require to pay an annual fee on your domain
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 launching the domain name through a icann licensed domain register why do i say i can accredit due to the fact that you can’t get your domain names directly from i can which is once again the not-for-profit organization that manages the dns system you have to go through an icann accredited domain register in order to get a domain and that’s just how it works like you resemble why do i need to do that i don’t know why asking me those are just the guidelines and that’s what individuals have actually been doing for the last couple of decades in order to get a domain so that’s why you require to pay a yearly fee on your domain because you’re not actually buying 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 system registry that handles that domain extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for example so all these various domain name extensions have different computer registries and the role of the pc registry is simply to manage the administrative data for that particular domain name nft domain names versus the conventional dns system what’s the difference well the conventional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain computer 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 particularly imply a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain dot crypto versus dot zill what’s the difference with these 2 so if you leap over to unstoppabledomainnames.com link in the description you’re going to learn that you can’t geta.com.net.org why well you can’t you should currently type of understand why since those are handled by verisign
which is a domain windows registry which is managed by icann that becomes 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 names today they only have a dot crypto in dot zo at the time of tape-recording this video the primary distinction is that these two are connected to various block chains that’s it so you have 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 functions and services constructed around uh at the ethereum blockchain with a dot crypto domain name 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 primary feature of unstoppable domain names obviously over time as like we have decentralized web host develop in 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 truly possible i suggest you can do it however it’s pretty technical uh however what’s more vital is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a great deal of beginners i believe do not understand resembles when you have bitcoin you need to send it to a specific bitcoin address if you have white coin you need to send that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address and so it gets to be a bit of a headache of managing all these different addresses and if you wish to get payment from particular people you need to give them this address and this address and this address it’s truly a headache like what if there’s just some way to combine whatever into something that’s a little bit more logical easy to use and simple to keep in mind that’s the advantage of using unstoppable domain names and setting up something like dot crypto dot zill as a payment entrance since then you can receive payments and of all various kinds of cryptocurrency to one address since when you get whatever set up you just delve into your unstoppable domain names account and after that you can include your various wallets for your various cryptocurrencies.
Possible Dealbreakers.
There is only one genuine possible dealbreaker when it pertains to using Unstoppable Domains, which is the cost of declaring your domain with Ethereum.