This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Domain Un… These domains can not just be used as totally practical web pages, with decentralized applications (dApps) integrated, however also as a payment hub address where users can receive over 275 various crypto coins and tokens. By providing complicated crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain names is a san francisco-based business that is supplying domain extensions that are tied to the blockchain 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 connected to the silica blockchain which is an alternative to ethereum the advantage 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 simply completely decentralized so there’s no governing body there’s nothing that requires any kind of approval or authorization you as the owner own your domain so in this video i wish to explain to you whatever that you need to called a novice about unstoppable domain names make certain to check the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration actually work i believe
individuals are going to be rather stunned that it’s way more complicated and technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not really 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 certify since you can’t get your domain directly from i can which is again the not-for-profit company that manages the dns system you need to go through an icann certified domain name register in order to get a domain and that’s just how it works like you’re like why do i have to do that i do not know why asking me those are simply the rules which’s what people have actually been providing for the last couple of decades in order to get a domain so that’s why you need to pay an annual fee on your domain names
technical than you thought of 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 releasing the domain through a icann licensed domain register why do i state i can accredit since you can’t get your domain straight from i can which is 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 just how it works like you resemble why do i have to do that i do not understand why asking me those are just the rules and that’s what individuals have been doing for the last few years in order to get a domain name so that’s why you need to pay a yearly charge on your domain because you’re not really buying an owning domain 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 name extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension is a verisign for instance so all these different domain name extensions have various computer system registries and the role of the registry is simply to manage the administrative data for that specific domain name nft domain names versus the conventional dns system what’s the difference well the traditional dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain pc 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 alter it however like what does that specifically suggest a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a distinct digital item in this instance our domain dot crypto versus dot zill what’s the difference with these 2 so if you jump 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 must already sort of know why because those are handled by verisign
which is a domain name computer registry which is handled 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 just get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the main difference is that these two are tied 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 industrialized and you have a little bit more functions and services constructed around uh at the ethereum blockchain with a dot crypto domain name than you finish with a dot zill however functionally speaking they are the same tailored crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain undoubtedly gradually as like we have actually decentralized webhosting establish with time it will be possible to utilize like a decentralized domain name and a decentralized webhosting to develop your own decentralized website currently it’s not truly possible i suggest you can do it but it’s quite technical uh but 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 lot of beginners i believe don’t understand is like when you have bitcoin you need to send it to a particular bitcoin address if you have white coin you have to send 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 little bit of a headache of handling all these different addresses and if you want to get payment from specific individuals you have to provide this address and this address and this address it’s really a headache like what if there’s simply some way to integrate everything into something that’s a bit more rational easy to use and easy to remember that’s the advantage of using unstoppable domain and setting up something like dot crypto dot zill as a payment gateway 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 account and then you can add in your different wallets for your various cryptocurrencies.
There is only one real potential dealbreaker when it pertains to using Unstoppable Domains, which is the cost of claiming your domain with Ethereum.