This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Nft Registrar… These domains can not only be used as completely practical web pages, with decentralized applications (dApps) integrated, but likewise as a payment hub address where users can get over 275 different 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 company that is offering 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 connected to the ethereum blockchain or you can get a zillow domain extension which is connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is just that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are just entirely 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 want to discuss to you everything that you require to know as a novice about unstoppable domain ensure to check the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration really work i believe
individuals are going to be rather surprised that it’s way more technical and complex than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain what you’re doing is you’re releasing the domain through a icann accredited domain name register why do i state i can accredit since you can’t get your domain directly from i can which is once again the nonprofit organization that handles the dns system you have to go through an icann certified 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 just the guidelines and that’s what people have actually been providing 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
technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not actually 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 certify because you can’t get your domain names straight from i can which is again the not-for-profit company that handles the dns system you have to go through an icann licensed domain name register in order to get a domain and that’s simply how it works like you resemble why do i have to do that i don’t understand why asking me those are simply the rules and that’s what individuals have been doing for the last few decades in order to get a domain so that’s why you need to pay a yearly cost on your domain names due to the fact that you’re not in fact purchasing an owning domain name what you’re doing is renting 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 manages that domain extension which is then absolutely handled 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 different domain extensions have various computer registries and the function of the registry is simply to handle the administrative data for that specific domain nft domain versus the conventional dns system what’s the distinction well the standard 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 licensed domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it but like what does that particularly suggest a non-fungible token is simply a piece of information found 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 difference with these 2 so if you jump 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 must currently kind of know why because those are handled by verisign
which is a domain name pc registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of tape-recording this video the primary difference is that these two are tied 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 connected to the silica block durian blockchain is way more developed and you have a little bit more services and functions developed 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 gateway so this is the primary function of unstoppable domain undoubtedly in time as like we have actually decentralized webhosting establish gradually it will be possible to utilize like a decentralized domain name and a decentralized webhosting to develop your own decentralized website presently it’s not actually possible i mean you can do it however it’s quite technical uh but what’s more crucial 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 understand resembles when you have actually bitcoin you have to send it to a particular bitcoin address if you have white coin you have 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 managing all these different addresses and if you wish to get payment from specific people you need to provide this address and this address and this address it’s truly a headache like what if there’s simply some way to combine everything 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 establishing 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 because when you get everything established you just delve into your unstoppable domain names account and then you can add in your different wallets for your various cryptocurrencies.
There is only one real possible dealbreaker when it comes to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.