This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domain Coin… These domains can not just be used as fully functional webpages, with decentralized applications (dApps) built-in, but likewise as a payment center address where users can get over 275 different crypto coins and tokens. By providing 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 offering domain extensions that are tied to the blockchain instead of being tied to the dns system specifically you can get a dot crypto which is tied 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 advantage 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 always needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or approval you as the owner own your domain so in this video i wish to explain to you everything that you require to know as a novice about unstoppable domain names make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration in fact work i think
individuals are going to be quite shocked that it’s method more complex and technical than you imagined 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 through a icann accredited domain register why do i say i can certify due to the fact that you can’t get your domain names directly from i can which is again the nonprofit organization that handles the dns system you need 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 understand why asking me those are just the rules which’s what individuals have actually been providing for the last couple of decades in order to get a domain name so that’s why you need to pay a yearly cost on your domain
technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not actually purchasing the domain name what you’re doing is you’re releasing the domain name through a icann accredited domain register why do i say i can accredit since you can’t get your domain names directly from i can which is again the nonprofit company that manages the dns system you have to go through an icann licensed domain 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 do not understand why asking me those are simply the guidelines which’s what individuals have been providing for the last few decades in order to get a domain name so that’s why you need to pay an annual cost on your domain names since you’re not really 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 windows registry that manages that domain extension which is then completely managed and arranged 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 different windows registries and the role of the computer system registry is just to handle the administrative information for that particular domain name nft domain names versus the standard dns system what’s the difference well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain 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 change it but like what does that specifically mean a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents a distinct digital product in this instance our domain names 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 kind of know why since those are handled by verisign
which is a domain windows registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain through unstoppable domain names you can only get blockchain based domain today they just 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 features built around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same tailored crypto addresses that can be set up as a payment gateway so this is the main feature of unstoppable domain names undoubtedly gradually as like we have actually decentralized webhosting develop gradually it will be possible to use like a decentralized domain name and a decentralized web host to produce your own decentralized site currently it’s not really possible i imply you can do it but 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 gateway so what a lot of beginners i believe don’t comprehend is like 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 cash you have to send it to a bitcoin cash address and so it gets to be a little bit of a headache of managing all these different addresses and if you wish to get payment from particular individuals 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 integrate whatever into something that’s a bit more logical easy to use and easy to remember that’s the advantage of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance since then you can receive payments and of all different types of cryptocurrency to one address since when you get everything established you just delve into your unstoppable domain account and then you can include your various wallets for your various cryptocurrencies.
There is only one real potential dealbreaker when it comes to using Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.