This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Unstoppable Domain Promo Code… These domains can not just be used as totally practical web pages, with decentralized applications (dApps) built-in, but likewise as a payment hub address where users can get over 275 various crypto coins and tokens. By providing intricate crypto addresses a human understandable name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain is a san francisco-based company that is offering 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 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 simply that they are decentralized so the dns system is controlled and run by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply totally decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or permission you as the owner own your domain so in this video i want to describe to you whatever that you need to called a beginner about unstoppable domain names ensure to inspect the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name 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 actually purchasing the domain what you’re doing is you’re launching the domain through a icann accredited domain name register why do i state i can accredit because you can’t get your domain directly from i can which is once again the nonprofit company that handles the dns system you have to go through an icann certified domain name register in order to get a domain and that’s simply how it works like you’re like why do i have to do that i do not understand why asking me those are just the rules and that’s what people have actually been doing for the last couple of years in order to get a domain so that’s why you need to pay a yearly cost on your domain
technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain name what you’re doing is you’re launching the domain name through a icann licensed domain register why do i state i can license since you can’t get your domain names straight from i can which is once again the nonprofit organization that handles the dns system you have to go through an icann certified domain name 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 which’s what individuals have actually been providing 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 because you’re not really purchasing an owning domain name what you’re doing is renting their domain 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 absolutely managed and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for instance so all these various domain name extensions have various pc registries and the role of the windows registry is just to manage the administrative information for that particular domain nft domain names versus the conventional dns system what’s the difference well the conventional dns system is a centralized system as i mentioned earlier based around icann so you have 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 but like what does that specifically imply a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents an unique digital product in this instance 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 find out that you can’t geta.com.net.org why well you can’t you should currently kind of know why since those are handled by verisign
which is a domain name computer system registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain names right now they just have a dot crypto in dot zo at the time of taping this video the primary difference is that these 2 are connected to different 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 services and features 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 customized crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain names undoubtedly with time as like we have decentralized web host develop gradually it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized website presently it’s not really possible i mean you can do it but it’s pretty technical uh but what’s more crucial is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a lot of novices i believe don’t understand is like when you have actually 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 cash you need to send it to a bitcoin money address and so it gets to be a bit of a headache of handling all these various addresses and if you wish to get payment from particular people you have to give them this address and this address and this address it’s actually a headache like what if there’s simply some method to integrate whatever into something that’s a little bit more sensible easy to use and simple to remember that’s the benefit of using unstoppable domain and establishing something like dot crypto dot zill as a payment gateway since then you can get payments and of all various types of cryptocurrency to one address since when you get whatever established you just jump into your unstoppable domain account and after that you can include your different wallets for your different cryptocurrencies.
There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the cost of declaring your domain with Ethereum.