This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Legit… These domains can not just be utilized as fully functional websites, with decentralized applications (dApps) built-in, but likewise as a payment hub address where users can get over 275 different crypto coins and tokens. By giving intricate 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 supplying domain name extensions that are connected to the blockchain instead of being tied 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 connected to the silica blockchain which is an alternative to ethereum the advantage 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 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 nothing that requires any type of approval or consent you as the owner own your domain so in this video i wish to explain to you whatever that you need to referred to as a novice 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 in fact work i believe
people are going to be quite stunned that it’s method more complicated and technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying 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 because you can’t get your domain straight from i can which is again the nonprofit organization that handles the dns system you need to go through an icann accredited 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 know why asking me those are just the guidelines and that’s what people have actually been doing for the last couple of decades in order to get a domain 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 actually purchasing the domain name what you’re doing is you’re launching the domain through a icann licensed domain register why do i say i can license because 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 name and that’s simply how it works like you’re like why do i need to do that i do not know why asking me those are simply the rules which’s what people have been providing for the last few decades in order to get a domain name so that’s why you need to pay a yearly cost on your domain names since you’re not really 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 windows registry that manages that domain name extension which is then completely managed and organized by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension is a verisign for instance so all these different domain name extensions have various windows registries and the role of the computer system registry is simply to manage the administrative data for that particular domain nft domain names versus the standard dns system what’s the difference well the traditional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain computer system 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 however like what does that particularly indicate a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents a special digital product in this instance our domain dot crypto versus dot zill what’s the difference with these two 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 should currently sort of know why since those are handled by verisign
which is a domain name computer system 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 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 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 developed and you have a bit more services and features developed around uh at the ethereum blockchain with a dot crypto domain than you finish with a dot zill but functionally speaking they are the same personalized crypto addresses that can be established as a payment entrance so this is the main function of unstoppable domain names certainly gradually as like we have actually decentralized webhosting establish with time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized website presently it’s not truly possible i indicate you can do it but it’s pretty technical uh however what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a lot of novices i think do not understand resembles when you have actually bitcoin you have to send it to a specific 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 managing all these various addresses and if you wish to get payment from specific individuals you have 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 bit more rational easy to use and simple to remember that’s the advantage of using unstoppable domain and establishing something like dot crypto dot zill as a payment entrance because then you can receive payments and of all various types of cryptocurrency to one address because when you get everything established you just jump into your unstoppable domain account and then you can include your various wallets for your different cryptocurrencies.
There is only one real possible dealbreaker when it pertains to using Unstoppable Domains, and that is the expense of claiming your domain with Ethereum.