This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains Polygon Metamask… These domains can not just be used as totally functional web pages, with decentralized applications (dApps) integrated, but also as a payment center address where users can receive over 275 different crypto coins and tokens. By offering complicated 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 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 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 simply that they are decentralized so the dns system is managed and operated 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 simply entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or authorization you as the owner own your domain so in this video i wish to describe to you everything that you require to referred to as a novice about unstoppable domain names make certain to inspect the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration in fact work i believe
individuals are going to be rather stunned that it’s way more complex and technical 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 launching the domain through a icann licensed domain name register why do i state i can accredit due to the fact that you can’t get your domain straight from i can which is again the not-for-profit company that manages the dns system you have to go through an icann licensed domain register in order to get a domain name which’s simply how it works like you’re like why do i have to do that i don’t know why asking me those are just the rules which’s what people have been doing for the last few years in order to get a domain so that’s why you need to pay an annual charge on your domain
technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re releasing the domain through a icann certified domain name register why do i say i can certify because you can’t get your domain names directly from i can which is once again the nonprofit organization that manages the dns system you have to go through an icann licensed domain name register in order to get a domain and that’s just how it works like you’re like why do i need to do that i do not know why asking me those are just the rules and that’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 buying an owning domain 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 totally handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension is a verisign for example so all these various domain name extensions have different windows registries and the role of the computer registry is simply to handle the administrative data for that particular domain nft domain versus the traditional dns system what’s the distinction 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 certified domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that particularly mean a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital item in this circumstances our domain names dot crypto versus dot zill what’s the distinction with these two so if you jump 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 must already sort of understand why since those are managed by verisign
which is a domain pc registry which is handled by icann that becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain names you can just get blockchain based domain today they just have a dot crypto in dot zo at the time of taping this video the main distinction is that these two 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 features and services constructed around uh at the ethereum blockchain with a dot crypto domain than you do 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 primary function of unstoppable domain clearly gradually as like we have actually decentralized web host establish over time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site currently it’s not actually possible i suggest you can do it however it’s quite technical uh however 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 great deal of newbies i think don’t comprehend resembles when you have bitcoin you need 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 therefore it gets to be a bit of a headache of handling all these various addresses and if you want to get payment from particular individuals you need to give them this address and this address and this address it’s truly a headache like what if there’s just some way to integrate whatever into something that’s a little bit more rational easy to use and simple 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 various types of cryptocurrency to one address due to the fact that when you get everything established you simply delve into your unstoppable domain names account and after that you can include your various wallets for your different cryptocurrencies.
There is only one genuine prospective dealbreaker when it pertains to utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.