This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains… These domains can not just be utilized as totally practical websites, with decentralized applications (dApps) integrated, however likewise as a payment center address where users can get 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 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 extension which is connected 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 managed 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 simply 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 discuss to you whatever that you require to referred to as a novice about unstoppable domain ensure to examine the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain registration in fact work i think
people are going to be rather surprised that it’s method more complicated and technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re releasing the domain through a icann licensed domain name register why do i say i can license due to the fact that you can’t get your domain straight from i can which is once again the nonprofit organization that manages the dns system you need to go through an icann certified domain register in order to get a domain which’s just how it works like you resemble why do i have to do that i don’t know why asking me those are simply the guidelines and that’s what people have been providing 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 purchasing the domain name what you’re doing is you’re releasing the domain through a icann certified domain name register why do i state i can accredit because you can’t get your domain names straight from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann licensed domain register in order to get a domain name which’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 rules which’s what people have actually been doing for the last few years in order to get a domain so that’s why you need to pay an annual cost on your domain because you’re not in fact buying an owning domain 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 registry that manages that domain extension which is then totally handled and arranged 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 various domain name extensions have different windows registries and the role of the computer system registry is just to handle the administrative information for that specific domain name nft domain names versus the standard dns system what’s the distinction well the standard dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain pc registries then you have your icann licensed domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it however like what does that specifically indicate a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents a distinct digital item in this instance our domain names dot crypto versus dot zill what’s the distinction 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 ought to already type of know why due to the fact that those are managed 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 through unstoppable domain you can just get blockchain based domain names today they only have a dot crypto in dot zo at the time of taping this video the main distinction is that these two are tied to different 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 little bit more functions and services 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 individualized crypto addresses that can be established as a payment entrance so this is the main feature of unstoppable domain certainly gradually as like we have decentralized webhosting establish with time it will be possible to utilize like a decentralized domain and a decentralized web host to create your own decentralized website presently it’s not truly possible i imply 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 novices i think don’t understand is like when you have 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 cash 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 people 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 combine whatever into something that’s a little bit more sensible easy to use and easy to bear in mind that’s the benefit of using unstoppable domain names and setting up something like dot crypto dot zill as a payment gateway due to the fact that then you can receive payments and of all different types of cryptocurrency to one address because when you get everything set up you simply delve into your unstoppable domain account and then you can include your different wallets for your various cryptocurrencies.
There is only one real possible dealbreaker when it pertains to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.