This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. .Zil Domain… These domains can not only be utilized as totally 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 offering complex crypto addresses a human legible name, Unstoppable Domains intends to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company that is providing 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 tied 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 advantage of using these blockchain based domain extensions is simply that they are decentralized so the dns system is controlled 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 nothing that requires any type of approval or authorization you as the owner own your domain so in this video i want to describe to you everything that you require to called a newbie about unstoppable domain names make sure to examine the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration actually work i think
people are going to be rather surprised that it’s method more complex and technical than you envisioned 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 name through a icann certified domain register why do i state i can certify because you can’t get your domain directly from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann certified domain register in order to get a domain name and that’s simply how it works like you resemble why do i have to do that i don’t understand why asking me those are simply 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 a yearly cost on your domain
technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain what you’re doing is you’re launching the domain through a icann certified domain register why do i say i can certify because you can’t get your domain names directly from i can which is again the not-for-profit company that handles the dns system you have 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 have to do that i do not 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 name so that’s why you require to pay an annual fee on your domain names because you’re not really purchasing an owning domain 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 computer system registry that manages 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 system registry for that extension is a verisign for instance so all these various domain extensions have different pc registries and the role of the windows registry is simply to manage the administrative information for that specific domain name nft domain versus the standard dns system what’s the difference well the conventional dns system is a central 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 name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it but like what does that specifically suggest a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a special digital item in this instance our domain names 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 learn that you can’t geta.com.net.org why well you can’t you need to currently type of understand why because those are managed by verisign
which is a domain name pc registry which is handled by icann that’s part of the dns system that’s why you can’t get those types of domain names through unstoppable domain you can only get blockchain based domain names right now 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 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 tied to the silica block durian blockchain is way more developed and you have a bit more features and services developed around uh at the ethereum blockchain with a dot crypto domain than you finish 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 names obviously with time as like we have actually decentralized web host develop over time it will be possible to utilize like a decentralized domain and a decentralized webhosting to produce your own decentralized website currently it’s not actually possible i indicate 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 entrance so what a lot of beginners i think 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 have to send it to a bitcoin cash address therefore it gets to be a little bit of a headache of handling all these various addresses and if you wish to get payment from specific people you need to provide this address and this address and this address it’s truly a headache like what if there’s just some method to combine whatever into something that’s a little bit more rational easy to use and easy to remember that’s the advantage of using unstoppable domain and establishing something like dot crypto dot zill as a payment gateway since then you can receive payments and of all various kinds of cryptocurrency to one address because when you get whatever established you just 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 comes to using Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.