This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Unstoppable Domains How To Mint… These domains can not just be utilized as totally functional web pages, with decentralized applications (dApps) built-in, however likewise as a payment hub address where users can receive over 275 various crypto coins and tokens. By providing complicated crypto addresses a human readable name, Unstoppable Domains aims to be the domain addresses of the future.
unstoppable domain names is a san francisco-based company that is providing domain extensions that are connected to the blockchain instead of being tied to the dns system particularly you can get a dot crypto which is tied 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 benefit of using these blockchain based domain 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 just entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or approval you as the owner own your domain name so in this video i want to discuss to you whatever that you need to called a novice about unstoppable domain ensure to check 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 thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re releasing the domain name through a icann certified domain register why do i state i can accredit because you can’t get your domain names directly from i can which is 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 name which’s just how it works like you’re like why do i have to do that i don’t understand why asking me those are simply the rules which’s what individuals have actually been providing for the last couple of years in order to get a domain so that’s why you require to pay a yearly cost on your domain names
technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not really buying the domain what you’re doing is you’re releasing the domain through a icann accredited domain name register why do i say i can accredit since you can’t get your domain directly from i can which is again the not-for-profit organization that manages the dns system you have to go through an icann certified domain name register in order to get a domain name 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 simply the guidelines which’s what individuals have been doing for the last couple of years in order to get a domain name so that’s why you need to pay an annual cost on your domain since you’re not in fact purchasing an owning domain name 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 system registry that manages that domain name extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension is a verisign for example so all these various domain extensions have various computer registries and the function of the pc registry is simply to manage the administrative data for that specific domain nft domain names versus the conventional dns system what’s the difference well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain 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 but like what does that specifically suggest 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 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 must already type of know why due to the fact that those are managed by verisign
which is a domain 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 names you can just get blockchain based domain today they just have a dot crypto in dot zo at the time of recording this video the primary difference 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 connected to the silica block durian blockchain is way more developed and you have a bit more services and functions constructed around uh at the ethereum blockchain with a dot crypto domain name than you do with a dot zill but functionally speaking they are the same customized crypto addresses that can be established as a payment gateway so this is the primary feature of unstoppable domain names obviously in time as like we have actually decentralized webhosting establish in time it will be possible to utilize like a decentralized domain name and a decentralized web host to develop your own decentralized site presently it’s not truly possible i mean you can do it however it’s pretty technical uh but what’s more crucial is that you can establish your dot crypto address or your dot zill address as a payment gateway so what a great deal of beginners i think don’t understand resembles when you have actually bitcoin you have to send it to a particular bitcoin address if you have white coin you have to send out that to a litecoin address if you have bitcoin money you need to send it to a bitcoin money address therefore it gets to be a bit of a headache of managing all these different addresses and if you want to get payment from specific people you need to give them this address and this address and this address it’s truly a headache like what if there’s simply some method to combine everything into something that’s a little bit more logical easy to use and simple to bear in mind that’s the benefit of using unstoppable domain and setting up something like dot crypto dot zill as a payment gateway since then you can get payments and of all different kinds of cryptocurrency to one address because when you get everything set up you just delve into your unstoppable domain account and after that you can add in your different wallets for your various cryptocurrencies.
There is only one genuine prospective dealbreaker when it comes to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.