This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. Ledger Unstoppable Domains… These domains can not just be utilized as fully practical webpages, with decentralized applications (dApps) built-in, however also as a payment center address where users can receive over 275 different crypto coins and tokens. By giving complex 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 supplying domain name extensions that are connected to the blockchain instead of being connected 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 extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled and run by icann so anything constantly requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are just totally decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or consent you as the owner own your domain so in this video i want to explain to you everything that you require to know as a novice about unstoppable domain make certain to check the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain name registration actually work i think
people are going to be quite shocked that it’s method more technical and complicated than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact 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 organization that handles the dns system you need to go through an icann licensed 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 just the rules and that’s what people have actually been providing for the last few decades in order to get a domain name so that’s why you need to pay an annual charge on your domain names
technical than you imagined 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 through a icann certified domain name register why do i say i can license since you can’t get your domain names directly from i can which is again the not-for-profit company that manages the dns system you need to go through an icann accredited domain register in order to get a domain name which’s simply how it works like you’re like why do i need to do that i don’t understand why asking me those are simply the guidelines and that’s what individuals have actually been providing 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 names since you’re not in fact buying 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 windows registry that manages that domain extension which is then completely managed 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 example so all these different domain extensions have various windows registries and the function of the registry is just to handle the administrative information for that particular domain name nft domain names versus the conventional 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 registries then you have your icann accredited domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it however like what does that particularly imply a non-fungible token is just a piece of information found on a blockchain that is verifiable and represents a special digital item in this circumstances our domain 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 should currently sort of know why because those are handled by verisign
which is a domain name registry which is managed by icann that becomes part of the dns system that’s why you can’t get those types of domain names through unstoppable domain you can just get blockchain based domain today they only have a dot crypto in dot zo at the time of taping this video the primary difference is that these 2 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 little bit more features and services constructed 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 set up as a payment gateway so this is the main function of unstoppable domain names obviously in time as like we have decentralized web host establish in time it will be possible to use like a decentralized domain name and a decentralized webhosting to develop your own decentralized website currently it’s not truly possible i suggest you can do it but it’s pretty technical uh however what’s more important is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a great deal of newbies i think don’t comprehend resembles when you have actually 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 managing all these different addresses and if you wish to get payment from particular people you have to provide 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 remember that’s the advantage of using unstoppable domain and establishing something like dot crypto dot zill as a payment entrance due to the fact that then you can get payments and of all various types of cryptocurrency to one address due to the fact that when you get everything set up you simply jump into your unstoppable domain account and then you can add in your different wallets for your various cryptocurrencies.
There is only one real prospective dealbreaker when it concerns using Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.