What Is A Claim Credit On Unstoppable Domains FAQ

This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. What Is A Claim Credit On Unstoppable Domains… These domains can not only be used as totally practical webpages, with decentralized applications (dApps) integrated, however also as a payment center address where users can receive over 275 different crypto coins and tokens. By providing complicated crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.

 

unstoppable domain is a san francisco-based company that is offering domain name extensions that are connected 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 tied 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 operated by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just totally decentralized so there’s no governing body there’s absolutely nothing that requires any kind of approval or permission you as the owner own your domain so in this video i want to describe to you whatever that you need to called a newbie 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 actually work i think

people are going to be rather shocked that it’s way more complex and technical than you imagined 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 launching the domain name through a icann licensed domain register why do i state i can accredit since you can’t get your domain names directly from i can which is once again the nonprofit company that handles the dns system you have to go through an icann accredited domain register in order to get a domain which’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 rules which’s what people have actually been doing for the last couple of decades in order to get a domain name so that’s why you need to pay a yearly cost on your domain names

 

technical than you thought of so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re releasing the domain through a icann licensed domain register why do i state i can certify since you can’t get your domain straight from i can which is once 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 which’s simply 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 and that’s what people have been doing for the last few decades in order to get a domain so that’s why you need to pay a yearly fee on your domain names since you’re not in fact purchasing an owning domain name what you’re doing is leasing their domain 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 completely managed and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for instance so all these different domain extensions have different computer system registries and the role of the windows registry is simply to manage the administrative data for that specific domain nft domain 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 windows registries then you have your icann accredited domain name 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 indicate a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain 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 need to already sort of understand why due to the fact that those are handled by verisign

which is a domain name computer registry which is managed by icann that’s 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 only have a dot crypto in dot zo at the time of recording 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 connected 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 services and features built 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 individualized crypto addresses that can be established as a payment entrance so this is the main function of unstoppable domain names clearly gradually as like we have actually decentralized web host develop over time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized website presently it’s not truly possible i imply you can do it but it’s pretty technical uh but what’s more vital is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a great deal of beginners i think do not understand 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 out that to a litecoin address if you have bitcoin money you have to send it to a bitcoin money address therefore it gets to be a bit of a headache of handling all these different addresses and if you want to get payment from particular people you have 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 remember that’s the advantage of using unstoppable domain 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 various types of cryptocurrency to one address due to the fact that when you get everything established you simply jump into your unstoppable domain account and then you can add in your various wallets for your various cryptocurrencies.

Possible Dealbreakers.

There is only one real potential dealbreaker when it pertains to using Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.