The blockchain and they are just completely decentralized …Unstoppable Domains Podcast…so there’s no governing body there’s absolutely nothing that needs any kind of approval or consent you as the owner own your domain so in this video i wish to discuss to you everything that you need to referred to as a novice about unstoppable domain make certain to check the links in the description for time stamps and any resources discussed in this video so let’s begin how does domain name registration really work i believe
– Right now, when you go to acquire a domain name you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain pc registry. If it’s a.com domain you’re trusting the computer registry not to alter prices or take the domain away from you in the future.
people are going to be rather shocked that it’s method more complicated and technical than you imagined so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re launching the domain through a icann accredited domain name 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 organization that manages the dns system you need to go through an icann licensed domain register in order to get a domain and that’s simply how it works like you’re like why do i need to do that i do not understand why asking me those are simply the rules which’s what people have been doing for the last few years in order to get a domain name so that’s why you require 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 so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the registry that handles that domain name extension which is then totally managed and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension
Is unstoppable domains on Ethereum? Unstoppable Domains Podcast
is a verisign for instance so all these various domain name extensions have various pc registries and the function of the windows registry is just to manage the administrative data for that particular domain name nft domain names versus the conventional dns system what’s the difference well the traditional dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and alter it but like what does that particularly suggest a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a special digital item in this circumstances our domain names dot crypto versus dot zill what’s the difference with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to discover that you can’t geta.com.net.org why well you can’t you should already kind of know why due to the fact that those are managed by verisign which is a domain computer system registry which is managed by icann that becomes part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can just get blockchain based domain right now they just have a dot crypto in dot zo at the time of recording this video the main difference is that these 2 are connected to various block chains that’s it so you have Unstoppable Domains Podcast
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 industrialized and you have a little bit more features and services built around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill however functionally speaking they are the same tailored crypto addresses that can be established as a payment gateway so this is the main function of unstoppable domain names obviously over time as like we have decentralized web host establish with time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized site currently it’s not really possible i imply you can do it but it’s quite technical uh.
One-time purchase of domain.
Simplifies way in which people interact with crypto addresses.
Censor resistant domain stored in your wallet.
More performance than conventional domains.
Supports 276 crypto assets.
Need to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will accomplish extensive adoption.
Some domains are still pre-sale only.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a need for it to be simpler for users to communicate with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that entered into location, so users did not have to learn IP addresses in order to get to websites, except for crypto addresses.
In this manner they have actually succeeded considerably, as they have actually developed a domain system that allows users to set up payments for 276 digital properties under a single domain, while likewise being able to be used as a completely working site that can even have dApps constructed onto them because the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is extremely safe because when claimed the domains exist under your address on blockchain, meaning they are as secure as the blockchain itself.
It is doubly safe due to the fact that this likewise implies that the domain can not be blocked by anyone aside from you, so your site is never ever at risk of being down due to censorship. The site for acquiring the domains is safe also and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a two primary aspects, though it must be kept in mind that acquiring a domain is a one-time cost and needs no yearly renewals of any sort.
The first aspect is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you pick, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain name, with shorter domains costing additional. In addition, there are exceptional domains that cost 10s of thousands.
The next element is the gas costs related to using the Ethereum blockchain to declare your domain, due to the fact that the domains are kept on the Ethereum blockchain, the deal to claim them comes in ETH and is not consisted of in your initial purchase. The gas fees you will pay will depend upon the present cost of ETH and the network congestion at the time of the transaction. Overall you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.
What Are the very best Features of Unstoppable Domains?
There are a few features of Unstoppable Domains that stick out. The fact that it is a one-time purchase without any annual renewal is very enticing thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, implying it can not be taken down by anyone aside from the owner.
The domains also have more functionality than conventional domains because they can be utilized to a payment router, but also utilized to produce websites with dApps developed directly on them because they exist on the blockchain, allowing the use of clever agreements on your site. Unstoppable Domains Podcast
Perhaps the very best and most appealing feature of Unstoppable Domains is that is supplies you a way to have one address for you to get 276 different crypto properties, implying once you set it up you will just ever require to understand your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is easier not only for you, but for anyone who you wish to get funds from.
There is only one genuine possible dealbreaker when it pertains to utilizing Unstoppable Domains, which is the cost of declaring your domain with Ethereum.
This may only be a dealbreaker because you do not have any Ethereum at your address and need to purchase some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas charges. Nevertheless, this is a one-time deal charge, and unless you decide to sell/transfer your domain to another person it will be the additional cost associated with getting your domain.