Of using these blockchain based domain name extensions…Blockchain.Com Domain… is just that they are decentralized so the dns system is controlled and run by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply totally decentralized so there’s no governing body there’s nothing that requires any type of approval or consent you as the owner own your domain name so in this video i wish to explain to you whatever that you require to know as a novice about unstoppable domain make certain to inspect the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration really work i believe
– Right now, when you go to buy a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain 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 quite surprised that it’s method more complex and 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 accredited domain register why do i say 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 have to go through an icann certified domain name register in order to get a domain and that’s simply 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 guidelines and that’s what individuals have been providing for the last couple of decades in order to get a domain name 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 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 registry that handles that domain extension which is then totally handled and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension
Is unstoppable domains on Ethereum? Blockchain.Com Domain
is a verisign for instance so all these various domain name extensions have various computer registries and the function of the pc registry is simply to manage the administrative data for that particular domain name nft domain names versus the standard dns system what’s the difference well the standard dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain pc registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it but like what does that particularly indicate a non-fungible token is simply a piece of information found on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain dot crypto versus dot zill what’s the difference with these 2 so if you leap 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 ought to currently sort of know why since those are handled 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 names you can only get blockchain based domain names today they just have a dot crypto in dot zo at the time of recording this video the main distinction is that these two are tied to different block chains that’s it so you have Blockchain.Com Domain
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 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 individualized crypto addresses that can be established as a payment gateway so this is the primary feature of unstoppable domain undoubtedly gradually as like we have decentralized web host develop with time it will be possible to utilize like a decentralized domain and a decentralized web host to produce your own decentralized site currently it’s not truly possible i imply you can do it but it’s pretty technical uh.
One-time purchase of domain.
Streamlines way in which people communicate with crypto addresses.
Censor resistant domain saved in your wallet.
More functionality than conventional domains.
Supports 276 crypto assets.
Have to spend ETH to claim domain.
Still some question regarding whether Unstoppable Domains will accomplish prevalent adoption.
Some domains are still pre-sale just.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a requirement for it to be simpler for users to interact with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that came into place, so users did not need to find out IP addresses in order to get to sites, except for crypto addresses.
In this way they have actually succeeded significantly, as they have created a domain system that permits users to set up payments for 276 digital properties under a single domain, while also having the ability to be used as a fully working site that can even have dApps constructed onto them because the domain is hosted on the blockchain. With a single payment and no annual renewal fees, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is exceptionally safe since when claimed the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.
It is twice as safe since this also indicates that the domain can not be obstructed by anybody other than you, so your site is never at risk of being down due to censorship. The site for acquiring the domains is safe as well and can be protected with two-factor authentication.
Just How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 primary elements, though it should be kept in mind that purchasing a domain is a one-time expense and requires no annual renewals of any sort.
The first factor is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you choose, as cost is based upon domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing additional. In addition, there are superior domains that cost tens of thousands.
The next element is the gas costs associated with utilizing the Ethereum blockchain to claim your domain, due to the fact that the domains are kept on the Ethereum blockchain, the transaction to declare them comes in ETH and is not consisted of in your initial purchase. The gas fees you will pay will depend on the current expense of ETH and the network blockage at the time of the transaction. Overall you can get likely yourself a cheap.crypto domain and claim it for under $50 overall.
What Are the very best Functions of Unstoppable Domains?
There are a couple of functions of Unstoppable Domains that stand out. The fact that it is a one-time purchase without any yearly renewal is extremely attractive considering the way conventional domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anybody other than the owner.
The domains also have more performance than standard domains due to the fact that they can be used to a payment router, but likewise used to develop websites with dApps developed directly on them due to the fact that they exist on the blockchain, allowing the use of clever agreements on your website. Blockchain.Com Domain
Possibly the very best and most appealing function of Unstoppable Domains is that is offers you a method to have one address for you to receive 276 various crypto properties, indicating once you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is much easier not only for you, but for anybody who you want to get funds from.
There is only one genuine possible dealbreaker when it comes to using Unstoppable Domains, and that is the cost of declaring your domain with Ethereum.
This might only be a dealbreaker because you do not have any Ethereum at your address and require to buy some in order to claim your domain, or if for some reason you think it is unreasonable to pay the gas fees. However, this is a one-time deal charge, and unless you decide to sell/transfer your domain to someone else it will be the additional cost connected with getting your domain.