directly from i can which is again the nonprofit company …Namecoin √Ê¬Ω√Ê¬Æ√Ê¬≤√Ê¬Æ√Ë¬Å√Ë‚Äö√Ê¬∏…that handles the dns system you need to go through an icann certified domain name register in order to get a domain which’s just how it works like you resemble why do i need to do that i do not know why asking me those are simply the guidelines which’s what individuals have actually been providing for the last couple of decades in order to get a domain name so that’s why you need to pay an annual cost on your domain due to the fact that you’re not actually purchasing an owning domain what you’re doing is leasing 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 extension which is then absolutely 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? Namecoin √Ê¬Ω√Ê¬Æ√Ê¬≤√Ê¬Æ√Ë¬Å√Ë‚Äö√Ê¬∏
is a verisign for instance so all these different domain extensions have various pc registries and the function of the computer system registry is simply to handle the administrative data for that specific domain nft domain names versus the standard dns system what’s the distinction well the standard dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain computer system 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 but like what does that particularly mean a non-fungible token is simply a piece of data found on a blockchain that is verifiable and represents a distinct digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference with these two 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 must already type of know why because those are handled by verisign which is a domain windows registry which is handled 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 only get blockchain based domain names 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 different block chains that’s it so you have Namecoin √Ê¬Ω√Ê¬Æ√Ê¬≤√Ê¬Æ√Ë¬Å√Ë‚Äö√Ê¬∏
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 developed and you have a bit more features and services developed 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 personalized crypto addresses that can be set up as a payment gateway so this is the primary feature of unstoppable domain clearly gradually as like we have decentralized webhosting establish over time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized website currently it’s not truly possible i mean you can do it however it’s pretty technical uh.
One-time purchase of domain.
Streamlines method which people connect with crypto addresses.
Censor resistant domain kept in your wallet.
More performance than standard domains.
Supports 276 crypto properties.
Have to invest ETH to claim domain.
Still some question regarding whether Unstoppable Domains will achieve prevalent adoption.
Some domains are still pre-sale only.
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a requirement for it to be much easier for users to engage with crypto addresses. The objective 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 websites, except for crypto addresses.
In this way they have actually succeeded significantly, as they have actually produced a domain system that enables users to establish payments for 276 digital possessions under a single domain, while likewise having the ability to be used as a completely working site that can even have actually dApps built onto them since the domain is hosted on the blockchain. With no annual renewal and a single payment charges, Unstoppable Domains is an interesting tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe since once claimed the domains exist under your address on blockchain, implying they are as safe and secure as the blockchain itself.
It is doubly safe due to the fact that this also means that the domain can not be blocked by anybody aside from you, so your website is never ever at risk of being down due to censorship. The site for acquiring the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends upon a 2 primary aspects, though it ought to be noted that acquiring a domain is a one-time cost and requires no yearly renewals of any sort.
The very first aspect is the expense of the domain itself, this can vary from $20 USD to well over $1000 USD depending upon the domain you pick, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing extra. In addition, there are premium domains that cost tens of thousands.
The next aspect is the gas charges connected with using the Ethereum blockchain to claim your domain, because the domains are saved on the Ethereum blockchain, the deal to declare them can be found in ETH and is not consisted of in your initial purchase. The gas costs you will pay will depend on the existing expense of ETH and the network congestion at the time of the transaction. In general you can get most likely yourself a cheap.crypto domain and claim it for under $50 total.
What Are the very best Features 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 annual renewal is incredibly attractive considering the way standard domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anybody aside from the owner.
The domains likewise have more functionality than traditional domains because they can be used to a payment router, but also used to develop sites with dApps developed directly on them because they exist on the blockchain, allowing the use of wise contracts on your site. Namecoin √Ê¬Ω√Ê¬Æ√Ê¬≤√Ê¬Æ√Ë¬Å√Ë‚Äö√Ê¬∏
Possibly the very best and most attractive function of Unstoppable Domains is that is offers you a way to have one address for you to receive 276 different crypto assets, meaning 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 just for you, but for anyone who you want to receive funds from.
There is only one genuine possible dealbreaker when it comes to using Unstoppable Domains, which is the cost of claiming your domain with Ethereum.
This may only be a dealbreaker since you do not have any Ethereum at your address and require to buy some in order to declare your domain, or if for some reason you think it is unreasonable to pay the gas costs. Nevertheless, this is a one-time transaction cost, and unless you choose to sell/transfer your domain to someone else it will be the additional fee associated with getting your domain.