Unstoppable domain …Turtle Namecoins, San francisco-based company that is offering domain 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is controlled and operated by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply completely decentralized so there’s no governing body there’s absolutely nothing that needs any kind of approval or permission you as the owner own your domain name so in this video i wish to discuss to you whatever that you need to know as a newbie about unstoppable domain names make sure to inspect the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain name registration in fact work i believe
individuals are going to be quite surprised that it’s way more complicated and technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not in fact buying the domain name what you’re doing is you’re launching the domain through a icann certified domain name register why do i state i can certify due to the fact that you can’t get your domain straight from i can which is once again the nonprofit company that manages the dns system you need to go through an icann certified domain name register in order to get a domain name and that’s just 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 which’s what people 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 a yearly fee on your domain because you’re not really purchasing 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 registry that handles that domain extension which is then totally managed and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension
Is unstoppable domains on Ethereum? Turtle Namecoins
is a verisign for example so all these various domain name extensions have various pc registries and the role of the computer system registry is just to handle the administrative data for that particular domain name nft domain versus the conventional 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 accredited domain 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 imply a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents an unique digital product in this instance our domain names dot crypto versus dot zill what’s the difference 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 ought to already kind of understand why since those are handled by verisign which is a domain name computer system registry which is managed by icann that belongs to 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 right now they only have a dot crypto in dot zo at the time of recording this video the main difference is that these two are tied to different block chains that’s it so you have Turtle Namecoins
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 industrialized and you have a bit more services and features constructed around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same personalized crypto addresses that can be established as a payment entrance so this is the main function of unstoppable domain names certainly in time as like we have decentralized web host develop gradually it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not actually possible i suggest you can do it however it’s pretty technical uh.
One-time purchase of domain.
Simplifies method which people communicate with crypto addresses.
Censor resistant domain stored in your wallet.
More functionality than conventional domains.
Supports 276 crypto assets.
Need to invest ETH to claim domain.
Still some question as to whether Unstoppable Domains will achieve widespread 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 connect with crypto addresses. The aim of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to discover IP addresses in order to get to sites, except for crypto addresses.
In this way they have actually prospered greatly, as they have actually produced a domain system that permits users to set up payments for 276 digital possessions under a single domain, while likewise having the ability to be utilized as a completely operating site that can even have dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no yearly renewal costs, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe since once declared the domains exist under your address on blockchain, implying they are as secure as the blockchain itself.
It is doubly safe because this likewise indicates that the domain can not be blocked by anybody other than you, so your website is never ever at risk of being down due to censorship. The website for acquiring the domains is safe too and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends on a 2 main elements, though it should be kept in mind that acquiring a domain is a one-time cost 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 on the domain you choose, as expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with shorter domains costing additional. In addition, there are exceptional domains that cost tens of thousands.
The next element is the gas costs related to utilizing the Ethereum blockchain to declare your domain, since the domains are stored on the Ethereum blockchain, the deal to declare them can be found in ETH and is not included in your preliminary purchase. The gas charges you will pay will depend upon the present expense of ETH and the network blockage at the time of the transaction. In general you can get likely yourself a cheap.crypto domain and claim it for under $50 total.
What Are the Best Features of Unstoppable Domains?
There are a couple of functions of Unstoppable Domains that stand out. The reality that it is a one-time purchase without any yearly renewal is extremely appealing thinking about the method conventional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be removed by anyone besides the owner.
The domains likewise have more functionality than conventional domains because they can be utilized to a payment router, but likewise utilized to develop websites with dApps built straight on them due to the fact that they exist on the blockchain, allowing the use of smart agreements on your site. Turtle Namecoins
Maybe the very best and most appealing feature of Unstoppable Domains is that is offers you a way to have one address for you to receive 276 different crypto possessions, indicating once you set it up you will just 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 receive funds from.
There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.
This might only be a dealbreaker due to the fact that 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 costs. However, this is a one-time deal cost, and unless you decide to sell/transfer your domain to somebody else it will be the extra fee associated with getting your domain.