Find Crypto Domain Expert

 

This is where Unstoppable Domains intends to assist drive adoption of crypto. Crypto Domain Expert…With their blockchain domains. These domains can not just be used as totally practical websites, with decentralized applications (dApps) integrated, but also as a payment hub address where users can get over 275 different crypto coins and tokens. By giving complicated crypto addresses a human readable name, Unstoppable Domains intends to be the domain addresses of the future.

 

unstoppable domain is a san francisco-based business that is providing domain extensions that are connected to the blockchain instead of being tied to the dns system particularly you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain name extension which is tied 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 managed and operated by icann so anything always 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 absolutely nothing that requires any kind of approval or consent you as the owner own your domain name so in this video i wish to discuss to you whatever that you need to referred to as a beginner about unstoppable domain names make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration really work i believe

individuals are going to be rather stunned that it’s method more complex and technical than you pictured so when you go to somewhere like namecheap.com or godaddy.com you’re not really buying the domain name what you’re doing is you’re launching the domain through a icann accredited domain register why do i say i can certify due to the fact that you can’t get your domain names directly from i can which is again the not-for-profit company that handles the dns system you have to go through an icann accredited domain name register in order to get a domain which’s just how it works like you’re like why do i have to do that i do not understand why asking me those are simply the rules and that’s what individuals have been providing for the last few years in order to get a domain name so that’s why you need to pay an annual charge on your domain names because you’re not actually purchasing an owning domain 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 computer system registry that handles that domain extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension

Is unstoppable domains on Ethereum? Crypto Domain Expert

is a verisign for example so all these different domain name extensions have various computer registries and the role of the computer registry is simply to manage the administrative information for that specific domain nft domain versus the traditional dns system what’s the difference well the standard dns system is a central system as i mentioned earlier based around icann so you have actually icann you have your domain computer registries then you have your icann licensed 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 mean a non-fungible token is simply a piece of information discovered on a blockchain that is verifiable and represents a special digital product in this instance 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 should currently kind of understand why because those are managed by verisign which is a domain 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 you can only get blockchain based domain right now 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 various block chains that’s it so you have Crypto Domain Expert

 

your dot crypto which is tied 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 little bit more services and functions built around uh at the ethereum blockchain with a dot crypto domain than you finish 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 primary function of unstoppable domain names obviously over time as like we have decentralized webhosting develop in time it will be possible to use like a decentralized domain and a decentralized web host to create your own decentralized site presently it’s not actually possible i suggest you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines method which people interact with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than standard domains.

Supports 276 crypto properties.

Cons.

Need 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 need 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 entered location, so users did not need to find out IP addresses in order to get to sites, except for crypto addresses.

In this manner they have been successful significantly, as they have produced a domain system that allows users to set up payments for 276 digital assets under a single domain name, while also being able to be used as a totally functioning website that can even have dApps built onto them since 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 exceptionally safe since as soon as declared the domains exist under your address on blockchain, indicating they are as safe and secure as the blockchain itself.

It is doubly safe since this also indicates that the domain can not be obstructed by anybody aside from you, so your site is never ever at risk of being down due to censorship. The site for purchasing the domains is safe also and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends upon a 2 main elements, though it needs to be kept in mind that buying a domain is a one-time cost and requires no yearly renewals of any sort.

The very first element is the cost of the domain itself, this can vary from $20 USD to well over $1000 USD depending on the domain you select, as expense is based on domain type (. crypto is more than.wallet for example), and the length of the domain name, with much shorter domains costing additional. In addition, there are premium domains that cost 10s of thousands.

The next factor is the gas fees connected with using the Ethereum blockchain to claim your domain, because the domains are stored on the Ethereum blockchain, the deal to claim them can be found in ETH and is not consisted of in your initial purchase. The gas costs you will pay will depend upon the existing cost of ETH and the network congestion at the time of the deal. 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 few functions of Unstoppable Domains that stand apart. The fact that it is a one-time purchase with no yearly renewal is very attractive considering the way standard domain ownership works, and in addition, the domain is censor resistant, implying it can not be removed by anybody other than the owner.

The domains also have more functionality than standard domains due to the fact that they can be used to a payment router, but likewise utilized to develop sites with dApps constructed directly on them because they exist on the blockchain, allowing the use of smart agreements on your site. Crypto Domain Expert

Maybe the best and most enticing feature of Unstoppable Domains is that is provides you a method to have one address for you to get 276 different crypto possessions, suggesting 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 much easier not just for you, but for anybody who you wish to get funds from.

 

Possible Dealbreakers.

There is only one real potential dealbreaker when it comes to utilizing Unstoppable Domains, which is the expense of declaring your domain with Ethereum.

This might just be a dealbreaker because you do not have any Ethereum at your address and need to acquire some in order to claim your domain, or if for some reason you think it is unreasonable to pay the gas costs. This is a one-time transaction charge, and unless you choose to sell/transfer your domain to somebody else it will be the additional fee associated with getting your domain.