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permission you as the owner own your domain …Namecoin Blockstack Ens… need to called a newbie about unstoppable domain make certain to examine 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 purchase a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain pc registry. If it’s a.com domain you’re relying on the computer registry not to change rates or take the domain away from you in the future.

individuals are going to be quite stunned that it’s way more complicated and technical than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not actually buying the domain name what you’re doing is you’re launching the domain name through a icann certified domain name register why do i say i can license since you can’t get your domain names directly from i can which is again the not-for-profit company that manages the dns system you need to go through an icann certified domain register in order to get a domain which’s just how it works like you’re like why do i need to do that i don’t understand why asking me those are simply the guidelines and that’s what individuals have been providing for the last couple of years in order to get a domain name so that’s why you require to pay a yearly cost on your domain because you’re not in fact 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 registry that manages that domain name extension which is then absolutely handled and organized by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension

Is unstoppable domains on Ethereum? Namecoin Blockstack Ens

is a verisign for instance so all these various domain extensions have different pc registries and the function of the computer system registry is simply to handle the administrative information for that specific domain nft domain versus the conventional dns system what’s the distinction well the traditional dns system is a centralized system as i mentioned earlier based around icann so you have icann you have your domain computer registries then you have your icann licensed 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 specifically suggest 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 instance our domain names dot crypto versus dot zill what’s the distinction with these two so if you leap 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 already kind of know why because those are handled by verisign which is a domain computer registry which is handled by icann that becomes 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 taping this video the primary difference is that these two are tied to different block chains that’s it so you have Namecoin Blockstack Ens

https://www.youtube.com/watch?v=2HNAaf6rIec

 

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 bit more services and functions developed around uh at the ethereum blockchain with a dot crypto domain than you do with a dot zill but 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 clearly over time as like we have decentralized webhosting establish gradually it will be possible to utilize 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.

Pros.

One-time purchase of domain.

Streamlines method which individuals engage with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than traditional domains.

Supports 276 crypto assets.

Cons.

Have to invest ETH to claim domain.

Still some question as to 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 existing CEO, who saw a need for it to be easier for users to interact with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that came into location, so users did not need to find out IP addresses in order to get to websites, except for crypto addresses.

In this manner they have actually prospered significantly, as they have actually created a domain system that permits users to establish payments for 276 digital properties under a single domain, while also having the ability to be used as a fully working website that can even have dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With no yearly renewal and a single payment fees, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe because as soon as claimed the domains exist under your address on blockchain, implying 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 besides you, so your site is never at risk of being down due to censorship. The site for buying the domains is safe too and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 primary elements, though it ought to be noted that buying a domain is a one-time cost and needs no annual 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 upon the domain you choose, as cost 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 factor is the gas costs associated with using the Ethereum blockchain to declare your domain, because the domains are saved on the Ethereum blockchain, the deal to claim them can be found in ETH and is not consisted of in your preliminary purchase. The gas charges you will pay will depend on the existing expense of ETH and the network blockage 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 Best Features of Unstoppable Domains?

There are a couple of features of Unstoppable Domains that stand out. The reality that it is a one-time purchase with no annual renewal is very enticing thinking about the method conventional 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 performance than conventional domains due to the fact that they can be used to a payment router, but also used to produce websites with dApps constructed directly on them since they exist on the blockchain, allowing the use of wise contracts on your website. Namecoin Blockstack Ens

Perhaps the best and most appealing function of Unstoppable Domains is that is offers you a method to have one address for you to get 276 different crypto possessions, implying once you set it up you will only ever need to know your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is much easier not only for you, but for anybody who you wish to get funds from.

https://www.youtube.com/watch?v=Zm6uZzZwLSg

 

Possible Dealbreakers.

There is only one real possible dealbreaker when it pertains to utilizing Unstoppable Domains, which 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 believe it is unreasonable to pay the gas charges. This is a one-time transaction cost, and unless you choose to sell/transfer your domain to somebody else it will be the extra charge associated with getting your domain.