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authorization you as the owner own your domain …Namecoin Explorer… need to referred to as a beginner about unstoppable domain make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain registration in fact work i think

 

– Right now, when you go to buy a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain windows registry. If it’s a.com domain you’re relying on the windows registry not to alter costs or take the domain away from you in the future.

individuals are going to be quite shocked that it’s way more complicated and technical than you envisioned so when you go to somewhere like namecheap.com or godaddy.com you’re not really purchasing the domain what you’re doing is you’re releasing the domain through a icann certified domain name register why do i state i can certify because you can’t get your domain names directly from i can which is once again the not-for-profit company that handles the dns system you need to go through an icann certified domain register in order to get a domain which’s simply how it works like you’re like why do i need to do that i do not understand why asking me those are simply the guidelines which’s what individuals have actually been doing for the last couple of decades in order to get a domain so that’s why you require to pay a yearly fee on your domain names since you’re not really buying an owning domain name 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 handles that domain name extension which is then completely managed and arranged by icann broadly speaking so like when you get it.com.net.org the windows registry for that extension

Is unstoppable domains on Ethereum? Namecoin Explorer

is a verisign for example so all these various domain name extensions have different registries and the role of the computer system registry is just to manage the administrative data for that specific domain nft domain names versus the traditional 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 windows registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and alter it however like what does that specifically mean a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents a special digital product in this instance 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 find out that you can’t geta.com.net.org why well you can’t you should already sort of understand why due to the fact that those are managed by verisign which is a domain name computer system 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 you can only get blockchain based domain today they only have a dot crypto in dot zo at the time of taping this video the main difference is that these 2 are tied to various block chains that’s it so you have Namecoin Explorer

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 industrialized and you have a little bit more features and services built 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 individualized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain certainly gradually as like we have actually decentralized webhosting establish with time it will be possible to use like a decentralized domain and a decentralized web host to develop your own decentralized website presently it’s not truly possible i indicate you can do it but it’s quite technical uh.

Pros.

One-time purchase of domain.

Simplifies method which people communicate with crypto addresses.

Censor resistant domain saved in your wallet.

More performance than standard domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some concern 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 current CEO, who saw a need for it to be simpler for users to communicate with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered into location, so users did not have to find out IP addresses in order to get to websites, except for crypto addresses.

In this manner they have actually been successful greatly, as they have actually created a domain system that enables users to establish payments for 276 digital possessions under a single domain, while likewise being able to be used as a fully working website that can even have actually dApps developed onto them because 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 exceptionally safe due to the fact that when declared the domains exist under your address on blockchain, suggesting they are as safe and secure as the blockchain itself.

It is doubly safe since this likewise implies 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 purchasing the domains is safe too and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

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

The first aspect 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 instance), and the length of the domain, with shorter domains costing additional. In addition, there are premium domains that cost 10s of thousands.

The next factor is the gas costs related to using the Ethereum blockchain to declare your domain, due to the fact that the domains are stored on the Ethereum blockchain, the deal to declare them is available in ETH and is not consisted of in your initial purchase. The gas charges you will pay will depend on the existing expense of ETH and the network blockage at the time of the deal. In general you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the very best Features of Unstoppable Domains?

There are a couple of functions of Unstoppable Domains that stand out. The truth that it is a one-time purchase without any annual renewal is extremely appealing considering the method standard domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be taken down by anybody other than the owner.

The domains likewise have more performance than conventional domains due to the fact that they can be utilized to a payment router, but likewise utilized to produce websites with dApps built directly on them since they exist on the blockchain, allowing the use of clever contracts on your website. Namecoin Explorer

Maybe the best and most appealing function of Unstoppable Domains is that is supplies you a method to have one address for you to get 276 various crypto possessions, meaning when you set it up you will only ever need to know your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is simpler not just for you, but for anyone who you wish to receive funds from.

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

 

Prospective Dealbreakers.

There is only one real possible dealbreaker when it comes to using Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.

This may just 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 costs. This is a one-time deal cost, and unless you choose to sell/transfer your domain to somebody else it will be the additional cost associated with getting your domain.