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permission you as the owner own your domain name …Namecoin Private Key… need to called a newbie about unstoppable domain ensure to inspect the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration actually work i believe

 

– Right now, when you go to purchase a domain name you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain pc registry. If it’s a.com domain you’re relying on the computer registry not to alter costs or take the domain away from you in the future.

people are going to be rather shocked that it’s way more complex and technical than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain through a icann accredited domain register why do i state i can certify because you can’t get your domain names straight from i can which is once again the nonprofit company that handles the dns system you have to go through an icann certified domain register in order to get a domain and that’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 rules and that’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 charge on your domain because you’re not in fact 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 registry that manages that domain name extension which is then completely handled and organized by icann broadly speaking so like when you get it.com.net.org the registry for that extension

Is unstoppable domains on Ethereum? Namecoin Private Key

is a verisign for example so all these different domain name extensions have various computer system registries and the function of the pc registry is just to manage the administrative data for that specific domain nft domain versus the conventional dns system what’s the distinction well the conventional dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain registries then you have your icann accredited domain name 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 specifically mean a non-fungible token is just a piece of information discovered on a blockchain that is verifiable and represents a distinct digital item in this circumstances our domain 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 learn that you can’t geta.com.net.org why well you can’t you need to currently sort of understand why due to the fact that those are managed by verisign which is a domain name computer registry which is handled by icann that becomes part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can only get blockchain based domain today they just have a dot crypto in dot zo at the time of taping this video the primary difference is that these 2 are connected to different block chains that’s it so you have Namecoin Private Key

 

your dot crypto which is connected 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 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 customized crypto addresses that can be set up as a payment gateway so this is the primary function of unstoppable domain names clearly with time as like we have decentralized webhosting develop 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 suggest you can do it however it’s quite technical uh.

Pros.

One-time purchase of domain.

Streamlines method which individuals interact with crypto addresses.

Censor resistant domain saved in your wallet.

More functionality than traditional domains.

Supports 276 crypto properties.

Cons.

Need to invest ETH to claim domain.

Still some question as to whether Unstoppable Domains will attain prevalent adoption.

Some domains are still pre-sale just.

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 interact with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered into place, 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 succeeded considerably, as they have created a domain system that enables users to establish payments for 276 digital possessions under a single domain name, while likewise being able to be used as a fully operating site that can even have dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no annual renewal fees, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is exceptionally safe since once claimed the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.

It is twice as safe since this likewise suggests that the domain can not be obstructed by anybody aside from you, so your site is never at risk of being down due to censorship. The website for acquiring the domains is safe as well and can be protected with two-factor authentication.

How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends on a two primary elements, though it ought to be kept in mind that acquiring a domain is a one-time cost and needs no annual renewals of any sort.

The very first aspect 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 expense is based on domain type (. crypto is more than.wallet for instance), and the length of the domain, with much shorter domains costing extra. In addition, there are premium domains that cost tens of thousands.

The next aspect is the gas fees connected with utilizing the Ethereum blockchain to declare your domain, since the domains are stored on the Ethereum blockchain, the transaction to claim them is available in ETH and is not consisted of in your preliminary purchase. The gas fees you will pay will depend on the current expense 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 Functions of Unstoppable Domains?

There are a few features of Unstoppable Domains that stick out. The truth that it is a one-time purchase without any annual renewal is incredibly appealing thinking about the method conventional domain ownership works, and in addition, the domain is censor resistant, implying it can not be removed by anyone other than the owner.

The domains also have more performance than conventional domains because they can be utilized to a payment router, but also used to create websites with dApps built directly on them since they exist on the blockchain, allowing the use of wise agreements on your site. Namecoin Private Key

Maybe the best and most enticing feature of Unstoppable Domains is that is provides you a way to have one address for you to receive 276 various crypto assets, suggesting 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 anybody who you wish to get funds from.

 

Potential Dealbreakers.

There is only one real prospective dealbreaker when it comes to using Unstoppable Domains, and that is the cost of claiming your domain with Ethereum.

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