Adrian Saenz Sastre 2023

In addition, there are premium domains that cost 10s of thousands. Adrian Saenz Sastre…

The next element is the gas costs associated with utilizing the Ethereum blockchain to declare your domain, due to the fact that the domains are saved on the Ethereum blockchain, the transaction to claim them can be found in ETH and is not included in your preliminary purchase. The gas fees you will pay will depend upon the existing cost of ETH and the network blockage at the time of the transaction. Overall you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.

There are a few features of Unstoppable Domains that stand apart. The truth that it is a one-time purchase with no annual renewal is incredibly appealing thinking about the method traditional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anyone other than the owner.

The domains also have more functionality than traditional domains due to the fact that they can be utilized to a payment router, but likewise used to produce sites with dApps developed directly on them because they exist on the blockchain, allowing the use of smart agreements on your website.

Possibly 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 properties, suggesting as soon as you set it up you will only ever require to understand your domain and your payments will be routed to the wallets you set up for each cryptocurrency. It is simpler not only for you, but for anybody who you want to get funds from.

unstoppable domain who developed that brand wonderful a plus so unstoppable domain names is a san francisco-based company that is offering domain name 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 extension which is tied to the silica blockchain which is an alternative to ethereum the advantage 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 requires approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s nothing that needs any kind of approval or permission you as the owner own your domain name so in this video i want to describe to you whatever that you require to called a novice about unstoppable domain names make sure to check the links in the description for time stamps and any resources pointed out in this video so let’s start how does domain registration really work i believe people 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 in fact purchasing the domain what you’re doing is you’re launching the domain name through a icann certified domain register why do i say i can certify since you can’t get your domain names straight from i can which is once again the not-for-profit organization that handles the dns system you have to go through an icann accredited domain register in order to get a domain name and that’s simply 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 which’s what people have actually been doing for the last few decades in order to get a domain name so that’s why you require to pay an annual cost on your domain names since you’re not in fact buying 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 system registry that manages 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 a verisign for instance so all these various domain name extensions have different pc registries and the role of the windows registry is simply to manage the administrative data for that specific domain nft domain names versus the conventional dns system what’s the difference 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 licensed domain registrars nfts by contrast are non-fungible tokens non-fungal meaning like you can’t jump in and change it however like what does that specifically suggest a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a distinct digital product in this instance our domain 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 should already kind of understand why due to the fact that those are managed by verisign

which is a domain windows registry which is handled by icann that’s part of the dns system that’s why you can’t get those kinds of domain names through unstoppable domain names you can only get blockchain based domain names right now they only have a dot crypto in dot zo at the time of taping this video the main difference is that these two are tied to different block chains that’s it so you have 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 than you do with a dot zill however functionally speaking they are the same personalized crypto addresses that can be set up as a payment entrance so this is the main function of unstoppable domain names undoubtedly gradually as like we have actually decentralized web host develop in time it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized site presently it’s not really possible i mean you can do it however it’s pretty technical uh however what’s more important is that you can establish your dot crypto address or your dot zill address as a payment entrance so what a lot of novices i think don’t understand is like when you have bitcoin you have to send it to a particular bitcoin address if you have white coin you need to send out that to a litecoin address if you have bitcoin money you have to send it to a bitcoin cash address therefore it gets to be a bit of a headache of managing all these different addresses and if you wish to get payment from particular individuals you need to give them this address and this address and this address it’s really a headache like what if there’s simply some way to combine everything into something that’s a little bit more sensible easy to use and simple to bear in mind that’s the advantage of using unstoppable domain names and setting up something like dot crypto dot zill as a payment gateway since then you can receive payments and of all different kinds of cryptocurrency to one address because when you get whatever set up you simply delve into your unstoppable domain account and then you can include your different wallets for your various cryptocurrencies s.

Possible Dealbreakers.

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

 

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