Whiteboard Crypto Polygon 2023

In addition, there are superior domains that cost tens of thousands. Whiteboard Crypto Polygon…

The next aspect is the gas costs related to using the Ethereum blockchain to claim your domain, because the domains are saved on the Ethereum blockchain, the transaction to claim them comes in ETH and is not included in your initial purchase. The gas fees you will pay will depend upon the present cost 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.

There are a few features of Unstoppable Domains that stand out. The fact that it is a one-time purchase without any annual renewal is very attractive thinking about the way conventional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be removed by anybody besides the owner.

The domains likewise have more functionality than traditional domains due to the fact that they can be used to a payment router, however also used to develop sites with dApps developed directly on them since they exist on the blockchain, allowing the use of clever contracts on your website.

Possibly the very best and most attractive feature of Unstoppable Domains is that is provides you a way to have one address for you to get 276 different crypto assets, implying 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 established for each cryptocurrency. It is easier not just for you, but for anybody who you want to receive funds from.

unstoppable domain names who developed that brand fantastic a plus so unstoppable domain names is a san francisco-based company that is providing domain name extensions that are tied to the blockchain instead of being connected 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 extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is controlled and run 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 completely decentralized so there’s no governing body there’s nothing that needs any type of approval or consent you as the owner own your domain so in this video i wish to discuss to you everything that you require to know as a newbie about unstoppable domain names make certain to inspect the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain name registration really work i think people are going to be quite 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 purchasing the domain name what you’re doing is you’re launching the domain name through a icann licensed domain register why do i say i can certify because you can’t get your domain directly from i can which is once again the nonprofit company that handles the dns system you have to go through an icann certified domain name register in order to get a domain name which’s simply how it works like you resemble why do i have 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 so that’s why you need to pay a yearly cost on your domain names due to the fact that you’re not in fact buying an owning domain name what you’re doing is renting 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 absolutely managed and arranged by icann broadly speaking so like when you get it.com.net.org the registry for that extension is a verisign for instance so all these different domain name extensions have various windows registries and the function of the windows registry is just to handle the administrative data for that specific domain nft domain versus the conventional dns system what’s the difference well the conventional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain computer registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly suggest a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents a special digital item in this circumstances 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 find out that you can’t geta.com.net.org why well you can’t you must already type of understand why due to the fact that those are handled by verisign

which is a domain windows registry which is handled by icann that belongs to 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 right now they only have a dot crypto in dot zo at the time of recording this video the main distinction 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 little bit more services and functions constructed 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 individualized crypto addresses that can be established as a payment entrance so this is the primary function of unstoppable domain names undoubtedly with time as like we have actually decentralized web host develop with time it will be possible to use like a decentralized domain and a decentralized webhosting to develop your own decentralized site presently it’s not actually possible i mean you can do it but it’s quite technical uh however what’s more vital is that you can set up your dot crypto address or your dot zill address as a payment entrance so what a great deal of novices i think do not understand resembles when you have actually bitcoin you need to send it to a particular bitcoin address if you have white coin you need to send that to a litecoin address if you have bitcoin money you need to send it to a bitcoin cash address therefore it gets to be a bit of a headache of handling all these various addresses and if you want to get payment from particular individuals you need to provide this address and this address and this address it’s truly a headache like what if there’s just some method to combine everything into something that’s a little bit more logical easy to use and easy to keep in mind that’s the benefit of using unstoppable domain and setting up something like dot crypto dot zill as a payment gateway because then you can receive payments and of all different types of cryptocurrency to one address due to the fact that when you get whatever established you simply jump into your unstoppable domain names account and after that you can include your various wallets for your various cryptocurrencies s.

Possible Dealbreakers.

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

 

This may 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 believe it is unreasonable to pay the gas charges. However, this is a one-time deal fee, and unless you decide to sell/transfer your domain to someone else it will be the additional fee related to getting your domain. Whiteboard Crypto Polygon