Building decentralized digital identities for the world…Mine Namecoin…
Use NFT domains as your:
Universal username across sites and apps
Payment address for wallets
and far more!
When sending cryptocurrencies to yourself or others, the issue that frequently occurs is validating that you have the ideal address, because it is an intricate string of letters and numbers, even doing a copy and paste most likely lead to you meticulously confirming that whatever pasted correctly, even though it should have.
This is where Unstoppable Domains aims to help drive adoption of crypto with their blockchain domains. These domains can not just be utilized as totally functional websites, with decentralized applications (dApps) built-in, but also as a payment hub address where users can get over 275 various crypto coins and tokens. By offering intricate crypto addresses a human understandable name, Unstoppable Domains intends to be the domain addresses of the future.
Unstoppable Domains Pros & Cons
One-time purchase of domain
Simplifies way in which people interact with crypto addresses
Censor resistant domain saved in your wallet
More functionality than standard domains
Supports 276 crypto properties
Have to invest ETH to claim domain
Still some question as to whether Unstoppable Domains will accomplish extensive adoption
Some domains are still pre-sale only
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a need for it to be easier for users to interact with crypto addresses. The aim 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 sites, except for crypto addresses.
In this way they have prospered considerably, as they have actually produced a domain system that permits users to establish payments for 276 digital assets under a single domain name, while likewise being able to be used as a completely functioning website that can even have dApps developed onto them since the domain is hosted on the blockchain. With no yearly renewal and a single payment charges, Unstoppable Domains is an intriguing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is incredibly safe since once claimed the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.
It is doubly safe due to the fact that this also means that the domain can not be blocked by anyone aside from you, so your website is never ever at risk of being down due to censorship. The site for buying the domains is safe as well and can be secured with two-factor authentication.
How Much is Unstoppable Domains?
The cost of Unstoppable Domains depends upon a 2 primary elements, though it needs to be noted that purchasing 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 name, with much shorter domains costing extra. In addition, there are exceptional domains that cost tens of thousands. Mine Namecoin
The next aspect is the gas costs associated with using the Ethereum blockchain to declare your domain, because the domains are kept on the Ethereum blockchain, the transaction to declare them is available in ETH and is not included in your preliminary purchase. The gas charges you will pay will depend upon 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 Features Mine Namecoin
There are a few features of Unstoppable Domains that stand out. The truth that it is a one-time purchase without any yearly renewal is very attractive thinking about the method conventional domain ownership works, and in addition, the domain is censor resistant, meaning it can not be taken down by anyone besides the owner.
The domains likewise have more functionality than conventional domains due to the fact that they can be utilized to a payment router, but also used to develop websites with dApps constructed straight on them because they exist on the blockchain, allowing the use of clever contracts on your site.
Perhaps the best and most attractive function of Unstoppable Domains is that is supplies you a method to have one address for you to get 276 various crypto possessions, meaning 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 anyone who you want to get funds from.
unstoppable domain who created that brand name wonderful a plus so unstoppable domain is a san francisco-based business that is offering domain extensions that are tied to the blockchain instead of being tied 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 benefit of using these blockchain based domain extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based upon the blockchain and they are simply entirely decentralized so there’s no governing body there’s absolutely nothing that requires any kind of approval or consent you as the owner own your domain so in this video i wish to discuss to you whatever that you need to called a novice about unstoppable domain names ensure to inspect 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 think people are going to be quite surprised that it’s method more complicated and
technical than you thought of so when you go to someplace like namecheap.com or godaddy.com you’re not actually purchasing the domain what you’re doing is you’re releasing the domain name through a icann certified domain name register why do i say i can accredit due to the fact that you can’t get your domain names directly from i can which is again the not-for-profit company that handles the dns system you have to go through an icann licensed domain name register in order to get a domain 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 just the guidelines which’s what individuals have actually been doing for the last couple of decades in order to get a domain name so that’s why you require to pay an annual fee on your domain names because 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 pc registry that manages 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 registry for that extension is a verisign for instance so all these different domain name extensions have various pc registries and the function of the computer system registry is just to handle the administrative information for that specific domain name nft domain versus the traditional dns system what’s the difference well the conventional dns system is a central system as i alluded to earlier based around icann so you have icann you have your domain registries then you have your icann licensed 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 particularly imply a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents an unique digital product in this circumstances our domain names dot crypto versus dot zill what’s the difference with these 2 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 handled by verisign
which is a domain computer system registry which is managed 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 right now they just have a dot crypto in dot zo at the time of tape-recording this video the main distinction is that these two are tied to various 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 developed and you have a bit more functions and services developed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill but functionally speaking they are the same personalized crypto addresses that can be set up as a payment gateway so this is the main function of unstoppable domain names clearly gradually as like we have actually decentralized web host develop over time it will be possible to use like a decentralized domain and a decentralized web host to produce your own decentralized website presently it’s not really possible i mean you can do it but it’s quite technical uh but what’s more important is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a lot of newbies i believe don’t understand resembles when you have 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 cash you have to send it to a bitcoin money address and so it gets to be a bit of a headache of handling all these various addresses and if you want to get payment from specific individuals you need to give them 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 bit more rational easy to use and easy to keep in mind that’s the advantage of using unstoppable domain names and establishing something like dot crypto dot zill as a payment entrance because then you can get payments and of all various kinds of cryptocurrency to one address since when you get everything established you just jump into your unstoppable domain names account and after that you can add in your different wallets for your various cryptocurrencies s.
There is only one genuine potential 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 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. This is a one-time deal fee, and unless you choose to sell/transfer your domain to somebody else it will be the extra charge associated with getting your domain. Mine Namecoin