Crypto Quantique – Blockchain Insights

 

This is where Unstoppable Domains aims to assist drive adoption of crypto.Crypto Quantique… with their blockchain domains. These domains can not only be utilized as fully functional web pages, with decentralized applications (dApps) integrated, however also as a payment center address where users can receive over 275 different crypto coins and tokens. By offering intricate crypto addresses a human legible name, Unstoppable Domains intends to be the domain addresses of the future.

 

unstoppable domain names is a san francisco-based business that is providing domain name extensions that are connected 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is simply that they are decentralized so the dns system is managed and operated by icann so anything always requires approval from that governing body but something like a dot crypto or zillow these are based on the blockchain and they are simply entirely decentralized so there’s no governing body there’s nothing that requires any kind of approval or authorization you as the owner own your domain so in this video i wish to explain to you whatever that you need to referred to as a beginner about unstoppable domain names make certain to examine the links in the description for time stamps and any resources pointed out in this video so let’s begin how does domain registration actually work i think

people are going to be quite surprised that it’s way more complex and technical than you envisioned so when you go to someplace 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 accredited domain register why do i say i can certify due to the fact that you can’t get your domain names straight from i can which is again the not-for-profit organization that handles the dns system you need to go through an icann accredited domain register in order to get a domain and that’s simply how it works like you resemble why do i need to do that i don’t understand why asking me those are just the rules which’s what people have actually been doing for the last few years in order to get a domain name so that’s why you require to pay an annual charge on your domain since you’re not in fact buying an owning domain name 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 handles that domain extension which is then completely managed and organized by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension

Is unstoppable domains on Ethereum? Crypto Quantique

is a verisign for instance so all these various domain name extensions have different computer system registries and the function of the computer system registry is just to handle the administrative information for that specific domain nft domain names versus the standard dns system what’s the difference well the traditional dns system is a centralized system as i alluded to earlier based around icann so you have icann you have your domain windows registries then you have your icann certified domain registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it however like what does that particularly suggest a non-fungible token is just a piece of information found 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 distinction 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 ought to already kind of understand why because those are managed by verisign which is a domain 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 just get blockchain based domain names today they just have a dot crypto in dot zo at the time of taping this video the main distinction is that these two are tied to various block chains that’s it so you have Crypto Quantique

 

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 little bit more functions and services built 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 individualized crypto addresses that can be established as a payment gateway so this is the primary feature of unstoppable domain undoubtedly over time as like we have decentralized web host develop over time it will be possible to utilize like a decentralized domain name and a decentralized web host to produce your own decentralized site currently it’s not actually possible i indicate you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies method which people connect with crypto addresses.

Censor resistant domain stored in your wallet.

More performance than traditional domains.

Supports 276 crypto assets.

Cons.

Have to spend ETH to claim domain.

Still some question regarding whether Unstoppable Domains will achieve prevalent adoption.

Some domains are still pre-sale only.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a requirement for it to be much easier for users to connect with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered into place, so users did not need to learn IP addresses in order to get to websites, except for crypto addresses.

In this way they have been successful greatly, as they have actually created a domain system that enables users to set up payments for 276 digital assets under a single domain name, while likewise having the ability to be used as a fully operating website that can even have dApps built onto them because the domain is hosted on the blockchain. With no annual renewal and a single payment costs, Unstoppable Domains is an interesting tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe since once declared the domains exist under your address on blockchain, implying they are as protected as the blockchain itself.

It is two times as safe since this also implies that the domain can not be obstructed by anyone besides you, so your site is never ever at risk of being down due to censorship. The website for purchasing the domains is safe too and can be secured with two-factor authentication.

How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 primary elements, though it ought to be kept in mind that purchasing a domain is a one-time cost and needs no annual renewals of any sort.

The very first element is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending on the domain you choose, as cost is based on domain type (. crypto is more than.wallet for example), and the length of the domain, with shorter domains costing extra. In addition, there are superior domains that cost 10s of thousands.

The next element is the gas fees related to utilizing the Ethereum blockchain to claim your domain, since the domains are saved on the Ethereum blockchain, the deal to declare them can be found in ETH and is not included in your preliminary purchase. The gas charges you will pay will depend upon the existing cost 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 Best Functions of Unstoppable Domains?

There are a couple of features of Unstoppable Domains that stick out. The truth that it is a one-time purchase without any annual renewal is incredibly enticing thinking about the way traditional domain ownership works, and in addition, the domain is censor resistant, indicating it can not be taken down by anyone other than the owner.

The domains likewise have more functionality than conventional domains since they can be utilized to a payment router, but likewise utilized to develop websites with dApps developed directly on them since they exist on the blockchain, allowing the use of clever contracts on your site. Crypto Quantique

Possibly the very best and most appealing function of Unstoppable Domains is that is offers you a way to have one address for you to get 276 different crypto assets, implying once you set it up you will only ever require to know your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is easier not only for you, but for anybody who you want to receive funds from.

 

Possible Dealbreakers.

There is only one genuine possible dealbreaker when it pertains to utilizing Unstoppable Domains, which 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 require to buy some in order to claim your domain, or if for some reason you think it is unreasonable to pay the gas costs. This is a one-time transaction charge, and unless you decide to sell/transfer your domain to someone else it will be the additional cost associated with getting your domain.