Turtle Namecoins | MG

When sending out cryptocurrencies…Turtle Namecoins… The issue that often develops is confirming that you have the best address, due to the fact that it is a complex string of letters and numbers, even doing a copy and paste likely lead to you meticulously confirming that everything pasted properly, even though it should have.

This is where Unstoppable Domains intends to assist drive adoption of crypto with their blockchain domains. These domains can not just be used as totally practical websites, with decentralized applications (dApps) integrated, but likewise as a payment center address where users can get over 275 different crypto coins and tokens. By providing complex crypto addresses a human legible name, Unstoppable Domains aims to be the domain addresses of the future.

 

unstoppable domain is a san francisco-based business that is supplying domain 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 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 operated by icann so anything constantly needs approval from that governing body however something like a dot crypto or zillow these are based on the blockchain and they are simply totally decentralized so there’s no governing body there’s absolutely nothing that needs 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 newbie about unstoppable domain names make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s start how does domain name registration really work i think

individuals are going to be quite shocked that it’s method more technical and complex than you thought of 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 launching the domain through a icann certified domain register why do i say i can accredit because you can’t get your domain names straight from i can which is once again the nonprofit organization that manages the dns system you need to go through an icann accredited domain register in order to get a domain name which’s just how it works like you’re like why do i have to do that i do not understand why asking me those are just the rules 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 a yearly fee on your domain since you’re not in fact purchasing 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 absolutely managed and arranged by icann broadly speaking so like when you get it.com.net.org the computer system registry for that extension

Is unstoppable domains on Ethereum? Turtle Namecoins

is a verisign for instance so all these various domain extensions have different registries and the function of the computer registry is just to handle the administrative information for that particular domain nft domain names versus the standard dns system what’s the distinction 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 computer system registries then you have your icann accredited domain 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 indicate a non-fungible token is just a piece of data found on a blockchain that is verifiable and represents a distinct digital item in this instance 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 ought to already sort of know why since those are handled by verisign which is a domain name pc registry which is managed by icann that’s 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 right now they just have a dot crypto in dot zo at the time of recording this video the primary distinction is that these two are tied to various block chains that’s it so you have Turtle Namecoins

 

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 developed and you have a bit more functions and services built around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same personalized crypto addresses that can be established as a payment entrance so this is the primary feature of unstoppable domain certainly gradually as like we have decentralized webhosting develop over time it will be possible to use like a decentralized domain name and a decentralized webhosting to produce your own decentralized site presently it’s not actually possible i suggest you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Simplifies method which individuals communicate with crypto addresses.

Censor resistant domain kept in your wallet.

More functionality than traditional domains.

Supports 276 crypto properties.

Cons.

Have to spend ETH to claim domain.

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

Some domains are still pre-sale only.

What is Unstoppable Domains?

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

In this manner they have succeeded greatly, as they have created a domain system that enables users to establish payments for 276 digital properties under a single domain, while likewise being able to be utilized as a fully operating site that can even have actually dApps constructed onto them due to the fact that the domain is hosted on the blockchain. With a single payment and no yearly renewal fees, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe due to the fact that once declared the domains exist under your address on blockchain, indicating they are as safe as the blockchain itself.

It is twice as safe due to the fact that this also implies that the domain can not be blocked by anyone aside from you, so your site is never at risk of being down due to censorship. The website for purchasing the domains is safe also and can be protected with two-factor authentication.

Just How Much is Unstoppable Domains?

The cost of Unstoppable Domains depends on a 2 primary aspects, though it must be kept in mind that buying a domain is a one-time cost and needs no yearly renewals of any sort.

The first factor 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 expense is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing extra. In addition, there are superior domains that cost tens of thousands.

The next aspect is the gas charges related to using the Ethereum blockchain to claim your domain, since the domains are stored on the Ethereum blockchain, the transaction to declare them comes in ETH and is not included in your preliminary purchase. The gas fees you will pay will depend upon the current expense 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 total.

What Are the Best Functions of Unstoppable Domains?

There are a couple of functions of Unstoppable Domains that stand out. The reality that it is a one-time purchase without any yearly renewal is exceptionally enticing thinking about the way traditional domain ownership works, and in addition, the domain is censor resistant, implying it can not be removed by anybody besides the owner.

The domains likewise have more performance than conventional domains due to the fact that they can be used to a payment router, but also utilized to produce sites with dApps constructed straight on them due to the fact that they exist on the blockchain, allowing the use of clever contracts on your site. Turtle Namecoins

Perhaps the best and most enticing function of Unstoppable Domains is that is supplies you a method to have one address for you to receive 276 different crypto properties, implying when you set it up you will just ever need 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 wish to get funds from.

 

Potential Dealbreakers.

There is only one genuine potential dealbreaker when it pertains to utilizing Unstoppable Domains, which is the expense of claiming your domain with Ethereum.

This might only be a dealbreaker since you do not have any Ethereum at your address and need to purchase some in order to claim 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 somebody else it will be the extra cost associated with getting your domain.