Namecoine 2022

Building decentralized digital identities for the world…Namecoine…

Use NFT domains as your:

Universal username across sites and apps
Site URL
Payment address for wallets
and much more!

When sending cryptocurrencies to yourself or others, the issue that frequently emerges is verifying that you have the right address, since it is a complicated string of letters and numbers, even doing a copy and paste likely lead to you meticulously validating that everything pasted correctly, even though it needs to 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 fully practical websites, with decentralized applications (dApps) built-in, however also as a payment hub address where users can get over 275 various crypto coins and tokens. By providing intricate crypto addresses a human understandable name, Unstoppable Domains aims to be the domain addresses of the future.

 

Unstoppable Domains Pros & Cons
Pros

One-time purchase of domain

Streamlines way in which people interact with crypto addresses

Censor resistant domain kept in your wallet

More functionality than conventional domains

Supports 276 crypto properties

Cons

Have to invest ETH to claim domain

Still some concern regarding whether Unstoppable Domains will attain 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 much easier for users to engage with crypto addresses. The goal of Unstoppable Domains is to be like the DNS system that entered place, so users did not have to learn IP addresses in order to get to websites, except for crypto addresses.

In this manner they have actually succeeded greatly, as they have created a domain system that permits users to set up payments for 276 digital possessions under a single domain name, while likewise having the ability to be used as a fully working site that can even have dApps developed onto them since the domain is hosted on the blockchain. With no yearly renewal and a single payment costs, Unstoppable Domains is an intriguing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is exceptionally safe due to the fact that when declared the domains exist under your address on blockchain, implying they are as protected as the blockchain itself.

It is twice as safe because this also indicates that the domain can not be blocked by anyone besides you, so your site is never ever at risk of being down due to censorship. The website for buying the domains is safe as well and can be protected 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 acquiring a domain is a one-time expense and needs no yearly renewals of any sort.

The very first aspect is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending upon 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 shorter domains costing additional. In addition, there are premium domains that cost tens of thousands. Namecoine

The next factor is the gas costs related to utilizing the Ethereum blockchain to declare your domain, due to the fact that the domains are stored on the Ethereum blockchain, the transaction to claim them comes in ETH and is not consisted of in your initial purchase. The gas fees you will pay will depend on the existing cost of ETH and the network congestion at the time of the transaction. In general you can get likely yourself a cheap.crypto domain and claim it for under $50 total.

 

What Are the very best Functions Namecoine

There are a few functions of Unstoppable Domains that stick out. The reality that it is a one-time purchase with no yearly renewal is extremely enticing thinking about the way traditional domain ownership works, and in addition, the domain is censor resistant, suggesting it can not be taken down by anybody 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, however also used to create sites with dApps built directly on them because they exist on the blockchain, allowing the use of clever contracts on your site.

Maybe 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 once 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 much easier not only for you, but for anyone who you wish to get funds from.

unstoppable domain who created that brand great a plus so unstoppable domain is a san francisco-based company that is supplying domain extensions that are tied 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 name extension which is connected to the silica blockchain which is an alternative to ethereum the advantage of using these blockchain based domain name extensions is just that they are decentralized so the dns system is controlled 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 just entirely decentralized so there’s no governing body there’s absolutely nothing that needs any type of approval or authorization you as the owner own your domain so in this video i want to explain to you whatever that you need to know as a novice about unstoppable domain 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 name registration in fact work i believe people are going to be quite shocked that it’s method more complex and

technical than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not actually buying the domain what you’re doing is you’re releasing the domain through a icann certified domain name register why do i state i can accredit because you can’t get your domain directly from i can which is again the not-for-profit organization that manages the dns system you have to go through an icann accredited domain name register in order to get a domain name and that’s just how it works like you resemble why do i need to do that i don’t understand why asking me those are simply the guidelines which’s what people have been providing for the last couple of years in order to get a domain name so that’s why you need to pay an annual fee on your domain names because you’re not actually purchasing an owning domain 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 system registry that manages that domain extension which is then absolutely handled 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 different computer system registries and the role of the windows registry is simply to handle the administrative information for that specific domain nft domain names versus the traditional dns system what’s the difference well the standard dns system is a central system as i alluded to earlier based around icann so you have actually icann you have your domain computer system 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 but like what does that particularly mean a non-fungible token is simply a piece of data discovered on a blockchain that is verifiable and represents an unique digital item in this circumstances our domain names 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 discover that you can’t geta.com.net.org why well you can’t you must currently sort of understand why due to the fact that those are managed by verisign

which is a domain computer system registry which is managed by icann that’s part of the dns system that’s why you can’t get those kinds of domain through unstoppable domain you can only get blockchain based domain right now they just have a dot crypto in dot zo at the time of taping this video the primary 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 industrialized and you have a little bit more functions and services developed around uh at the ethereum blockchain with a dot crypto domain than you make with a dot zill however functionally speaking they are the same individualized crypto addresses that can be set up as a payment entrance so this is the main feature of unstoppable domain names undoubtedly with time as like we have actually decentralized web host develop gradually it will be possible to use like a decentralized domain name and a decentralized webhosting to create your own decentralized website presently it’s not truly possible i imply you can do it but it’s pretty technical uh but what’s more vital 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 do not comprehend resembles when you have bitcoin you have to send it to a specific bitcoin address if you have white coin you have to send that to a litecoin address if you have bitcoin cash you have to send it to a bitcoin cash address therefore it gets to be a bit of a headache of managing all these various addresses and if you want to get payment from specific people you have to provide this address and this address and this address it’s truly a headache like what if there’s simply some method to combine whatever into something that’s a little bit more logical 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 various kinds of cryptocurrency to one address because when you get everything established you simply delve into your unstoppable domain account and after that you can add in your different wallets for your different cryptocurrencies s.

Prospective Dealbreakers.

There is only one genuine possible dealbreaker when it pertains to using Unstoppable Domains, which is the expense of declaring your domain with Ethereum.

 

This might only be a dealbreaker because you do not have any Ethereum at your address and need to acquire some in order to declare your domain, or if for some reason you believe it is unreasonable to pay the gas costs. However, this is a one-time transaction fee, and unless you choose to sell/transfer your domain to someone else it will be the additional fee related to getting your domain. Namecoine