Turtle Namecoins – Lets Talk Crypto

When sending out cryptocurrencies…Turtle Namecoins… The issue that frequently emerges is validating that you have the ideal address, because it is a complicated string of numbers and letters, even doing a copy and paste most likely lead to you carefully validating that everything pasted correctly, although it must have.

This is where Unstoppable Domains aims to assist drive adoption of crypto with their blockchain domains. These domains can not just be utilized as fully practical webpages, 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 giving intricate crypto addresses a human understandable name, Unstoppable Domains intends to be the domain addresses of the future.

 

unstoppable domain is a san francisco-based company that is offering domain name extensions that are connected 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 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 simply that they are decentralized so the dns system is managed and run 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 just completely 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 name so in this video i want to explain to you whatever that you require to referred to as a novice about unstoppable domain make sure to examine the links in the description for time stamps and any resources discussed in this video so let’s start how does domain registration really work i think

individuals are going to be quite shocked that it’s way more technical and complex than you envisioned so when you go to someplace like namecheap.com or godaddy.com you’re not really purchasing the domain name what you’re doing is you’re launching the domain through a icann licensed domain name register why do i state i can certify because you can’t get your domain names straight from i can which is again the not-for-profit company that handles 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 have to do that i do not know why asking me those are just the rules and that’s what people have actually been providing for the last couple of years in order to get a domain so that’s why you require to pay an annual cost on your domain because you’re not actually buying an owning domain 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 registry that manages that domain name extension which is then totally handled and arranged by icann broadly speaking so like when you get it.com.net.org the pc registry for that extension

Is unstoppable domains on Ethereum? Turtle Namecoins

is a verisign for example so all these different domain extensions have various computer registries and the function of the computer registry is simply to handle the administrative information for that particular domain name nft domain versus the standard dns system what’s the difference well the standard dns system is a centralized system as i mentioned earlier based around icann so you have actually icann you have your domain registries then you have your icann licensed 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 mean a non-fungible token is simply 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 distinction 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 need to already kind of understand why since those are managed by verisign which is a domain windows 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 names you can just get blockchain based domain names 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 connected to different 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 tied to the silica block durian blockchain is way more developed and you have a bit more services and features constructed 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 customized crypto addresses that can be established as a payment gateway so this is the main function of unstoppable domain certainly over time as like we have decentralized webhosting develop over time it will be possible to use like a decentralized domain and a decentralized webhosting to create your own decentralized website presently it’s not actually possible i imply you can do it but it’s pretty technical uh.

Pros.

One-time purchase of domain.

Streamlines way in which people communicate with crypto addresses.

Censor resistant domain kept in your wallet.

More performance than traditional domains.

Supports 276 crypto possessions.

Cons.

Have to invest ETH to claim domain.

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

Some domains are still pre-sale just.

What is Unstoppable Domains?

Unstoppable Domains was founded in 2018 by Matthew Gould, the existing CEO, who saw a need for it to be much easier for users to connect with crypto addresses. The goal 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 sites, except for crypto addresses.

In this manner they have actually been successful greatly, as they have actually produced a domain system that permits users to establish payments for 276 digital properties under a single domain name, while also being able to be used as a completely working 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 costs, Unstoppable Domains is an appealing tool for crypto users.

Is Unstoppable Domains Safe?

Unstoppable Domains is extremely safe because as soon as claimed the domains exist under your address on blockchain, meaning they are as safe and secure as the blockchain itself.

It is doubly safe because this also indicates that the domain can not be blocked by anyone aside from you, so your website is never at risk of being down due to censorship. The website for buying the domains is safe too and can be protected with two-factor authentication.

Just How Much is Unstoppable Domains?

The expense of Unstoppable Domains depends upon a two main factors, though it must be kept in mind that purchasing a domain is a one-time expense and requires no annual renewals of any sort.

The very first element is the expense of the domain itself, this can vary 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 additional. In addition, there are premium domains that cost 10s of thousands.

The next element is the gas charges associated with utilizing 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 consisted of in your initial purchase. The gas fees you will pay will depend upon the existing expense of ETH and the network blockage at the time of the deal. Overall you can get likely yourself a cheap.crypto domain and claim it for under $50 overall.

What Are the Best Features of Unstoppable Domains?

There are a few functions of Unstoppable Domains that stick out. The fact that it is a one-time purchase with no annual renewal is extremely 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 also have more functionality than standard domains due to the fact that they can be utilized to a payment router, however likewise used to create websites with dApps constructed straight on them due to the fact that they exist on the blockchain, allowing the use of clever contracts on your website. Turtle Namecoins

Maybe the best and most attractive function of Unstoppable Domains is that is offers you a method to have one address for you to receive 276 different crypto assets, implying as soon as you set it up you will only ever need to know 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 want to get funds from.

 

Potential Dealbreakers.

There is only one genuine possible dealbreaker when it concerns using Unstoppable Domains, and that is the expense of claiming your domain with Ethereum.

This may just be a dealbreaker because you do not have any Ethereum at your address and require to acquire some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas costs. This is a one-time transaction fee, and unless you choose to sell/transfer your domain to somebody else it will be the additional fee associated with getting your domain.