Unstoppable Domains: A Complete Guide
Unstoppable Domains: A Complete Guide. The difficulty of sending and receiving payments is one of the main problems with cryptocurrency. In most cases, you must provide a lengthy and perplexing string of numerical values. Despite its uniqueness, your wallet address isn’t without its flaws that can cause you to lose money. For instance, a single incorrect letter or number can cause an error. Just like with regular IP addresses, you won’t be able to access the site if you get one wrong. With these domains, receiving payments is as simple as linking your wallet address. Learn more about Unstoppable Domains and how they function in this comprehensive post.
What Are Unstoppable Domains?
A San Francisco-based firm, Unstoppable Domains, offers domain extensions that are not connected to the DNS but to the blockchain. The San Francisco-based company initially offered names ending in “.crypto” and “.zil”. In 2021, Unstoppable Domains added more domains to their inventory.
You can accept cryptocurrency by distributing your NFT domain. Public blockchains enabled the introduction of these NFTs as smart contracts. Aside from ‘.zil,’ which is powered by Zilliqa, they all operate on the Polygon Network and Ethereum blockchain. For example, you can register a domain extension like “.zil” or “.crypto” after your name or brand. Afterwards, you can begin receiving cryptocurrency if it hasn’t been registered. So, substitute “Friend.crypto” for the wallet address when sending money.
Examples of Domains You Can Claim
- .crypto,
- .zil,
- .x,
- .coin,
- .wallet,
- .bitcoin,
- .888,
- .nft,
- .dao,
- .blockchain, etc.
How Do Unstoppable Domains Work?
They function similarly to conventional domains, with a few key distinctions. Blockchain technology is the backbone of Unstoppable Domains, making them decentralized. This allows you to remain anonymous, unlike the conventional domains controlled by ICANN. But these also centralize the standard domains, which is a downside. A blockchain-based solution called the crypto name service (CNS) is used to register these domain names on the blockchain. A non-fungible token (NFT) based on the Ethereum network represents each CNS domain. Wallets, exchanges, and marketplaces that work with cryptocurrencies make managing who owns what domains easy.
How to Buy Unstoppable Domains
Get your first domain by following these steps. Create an account or log in to your existing one at Unstoppable Domains. Use Google or your email to accomplish this. Then, in the search box, write in the name you like to use, and finally, click the “Search” button. Write out Guarda, for example. Options such as “.bitcoin,” “.crypto,” and “.wallet” will be displayed. Then it might be “Guarda.wallet.” Names you propose can also be selected if you think they are appropriate. Premium domains are more expensive than normal ones. Click “Add to Cart” after you’re happy with your selection. After that, towards the top right of the page, you should see either “Continue to Cart” or the cart logo.
“Do you live in the USA?” is the next question that will appear. Select “Yes” and enter your “Zip Code” if so. Select “No” and continue shopping if that’s not the case. The payment is due now. Credit cards, PayPal, cryptocurrency, and the Crypto.com app are all acceptable payment methods for the domain. You will be taken to a thank-you page if your purchase goes through successfully. Just click on “My domains” to see your domain. Upon delivery to you, your domain is not freshly created. Therefore, to use it to its maximum potential on Polygon, you must mint it (at no cost). But now that you’ve minting your cryptocurrency, you may associate it with your domain.
Where to Sell Unstoppable Domains
Once your domain has been coined on the blockchain, you can sell it on the Unstoppable Domains website. Furthermore, a secondary NFT market such as OpenSea is a good place to sell your Unstoppable domain. When it comes to NFTs, OpenSea is the place to be. You can control your price and get more exposure.
How to Use Unstoppable Domains
These addresses that humans can understand are supported by just a small handful of cryptocurrency wallets. You may now add Guarda (https://grd.to/ref/guarda) to your list of supported cryptocurrency wallets. It is now possible to receive cryptocurrencies at the addresses you provide by adding your blockchain domain name to the network. Getting your hands on a premium domain name and reselling it is another fantastic usage for an Unstoppable Domain.
Web Hosting for Unstoppable Domains
Unstoppable Domains uses the Interplanetary File System (IPFS) as its peer-to-peer (P2P) protocol. Using a hosting solution that is compatible with this technology is essential. Although a growing number of web hosts offer this service, the number is still tiny.
Pros & Cons
There are several benefits to using Unstoppable Domains’ decentralized websites and blockchain-based domain names. It protects free speech by first making censorship-resistant content possible. By substituting human-readable names for complex wallet addresses it further streamlines cryptocurrency transfers. Users also benefit from increased privacy and security because they no longer rely on third parties to manage their data. But you should think about the downsides as well. There may be compatibility and scalability problems because the technology is still developing. The use of these domains is further restricted because mainstream adoption is still an issue. Finally, if the underlying blockchain has technological issues or legislative hurdles, there are worries over the domains’ longevity.
Are Unstoppable Domains Safe?
I can confirm that they are free of harm. Certain to succeed. The creation of domains using blockchain technology ensures their extreme security. Because no one can block the domain, malicious actors will never be able to bring your website down. People residing in countries with stringent government regulations on online content would find these names ideal for their websites. The website where you can purchase domain names is also quite safe and allows for two-factor authentication.
Conclusion
The next big thing in blockchain technology is a decentralized web that allows for easy-to-understand and utilized addresses. Leading the charge to achieve that objective are companies such as Unstoppable Domains. These domains are quickly becoming popular, but it is too soon to tell if they will be around for a long time. Many people are looking into blockchain-based domains because they think it will be a good investment.
