Have a domain name and create a site on the blockchain? This is what we will see here.
As decentralization intensifies and ushers in the vision of Web.3, we will see new services emerge.
We have already seen early adoptions where decentralized applications have addressed specific areas such as payments, file storage and messaging (chat bots for example).
All these elements are part of this Web.3 evolution. The next step could very well be domain names.
Finally. what did I say? This is already the case, as you will be able to judge for yourself.
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What is Unstoppable Domains?
Based in the famous Bay Area, the company Unstoppable Domains works internationally to offer a service that registers domains on the blockchain. This therefore brings something new to this sector because until now, we used a domain name service (DNS).
The company allows you to purchase .zil domain names which are stored on the blockchain. the company's objective is therefore to free itself entirely from the current domain name system or DNS This is managed exclusively on a global level by the American non-profit organization, which is ICANN.
Unstoppable Domains has launched a new domain extension service that could represent a quantum leap in the evolution of Web.3. They proposed and are currently testing a decentralized domain name service using .zil.
For the moment, you can buy domain names ending in .zil or .crypto (which for me is much more interesting).
This is entirely the standard DNS (domain naming system) that we now use to purchase domains and name and host websites. Think about all the .coms, .orgs, etc. Well, it's a bit the same thing, in the blockchain version.
This new blockchain-based internet naming service offers a new way to participate in Web.3 by essentially giving people a way to replace their current domains with blockchain-based domains.
So, your new site domain would then in addition to being a domain name, be a cryptographic asset.
This .zil domain asset can be transferred peer-to-peer, just like a wallet-to-wallet crypto transaction.
Nor can it be suppressed by governments or agencies. In fact, he can be removed by person. This is because these .zil domains are on the Zilliqa blockchain and cannot be destroyed. Imagine a world without GoDaddy, where there is no third party to contact when a government or other authority wants to take down a site... Amazing, right?
Think of China, for example, where Internet censorship is a political and economic tool. As this decentralized domain naming service takes effect, imagine a Chinese person (or any other person) having the ability to publish important information that could not be deleted...
Okay, but then the illegal content will be made public?
Well…I also see the critics who will say that even extremist groups will be able to publish what they want…
But, in fact, the founders thought of everything and especially of this delicate point.
At the protocol level, a domain name of Unstoppable, as we mentioned, cannot be deleted because it is a record on the Zilliqa blockchain. Although immutable and unalterable on the protocol layer, the second execution layer will contain content filtering options. This is how illegal content will also be censored, for the well-being of democracy.
For example, Unstoppable domains' site search feature will filter illegal content so their users don't see it. Well, they won't go to prison, of course. Also, this does not mean that the domain is deleted. It will still be there existing but without visibility. Only the user who has the keys can decide to disclose this information to another person.
How to buy a domain name in practice?
On Unstoppable Domains, we already have several features that will increase over time.
- You can buy a domain name of your choice.
To order a domain name, you can search for your name or a business name, like I did below.
Of course, I searched for the zonebitcoin domain name. I was offered zonebitcoin.crypto which, in my opinion, is great. Likewise, there is also the .zil domain name which is also interesting.
As you can see, these available domains are $20 or $40. You should know that it is approximately the same price for classic .com or .co domain names.
Prices vary from $20 to $80 depending on the domain names searched. You can also add certain domain names not yet for sale to your whatchlist. This will then notify you when your name is ready for purchase.
You can add the domains you want to your cart. Once you are ready to check out, you can pay directly in euros, by credit card. They have made the purchasing process as simple as possible, which is a good thing.
Now you have your blockchain domain forever without any annual renewal fees. I will come back to this point later, as it is a real godsend.
How to resell a domain name?
If you want to buy domain names to resell them later, this is also a valid option. In fact, many people use this site in this sense. Personally, as a blogger, I use it more to buy domain names and create a site, that's all.
You can resell you can sell it by making a wallet-to-wallet transfer to the person of your choice.
For example, I typed in the domain name “bitcoin”.
I am given the name of the person who owns it and who indicated that he was ready to resell it.
So I went to the “Visit Website” and saw their conditions. The owner is selling it for….50 Bitcoins….I’ll move on, you’ll understand…
How to create a site using your domain name?
As you may know, you can now create a site directly on the platform. Well, the sites are really standard and are more showcase sites. It's not about creating a blog or creating an e-commerce site, but rather about creating a site presenting a person or a service.
We can easily imagine that the sites will be larger and more detailed later.
As you can see in the screenshot, you also don't have a wide choice to modify, but just enough to make a classic and simple site.
There is also a tutorial video to explain how to create a website on Unstoppable Domain.
I admit that it’s really very simple and within everyone’s reach!
How is your domain name managed?
Once you buy your domain name, it belongs to you and no one can take it from you unless you decide to sell it.
On Unstoppable Domains, once you have purchased the domain, you have access to several tools to facilitate the management of your domain names.
Above all, today you have the possibility of creating websites (limited but sufficient) suitable and relatively easily.
Likewise, if you have lost your keys, the site has a backup recovery function in case you lose your private keys and 24/24 support. That's pretty good.
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Two main advantages of blockchain domain names
For example, it's very interesting for me, because I have a lot of blogs and sites. For example, you may know my blog which teaches how to create an online business, no?
Well, in general, I pay for each of my blogs, around 200 euros per year (paying for the servers, renewing my domain name, etc.). So, here, I have to say that it's crazy for me to only pay once for your domain name.
There are a few things that set the .zil naming service apart from the standard Domain Naming Service (DNS) that we all use today.
But there are two of its features that stand out in striving to solve two very important and very real problems:
Problem 1 – Making cryptographic address recovery easier
You may have heard the story because it caused a scandal in the crypto world. The CEO of the cryptocurrency exchange QuadrigaCX, Gerald Cotton, died taking the private keys with him. This meant that no one could no longer access the site.
Thus, more than 190 million cryptos have been blocked….
I would also like to point out that the CEO's widow would have reimbursed a small portion to the investors...
In short, what you need to remember is that on Unstoppable Domain, there will always be a possibility of finding your lost keys. And therefore, to limit this type of problem, which is relatively very common in the world of cryptos.
Problem 3 – Making it easier to transfer crypto between addresses.
With a domain name on the blockchain, we can imagine that people will buy domain names based on their first name such as JaquesMartin.crypto.
This could be useful for a presentation page of its services or simply to note the crypto addresses in case of payment.
Yes, likewise, I must clarify this element; The domain name address is also a key. This then allows you to use your domain name to receive payment.
➡ Indeed, in fact a .zil domain name gives you the possibility of sending crypto in a way that is easy to remember. This replaces the long series of numbers and letters that make up a crypto address, as you know.
Problem #4 – Limiting Internet Censorship
For the founders of Unstoppable Domain, this was even the first objective of this company.
As you know, under the current DNS system, governments can intervene with domain registrars such as GoDaddy and shut down a site. This happens all over the world, every day.
And, let's say, that's a good thing. Yes, otherwise there would be tons of extremist sites praising Hitler or something similar.
But we also know that there are excesses in practicing abusive censorship. We can cite countries like Iran or China which abuse it - in all likelihood.
So, this has some good and some not so good, for the summary like this.
Well, for Unstoppable Domain, we will not be able to remove a site with illegal content. That said, the site which remains an intermediary will be able to close its visibility.
With a blockchain-based domain, government officials will have no one to turn to because the domain registrar is no longer an entity that can be accessed and controlled by one entity.
However, in the event of illegal content, they may force the browser not to present the site to prevent its visibility.
Objectively, is it really interesting?
I must say that I tried to read quite a bit about domain names on the blockchain. It seems that in fact, we are a bit like the early 90s in this sector.
It is very likely, given the enormous advantages, that many of us will subsequently use blockchain domain names. If only for the crazy savings in costs that this represents.
😯 Just have a site, This is good but if it is not referenced by Google or another search engine, it is no longer of much interest. Unless, once again, you use it as a presentation site and you don't try to be found like that by chance, on search engines.
The success of domain names on the blockchain will therefore depend on collaboration between browsers and search engines.
For example, we are seeing progress in this direction with Unstopabble domain which has created an extension on Chrome to be able to access sites based on the blockchain.
Concretely, note that initially, the content will be stored using a website creation tool.
This data is then placed in an IPFS (Interplanetary File System), which is a distributed file system where you can store the various files of your site. You will be able to insert an IPFS associated with your domain. So when a browser searches for your name, it can navigate to the corresponding IPFS file. Other ways to host your own content in this new way are currently under development, depending on the site?
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How to use Unstoppable Domain?
Yes, there is often at least one small flaw. There, it is linked to the addresses of the domain name.
For example, for the site bitcoin.zyl, I went to look and clicked and it gave me an unavailable address.
However, when I click on the site, I have access to the page in question:
In fact, you have to download a Chrome extension for example to have access to all the domain names on the blockchain.
It's relatively simple.
Otherwise, on centralized browsers, you will have to use the full address.
Conclusion: Unstoppable Domain, an interesting or useless service?
This is perhaps the most interesting question to ask.
I know a lot of people heard about Unstoppable domain when it was in beta. Also, this has changed a lot over time and we see that it is becoming ever more concrete.
Plus, it’s really a very difficult sector. They are not attacking a small world or a small innovation. It’s really something that domain names…
Likewise, the people who knew this site the earliest, immediately thought about the purchase and resale of domain names...As I already said, I think it is naive to think with all the extensions that we have, become rich like Cresus with such a business. Perhaps some will gain added value on resale, but perhaps it was necessary to buy a lot of them and the most relevant ones...
Because there is something that seems to escape many people:
💡 WHAT MAKES THE EXCESSIVE PRICE OF A DOMAIN NAME IS NOT THE NAME IN QUESTION BUT THE TRAFFIC IT GENERATES, ITS REFERENCE ON GOOGLE (OR ANOTHER SEARCH ENGINE).
Basically, even if you have the domain name jeuxvideos.crypto and it is not referenced on the biggest search engines, then this domain name is worthless.
Likewise, there are very strict and established rules for whether a site is referenced or not (traffic, content, etc.).
Unless he creates a search engine dedicated to crypto domain names (of type BRAVE …and besides, this is a good business idea!).
Otherwise, buying domain names for yourself, ultimately, as I already said, I think it's interesting.
I know that soon they will give the possibility of creating Dapps. This could still be a very interesting novelty.
Other opportunities, when you think for a moment, might soon follow, for example: Hosting Services, Marketing, Browsers and Browser Filters
Data analysis.
Until then, what we can do is learn about this new phenomenon of buying a domain outside of the usual registration services that we are used to. And help take Web.3 to the next level.
That said, I know that some people are not very keen on this type of service as it seems immeasurable. And, maybe it's interesting just for those who want to have a web page. From there, to imagine reselling super expensive domain names, is it really….a pipe dream?
For more information on Unstoppable Domain, I invite you to do your own research.
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Otherwise, if you too want to be the happy owner of a blockchain domain name, then perhaps now is the time, before prices skyrocket.
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