Unstoppable Domains is a company offering domain name services in San Francisco. The company combines traditional domain name registration services with blockchain, creating blockchain-based website domains (addresses) for web3.
Unstoppable Domains was established to decentralize the web. The company offers blockchain-based names to replace traditional alphanumeric cryptocurrency addresses. This way, wallets carry readable names and can interact with websites, dApps, and regular blockchain activities.
The usernames are similar to URLs and typically end with domain extensions like .zil and .crypto. Unstoppable Domains rely on blockchains like Zilliqa Blockchain (hence .zil) to offer domain name services.
With over 750,000 unstoppable domain names registered, the company is increasing the adoption of simple names for wallet addresses, making it easy to send and receive cryptocurrency and other digital assets without the unwieldy alphanumeric crypto addresses.
How Unstoppable Domain Works
When users register a domain name (which must be unique), they can link it to a cryptocurrency address, a site hosting content on the internet, or an InterPlanetary File System (IPFS) (a peer-to-peer data storage network hosting decentralized websites).
Unstoppable domain names are also minted as non-fungible tokens (NFTs) using the ERC-721 (Ethereum blockchain) protocol. Unstoppable Domains are built on the Crypto Name Service (CNS), a set of Ethereum-based smart contracts for creating and deploying blockchain-based domains.
Like any NFT, users can trade their domain names in dedicated marketplaces, buying, selling, or exchanging them.
Once transferred, the domain name becomes available to the new owner and is unlinked from the previous one.
An unstoppable domain remains permanently active, unlike traditional domain subscriptions that must be renewed periodically.
Unstoppable crypto domains are supported by the Coinbase wallet, MyEtherWallet, OpenSea, and over 50 other wallets, exchanges, and dApps.