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By Zach — 2 years ago
Unstoppable Domains: Get ready for a censorship immune future! Unstoppable domains makes the internet censorship resistant and censorship immune. Instead of relying on centralized services to buy and sell domain names (eg, Namecheap or GoDaddy), Unstoppable domains uses decentralized platforms Ethereum and Zilliqa Blockchain as a neutral 3rd party. This gives registered domains censorship immunity as no government or entity can restrict or remove access to that domain.
To further improve on censorship resistance, it’s possible to host the content on the Inter Planetary File System (IPFS) a decentralized hosting service where content can not be removed. One of the first uses of Unstoppable Domains is the creation of easy to remember cryptocurrency addresses.
One thing that scares people away from cryptocurrency is the address. A long mixture of letters and numbers almost freezes crypto users whenever they want to send or receive their digital wealth. However this can be simplified with Unstoppable Domains into a “. zil” or “. crypto” domain, such as “bitcoinlockup.crypto” domain for all crypto addresses? How to use Unstoppable domains with IPFS Claim protected brand names on Unstoppable Domains. One name for all your cryptocurrency wallets?
Will Unstoppable Domains be Unstoppable?
Connecting with the Zilliqa Blockchain, Unstoppable or Censorship-resistant Domains.
Although the system worked, memorizing numbers and periods “.” was just too much.To overcome the challenge, the IP address was placed behind the scenes and brought in the Domain Name Service (DNS). The DNS system made it simpler since a human-readable address was provided, and in the background, it was tied to the complicated IP address.
Therefore, an internet user just typed the name, eg, Facebook.com, and the DNS system, having connected Facebook.com with its IP address, eased the way users saw and interacted with the internet. Using the same technique, Unstoppable Domains seeks to put the complex cryptocurrency addresses behind a human-readable name. As such, instead of directly sending cryptos to an address, you use the human-readable name. T
he concept behind Unstoppable Domains is succinctly explained by its CEO, Mather Gould, “We’ve been crypto enthusiasts since 2012 and have believed that crypto payments were too complex to go mainstream. Just like IP addresses were replaced with DNS system, we believe cryptocurrency addresses will be replaced with human-readable names. “. crypto” domain for all crypto addresses? Recently Unstoppable Domains announced the “. crypto” blockchain agnostic domain.
What Is The Cost For Using Unstoppable Domains And How Do I Register My Domain?
The idea behind this domain is to unify cryptocurrency addresses for Bitcoin, Ethereum, Ziliqa and more.How to use Unstoppable domains with IPFSUnstoppable domains added the a new feature to work with uncensorable decentralized file hosting service IPFS. This will allow content to be permanently hosted on the internet with full immunity to government or political interference. IPFS hosts files spread across multiple locations in a decentralized fashion, so even if one server is taken down the content will still be accessible.
Claim protected brand names on Unstoppable DomainsTo prevent phishing and domain name stealing, Unstoppable Domains automatically protects brand names like apple.crypto and chrisdunn.crypto. Only verified identities can claim such domain names via the free claim tool: One name for all your cryptocurrency wallets? Unstoppable Domain Management PanelThat’s not all; you will only require one name for all of your wallets.
Yes, just one. And for only $40.
Why Do I Need A .crypto Domain?
You see, Unstoppable Domains is looking for ways of driving crypto adoption. One of those ways is to make sending crypto as simple as sending mail. Therefore, friends can send you Bitcoin, Ether, Litecoin, etc., using a single name.
Then, in the background, the technology from Unstoppable Domains routes the different cryptocurrencies to their respective wallets. This even eliminates the need for scanning QR codes since reading them is not 100 percent accurate.Connecting with the Zilliqa Blockchain, Unstoppable Domain’s version of DNS is built on the Zilliqa blockchain. Zilliqa is a scalable smart contract blockchain ecosystem that facilitates the creation of scalable decentralized applications. However, Zilliqa is only providing a platform for Unstoppable Domains to build their blockchain-focused DNS.
This means that the blockchain name service, although built on the Zilliqa platform, supports external cryptos like Ethereum, Bitcoin, Stellar Lumens, etc. It also supports the use of credit cards.As it is built on the Zilliqa blockchain, the domains will have a “.zil” extension. Unstoppable or Censorship-resistant DomainsApart from helping in the general public easily interact with cryptocurrencies, Unstoppable Domains is keen on providing censorship-resistant domains.With these domains, the owner of the domain name has complete control of the domain and its contents.
Traditional domain assets are stored on your behalf by custodians, for example Google. However a blockchain domain is stored in your cryptocurrency wallet which only you control. Therefore, no company, law enforcement or even Unstoppable Domains themselves can take it from you.It does not end there. The information used to register your domain remains private; you can choose not to give any personal information.
This means that it is hard to track an individual using the data provided. Also, the content provided on the website can not be censored by a third party; you are in full control.Will Unstoppable Domains be Unstoppable? Unstoppable Domains are setting up for a challenging journey which will see cryptocurrency being adopted by more people. Additionally, with censorship-resistant websites, the control is finally given back to the people.Unstoppable Domains certainly has the firepower to become unstoppable.
They have recently announced that it secured US$ 4 million in funding in Series A led by Draper Associates and Boost VC. They have also received grants from the Ethereum Foundation and Zilliqa Foundation.
Unstoppable Domains Final Verdict:
Unstoppable Domains has been working on its technology since 2017. They are software development company utilizing blockchain technology to give power back to the people and to ease the way people and cryptocurrencies interact. To enhance the interaction, Unstoppable Domains has borrowed some ideas from the internet both at current age and during its early days. For example, during the early days of the internet, users had to cram IP addresses, which were the only way to send messages from one person to the other.
I just registered my domain (bitcoinlockup.crypto) and I plan on getting more. It doesn’t have any annual fee, and you can simplify your wallet address so people can easily send it to you (when you have a software wallet). Overall, this concept of the decentralized web is not an “if”, but “when”. I look forward to the day when ever part of our lives can be decentralized and all of our freedom is restored. Most importantly, our money. This is what bitcoin aims to solve.
I recommend you grab your .crypto domain sooner rather than later, as there will be an obvious land rush when people realize how important this is and as more and more of our freedom of speech is being stripped away. Make sure to register using the link below for the best possible price!
What do you think? Are you going to grab your .crypto domain? Let us know down below in the comments!
The Crypto Renegade
NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.Post Views: 963
By Zach — 2 years ago
In this Changelly review, we are going to go over how their fee structure works, what kind of altcoins they support, and whether or not they can be trusted to trade your crypto!
Changelly is similar to Shapeshift, in that you can instantly swap altcoins to be traded instantly to the wallet of your choice. It’s quick, secure, and very very cheap at only 0.5% exchanges fees, which you can’t get any other mainstream exchange.
This is a great option for people that want to get an instant conversion from any of your favorite coins and don’t want to sign up for anything or provide personal information. They also allow you to buy cryptocurrency with a credit card or debit card, but that is a little more extensive process that will require some personal information (much like any other OTC exchange).
Let’s jump in and see if this is any different than buying or trading crypto on CoinMama. Let’s go!
What is Changelly?
Changelly is a platform that allows your trade cryptocurrency instantly without any personal verification or identity details, similar to Shapeshift. This platform uses a combination of the some of the top leading cryptocurrency exchanges to provide you with the best price on crypto-trading pairs that are not typically offered on other exchanges.
This is one of the ONLY remaining anonymous crypto trading platforms that allow you exchange different trading pairs without providing any identifying information and can be done in less than a minute.
Additionally, they integrate with many leading hardware wallets and software wallets directly to ensure your private keys are protected. These wallets include but are not limited to: Trezor, Ledger, Exodus, and Jaxx.
Is It Legit? Can I Trust It?
This is one of the most important questions you can ask when dealing with a cryptocurrency exchange. Changelly has been in existence since 2015 and has a very high TrustPilot customer satisfaction score for this type of service and has been widely trusted within an industry that doesn’t really rely on trust.
I have personally used this service (granted it was for a relatively small amount) but I did not run into any issues or delays when using the platform.
Simply put, this is a trusted resource to trade or convert your favorite crypto into another in a quick and efficient way and I will use them again myself if I ever need to.
What Kind Of Altcoins And Fiat Exchanges Can I Make?
So with this exchange, you can buy bitcoin with a credit card if needed. They do use an integration with Indacoin and Simplex for processing, so the rates are very high. I recommend if your goal is to buy crypto with a debit or credit card to use CoinMama, as it will be cheaper for you.
However, when exchanging between cryptocurrencies, the 0.5% fee is extremely low and is really a very good price. This is primarily what I have used this exchange for, if I need access to a particular coin and do not want to pay the exchange fees via an exchange like Binance or Coinbase.
Here is a list of all the support currencies, so you can verify if your particular coin is available on the platform.
If you do decide to buy any cryptocurrency with a credit or debit card, it will take about 24-48 hours depending on how much verification you have completed. If you do a crypto-to-crypto exchange or conversion, it can take as little as 5 minutes, up to 30 minutes, depending on how large the amount is.
What Makes It Different Than Shapeshift?
It really comes down to the fees, mostly. This has a lower crypto-to-crypto exchange rate than Shapeshift, however both options have a direct hardware wallet connection option. Additionally, Changelly does support a wider array of coins than Shapeshift does currently, but that can change in the future.
I enjoy using both platforms for different reasons, but if you want a quick and seamless process without using a hardware wallet, then you can use Changelly in a much easier way.
If you do want to see what Shapeshift offers, you can check out my full review of their new platform HERE.
Changelly – Conclusion
Overall, this is a good crypto-to-crypto conversion exchange with very high quality customer support and a no hassle, easy to use platform. If I need to swap altcoins in a pinch, this is the service I use. Period.
In my personal experience, I was able to exchange over $300 worth of crypto in under 10 minutes and I never ran into any issues or needed to use the customer chat or submit any tickets for support, which is good.
Bottomline: If you want to convert fiat-to-crypto, don’t use Changelly, use Coinmama. If you want to convert crypto-to-crypto, then I would STRONGLY recommend using this service, as I know firsthand it works, and I can convert my coins directly into whatever altcoin I need without having to do a “Double Conversion”, like I would on a standard crypto exchange.
What do you think? Have you used this service before? If so, let us know your experience below!
The Crypto Renegade
NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.Post Views: 537