It is interesting to know, in the very early days of the internet, to visit a website, we had to remember the IP address as there were no domain names like google.com. Even today, if you try http://126.96.36.199 it opens up google.com website.
Domain names provided us with the ease of remembering the web address, instead of trying to remember the digits, we just have to remember words for any specific website. This industry has grown vastly in previous years. Godaddy, Namecheap and many other major players are providing thousands of domain names to the users.
How Domains Works?
When you develop a website, there are two major things involved, Domain name & the server. Domain name forwards the request to the IP address of the server to let you access the website through the DNS system. It's quite simple that you set up a server where you keep your website files and add the server specified DNS to the domain name to complete the setup.
The Centralized system of Domains - The Problem
Since the domain names are being controlled by ICANN as well as the service providers like GoDaddy, Namecheap etc., Freedom of content is also questionable here, As, on a request of the government or any legal authorities, any website's domain can be blocked or made inaccessible.
The same can be done with the servers we rent out, to upload the websites from the same providers. However, there are many servers claim to be anonymous but of course, that is a whole another story.
What is Unstoppable Domains?
Unstoppabledomains.com is providing a decentralized DNS system on their domain names based on blockchain. Which according to their claim and as the name suggest, any domain that we book from this website cannot be blocked or suspended due to any reason.
They have started a new domain extension .zil based on zilliqa blockchain instead of the traditional ones like .com, .org, .net, etc. With the new extension creates new possibilities for us to book the domains which are not available or already purchased by someone else.
You can pre-book a .zil domain name by spending $10, However, this initial purchase will be provided for 2 years, making .zil domain for as cheap as $5 per year.
Currently, their target is to go live with DNS system by next month. After June 2019, anyone would be able to upload a website on their .zil domain.
However, since these domains are based on zilliqa blockchain, we would be able to send and receive cyptocurrency (ETH & Zilliqa) payments as well. Which means yourname.zil will not only open your website but also becomes your wallet address containing your crypto as well as your domain name.
Spending $5/yr to keep the control your own website with the decentralized DNS system, which also becomes your permanent wallet address, eliminating the need for complicated long strings as a wallet address is an amazing deal, in my opinion. I would encourage everyone, to at least visit the website and have a good look at Unstoppabledomains.com
I would love to know your thoughts on this in the comment section below, do you think $5/yr worth spending on .zil domains?