Crypto Terms:
Letter U
What is Unstoppable Domains?
Meaning:
Unstoppable Domains -
is a company that offers blockchain-based domain names to users.
Let's find out Unstoppable Domains meaning, definition in crypto, what is Unstoppable Domains, and all other detailed facts.
Unstoppable Domains refers to a company that offers blockchain-based domain names such as .zil or .crypto to users. The main purpose of Unstoppable Domains is to decentralize the web. The company also focuses on digital identity ownership and making crypto payments easier to complete.
Additionally, they are striving to shift power to users, ensure that data and value transactions are available and effective, and accomplish censorship resistance. Instead of a centralized platform, the company leverages both the Ethereum and Zilliqa blockchains to accomplish this.
On the Ethereum blockchain, these particular domain names might be minted as an NFT (non-fungible token). Traditional domain names, on the other hand, are not eternal and must be renewed every year which includes yearly registration fees.
Aside from the fact that users have full ownership and authority, blockchain-based domains have a few other advantages, one of which is that they are completely censorship-resistant.
Besides, blockchain-based domain names can refer to material based on the internet, on InterPlanetary File System (IPFS), or to cryptocurrency addresses. In this case, the domain owner might link their Bitcoin, Ether, or other crypto wallet address to the domain and instruct users to pay crypto to the domain rather than to a difficult alphanumeric wallet address.
Despite the fact that there are over 750,000 addresses minted to data, Unstoppable Domains renders cryptocurrency transactions on the web in a far easier way. It supplies simple web addresses and removes the requirement to recognize a recipient's public key address, which includes an unmanageable set of letters and numbers.
cryptocurrencies. The agency has imposed fines and warnings on companies like Coinbase and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-bitpay/">BitPay due to cases of <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-ransomware/">ransomware and other malicious attacks on victims possessing cryptocurrencies.<\/p>","definition":"financial intelligence and enforcement agency.","status":"published","meta_title":"What is US Office of Foreign Assets Control (OFAC)? Definition & Meaning | Crypto Wiki","meta_description":"US Office of Foreign Assets Control (OFAC) meaning: US Office of Foreign Assets Control (OFAC) - financial intelligence and enforcement agency.","meta_keywords":null}"
:prev-section="{"id":909,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Unspent_transaction_output","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2023-12-14T16:35:16.000000Z","slug":"what-is-unspent-transaction-output-utxo","title":"What is Unspent Transaction Output (UTXO)?","section":"U","keyword":"Unspent Transaction Output (UTXO)","content":"<p><strong>Unspent transaction output (UTXO) is the<\/strong> <strong>leftover output from a cryptocurrency transaction that was not used as input<\/strong>. Many cryptocurrencies, including <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a>, use inputs and outputs for their transaction mechanics.<\/p>\n<p>Cryptocurrency transactions are completed using inputs and outputs. Inputs are addresses that the cryptocurrency is sent from at the start of the transaction, and the output is the address of the final destination.<\/p>\n<p>During cryptocurrency transactions, the wallet does not send out only the specific amount. Instead, assets linked to the particular wallet address are converted into the input. Any unspent assets are returned back to the initial wallet as unspent transaction output. UTXO can be used in other transactions in the future.<\/p>\n<p>If person A has 50 BTC and decides to send 10 BTC to person B, they must first unlock the 50 UTXOs in the wallet. All 50 coins are used as the transaction input. The transaction forwards 10 BTC to person B. The remaining 40 BTS return to the wallet belonging to person A as new UTXOs. Person B’s wallet now contains two separate UTXCOs – the previous balance and the additional coins sent by person A.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-validator/">Validators can verify that a transaction is valid if the total number of inputs is equal to or higher than the number of outputs<strong>.<\/strong> This mechanism ensures that users do not <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-double-spending/">double-spend their assets.<\/p>","definition":"the unspent cryptocurrency that returns to the wallet after a transaction.","status":"published","meta_title":"What is Unspent Transaction Output (UTXO)? Definition & Meaning | Crypto Wiki","meta_description":"Unspent Transaction Output (UTXO) meaning: Unspent Transaction Output (UTXO) - the unspent cryptocurrency that returns to the wallet after a transaction.","meta_keywords":null}"
:model="{"id":795,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Domain_name","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-14T16:34:03.000000Z","slug":"what-is-unstoppable-domains","title":"What is Unstoppable Domains?","section":"U","keyword":"Unstoppable Domains","content":"<p><strong>Unstoppable Domains<\/strong> refers to a company that offers <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain-based domain names such as <em>.zil <\/em>or <em>.crypto<\/em> to users. The main purpose of Unstoppable Domains is to decentralize the web. The company also focuses on digital identity ownership and making <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">crypto payments easier to complete.<\/p>\n<p>Additionally, they are striving to <strong>shift power to users<\/strong>, ensure that data and value transactions are available and effective, and accomplish censorship resistance. Instead of a centralized platform, the company leverages both the Ethereum and Zilliqa blockchains to accomplish this.<\/p>\n<p>On the Ethereum blockchain, these particular domain names might be <strong>minted<\/strong> as an <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-non-fungible-token-nft/">NFT (non-fungible token)<\/strong><\/a>. Traditional domain names, on the other hand, are not eternal and must be renewed <strong>every year<\/strong> which includes yearly registration fees.<\/p>\n<p>Aside from the fact that users have full ownership and authority, blockchain-based domains have a few other advantages, one of which is that they are completely censorship-resistant.<\/p>\n<p>Besides, blockchain-based domain names can refer to <strong>material based on the internet<\/strong>, on <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-interplanetary-file-system-ipfs/">InterPlanetary File System (IPFS)<\/strong><\/a>, or to cryptocurrency addresses. In this case, the domain owner might link their Bitcoin, Ether, or other <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wallet/">crypto wallet<\/strong><\/a> address to the domain and instruct users to pay crypto to the domain rather than to a difficult alphanumeric wallet address.<\/p>\n<p>Despite the fact that there are over 750,000 addresses minted to data, Unstoppable Domains renders cryptocurrency transactions on the web in a far easier way. It supplies <strong>simple web addresses<\/strong> and removes the requirement to recognize a recipient's public key address, which includes an unmanageable set of letters and numbers.<\/p>","definition":"is a company that offers blockchain-based domain names to users.","status":"published","meta_title":"What is Unstoppable Domains? Definition & Meaning | Crypto Wiki","meta_description":"Unstoppable Domains meaning: Unstoppable Domains - is a company that offers blockchain-based domain names to users.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
:chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin Killer","status":"published","modified_content":null},{"chapter_id":2,"order":10,"slug":"what-is-solana-in-crypto","title":"Is Solana an Improved Version of Ethereum?","status":"published","modified_content":null},{"chapter_id":2,"order":11,"slug":"what-is-polkadot-in-crypto","title":"The Bridge Between Blockchains: Polkadot","status":"published","modified_content":null},{"chapter_id":2,"order":12,"slug":"what-is-polygon-in-crypto","title":"Polygon: the Essential Scaling Solution for Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":13,"slug":"what-is-luna-crypto","title":"The Bumpy Road of Terra (LUNA)","status":"published","modified_content":null},{"chapter_id":2,"order":14,"slug":"what-is-fantom-crypto","title":"Is Fantom (FTM) Yet Another Ethereum Killer?","status":"published","modified_content":null},{"chapter_id":2,"order":15,"slug":"what-is-aave-crypto","title":"Aave: Crypto Lending 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Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart Contracts?","status":"published","modified_content":null},{"chapter_id":6,"order":7,"slug":"what-is-a-dao-in-crypto","title":"The Notion of a Decentralized Autonomous Ogranization (DAO)","status":"published","modified_content":null},{"chapter_id":6,"order":8,"slug":"what-is-staking-in-crypto","title":"What is the Goal of Staking Crypto Assets?","status":"published","modified_content":null},{"chapter_id":6,"order":9,"slug":"what-is-liquidity-pool-in-crypto","title":"What is a Liquidity Pool and How Does It Work?","status":"published","modified_content":null},{"chapter_id":6,"order":10,"slug":"what-is-automated-market-maker","title":"Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":6,"order":11,"slug":"what-is-yield-farming-in-crypto","title":"The Main Yield Farming Techniques","status":"published","modified_content":null},{"chapter_id":6,"order":12,"slug":"what-is-an-oracle-in-crypto","title":"Crypto Oracles: The Link Between Blockchain and Outside World Data","status":"published","modified_content":null},{"chapter_id":6,"order":13,"slug":"crypto-gambling","title":"The Peculiarities of Decentralized Crypto Gambling","status":"published","modified_content":null},{"chapter_id":6,"order":14,"slug":"what-is-the-metaverse","title":"Metaverse: A New Perception of Reality","status":"published","modified_content":null}]},{"id":7,"title":"Trading & Investing","slug":"trading-and-investing","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-trading.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-trading-101.jpg","rating":80,"sections":[{"chapter_id":7,"order":1,"slug":"where-to-trade-crypto","title":"Where Can You Trade Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration 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current-chapter="U"
current-section="what-is-unstoppable-domains">
