
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://216.58.221.46 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?

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?
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.
The Pricing
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.
My Conclusion
I would love to know your thoughts on this in the comment section below, do you think $5/yr worth spending on .zil domains?

