Amazon Buys Crypto Domain – The Blockchain

 

view the address of your permitted account let’s click on link Amazon Buys Crypto Domain… fine and so then you just want to ensure to double check this right here okay check that this address is the same address go here to account information check that it’s the same address right there okay and that’s really that’s truly it that’s really all you need to do fine so now you need to simply click indication saying|Now you have an ethereum wallet set up on your laptop computer or whatever you’re utilizing to follow along with this video so in any methods we desire to come over here let’s click on account details so personally i would like to alter it to something else like uh domains or something that more logical and then right down here is the ethereum address okay so i’ll simply click on the little check mark there we go and that’s it okay so as soon as you have whatever set up with metamask leave it open in a brand-new tab within your web internet browser with you logged in next you need to browse back to this particular page fine your domain names if you attempt and simply click on the web wallet from where you’re at it’s going to give you an error so anyways let’s click click here claim with ethereum there we go now we can click this and it must work there we go so now everything’s filling right there and our wallet should appear right there so we click on next then view the address of your permitted account let’s click on link fine and so then you just want to make sure to double check this right here alright double check that this address is the very same address go here to account information double check that it’s the same address right there alright and that’s truly that’s truly it that’s truly all you have to do okay so now you have to just click on indication stating}

Is unstoppable Domains on Ethereum?

Blockchain domain name company Unstoppable Domains will no longer charge customers gas costs to mint an NFT domain name as of today, the company revealed. Unstoppable has completed the very first phase of its relocate to Polygon, a layer-2 scaling solution for Ethereum which has the ability to accelerate transactions and reduce costs.

https://www.youtube.com/watch?v=9eu-i42rE0Y

 

Unstoppable Domains made use of the Zilliqa blockchain prior to moving to Ethereum and now Polygon, which touts itself as ” the eco-friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum describes the variable expense of making any sort of transaction on the network and can often get quite costly. For example, gas costs to mint a single domain name on Unstoppable Domains by means of Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to lower such costs, it’s uncertain when the upgrade will be total, which might assist explain why Unstoppable Domains chose to move to Polygon now.

Unlike many other NFTs, which are often associated with visual art such as images, gifs, or short videos, NFT domain names are just web domain that exist on a blockchain. NFTs are tokens that can be utilized to represent ownership over different types of digital items, including “uncensorable” web domains. These domains likewise serve the dual function of providing short, easy-to-remember crypto wallet addresses, similar to the “. eth” names supplied by the Ethereum Name Service.

How much does unstoppable Domains cost?

 

Brave Co-Founder: ‘User Choice’ At Heart of Crypto Web Domains.

2 weeks back, privacy-focused internet browser Brave added assistance for decentralized domain from Unstoppable Domains. Executives from both companies informed Decrypt that the benefit of the decent …

NewsBusiness.
2 minutes read.
Ekin GençMay 31, 2021.

https://www.youtube.com/watch?v=HVdNSvRhRys

 

Unstoppable Domains declares that more than 1.5 million NFT domain names have been set up through its service because 2018. The company enables users to acquire domain names ending in.crypto,.

Now that Unstoppable Domains is relocating to Polygon, the company prepares to provide support for domain management as well as transfer services for those with older Zilliqa and Ethereum-minted domains. At the end of the month, users will have the ability to set up domains on Polygon with their cryptocurrency addresses along with include other features like NFT galleries and social media links. If users want to move their domains from Polygon to Ethereum, they’ll have the ability to do so at some point in early 2022, but Ethereum gas costs will apply..

like yeah yeah i signed i comprehend like this that’s my wallet proper now we have to say set the owner of this domain to this address click on i comprehend now you have set a customized gas cost and then we have to sign the transaction and there you go okay so what’s going to occur right here is alert inadequate funds that’s totally regular alright due to the fact that this is a brand new wallet i don’t have any ethereum in this so i can’t actually pay for the gas charges to actually declare this and so once again you have a couple of various options so you can either go here and purchase a claim credit let me simply navigate back to the home page there we go so we can buy a claim credit right here if we want to claim uh our domain name or you can simply wait so the other choice is simply to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum move the ethereum to this meta mask wallet and after that you can pay for the ethereum that way or you can simply wait up until they develop a solution which they’re dealing with as a way to claim your domain free of charge alright everyone that’s it for this video on unstoppable domain so these domain names are unstoppable since they are tied to the blockchain you own them permanently and nobody can take it far from yo.

Who owns unstoppable Domains?

a portion of every crypto domain sale personally even with these threats i still think we require a service like unstoppable domains to assist onboard brand-new crypto users their user interface is extremely easy to use the fees are much lower and there are no gas charges progressing plus given that they create human legible addresses among many different wallets they are plainly a tool that brand-new users will appreciate for those people who have already invested in defy understanding wallet addresses and how clever agreements work resembles a second nature but just a few years ago or for me a couple of months ago a lot of these ideas were over our heads just like you do not necessarily need to understand how chrome actually loads your facebook.com page by using dns ipv6 html and javascript you do not always need to know exactly how crypto works to utilize it instead just like you enter facebook.com and struck go brand-new users just require to understand that sending out money in crypto is just as simple as asking somebody to pay alice.crypto thank you men a lot for watching this academic video about unstoppable domains however i will say for the rest of this video i’m in fact going to be showing you how to sign up a brand-new domain and sharing the process with you so you can follow along or see how easy it is let’s dig in alright we’re here at unstoppabledomains.com and i’m really going to show you how to establish a brand-new unstoppable domain and for the purposes of this video i’m going to be signing up turtlecat.crypto and you can see that it’s offered for forty dollars so i’m gon na go ahead and click add to cart i’m gon na go to my cart and pretty much uh yes i reside in the united states my postal code and then i wan na continue with e-mail so here you can see that you can actually choose credit card paypal cryptocurrency or the crypto.com app so i wish to pay with ethereum so the first thing we’re going to do is actually click ethereum down here and after that we are going to copy this address increase to our metamask account and click send and then i’m going to paste the address in and after that the amount of ethereum i’m going to send is the precise amount that they have shared here and despite the fact that it’s determined at little less than 40 this is what they’re asking for so that’s how much i’m going to send out i’m going to double check those 8 4 five three eight 4 five 3 with 2 leading absolutely nos so that’s what i’m going to pay with we’re going to proceed and click next as you can see here the transaction cost is going to be 24 and that’s just because today ethereum is very congested so to get your transaction initially in line you have to pay generally twenty 3 dollars for this video i’m gon na go ahead and pay that however i would not advise you paying that right now as you can see they have actually instantly updated that they have actually discovered a payment and now we essentially wait for that payment to be validated [Music] if we go here and we click on these 3 dots and view accounts in ether scan we can really see that 20 seconds ago that transaction was made and if we click on that deal you can see here there are 2 block confirmations and some places like to see 10 other like to see 35 and what this suggests is that there’s really in this block there’s 2 more blocks that have actually been validated in front of it and so this is to guarantee that this transaction really does not get gone back because of some fork in the network the more block verifications you have the more safe this deal.

What is an unstoppable domain?

is there we go they have actually emailed the invoice to my e-mail and then they have actually likewise once again revealed me just how much i paid so if i go here to go to my domains now i in fact own turtlecat.crypto what i can do is that’s presently not minted however what i can do is i can do a free mint and right now they really have a layer 2 capability which indicates you can mint free of charge on polygon and we’re going to do and continue that they’re going to send us a verification code and over here on the other screen i’m going to find it and instead of trying to type it in i’m not sure if that’s an i or a 1 so i’m just going to paste it in there we go it worked i’m going to utilize metamask to mint and after that this is essentially validating that we actually own this wallet and then this is the address that it’s going to be sent to so we basically simply click i understand and then validate it and now turtle feline dot crypto will always be related to this account so i went on and i went up here to domains and then chosen my domains let me get it here and after that i clicked the turtle cat.crypto that i purchased and you click on handle and this allows you to edit all of your wallet addresses so you can see here i could just input my bitcoin address my ethereum address which has actually automatically been included litecoin xrp zill and utilizing this ad currency i can include.

https://www.youtube.com/watch?v=-rwkombbgDQ

 

any other currency that they have actually noted for instance i could include cardano and you can see that it’s been included here and after that i merely just paste in my cardano address and verify changes which’ll generally make it so whenever somebody sends out cash to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wished to share with you that you can really modify the website things but it will be coming quickly you can likewise verify your domains you can include profile there’s like pictures and stuff you can do and absolutely you can transfer or offer your domain so it’s a lot of really cool features on unstoppable domains however i wanted to say one more thing genuine quick at the end of this video i think for cyber monday they’re actually doing a buy one get one sale.

https://www.youtube.com/watch?v=wYSwK0v-pvk