Are Domains A Good Investment – The Blockchain

 

see the address of your allowed account let’s click link Are Domains A Good Investment… fine and so then you just want to make sure to check this right here fine check that this address is the same address go here to account information check that it’s the same address right there okay which’s truly that’s truly it that’s actually all you need to do alright so now you need to just click sign saying|Now you have an ethereum wallet set up on your laptop or whatever you’re using to follow along with this video so in any ways we want to come over here let’s click on account information so personally i would like to change it to something else like uh domains or something that more rational and then right down here is the ethereum address alright so i’ll simply click on the little check mark there we go and that’s it okay so when you have everything set up with metamask leave it open in a new tab within your web browser with you logged in next you need to browse back to this particular page all right your domain names if you try and just click on the web wallet from where you’re at it’s going to give you a mistake so anyways let’s click click here declare with ethereum there we go now we can click this and it ought to work there we go so now whatever’s loading right there and our wallet ought to 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 all right double check that this address is the exact same address go here to account details double check that it’s the very same address right there okay and that’s actually that’s really it that’s truly all you have to do alright so now you have to simply click on indication stating}

Is unstoppable Domains on Ethereum?

Blockchain domain name company Unstoppable Domains will no longer charge clients gas fees to mint an NFT domain since today, the company announced. Unstoppable has completed the first phase of its relocate to Polygon, a layer-2 scaling service for Ethereum which is able to accelerate transactions and mitigate charges.

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

 

At First, Unstoppable Domains utilized the Zilliqa blockchain prior to transferring to Ethereum and now Polygon, which promotes itself as ” the environment-friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum describes the variable expense of making any sort of transaction on the network and can typically get quite expensive. For instance, gas charges to mint a single domain on Unstoppable Domains by means of Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to decrease such charges, it’s unclear when the upgrade will be total, which may help explain why Unstoppable Domains chose to transfer to Polygon now.

Unlike lots of other NFTs, which are often associated with visual art such as images, gifs, or brief videos, NFT domain names are simply web domain names that exist on a blockchain. These domains likewise serve the dual function of supplying short, easy-to-remember crypto wallet addresses, much like the “.

How much does unstoppable Domains cost?

 

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

2 weeks earlier, privacy-focused internet browser Brave added support for decentralized domain names from Unstoppable Domains. Executives from both business told Decrypt that the advantage 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 established through its service because 2018. The business permits users to purchase domain names ending in.crypto,. nft,. bitcoin,. dao and.blockchain, to name a few.

Now that Unstoppable Domains is moving to Polygon, the company prepares to provide assistance for domain management as well as transfer solutions for those with older Zilliqa and Ethereum-minted domains. At the end of the month, users will have the ability to establish domains on Polygon with their cryptocurrency addresses in addition to add other functions like NFT galleries and social networks links. If users want to move their domains from Polygon to Ethereum, they’ll have the ability to do so sometime in early 2022, but Ethereum gas fees will use..

like yeah yeah i signed i understand like this that’s my wallet appropriate now we need to say set the owner of this domain to this address click i comprehend now you have actually set a custom gas price and after that we need to sign the transaction and there you go okay so what’s going to occur right here looks out insufficient funds that’s absolutely regular alright since this is a brand new wallet i do not have any ethereum in this so i can’t in fact spend for the gas costs to really declare this therefore once again you have a couple of various alternatives 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 declare uh our domain or you can simply wait so the other alternative is just to put ethereum in this wallet yourself so you can go to coinbase buy ethereum transfer the ethereum to this meta mask wallet and then you can spend for the ethereum that way or you can just wait up until they create a solution which they’re dealing with as a method to declare your domain totally free alright everybody that’s it for this video on unstoppable domain names so these domain names are unstoppable due to the fact that they are tied to the blockchain you own them permanently and no one can take it away from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these risks i still think we need a service like unstoppable domains to assist onboard new crypto users their user interface is extremely user friendly the costs are much lower and there are no gas costs moving forward plus since they produce human readable addresses amongst several wallets they are clearly a tool that brand-new users will value for those people who have currently invested in defy understanding wallet addresses and how smart contracts work is like a second nature but just a couple of years ago or for me a couple of months ago a lot of these concepts were over our heads just like you do not necessarily need to know how chrome in fact loads your facebook.com page by utilizing dns ipv6 html and javascript you do not always need to know precisely how crypto works to utilize it rather much like you key in facebook.com and struck go new users simply require to know that sending out money in crypto is just as easy as asking someone to pay alice.crypto thank you men a lot for watching this instructional video about unstoppable domains however i will state for the rest of this video i’m in fact going to be showing you how to register a new domain and sharing the process with you so you can follow along or see how simple it is let’s dig in alright we’re here at unstoppabledomains.com and i’m actually going to show you how to set up a new unstoppable domain and for the functions of this video i’m going to be registering turtlecat.crypto and you can see that it’s readily available for forty dollars so i’m gon na proceed and click contribute to cart i’m gon na go to my cart and practically uh yes i reside in the united states my zip code and after that i wan na continue with e-mail so here you can see that you can really choose charge card paypal cryptocurrency or the crypto.com app so i want to pay with ethereum so the first thing we’re going to do is really click on ethereum down here and then we are going to copy this address go up to our metamask account and click send out and then i’m going to paste the address in and after that the amount of ethereum i’m going to send is the specific amount that they have actually shared here and although it’s computed at little less than 40 this is what they’re requesting for so that’s just how much i’m going to send i’m going to check those eight four five three 8 4 5 3 with 2 leading zeroes so that’s what i’m going to pay with we’re going to go ahead and click next as you can see here the transaction fee is going to be 24 which’s even if today ethereum is extremely congested so to get your transaction initially in line you have to pay basically twenty three dollars for this video i’m gon na go on and pay that however i would not suggest you paying that today as you can see they’ve immediately upgraded that they have identified a payment and now we generally wait for that payment to be verified [Music] if we go here and we click these three dots and view accounts in ether scan we can in fact see that 20 seconds ago that deal was made and if we click on that transaction you can see here there are 2 block verifications and some locations like to see 10 other like to see 35 and what this suggests is that there’s in fact in this block there’s two more blocks that have been confirmed in front of it and so this is to guarantee that this transaction in fact doesn’t get reverted because of some fork in the network the more block confirmations you have the more protected this transaction.

What is an unstoppable domain?

exists we go they have actually emailed the invoice to my e-mail and then they’ve also once again revealed me just how much i paid so if i go here to go to my domains now i really own turtlecat.crypto what i can do is that’s currently not minted nevertheless what i can do is i can do a complimentary mint and right now they really have a layer 2 ability which indicates you can mint for free on polygon and we’re going to continue and do that they’re going to send us a confirmation code and over here on the other display i’m going to discover it and instead of attempting to type it in i’m not sure if that’s an i or a 1 so i’m simply going to paste it in there we go it worked i’m going to utilize metamask to mint and after that this is basically validating that we actually own this wallet and after that this is the address that it’s going to be sent to so we essentially just click i understand and then validate it and now turtle feline dot crypto will constantly be associated with this account so i went on and i went up here to domains and then chosen my domains let me get it here and then i clicked on the turtle cat.crypto that i bought and you click manage and this permits you to modify all of your wallet addresses so you can see here i could just input my bitcoin address my ethereum address which has automatically been included litecoin xrp zill and using this ad currency i can add.

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

 

any other currency that they have actually listed for instance i might add cardano and you can see that it’s been included here and then i simply just paste in my cardano address and verify changes and that’ll generally make it so whenever somebody sends out money to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wanted to show you that you can in fact modify the site things however it will be coming quickly you can also verify your domains you can add profile there’s like images and things you can do and definitely you can move or offer your domain so it’s a bunch of truly cool features on unstoppable domains however i wished to state another thing genuine fast at the end of this video i believe for cyber monday they’re in fact doing a buy one get one sale.

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