Crypto Domains Explained – The Blockchain

 

view the address of your permitted account let’s click on link Crypto Domains Explained… all right and so then you just wish to ensure to double check this right here all right double check that this address is the same address go here to account details double check that it’s the same address right there all right and that’s actually that’s actually it that’s truly all you have to do fine so now you have to just click on indication stating|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 desire to come over here let’s click on account information 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 fine so i’ll simply click on the little check mark there we go and that’s it okay so as soon as 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 okay your domain names if you try and just click on the web wallet from where you’re at it’s going to provide you an error so anyways let’s click click here declare with ethereum there we go now we can click this and it needs to work there we go so now whatever’s filling right there and our wallet needs to appear right there so we click on next then see the address of your allowed account let’s click on link all right and so then you simply desire to make sure to double check this right here okay double check that this address is the exact same address go here to account information double check that it’s the exact same address right there all right and that’s actually that’s actually it that’s really all you have to do okay so now you have to simply click on sign saying}

Is unstoppable Domains on Ethereum?

Blockchain domain company Unstoppable Domains will no longer charge consumers gas charges to mint an NFT domain since today, the company revealed. Unstoppable has actually finished the very first stage of its move to Polygon, a layer-2 scaling solution for Ethereum which has the ability to speed up transactions and mitigate charges.

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

 

Initially, Unstoppable Domains made use of the Zilliqa blockchain before transferring to Ethereum and now Polygon, which touts itself as ” the environmentally friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum refers to the variable cost of making any sort of deal on the network and can frequently get rather pricey. For instance, gas costs to mint a single domain on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is presently in the process of updating its network to minimize such fees, it’s uncertain when the upgrade will be total, which may assist discuss why Unstoppable Domains picked to transfer to Polygon now.

Unlike numerous other NFTs, which are often associated with visual art such as images, gifs, or brief videos, NFT domain names are just web domain names that exist on a blockchain. These domains likewise serve the dual function of offering 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.

Two weeks ago, privacy-focused internet browser Brave added assistance 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 claims that more than 1.5 million NFT domain names have actually been set up through its service because 2018. The business enables users to purchase domain names ending in.crypto,.

Now that Unstoppable Domains is transferring to Polygon, the company plans to use assistance 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 be able to set up domains on Polygon with their cryptocurrency addresses along with add other features like NFT galleries and social networks links. If users wish to move their domains from Polygon to Ethereum, they’ll be able to do so sometime in early 2022, however Ethereum gas fees will use..

like yeah yeah i signed i understand like this that’s my wallet correct now we need to state set the owner of this domain to this address click on i comprehend now you have actually set a custom gas cost and after that we need to sign the transaction and there you go okay so what’s going to take place right here looks out inadequate funds that’s completely 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 fees to really claim this and so once again you have a couple of different alternatives so you can either go here and buy a claim credit let me just navigate back to the web page there we go so we can buy a claim credit right here if we wish to declare uh our domain or you can simply wait so the other option is simply to put ethereum in this wallet yourself so you can go to coinbase buy ethereum transfer the ethereum to this meta mask wallet and after that you can pay for the ethereum that way or you can just wait till they create a solution which they’re working on as a way to declare your domain free of charge alright everybody that’s it for this video on unstoppable domain names so these domain are unstoppable since they are connected 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 dangers i still think we require a service like unstoppable domains to help onboard brand-new crypto users their interface is really user friendly the charges are much lower and there are no gas costs moving forward plus given that they produce human legible addresses amongst various wallets they are clearly a tool that brand-new users will appreciate for those of us who have actually currently invested in defy understanding wallet addresses and how smart agreements work resembles a force of habit however only a few years ago or for me a few months ago a lot of these ideas were over our heads just like you don’t always need to know how chrome in fact loads your facebook.com page by using dns ipv6 html and javascript you do not always need to understand exactly how crypto works to utilize it rather just like you enter facebook.com and hit go new users simply require to know that sending out cash in crypto is just as easy as asking someone to pay alice.crypto thank you men a lot for seeing this instructional video about unstoppable domains however i will say for the rest of this video i’m actually going to be revealing you how to register a new domain and sharing the procedure 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 set up 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 zip code and after that 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 want to pay with ethereum so the first thing we’re going to do is in fact 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 after that i’m going to paste the address in and then the quantity of ethereum i’m going to send out is the precise quantity that they have actually shared here and even though it’s calculated at little less than 40 this is what they’re requesting for so that’s how much i’m going to send out i’m going to check those eight 4 five three 8 4 5 three with 2 leading nos 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 deal fee is going to be 24 which’s even if today ethereum is really crowded so to get your transaction first in line you have to pay basically twenty three dollars for this video i’m gon na go ahead and pay that however i would not suggest you paying that right now as you can see they’ve instantly upgraded that they have actually found a payment and now we generally wait for that payment to be confirmed [Music] if we go here and we click these 3 dots and view accounts in ether scan we can really see that 20 seconds ago that deal was made and if we click on that deal you can see here there are two block verifications and some locations like to see 10 other like to see 35 and what this implies is that there’s really in this block there’s two more blocks that have been verified in front of it therefore this is to make sure that this deal actually does not get reverted because of some fork in the network the more block verifications you have the more secure this transaction.

What is an unstoppable domain?

is there we go they’ve emailed the receipt to my email and after that they have actually also once again showed me how much i paid so if i go here to go to my domains now i actually own turtlecat.crypto what i can do is that’s presently not minted nevertheless what i can do is i can do a totally free mint and right now they really have a layer 2 capability which suggests you can mint free of charge 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 screen i’m going to find it and instead of attempting to type it in i’m not exactly 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 use metamask to mint and after that this is generally verifying that we really own this wallet and after that this is the address that it’s going to be sent to so we essentially just click i comprehend and then validate it and now turtle feline dot crypto will always be connected with this account so i proceeded and i increased here to domains and after that chosen my domains let me get it here and after that i clicked the turtle cat.crypto that i bought and you click manage and this permits you to edit all of your wallet addresses so you can see here i might simply input my bitcoin address my ethereum address which has actually automatically been included litecoin xrp zill and utilizing this advertisement currency i can include.

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

 

any other currency that they have actually noted for example i might add cardano and you can see that it’s been included here and after that i merely just paste in my cardano address and confirm changes which’ll basically make it so whenever someone sends money to turtlecat.crypto it’ll go to this ada address now also before i end this video i wanted to share with you that you can actually edit the website stuff however it will be coming quickly you can likewise validate your domains you can add profile there resembles images and things you can do and certainly you can move or offer your domain so it’s a lot of actually cool functions 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 really doing a buy one get one sale.

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