Cryptocurrency Domain Names – The Blockchain

 

view the address of your permitted account let’s click on link Cryptocurrency Domain Names… okay and so then you just wish to make certain to check this right here okay double check that this address is the same address go here to account details check that it’s the same address right there all right and that’s actually that’s really it that’s actually all you need to do all right so now you need to just click sign saying|Now you have an ethereum wallet set up on your laptop computer or whatever you’re using to follow along with this video so in any methods we want to come over here let’s click on account details so personally i would like to change it to something else like uh domains or something that more logical and then right down here is the ethereum address all right 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 specific 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 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 needs to appear right there so we click on next then see the address of your permitted account let’s click on connect all right and so then you simply desire to make sure to double check this right here fine double check that this address is the exact same address go here to account details double check that it’s the same address right there fine and that’s truly that’s really it that’s truly all you have to do fine so now you have to just click on indication saying}

Is unstoppable Domains on Ethereum?

Blockchain domain name business Unstoppable Domains will no longer charge clients gas fees to mint an NFT domain name since today, the company announced. Unstoppable has completed the first phase of its transfer to Polygon, a layer-2 scaling solution for Ethereum which is able to speed up transactions and alleviate costs.

 

Unstoppable Domains made use of the Zilliqa blockchain prior to moving to Ethereum and now Polygon, which promotes 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 costly. For example, gas costs 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 upgrading its network to reduce such costs, it’s unclear when the upgrade will be total, which might assist explain why Unstoppable Domains selected to move to Polygon now.

Unlike numerous other NFTs, which are frequently associated with visual art such as images, gifs, or brief videos, NFT domain names are just web domain names that exist on a blockchain. NFTs are tokens that can be utilized to represent ownership over numerous types of digital products, including “uncensorable” web domains. These domains also serve the double purpose of providing brief, easy-to-remember crypto wallet addresses, similar to the “. eth” names offered by the Ethereum Name Service.

How much does unstoppable Domains cost?

 

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

2 weeks earlier, privacy-focused browser Brave added assistance for decentralized domain names from Unstoppable Domains. Executives from both business informed Decrypt that the advantage of the decent …

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

 

Unstoppable Domains claims that more than 1.5 million NFT domain have been set up through its service because 2018. The company allows users to acquire domain ending in.crypto,. nft,. bitcoin,. dao and.blockchain, among others.

Now that Unstoppable Domains is transferring to Polygon, the business plans to use support for domain management as well as transfer options 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 as well as include other functions 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, however Ethereum gas fees will use..

like yeah yeah i signed i understand like this that’s my wallet right now we need to state set the owner of this domain name to this address click i understand now you have set a custom-made gas rate and after that we have to sign the deal and there you go okay so what’s going to occur right here is alert inadequate funds that’s completely normal alright because this is a brand new wallet i do not have any ethereum in this so i can’t really pay for the gas costs to in fact declare this therefore again you have a couple of various choices 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 purchase a claim credit right here if we want to declare uh our domain or you can just wait so the other alternative 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 spend for the ethereum that way or you can just wait till they develop an option which they’re dealing with as a way to declare your domain totally free alright everybody that’s it for this video on unstoppable domain so these domain are unstoppable because they are connected to the blockchain you own them forever and nobody can take it away from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these risks i still believe we need a service like unstoppable domains to help onboard new crypto users their interface is extremely user friendly the costs are much lower and there are no gas charges moving forward plus given that they develop human readable addresses among several wallets they are clearly a tool that brand-new users will value for those people who have currently bought defy comprehending wallet addresses and how wise agreements work resembles a force of habit but just a couple of years ago or for me a couple of months ago a lot of these concepts were over our heads similar to you do not necessarily need to know how chrome in fact loads your facebook.com page by using dns ipv6 html and javascript you do not necessarily need to know exactly how crypto works to use it instead just like you type in facebook.com and struck go brand-new users just require to understand that sending cash in crypto is just as simple as asking someone to pay alice.crypto thank you guys a lot for enjoying this academic video about unstoppable domains but i will say for the rest of this video i’m actually going to be showing you how to sign up a new domain and sharing the procedure with you so you can follow along or see how basic it is let’s dig in alright we’re here at unstoppabledomains.com and i’m in fact going to reveal 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 go ahead and click contribute 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 after that i wan na continue with e-mail so here you can see that you can in fact 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 and then i’m going to paste the address in and after that the amount of ethereum i’m going to send out is the specific quantity that they have actually shared here and even though it’s determined at little less than 40 this is what they’re requesting so that’s how much i’m going to send i’m going to double check those eight 4 5 3 8 4 five 3 with two 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 transaction charge is going to be 24 and that’s even if today ethereum is really crowded so to get your transaction first in line you need to pay basically twenty 3 dollars for this video i’m gon na proceed and pay that but i would not advise you paying that today as you can see they have actually immediately upgraded that they have actually found a payment and now we essentially wait for that payment to be confirmed [Music] if we go here and we click on these three dots and view accounts in ether scan we can really see that 20 seconds ago that deal was made and if we click that deal you can see here there are two block confirmations and some locations like to see 10 other like to see 35 and what this means is that there’s actually in this block there’s 2 more blocks that have actually been confirmed in front of it and so this is to make sure that this transaction in fact doesn’t get gone back because of some fork in the network the more block confirmations you have the more protected this deal.

What is an unstoppable domain?

exists we go they have actually emailed the receipt to my email and then they’ve also once again showed 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 totally free mint and today they in fact have a layer 2 capability which implies you can mint free of charge on polygon and we’re going to continue and do 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 uncertain 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 essentially validating that we really own this wallet and then this is the address that it’s going to be sent out to so we essentially just click i comprehend and then validate it and now turtle cat dot crypto will always be related to this account so i went on and i increased here to domains and after that picked my domains let me get it here and then i clicked the turtle cat.crypto that i purchased and you click on manage and this enables 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 instantly been included litecoin xrp zill and using this advertisement currency i can add.

 

any other currency that they have actually noted for instance i could add cardano and you can see that it’s been added here and then i merely just paste in my cardano address and confirm changes which’ll basically 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 wished to show you that you can really edit the site things but it will be coming soon you can also validate your domains you can add profile there’s like pictures and things you can do and definitely you can transfer or sell your domain so it’s a lot of really cool functions on unstoppable domains but i wanted to say one more thing real quick at the end of this video i believe for cyber monday they’re really doing a buy one get one sale.