Cryptocurrency Domains – The Blockchain

 

see the address of your allowed account let’s click link Cryptocurrency Domains… fine and so then you simply wish to make certain 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 alright and that’s actually that’s actually it that’s really all you need to do okay so now you have to just click on sign 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 methods we want 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 sensible 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 alright 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 specific page okay your domain names if you attempt 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 filling right there and our wallet must appear right there so we click on next then see the address of your allowed account let’s click on link fine and so then you simply 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 information double check that it’s the exact same address right there okay and that’s truly that’s actually it that’s actually all you have to do all right so now you have to simply click on sign stating}

Is unstoppable Domains on Ethereum?

Blockchain domain name company Unstoppable Domains will no longer charge customers gas charges to mint an NFT domain name as of today, the company announced. Unstoppable has completed the very first stage of its move to Polygon, a layer-2 scaling solution for Ethereum which has the ability to speed up deals and reduce fees.

 

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

 

” Gas” on Ethereum describes the variable cost of making any sort of transaction on the network and can frequently get quite costly. For example, gas charges to mint a single domain name on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to decrease such fees, it’s unclear when the upgrade will be complete, which might help explain why Unstoppable Domains chose to move to Polygon now.

Unlike many other NFTs, which are frequently associated with visual art such as images, gifs, or short videos, NFT domain names are just web domain names that exist on a blockchain. NFTs are tokens that can be used to represent ownership over numerous kinds of digital items, consisting of “uncensorable” web domains. These domains also serve the double purpose of offering brief, easy-to-remember crypto wallet addresses, much like the “. eth” names supplied by the Ethereum Call Service.

How much does unstoppable Domains cost?

 

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

2 weeks back, privacy-focused internet browser Brave added assistance for decentralized domain names from Unstoppable Domains. Executives from both companies told 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 names have been set up through its service given that 2018. The business permits users to purchase domain names ending in.crypto,.

Now that Unstoppable Domains is transferring to Polygon, the business plans to use support for domain management in addition to 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 as well as add other functions like NFT galleries and social networks links. If users wish to move their domains from Polygon to Ethereum, they’ll have the ability to do so sometime in early 2022, but Ethereum gas costs will use..

like yeah yeah i signed i understand like this that’s my wallet proper now we need to state set the owner of this domain name to this address click i understand now you have actually set a customized gas price and then we have to sign the transaction and there you go fine so what’s going to take place right here looks out insufficient funds that’s absolutely regular all right since this is a brand new wallet i do not have any ethereum in this so i can’t really pay for the gas fees to actually claim this therefore again you have a few various alternatives so you can either go here and purchase a claim credit let me simply navigate back to the web page there we go so we can buy a claim credit right here if we want to declare uh our domain name 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 move the ethereum to this meta mask wallet and after that you can spend for the ethereum that way or you can simply wait until they create a service which they’re dealing with as a way to declare your domain name free of charge alright everybody that’s it for this video on unstoppable domain names so these domain names 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 portion of every crypto domain sale personally even with these dangers i still think we require a service like unstoppable domains to assist onboard brand-new crypto users their user interface is extremely user friendly the fees are much lower and there are no gas costs moving forward plus because they produce human legible addresses amongst several wallets they are clearly a tool that brand-new users will appreciate for those people who have already bought defy understanding wallet addresses and how clever agreements work resembles a force of habit however 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 don’t necessarily need to understand how chrome actually loads your facebook.com page by using dns ipv6 html and javascript you do not necessarily need to understand precisely how crypto works to use it instead similar to you type in facebook.com and struck go new users simply need to understand that sending money in crypto is just as easy as asking somebody to pay alice.crypto thank you men a lot for enjoying this instructional video about unstoppable domains however i will state for the rest of this video i’m in fact going to be revealing you how to register 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 reveal you how to establish a brand-new unstoppable domain and for the purposes of this video i’m going to be registering turtlecat.crypto and you can see that it’s offered for forty dollars so i’m gon na go ahead and click contribute to cart i’m gon na go to my cart and practically uh yes i live 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 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 actually click on ethereum down here and then we are going to copy this address increase to our metamask account and click send out and then i’m going to paste the address in and then the amount of ethereum i’m going to send is the exact quantity that they have shared here and although 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 four five 3 eight 4 five 3 with two leading absolutely 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 which’s just because right now ethereum is extremely congested so to get your transaction first in line you need to pay basically twenty three dollars for this video i’m gon na go on and pay that however i would not recommend you paying that right now as you can see they have actually automatically updated that they have spotted a payment and now we essentially wait for that payment to be validated [Music] if we go here and we click these 3 dots and view accounts in ether scan we can in fact 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 locations like to see 10 other like to see 35 and what this means is that there’s actually in this block there’s two more blocks that have actually been validated in front of it and so this is to guarantee that this deal in fact does not get gone back because of some fork in the network the more block confirmations you have the more safe this deal.

What is an unstoppable domain?

is there we go they have actually emailed the receipt to my email and then they have actually likewise again revealed me just 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 complimentary mint and right now they in fact have a layer 2 capability which suggests you can mint totally 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 monitor 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 just going to paste it in there we go it worked i’m going to use metamask to mint and after that this is generally confirming that we in fact 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 after that confirm it and now turtle cat dot crypto will always be associated with this account so i proceeded and i increased here to domains and then picked my domains let me get it here and then i clicked on the turtle cat.crypto that i purchased and you click handle and this allows you to modify all of your wallet addresses so you can see here i might merely input my bitcoin address my ethereum address which has actually immediately been included litecoin xrp zill and utilizing this ad currency i can add.

 

any other currency that they have listed for instance i might add cardano and you can see that it’s been included here and after that i simply just paste in my cardano address and verify changes and that’ll essentially make it so whenever someone sends out money to turtlecat.crypto it’ll go to this ada address now likewise prior to i end this video i wanted to show you that you can really edit the site things but it will be coming soon you can also confirm your domains you can add profile there resembles photos and things you can do and absolutely you can move or offer your domain so it’s a bunch of actually cool functions on unstoppable domains however i wished to state one more thing genuine fast at the end of this video i think for cyber monday they’re really doing a buy one get one sale.