How Namecoin Works – The Blockchain

 

see the address of your permitted account let’s click connect How Namecoin Works… okay therefore then you just want to make sure to check this right here alright double check that this address is the same address go here to account information check that it’s the same address right there all right which’s really that’s truly it that’s really all you need to do alright so now you need to just click on sign saying|Now you have an ethereum wallet set up on your laptop or whatever you’re utilizing 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 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 fine so once you have whatever 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 all right your domain names if you try and just click on the web wallet from where you’re at it’s going to provide you a mistake so anyways let’s click click here declare with ethereum there we go now we can click this and it should work there we go so now everything’s filling right there and our wallet ought to appear right there so we click on next then see the address of your permitted account let’s click on link alright and so then you just want to make sure to double check this right here okay double check that this address is the very same address go here to account details double check that it’s the exact same address right there okay and that’s really that’s really it that’s really all you have to do all right 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 consumers gas charges to mint an NFT domain as of today, the business announced. Unstoppable has actually finished the first phase of its transfer to Polygon, a layer-2 scaling option for Ethereum which is able to accelerate transactions and alleviate fees.

 

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 cost of making any sort of deal on the network and can frequently get rather pricey. For example, gas costs 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 lower such costs, it’s uncertain when the upgrade will be complete, which may assist describe why Unstoppable Domains chose to relocate to Polygon now.

Unlike lots of other NFTs, which are often connected with visual art such as images, gifs, or brief videos, NFT domain names are simply web domain that exist on a blockchain. NFTs are tokens that can be used to represent ownership over various kinds of digital items, including “uncensorable” web domains. These domains also serve the dual function of supplying brief, easy-to-remember crypto wallet addresses, much like 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 ago, privacy-focused browser Brave added assistance for decentralized domain from Unstoppable Domains. Executives from both companies told Decrypt that the advantage of the decent …

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

 

Unstoppable Domains declares that more than 1.5 million NFT domain names have been established through its service given that 2018. The business permits users to purchase domain ending in.crypto,. nft,. bitcoin,. dao and.blockchain, to name a few.

Now that Unstoppable Domains is moving to Polygon, the business prepares to provide 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 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 at some point in early 2022, but Ethereum gas fees will apply..

like yeah yeah i signed i understand like this that’s my wallet correct now we have to state set the owner of this domain to this address click i comprehend now you have set a customized gas rate and after that we need to sign the transaction and there you go alright so what’s going to happen right here is alert inadequate funds that’s completely typical all right since this is a brand new wallet i do not have any ethereum in this so i can’t really spend for the gas costs to really claim this therefore again you have a couple of different choices so you can either go here and buy a claim credit let me simply navigate back to the web page there we go so we can purchase a claim credit right here if we wish to declare uh our domain or you can just wait so the other option is simply to put ethereum in this wallet yourself so you can go to coinbase buy ethereum move 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 service which they’re dealing with as a way to declare your domain name totally free alright everybody that’s it for this video on unstoppable domain names so these domain are unstoppable due to the fact that they are connected to the blockchain you own them permanently and nobody can take it far from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these dangers i still think we need a service like unstoppable domains to assist onboard brand-new crypto users their interface is very user friendly the costs are much lower and there are no gas fees moving on plus because they create human understandable addresses among several wallets they are plainly a tool that brand-new users will value for those people who have actually already invested in defy understanding wallet addresses and how clever agreements work resembles a force of habit however 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 don’t always need to understand precisely how crypto works to utilize it rather just like you key in facebook.com and hit go brand-new users simply need to know that sending money in crypto is just as simple as asking someone to pay alice.crypto thank you guys so much for watching this educational video about unstoppable domains but i will state for the rest of this video i’m in fact going to be showing you how to register a brand-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 really going to reveal you how to set up a 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 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 live 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 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 ethereum down here and then we are going to copy this address increase to our metamask account and click send and after that i’m going to paste the address in and then the amount of ethereum i’m going to send is the specific amount that they have actually shared here and even though it’s determined 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 double check those 8 four 5 3 eight 4 5 three with 2 leading absolutely nos so that’s what i’m going to pay with we’re going to go on and click next as you can see here the deal charge is going to be 24 and that’s even if right now ethereum is very 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 but i would not advise you paying that today as you can see they have actually instantly updated that they have discovered a payment and now we essentially wait on that payment to be validated [Music] if we go here and we click these 3 dots and view accounts in ether scan we can actually see that 20 seconds ago that deal was made and if we click that transaction 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 in fact in this block there’s 2 more blocks that have been confirmed in front of it therefore this is to ensure that this deal in fact 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?

exists we go they’ve emailed the receipt to my email and then they’ve also 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 right now they in fact 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 verification code and over here on the other display i’m going to discover 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 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 generally simply click i comprehend and then verify it and now turtle cat dot crypto will constantly be connected 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 on handle and this enables you to edit all of your wallet addresses so you can see here i might merely input my bitcoin address my ethereum address which has actually automatically been included litecoin xrp zill and using this ad currency i can include.

 

any other currency that they have actually listed for instance i might add cardano and you can see that it’s been added here and then i simply just paste in my cardano address and verify modifications which’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 wished to share with you that you can in fact modify the site stuff however it will be coming soon you can also verify your domains you can add profile there’s like pictures and things you can do and certainly you can move or offer your domain so it’s a lot of really cool features on unstoppable domains but i wanted to say another thing real fast at the end of this video i think for cyber monday they’re actually doing a buy one get one sale.