How Unstoppable Domains Work – The Blockchain

 

view the address of your permitted account let’s click connect How Unstoppable Domains Work… okay and so then you just wish to make certain to check this right here alright double check that this address is the same address go here to account details check that it’s the same address right there fine and that’s truly that’s actually it that’s truly all you need to do alright so now you have to just click on 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 methods we want 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 sensible 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 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 require to browse back to this particular page fine your domain names if you attempt and simply click on the web wallet from where you’re at it’s going to offer you an error so anyways let’s click click here claim with ethereum there we go now we can click this and it should work there we go so now whatever’s packing 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 simply desire to make sure to double check this right here fine double check that this address is the same address go here to account details double check that it’s the same address right there okay and that’s really that’s truly it that’s actually all you have to do fine so now you have to simply click on sign saying}

Is unstoppable Domains on Ethereum?

Blockchain domain name business Unstoppable Domains will no longer charge customers gas fees to mint an NFT domain since today, the company announced. Unstoppable has actually finished the very first stage of its transfer to Polygon, a layer-2 scaling option for Ethereum which is able to speed up transactions and alleviate charges.

 

Initially, 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 refers to the variable expense of making any sort of transaction on the network and can often get quite pricey. Gas charges to mint a single domain name on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is presently in the process of upgrading its network to minimize such fees, it’s uncertain when the upgrade will be complete, which might help explain why Unstoppable Domains selected to relocate to Polygon now.

Unlike lots of 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. These domains likewise serve the double purpose of providing short, easy-to-remember crypto wallet addresses, much like the “.

How much does unstoppable Domains cost?

 

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

Two weeks ago, privacy-focused web browser Brave included support for decentralized domain from Unstoppable Domains. Executives from both companies told Decrypt that the advantage of the good …

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

 

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

Now that Unstoppable Domains is moving to Polygon, the business plans to offer support for domain management in addition to 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 along with include other features like NFT galleries and social media links. If users want to move their domains from Polygon to Ethereum, they’ll be able to do so sometime in early 2022, however Ethereum gas costs will use..

like yeah yeah i signed i understand like this that’s my wallet right now we have to say set the owner of this domain to this address click i comprehend now you have actually set a custom-made gas rate and then we have to sign the transaction and there you go fine so what’s going to happen right here looks out inadequate funds that’s totally regular all right due to the fact that this is a brand new wallet i don’t have any ethereum in this so i can’t in fact spend for the gas fees to actually claim this therefore 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 purchase a claim credit right here if we want to claim uh our domain or you can just wait so the other choice is simply to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum transfer the ethereum to this meta mask wallet and then you can spend for the ethereum that way or you can simply wait until they come up with a service which they’re dealing with as a method to declare your domain name totally free alright everyone that’s it for this video on unstoppable domain so these domain are unstoppable because 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 believe we require a service like unstoppable domains to help onboard new crypto users their user interface is very easy to use the fees are much lower and there are no gas costs moving on plus considering that they develop human understandable addresses amongst various wallets they are plainly a tool that new users will appreciate for those of us who have actually already invested in defy understanding wallet addresses and how smart contracts work is like a second nature 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 do not always require to know how chrome in fact loads your facebook.com page by utilizing dns ipv6 html and javascript you don’t necessarily require to know exactly how crypto works to utilize it rather much like you enter facebook.com and hit go brand-new users just need to understand that sending out cash in crypto is just as simple as asking somebody to pay alice.crypto thank you guys a lot for seeing this instructional video about unstoppable domains but i will state for the rest of this video i’m in fact going to be revealing you how to sign up a brand-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 in fact going to show you how to set up a brand-new unstoppable domain and for the functions of this video i’m going to be signing up 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 haul 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 charge card paypal cryptocurrency or the crypto.com app so i wish to pay with ethereum so the first thing we’re going to do is in fact click ethereum down here and then we are going to copy this address increase 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 amount that they have actually shared here and even though it’s computed at little less than 40 this is what they’re requesting so that’s how much i’m going to send out i’m going to double check those eight four five three eight four 5 3 with 2 leading absolutely nos so that’s what i’m going to pay with we’re going to proceed and click next as you can see here the transaction fee is going to be 24 and that’s just because today 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 ahead and pay that however i would not recommend you paying that right now as you can see they’ve instantly updated that they have actually detected a payment and now we generally await that payment to be validated [Music] if we go here and we click on these three 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 verifications and some places like to see 10 other like to see 35 and what this indicates is that there’s actually in this block there’s 2 more blocks that have actually been verified in front of it therefore this is to make sure that this transaction really does not get gone back because of some fork in the network the more block verifications you have the more safe this deal.

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 actually own turtlecat.crypto what i can do is that’s currently not minted however what i can do is i can do a free mint and right now they actually have a layer 2 ability which means 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 monitor i’m going to find 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 then this is basically verifying 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 verify it and now turtle cat dot crypto will constantly be associated with this account so i went on and i went up here to domains and then selected my domains let me get it here and then i clicked the turtle cat.crypto that i purchased and you click on handle and this enables you to modify all of your wallet addresses so you can see here i could merely input my bitcoin address my ethereum address which has actually immediately been included litecoin xrp zill and utilizing this ad currency i can include.

 

any other currency that they have listed for example i could add cardano and you can see that it’s been included here and after that i merely just paste in my cardano address and verify modifications and that’ll essentially make it so whenever somebody sends out cash 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 in fact modify the website things however it will be coming soon you can also confirm your domains you can add profile there’s like photos and things you can do and certainly you can transfer or offer your domain so it’s a lot of actually cool functions on unstoppable domains however i wanted to state one more thing real fast at the end of this video i think for cyber monday they’re in fact doing a buy one get one sale.