Is It Worth Getting Paid In Cryptocurrency For Domain Name Sales – The Blockchain

 

view the address of your allowed account let’s click on connect Is It Worth Getting Paid In Cryptocurrency For Domain Name Sales… alright therefore then you simply want to make certain to check this right here alright check that this address is the same address go here to account information double check that it’s the same address right there all right which’s actually that’s actually it that’s actually all you need to do fine so now you need to simply click sign stating|Now you have an ethereum wallet set up on your laptop computer or whatever you’re utilizing to follow along with this video so in any methods we desire 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 just click on the little check mark there we go and that’s it okay so once you have everything set up with metamask leave it open in a brand-new tab within your web internet browser with you logged in next you need to navigate back to this specific page alright your domain names if you attempt and just 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 declare with ethereum there we go now we can click this and it needs to work there we go so now whatever’s packing right there and our wallet must appear right there so we click on next then view the address of your allowed account let’s click on link all right and so then you just desire to make sure to double check this right here okay double check that this address is the 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 actually it that’s truly all you have to do fine so now you have to simply click on indication stating}

Is unstoppable Domains on Ethereum?

Blockchain domain name business Unstoppable Domains will no longer charge consumers gas fees to mint an NFT domain name as of today, the company revealed. Unstoppable has finished the very first phase of its relocate to Polygon, a layer-2 scaling service for Ethereum which is able to speed up deals and alleviate costs.

 

At First, Unstoppable Domains used the Zilliqa blockchain before moving to Ethereum and now Polygon, which promotes itself as ” the environment-friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum describes the variable cost of making any sort of transaction on the network and can often get quite pricey. For instance, gas fees to mint a single domain name on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is currently in the process of upgrading its network to reduce such charges, it’s uncertain when the upgrade will be complete, which may help explain why Unstoppable Domains selected to move 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 simply web domain names that exist on a blockchain. These domains likewise serve the dual purpose of supplying brief, 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 back, privacy-focused browser Brave added support for decentralized domain names from Unstoppable Domains. Executives from both business told Decrypt that the benefit of the decent …

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

 

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

Now that Unstoppable Domains is relocating to Polygon, the company 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 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 sometime in early 2022, but Ethereum gas fees will use..

like yeah yeah i signed i understand like this that’s my wallet right now we have to state set the owner of this domain to this address click on i understand now you have actually set a custom-made gas cost and then we need to sign the transaction and there you go all right so what’s going to happen right here looks out insufficient funds that’s totally normal alright since this is a brand new wallet i do not have any ethereum in this so i can’t in fact spend for the gas charges to actually declare this and so again you have a couple of various alternatives 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 simply wait so the other choice 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 then you can spend for the ethereum that way or you can just wait up until they develop a solution which they’re working on as a way to claim your domain name for free alright everyone that’s it for this video on unstoppable domain names so these domain names are unstoppable due to the fact that they are connected to the blockchain you own them permanently and no one 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 new crypto users their user interface is really easy to use the fees are much lower and there are no gas costs moving on plus given that they produce human readable 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 comprehending wallet addresses and how wise contracts work resembles a force of habit but just a few years ago or for me a few months ago a lot of these concepts were over our heads just like you do not necessarily require to understand how chrome actually loads your facebook.com page by utilizing dns ipv6 html and javascript you do not always require to know precisely how crypto works to utilize it rather much like you key in facebook.com and hit go brand-new users just need to understand that sending money 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 however i will say for the rest of this video i’m actually going to be showing you how to sign up a brand-new domain and sharing the procedure 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 actually 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 on and click contribute to cart i’m gon na go to my cart and basically uh yes i live in the united states my postal code and then i wan na continue with email so here you can see that you can really select credit 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 on ethereum down here and after that 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 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 calculated at little less than 40 this is what they’re asking for so that’s just how much i’m going to send out i’m going to check those 8 four five 3 eight 4 five 3 with two leading zeroes 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 transaction fee is going to be 24 and that’s even if right now ethereum is very congested so to get your deal initially in line you have to pay generally twenty 3 dollars for this video i’m gon na go on and pay that however i would not recommend you paying that today as you can see they have actually immediately upgraded that they have actually identified a payment and now we generally wait on 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 in fact 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 means is that there’s in fact in this block there’s two more blocks that have been confirmed in front of it and so this is to make sure that this transaction in fact does not get gone back because of some fork in the network the more block confirmations you have the more safe and secure this transaction.

What is an unstoppable domain?

is there we go they have actually emailed the invoice to my email and after that they have actually likewise 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 currently not minted nevertheless what i can do is i can do a complimentary mint and right now they in fact have a layer 2 ability which implies you can mint for free on polygon and we’re going to do and continue 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 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 verifying that we actually own this wallet and then this is the address that it’s going to be sent out to so we essentially just click i understand and then verify it and now turtle cat dot crypto will constantly be related to this account so i proceeded 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 bought and you click handle and this enables you to edit all of your wallet addresses so you can see here i could simply input my bitcoin address my ethereum address which has automatically been added litecoin xrp zill and using this advertisement currency i can include.

 

any other currency that they have actually listed for instance i could 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 and that’ll generally make it so whenever someone sends money to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wanted to show you that you can actually edit the website stuff but it will be coming soon you can also validate your domains you can include profile there resembles photos and stuff you can do and certainly you can move or sell your domain so it’s a bunch of really cool features 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.