Mining Namecoin – The Blockchain

 

see the address of your allowed account let’s click link Mining Namecoin… all right therefore then you just want to make sure to check this right here all right 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 truly all you have to do all right so now you have to simply click on 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 ways 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 rational and then right down here is the ethereum address okay so i’ll simply click on the little check mark there we go and that’s it all right 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 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 declare with ethereum there we go now we can click this and it needs to work there we go so now everything’s packing right there and our wallet needs to appear right there so we click on next then view the address of your permitted account let’s click on link fine and so then you just desire to make sure to double check this right here all right double check that this address is the very same address go here to account information double check that it’s the same address right there all right and that’s actually that’s really it that’s really all you have to do alright so now you have to simply click on sign stating}

Is unstoppable Domains on Ethereum?

Blockchain domain company Unstoppable Domains will no longer charge clients gas charges to mint an NFT domain name as of today, the business revealed. Unstoppable has actually finished the very first stage of its relocate to Polygon, a layer-2 scaling solution for Ethereum which is able to speed up transactions and mitigate fees.

https://www.youtube.com/watch?v=9eu-i42rE0Y

 

At First, Unstoppable Domains utilized the Zilliqa blockchain prior to transferring 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 typically get quite pricey. Gas charges to mint a single domain name on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is presently in the process of upgrading its network to reduce such fees, it’s uncertain when the upgrade will be complete, which might assist describe why Unstoppable Domains selected to move to Polygon now.

Unlike lots of other NFTs, which are often connected with visual art such as images, gifs, or brief videos, NFT domain are merely web domain names that exist on a blockchain. NFTs are tokens that can be used to represent ownership over numerous types of digital items, including “uncensorable” web domains. These domains also serve the double purpose of supplying short, easy-to-remember crypto wallet addresses, just like the “. eth” names provided 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 web browser Brave added support for decentralized domain names from Unstoppable Domains. Executives from both companies informed Decrypt that the advantage of the good …

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

https://www.youtube.com/watch?v=HVdNSvRhRys

 

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

Now that Unstoppable Domains is relocating to Polygon, the company prepares to use assistance for domain management as well as transfer solutions 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 in addition to include other features 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 comprehend like this that’s my wallet correct now we need to say set the owner of this domain name to this address click on i understand now you have actually set a custom-made gas price and then we need to sign the transaction and there you go alright so what’s going to occur right here is alert inadequate funds that’s totally normal okay because 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 in fact claim this and so once again you have a few different options so you can either go here and purchase a claim credit let me simply browse back to the home page there we go so we can buy a claim credit right here if we want 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 simply wait till they come up with an option which they’re working on as a method to claim your domain totally free alright everybody that’s it for this video on unstoppable domain so these domain names are unstoppable since they are connected to the blockchain you own them forever and no one can take it away 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 interface is extremely easy to use the charges are much lower and there are no gas fees moving forward plus because they create human understandable addresses amongst many different wallets they are clearly a tool that new users will value for those people who have actually already bought defy comprehending wallet addresses and how smart agreements work is like a second nature but just a couple of years ago or for me a few months ago a lot of these ideas were over our heads similar to you do not necessarily require to know how chrome in fact loads your facebook.com page by utilizing dns ipv6 html and javascript you do not always require to know precisely how crypto works to use it rather much like you type in facebook.com and struck go brand-new users simply require to know that sending money in crypto is just as simple as asking someone to pay alice.crypto thank you guys a lot for watching this academic video about unstoppable domains however i will say for the rest of this video i’m actually going to be showing you how to register a 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 brand-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 proceed 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 zip code and then i wan na continue with e-mail so here you can see that you can in fact 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 really click ethereum down here and then we are going to copy this address go up 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 actually shared here and although 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 eight four 5 3 eight 4 five 3 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 transaction cost is going to be 24 which’s even if today ethereum is extremely crowded so to get your deal first in line you have to pay generally twenty three dollars for this video i’m gon na proceed and pay that however i would not recommend you paying that right now as you can see they have actually instantly upgraded that they have actually found a payment and now we generally wait on that payment to be validated [Music] if we go here and we click on 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 deal you can see here there are two block verifications and some locations like to see 10 other like to see 35 and what this implies is that there’s in fact in this block there’s 2 more blocks that have actually been confirmed in front of it therefore this is to ensure that this transaction really does not get gone back 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 have actually emailed the receipt to my email and after that they have actually also again revealed me 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 nevertheless what i can do is i can do a free mint and today they actually have a layer 2 ability which means you can mint for 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 display i’m going to find it and instead of attempting to type it in i’m unsure 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 validating that we actually own this wallet and then this is the address that it’s going to be sent to so we essentially simply click i comprehend and then confirm it and now turtle feline dot crypto will constantly be related to this account so i went on and i went up here to domains and then chosen my domains let me get it here and after that i clicked the turtle cat.crypto that i bought and you click handle 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 utilizing this ad currency i can add.

https://www.youtube.com/watch?v=-rwkombbgDQ

 

any other currency that they have actually listed for instance i might include cardano and you can see that it’s been added here and after that i merely just paste in my cardano address and verify changes which’ll generally make it so whenever somebody sends money to turtlecat.crypto it’ll go to this ada address now likewise prior to i end this video i wished to share with you that you can actually modify the site things however it will be coming soon you can also verify your domains you can include profile there resembles photos and stuff you can do and definitely you can transfer or sell your domain so it’s a lot of truly cool features on unstoppable domains but i wished to say another thing genuine quick at the end of this video i think for cyber monday they’re actually doing a buy one get one sale.

https://www.youtube.com/watch?v=wYSwK0v-pvk