Unstoppable Domains How It Works – The Blockchain

 

view the address of your permitted account let’s click link Unstoppable Domains How It Works… fine and so then you just wish to make sure to double check this right here all right 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 and that’s really that’s truly it that’s actually all you need to do fine so now you need to just click on indication saying|Now you have an ethereum wallet set up on your laptop computer or whatever you’re using to follow along with this video so in any ways we desire 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 all right so i’ll just click on the little check mark there we go and that’s it alright so when you have whatever set up with metamask leave it open in a brand-new tab within your web browser with you logged in next you need to navigate back to this particular page alright your domain names if you try and simply click on the web wallet from where you’re at it’s going to offer you a mistake so anyways let’s click click here declare with ethereum there we go now we can click this and it must work there we go so now everything’s filling right there and our wallet must appear right there so we click on next then view the address of your permitted account let’s click on connect fine and so then you simply desire to make sure 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 very same address right there okay and that’s truly that’s actually it that’s truly all you have to do alright so now you have to simply click on sign stating}

Is unstoppable Domains on Ethereum?

Blockchain domain business Unstoppable Domains will no longer charge consumers gas costs to mint an NFT domain name since today, the business announced. Unstoppable has actually completed the very first stage of its relocate to Polygon, a layer-2 scaling service for Ethereum which has the ability to accelerate transactions and reduce fees.

 

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

 

” Gas” on Ethereum refers to the variable expense of making any sort of deal on the network and can often get quite costly. Gas charges to mint a single domain name on Unstoppable Domains by means of Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to reduce such charges, it’s unclear when the upgrade will be total, which may assist explain why Unstoppable Domains picked to move to Polygon now.

Unlike many other NFTs, which are often related to 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 different kinds of digital products, consisting of “uncensorable” web domains. These domains also serve the double purpose of supplying brief, easy-to-remember crypto wallet addresses, similar to the “. eth” names supplied by the Ethereum Name Service.

How much does unstoppable Domains cost?

 

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

2 weeks back, privacy-focused browser Brave included assistance for decentralized domain from Unstoppable Domains. Executives from both companies told Decrypt that the advantage of the good …

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

 

Unstoppable Domains declares that more than 1.5 million NFT domain names have actually been set up through its service since 2018. The company allows users to buy domain names ending in.crypto,.

Now that Unstoppable Domains is moving to Polygon, the business prepares to use support for domain management along with 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 in addition to add other functions like NFT galleries and social media links. If users wish to move their domains from Polygon to Ethereum, they’ll be able 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 need to state set the owner of this domain to this address click on i comprehend now you have actually set a customized gas rate and after that we have to sign the transaction and there you go fine so what’s going to occur right here is alert inadequate funds that’s absolutely typical alright since this is a brand new wallet i do not have any ethereum in this so i can’t really pay for the gas costs to really claim this therefore once again you have a couple of different alternatives so you can either go here and purchase a claim credit let me just browse back to the web page there we go so we can buy a claim credit right here if we want to claim uh our domain name or you can just wait so the other alternative is just 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 pay for the ethereum that way or you can just wait till they develop a service which they’re dealing with as a method to claim your domain name for free alright everyone that’s it for this video on unstoppable domain names so these domain are unstoppable because they are tied to the blockchain you own them permanently and no one can take it away from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these threats i still believe we require a service like unstoppable domains to help onboard new crypto users their interface is really easy to use the costs are much lower and there are no gas costs moving forward plus because they develop human legible addresses among several wallets they are clearly a tool that brand-new users will appreciate for those of us who have actually currently bought defy understanding wallet addresses and how clever agreements work is like a second nature however only a few years ago or for me a few months ago a lot of these concepts were over our heads much like you don’t always require to understand how chrome actually loads your facebook.com page by using dns ipv6 html and javascript you do not always need to understand precisely how crypto works to use it rather much like you type in facebook.com and hit go brand-new users simply need to know that sending out money in crypto is just as simple as asking someone to pay alice.crypto thank you guys so much for enjoying this educational video about unstoppable domains but i will say for the rest of this video i’m in fact going to be showing you how to register a new domain and sharing the process 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 actually going to show you how to set up 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 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 practically uh yes i reside in the united states my postal code and then i wan na continue with email so here you can see that you can actually pick 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 actually click on ethereum down here and then we are going to copy this address go up to our metamask account and click send and after that i’m going to paste the address in and after that the quantity of ethereum i’m going to send out is the specific amount that they have shared here and even though it’s determined at little less than 40 this is what they’re requesting for so that’s just how much i’m going to send out i’m going to check those eight four 5 three 8 4 five three with 2 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 deal charge is going to be 24 which’s even if right now ethereum is extremely congested so to get your transaction first in line you have to pay generally twenty three dollars for this video i’m gon na go ahead and pay that however i would not suggest you paying that today as you can see they’ve automatically updated that they have actually identified a payment and now we basically wait for that payment to be verified [Music] if we go here and we click these three 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 two block verifications and some locations like to see 10 other like to see 35 and what this implies is that there’s really in this block there’s 2 more blocks that have been verified in front of it therefore this is to ensure that this deal in fact does not get gone back because of some fork in the network the more block verifications you have the more safe and secure this deal.

What is an unstoppable domain?

exists we go they have actually emailed the invoice to my email and then they have actually also again revealed me just how much i paid so if i go here to go to my domains now i really 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 right now they actually have a layer 2 capability which suggests you can mint free of charge 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 discover it and instead of attempting to type it in i’m not exactly 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 essentially confirming that we actually own this wallet and then this is the address that it’s going to be sent out to so we generally simply click i comprehend and then validate it and now turtle feline dot crypto will always be associated 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 the turtle cat.crypto that i bought and you click handle and this allows you to edit all of your wallet addresses so you can see here i might simply input my bitcoin address my ethereum address which has automatically been added litecoin xrp zill and using this advertisement currency i can add.

 

any other currency that they have actually listed for instance i could include cardano and you can see that it’s been added here and after that i simply just paste in my cardano address and validate modifications and that’ll basically make it so whenever somebody sends cash to turtlecat.crypto it’ll go to this ada address now likewise prior to i end this video i wished to show you that you can in fact modify the website things however it will be coming quickly you can also verify your domains you can include profile there resembles photos and things you can do and certainly you can transfer or sell your domain so it’s a lot of actually cool features on unstoppable domains however i wished to state 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.