Amazon Buys Cryptocurrency Domains – The time is now

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 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 okay so i’ll just 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 internet browser with you logged in next you need to navigate back to this specific page all right your domain names if you attempt and simply click on the web wallet from where you’re at it’s going to give 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 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 connect all right and so then you simply desire to make sure to double check this right here all right double check that this address is the exact 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 really it that’s truly all you have to do okay so now you have to simply click on indication saying

Is unstoppable Domains on Ethereum?

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

 

Unstoppable Domains made use of the Zilliqa blockchain prior to moving to Ethereum and now Polygon, which promotes itself as ” the environment-friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum describes the variable expense of making any sort of transaction on the network and can often get quite costly. Gas fees 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 lower such charges, it’s uncertain when the upgrade will be complete, which might help describe why Unstoppable Domains picked to relocate to Polygon now.

Unlike lots of other NFTs, which are frequently associated with visual art such as images, gifs, or short videos, NFT domain names are just web domain names that exist on a blockchain. These domains likewise serve the dual function of providing 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.

2 weeks earlier, privacy-focused internet browser Brave added support for decentralized domain from Unstoppable Domains. Executives from both business told Decrypt that the advantage of the good …

NewsBusiness.
2 min 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 considering that 2018. The business allows users to acquire domain names ending in.crypto,.

Now that Unstoppable Domains is moving to Polygon, the company prepares to provide 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 have the ability to establish 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 be able to do so at some point in early 2022, however 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 name to this address click on i comprehend now you have actually set a custom gas rate and after that we have to sign the transaction and there you go fine so what’s going to take place right here is alert insufficient funds that’s completely regular all right because this is a brand new wallet i don’t have any ethereum in this so i can’t really pay for the gas costs to actually claim this therefore once again you have a couple of different options so you can either go here and buy a claim credit let me simply navigate back to the home page there we go so we can buy a claim credit right here if we want to claim uh our domain or you can simply wait so the other alternative is just to put ethereum in this wallet yourself so you can go to coinbase buy ethereum transfer the ethereum to this meta mask wallet and after that you can pay for the ethereum that way or you can just wait until they develop a service which they’re dealing with as a method to declare your domain name for free alright everyone that’s it for this video on unstoppable domain names so these domain names are unstoppable because they are tied to the blockchain you own them permanently and nobody can take it away from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these risks i still believe we require a service like unstoppable domains to help onboard new crypto users their user interface is really user friendly the fees are much lower and there are no gas fees moving forward plus because they develop human readable addresses amongst various wallets they are clearly a tool that new users will appreciate for those people who have already purchased defy comprehending wallet addresses and how smart agreements work resembles a second nature but just a few years ago or for me a couple of months ago a great deal of these ideas were over our heads similar to you don’t always need to understand how chrome actually loads your facebook.com page by using dns ipv6 html and javascript you don’t necessarily require to know exactly how crypto works to use it instead just like you type in facebook.com and struck go new users simply need to know that sending cash in crypto is just as easy as asking someone to pay alice.crypto thank you men a lot for enjoying this academic video about unstoppable domains but i will say for the rest of this video i’m actually going to be revealing you how to register a new domain and sharing the procedure with you so you can follow along or see how easy it is let’s dig in alright we’re here at unstoppabledomains.com and i’m actually going to show you how to establish 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 available for forty dollars so i’m gon na go on and click add 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 select 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 in fact click ethereum down here and after that 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 after that the amount of ethereum i’m going to send is the exact quantity that they have shared here and although it’s calculated at little less than 40 this is what they’re asking for so that’s how much i’m going to send i’m going to double check those eight 4 5 three 8 4 5 3 with 2 leading zeroes 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 which’s even if today ethereum is extremely crowded so to get your transaction first in line you need to pay essentially twenty three dollars for this video i’m gon na go on and pay that however i would not suggest you paying that today as you can see they’ve immediately updated that they have detected a payment and now we essentially await that payment to be validated [Music] if we go here and we click these 3 dots and view accounts in ether scan we can really see that 20 seconds ago that transaction was made and if we click on 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 implies is that there’s actually in this block there’s two more blocks that have been confirmed in front of it therefore this is to guarantee that this transaction actually doesn’t 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 receipt to my email and then they have actually also once again revealed 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 nevertheless what i can do is i can do a totally free mint and right now they in fact have a layer 2 ability which implies you can mint totally 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 screen i’m going to find 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 utilize metamask to mint and after that this is essentially validating that we really own this wallet and after that this is the address that it’s going to be sent to so we essentially just click i comprehend and then validate 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 after that i clicked the turtle cat.crypto that i bought and you click manage and this permits 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 instantly been added litecoin xrp zill and utilizing this advertisement currency i can include.

 

any other currency that they have actually listed for example i could add cardano and you can see that it’s been added here and after that i simply just paste in my cardano address and confirm modifications and that’ll basically 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 wanted to show you that you can actually modify the site stuff but it will be coming quickly you can also verify your domains you can add profile there resembles photos and things you can do and certainly you can move or sell your domain so it’s a lot of truly cool functions on unstoppable domains but i wished to state one more thing real quick at the end of this video i believe for cyber monday they’re actually doing a buy one get one sale.