Blockchain Domains Explained – The time is now

You just want to make sure to check this right here…Blockchain Domains Explained… alright 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 really that’s actually it that’s truly all you need to do fine so now you have to simply click sign stating

Is unstoppable Domains on Ethereum?

Blockchain domain name business Unstoppable Domains will no longer charge consumers gas charges to mint an NFT domain as of today, the business revealed. Unstoppable has actually finished the very first phase of its move to Polygon, a layer-2 scaling solution for Ethereum which has the ability to speed up deals and reduce fees.

 

Unstoppable Domains made usage of 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 deal on the network and can typically get rather pricey. For instance, gas costs to mint a single domain name on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to reduce such fees, it’s unclear when the upgrade will be complete, which may help describe why Unstoppable Domains chose to move to Polygon now.

Unlike numerous other NFTs, which are typically 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 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.

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

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

 

Unstoppable Domains claims that more than 1.5 million NFT domain names have actually been set up through its service given that 2018. The company permits users to purchase domain names ending in.crypto,.

Now that Unstoppable Domains is relocating to Polygon, the company prepares to use support 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 have the ability to set up domains on Polygon with their cryptocurrency addresses in addition to include 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 charges will use..

like yeah yeah i signed i understand like this that’s my wallet proper now we need to say set the owner of this domain to this address click on i understand now you have set a customized gas cost and then we need to sign the deal and there you go all right so what’s going to happen right here looks out insufficient funds that’s totally typical fine due to the fact that this is a brand new wallet i do not have any ethereum in this so i can’t in fact spend for the gas fees to in fact declare this and so once again you have a couple of different options so you can either go here and purchase a claim credit let me simply navigate back to the web page there we go so we can buy a claim credit right here if we wish to claim uh our domain name or you can just wait so the other alternative is simply to put ethereum in this wallet yourself so you can go to coinbase buy ethereum move the ethereum to this meta mask wallet and after that you can spend for the ethereum that way or you can just wait until they create a service which they’re dealing with as a method to declare your domain name free of charge alright everybody that’s it for this video on unstoppable domain so these domain are unstoppable since they are connected 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 dangers i still think we need a service like unstoppable domains to assist onboard brand-new crypto users their user interface is very user friendly the fees are much lower and there are no gas charges progressing plus because they produce human legible addresses among several wallets they are plainly a tool that new users will value for those people who have currently bought defy comprehending wallet addresses and how wise agreements work resembles a second nature however just a few years ago or for me a couple of months ago a lot of these concepts were over our heads similar to you don’t necessarily require to know how chrome in fact loads your facebook.com page by using dns ipv6 html and javascript you don’t always require to know precisely how crypto works to use it rather similar to you key in facebook.com and hit go brand-new users simply require to understand that sending out money in crypto is just as easy as asking someone to pay alice.crypto thank you men so much for watching this educational video about unstoppable domains however i will state 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 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 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 on and click add to haul i’m gon na go to my cart and practically uh yes i live in the united states my zip code and after that i wan na continue with email so here you can see that you can in fact choose credit 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 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 then i’m going to paste the address in and after that the quantity of ethereum i’m going to send is the exact amount that they have actually shared here and even though it’s calculated at little less than 40 this is what they’re requesting for so that’s how much i’m going to send out i’m going to double check those eight four 5 3 8 four five 3 with 2 leading zeroes so that’s what i’m going to pay with we’re going to go ahead and click next as you can see here the transaction charge is going to be 24 which’s even if right now ethereum is really crowded so to get your deal initially in line you have to pay basically twenty three dollars for this video i’m gon na go ahead and pay that but i would not suggest you paying that right now as you can see they’ve instantly updated that they have found a payment and now we basically wait on that payment to be verified [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 transaction was made and if we click on that transaction you can see here there are 2 block confirmations and some locations 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 actually been verified in front of it therefore this is to make sure that this deal actually does not get reverted because of some fork in the network the more block confirmations you have the more safe this deal.

What is an unstoppable domain?

exists we go they have actually emailed the invoice to my email and after that they’ve likewise 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 means you can mint for free on polygon and we’re going to do and continue that they’re going to send us a verification 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 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 generally validating that we actually own this wallet and after that this is the address that it’s going to be sent out to so we essentially just click i understand and after that verify it and now turtle feline dot crypto will constantly be associated with this account so i went on and i increased here to domains and after that picked 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 modify all of your wallet addresses so you can see here i could simply input my bitcoin address my ethereum address which has immediately been added litecoin xrp zill and using this advertisement currency i can include.

 

any other currency that they have listed for example i might include cardano and you can see that it’s been included here and after that i merely just paste in my cardano address and confirm changes which’ll basically make it so whenever someone sends out money to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wished to share with you that you can in fact modify the website stuff but it will be coming soon you can likewise confirm your domains you can add profile there resembles photos and stuff you can do and absolutely you can move or offer your domain so it’s a lot of actually cool functions on unstoppable domains but i wished to say one more thing genuine quick at the end of this video i think for cyber monday they’re in fact doing a buy one get one sale.