.Crypto Domain Risk – The time is now

Now you have an ethereum wallet set up on your laptop or whatever you’re using to follow along with this video so in any methods we want 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 logical and then right down here is the ethereum address alright so i’ll just click on the little check mark there we go and that’s it alright so as soon as you have whatever 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 okay your domain names if you attempt 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 ought to work there we go so now everything’s loading right there and our wallet should appear right there so we click on next then see the address of your allowed account let’s click on link alright and so then you just desire to make sure to double check this right here alright double check that this address is the same address go here to account information double check that it’s the exact same address right there okay and that’s truly that’s truly it that’s actually all you have to do fine so now you have to simply click on sign saying

Is unstoppable Domains on Ethereum?

Blockchain domain name business Unstoppable Domains will no longer charge consumers gas fees to mint an NFT domain since today, the company revealed. Unstoppable has finished the very first phase of its relocate to Polygon, a layer-2 scaling solution for Ethereum which is able to speed up deals and mitigate 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 expense of making any sort of deal on the network and can frequently get quite expensive. Gas charges to mint a single domain name on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is presently in the process of updating its network to reduce such charges, it’s unclear when the upgrade will be total, which may assist discuss why Unstoppable Domains picked to transfer to Polygon now.

Unlike many other NFTs, which are often associated with visual art such as images, gifs, or brief videos, NFT domain names are just web domain names that exist on a blockchain. These domains also serve the dual purpose of providing brief, easy-to-remember crypto wallet addresses, much like the “.

How much does unstoppable Domains cost?

 

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

2 weeks earlier, privacy-focused internet browser Brave added support for decentralized domain names from Unstoppable Domains. Executives from both companies informed Decrypt that the benefit of the decent …

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2 minutes read.
Ekin GençMay 31, 2021.

 

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

Now that Unstoppable Domains is relocating to Polygon, the company plans to offer assistance for domain management as well as 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 in addition to include other features 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 at some point in early 2022, but Ethereum gas charges will apply..

like yeah yeah i signed i comprehend like this that’s my wallet correct now we have to state set the owner of this domain to this address click i comprehend now you have actually set a customized gas price and then we need to sign the transaction and there you go okay so what’s going to occur right here is alert inadequate funds that’s totally normal all right due to the fact that this is a brand new wallet i don’t have any ethereum in this so i can’t in fact pay for the gas costs to in fact claim this and so again you have a few different choices 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 purchase a claim credit right here if we want to declare uh our domain or you can just wait so the other choice 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 create an option which they’re working on as a method to declare your domain name totally free alright everybody that’s it for this video on unstoppable domain names so these domain are unstoppable since they are tied to the blockchain you own them forever and no one can take it far from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these risks i still think we need a service like unstoppable domains to help onboard new crypto users their interface is very easy to use the charges are much lower and there are no gas costs moving forward plus because they create human readable addresses amongst various wallets they are clearly a tool that new users will value for those people who have currently purchased defy understanding wallet addresses and how smart agreements work resembles a second nature but just a couple of years ago or for me a couple of months ago a lot of these ideas were over our heads just like you do not necessarily require to understand how chrome really loads your facebook.com page by using dns ipv6 html and javascript you don’t always require to know precisely how crypto works to utilize it instead just like you key in facebook.com and hit go brand-new users simply need to know that sending out cash in crypto is just as simple as asking somebody to pay alice.crypto thank you guys a lot for seeing this educational video about unstoppable domains however i will say for the rest of this video i’m really going to be showing you how to register a brand-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 in fact going to reveal you how to establish a 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 available for forty dollars so i’m gon na proceed and click add to haul 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 e-mail so here you can see that you can really 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 really click ethereum down here and then 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 then the quantity of ethereum i’m going to send is the precise amount that they have actually shared here and even though it’s computed 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 check those eight four five 3 8 4 five three with two leading absolutely nos 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 deal cost is going to be 24 and that’s even if right now ethereum is very crowded so to get your deal first in line you have to pay essentially twenty 3 dollars for this video i’m gon na go ahead and pay that but i would not suggest you paying that today as you can see they’ve immediately updated that they have identified a payment and now we generally wait on that payment to be verified [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 transaction was made and if we click that transaction you can see here there are 2 block verifications and some locations like to see 10 other like to see 35 and what this means 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 guarantee that this transaction in fact 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?

is there we go they have actually emailed the receipt to my email and then they’ve likewise again showed 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 free mint and today they in fact have a layer 2 ability which means 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 display i’m going to discover it and instead of trying to type it in i’m not exactly sure 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 then this is basically verifying that we in fact own this wallet and then this is the address that it’s going to be sent out to so we basically just click i understand and after that validate it and now turtle cat dot crypto will always be connected with this account so i went ahead and i went up here to domains and after that picked my domains let me get it here and after that i clicked on the turtle cat.crypto that i bought and you click manage and this allows you to edit all of your wallet addresses so you can see here i could merely input my bitcoin address my ethereum address which has instantly been added litecoin xrp zill and using this ad currency i can add.

 

any other currency that they have actually noted 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 validate modifications which’ll essentially make it so whenever somebody sends cash to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wished to show you that you can really modify the website stuff however it will be coming quickly you can also confirm your domains you can add profile there resembles photos and stuff you can do and definitely you can transfer or offer your domain so it’s a bunch of really cool functions on unstoppable domains however i wished to say another thing real quick at the end of this video i think for cyber monday they’re actually doing a buy one get one sale.