How To Buy A Namecoin – The time is now

Now you have an ethereum wallet set up on your laptop or whatever you’re utilizing to follow along with this video so in any ways we desire 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 logical and then right down here is the ethereum address alright so i’ll simply click on the little check mark there we go and that’s it fine so when you have whatever set up with metamask leave it open in a new tab within your web browser with you logged in next you need to navigate back to this specific page all right your domain names if you try and just 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 claim with ethereum there we go now we can click this and it must work there we go so now whatever’s filling 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 connect okay 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 fine and that’s actually that’s actually it that’s actually all you have to do all right so now you have to just click on indication saying

Is unstoppable Domains on Ethereum?

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

 

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 expense of making any sort of transaction on the network and can frequently get quite expensive. For instance, gas fees to mint a single domain on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is presently in the process of upgrading its network to decrease such charges, it’s uncertain when the upgrade will be complete, which might help discuss why Unstoppable Domains chose to transfer to Polygon now.

Unlike many other NFTs, which are typically connected with visual art such as images, gifs, or short videos, NFT domain names are just web domain that exist on a blockchain. NFTs are tokens that can be used to represent ownership over different kinds of digital items, consisting of “uncensorable” web domains. These domains also serve the dual purpose of offering short, easy-to-remember crypto wallet addresses, much like the “. eth” names offered by the Ethereum Call Service.

How much does unstoppable Domains cost?

 

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

Two weeks ago, privacy-focused browser Brave added support for decentralized domain names from Unstoppable Domains. Executives from both business told Decrypt that the benefit of the good …

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

 

Unstoppable Domains claims that more than 1.5 million NFT domain have been established through its service given that 2018. The company permits users to purchase domain ending in.crypto,. nft,. bitcoin,. dao and.blockchain, to name a few.

Now that Unstoppable Domains is relocating to Polygon, the business prepares to provide support for domain management in addition to transfer options 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 as well as include other functions like NFT galleries and social networks links. If users want to move their domains from Polygon to Ethereum, they’ll have the ability to do so sometime in early 2022, however Ethereum gas charges will use..

like yeah yeah i signed i understand like this that’s my wallet appropriate now we need to state set the owner of this domain name to this address click on i understand now you have actually set a custom-made gas cost and then we have to sign the deal and there you go alright so what’s going to take place right here looks out insufficient funds that’s absolutely normal all right because this is a brand new wallet i do not have any ethereum in this so i can’t actually pay for the gas charges to really 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 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 choice is simply to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum transfer the ethereum to this meta mask wallet and after that you can pay for the ethereum that way or you can simply wait up until they create a service which they’re working on as a method to claim your domain name free of charge alright everyone that’s it for this video on unstoppable domain so these domain names are unstoppable since they are tied to the blockchain you own them permanently and no one can take it away from yo.

Who owns unstoppable Domains?

a portion of every crypto domain sale personally even with these dangers i still believe we need 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 costs moving forward plus because they create human understandable addresses amongst various wallets they are clearly a tool that brand-new users will value for those people who have currently bought defy comprehending wallet addresses and how smart agreements work is like a force of habit but just a few years ago or for me a couple of months ago a lot of these ideas were over our heads much like you do not necessarily need to know how chrome really loads your facebook.com page by using dns ipv6 html and javascript you don’t always require to understand exactly how crypto works to utilize it rather similar to you key in facebook.com and struck go new users simply require to understand that sending money in crypto is just as simple as asking someone to pay alice.crypto thank you people a lot for enjoying this academic video about unstoppable domains however i will say for the rest of this video i’m really 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 basic it is let’s dig in alright we’re here at unstoppabledomains.com and i’m in fact going to show you how to establish a new unstoppable domain and for the purposes of this video i’m going to be signing up turtlecat.crypto and you can see that it’s offered for forty dollars so i’m gon na go on and click contribute to cart i’m gon na go to my cart and basically uh yes i live in the united states my postal code and after that i wan na continue with email so here you can see that you can in fact pick 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 in fact click on ethereum down here and after that 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 shared here and although it’s computed at little less than 40 this is what they’re requesting so that’s just how much i’m going to send i’m going to check those eight four five 3 eight 4 5 three with 2 leading absolutely nos so that’s what i’m going to pay with we’re going to proceed and click next as you can see here the deal fee is going to be 24 and that’s even if right now ethereum is very congested so to get your deal first in line you have to pay basically twenty 3 dollars for this video i’m gon na go on and pay that but i would not recommend you paying that right now as you can see they have actually instantly upgraded that they have spotted a payment and now we generally wait for that payment to be validated [Music] if we go here and we click on these three 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 deal you can see here there are 2 block confirmations and some places like to see 10 other like to see 35 and what this indicates is that there’s in fact in this block there’s two more blocks that have actually been validated in front of it and so this is to make sure that this transaction in fact does not get reverted because of some fork in the network the more block verifications you have the more protected this transaction.

What is an unstoppable domain?

is there we go they have actually emailed the receipt to my email and then they have actually also once again showed 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 currently not minted nevertheless what i can do is i can do a complimentary mint and today they really have a layer 2 capability which implies you can mint free of charge on polygon and we’re going to continue and do that they’re going to send us a verification code and over here on the other screen i’m going to find it and instead of trying 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 utilize metamask to mint and then this is essentially confirming that we in fact 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 connected 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 then i clicked the turtle cat.crypto that i bought and you click on manage and this enables 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 actually automatically been included litecoin xrp zill and utilizing this ad currency i can include.

 

any other currency that they have actually listed for example i could include cardano and you can see that it’s been included here and then i merely just paste in my cardano address and verify modifications and that’ll basically make it so whenever someone sends money 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 actually modify the website stuff however it will be coming soon you can also verify your domains you can include profile there resembles images and things you can do and absolutely you can move or sell your domain so it’s a lot of truly cool features on unstoppable domains but i wished to say one more thing real fast at the end of this video i believe for cyber monday they’re in fact doing a buy one get one sale.