Unstoppable Domains L2 – The time is now

You simply want to make sure to check this right here…Unstoppable Domains L2… alright check that this address is the same address go here to account details check that it’s the same address right there all right and that’s actually that’s actually it that’s truly all you need to do all right so now you need to simply click on indication stating

Is unstoppable Domains on Ethereum?

Blockchain domain business Unstoppable Domains will no longer charge customers gas costs to mint an NFT domain name since today, the company announced. Unstoppable has completed the first stage of its transfer to Polygon, a layer-2 scaling service for Ethereum which is able to speed up transactions and reduce charges.

 

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

 

” Gas” on Ethereum refers to the variable cost of making any sort of transaction on the network and can typically get rather pricey. For example, gas charges to mint a single domain name on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to reduce such charges, it’s uncertain when the upgrade will be total, which may assist discuss why Unstoppable Domains picked to move to Polygon now.

Unlike numerous other NFTs, which are typically related to 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 utilized to represent ownership over different kinds of digital items, consisting of “uncensorable” web domains. These domains likewise serve the dual purpose of providing short, easy-to-remember crypto wallet addresses, similar to the “. eth” names provided by the Ethereum Name Service.

How much does unstoppable Domains cost?

 

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

Two weeks earlier, privacy-focused internet browser Brave included assistance for decentralized domain names from Unstoppable Domains. Executives from both business informed Decrypt that the benefit of the good …

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

 

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

Now that Unstoppable Domains is moving to Polygon, the business prepares to provide assistance for domain management along with transfer services for those with older Zilliqa and Ethereum-minted domains. At the end of the month, users will be able to establish domains on Polygon with their cryptocurrency addresses as well as add other features like NFT galleries and social media links. If users want 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 comprehend like this that’s my wallet right now we need to say set the owner of this domain to this address click on i comprehend now you have set a custom gas rate and after that we need to sign the transaction and there you go okay so what’s going to take place right here is alert inadequate funds that’s absolutely typical okay 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 costs to really declare this therefore once again you have a few different options 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 purchase 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 after that you can spend for the ethereum that way or you can just wait until they develop a solution which they’re working on as a method to claim your domain free of charge alright everyone that’s it for this video on unstoppable domain so these domain names are unstoppable because they are connected to the blockchain you own them permanently and nobody can take it far 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 extremely user friendly the charges are much lower and there are no gas costs moving forward plus considering that they produce human understandable addresses amongst many different wallets they are clearly a tool that brand-new users will value for those of us who have already invested in defy comprehending wallet addresses and how clever agreements work is like a force of habit but only a few years ago or for me a few months ago a lot of these concepts 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 use it instead just like you key in facebook.com and hit go new users simply need to know that sending out money in crypto is just as easy as asking somebody to pay alice.crypto thank you men a lot for seeing this educational video about unstoppable domains but i will say for the rest of this video i’m actually going to be showing you how to sign up 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 reveal you how to establish a brand-new unstoppable domain and for the functions 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 basically uh yes i live 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 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 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 specific quantity that they have actually shared here and although it’s computed at little less than 40 this is what they’re requesting for so that’s just how much i’m going to send i’m going to double check those 8 four five 3 8 four five three with 2 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 transaction charge is going to be 24 and that’s even if today ethereum is really crowded so to get your deal first 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 advise you paying that today as you can see they’ve instantly upgraded that they have actually discovered a payment and now we generally wait for 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 that transaction you can see here there are two block verifications and some places like to see 10 other like to see 35 and what this indicates is that there’s really in this block there’s two more blocks that have been confirmed in front of it and so this is to guarantee that this transaction actually does not get gone back because of some fork in the network the more block confirmations you have the more protected this transaction.

What is an unstoppable domain?

exists we go they’ve emailed the invoice to my e-mail and after that they have actually also once again showed me 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 complimentary mint and right now they actually have a layer 2 capability which indicates you can mint free of charge 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 discover 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 use metamask to mint and then this is generally validating that we really 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 then confirm it and now turtle cat 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 then i clicked the turtle cat.crypto that i bought and you click on handle and this allows 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 immediately been included litecoin xrp zill and using this ad currency i can include.

 

any other currency that they have actually listed for example i might add cardano and you can see that it’s been included here and then i simply just paste in my cardano address and validate changes which’ll essentially make it so whenever somebody sends out 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 actually modify the website stuff however it will be coming soon you can likewise confirm your domains you can add profile there’s like photos and things you can do and absolutely you can transfer or sell your domain so it’s a bunch of truly cool features on unstoppable domains however i wished to say one more thing genuine fast at the end of this video i think for cyber monday they’re really doing a buy one get one sale.