Why Are .Io Domains Popular With Crypto – 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 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 rational and then right down here is the ethereum address all right so i’ll just click on the little check mark there we go and that’s it okay so as soon as you have whatever set up with metamask leave it open in a new tab within your web internet browser with you logged in next you need to browse back to this specific page okay your domain names if you try and simply click on the web wallet from where you’re at it’s going to offer you a mistake so anyways let’s click click here declare with ethereum there we go now we can click this and it needs to work there we go so now everything’s loading 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 link fine 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 same address right there fine and that’s truly that’s really it that’s truly all you have to do alright so now you have to just click on sign saying

Is unstoppable Domains on Ethereum?

Blockchain domain business Unstoppable Domains will no longer charge clients gas fees to mint an NFT domain as of today, the business announced. Unstoppable has finished the first phase of its relocate to Polygon, a layer-2 scaling option for Ethereum which is able to accelerate deals and alleviate charges.

 

At First, Unstoppable Domains utilized the Zilliqa blockchain before relocating to Ethereum and now Polygon, which touts itself as ” the environment-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 quite costly. For instance, gas fees to mint a single domain name on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is currently in the process of upgrading its network to minimize such costs, it’s unclear when the upgrade will be total, which may help describe why Unstoppable Domains chose to move to Polygon now.

Unlike lots of other NFTs, which are frequently connected with visual art such as images, gifs, or short videos, NFT domain are simply web domain that exist on a blockchain. NFTs are tokens that can be utilized to represent ownership over numerous types of digital items, consisting of “uncensorable” web domains. These domains likewise serve the double function of providing short, easy-to-remember crypto wallet addresses, much like the “. eth” names provided by the Ethereum Call Service.

How much does unstoppable Domains cost?

 

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

Two weeks back, privacy-focused browser Brave included assistance for decentralized domain from Unstoppable Domains. Executives from both companies told Decrypt that the advantage of the good …

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2 minutes 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 since 2018. The business enables users to acquire domain names ending in.crypto,.

Now that Unstoppable Domains is transferring to Polygon, the business prepares to provide support for domain management as well as transfer options for those with older Zilliqa and Ethereum-minted domains. At the end of the month, users will be able to set up domains on Polygon with their cryptocurrency addresses along with include other features 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 at some point in early 2022, but Ethereum gas costs will apply..

like yeah yeah i signed i comprehend like this that’s my wallet proper now we need to say set the owner of this domain name to this address click i understand now you have actually set a custom gas cost and after that we have to sign the deal and there you go all right so what’s going to occur right here is alert insufficient funds that’s absolutely normal fine since this is a brand new wallet i don’t have any ethereum in this so i can’t in fact pay for the gas fees to actually claim this therefore once again you have a couple of 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 purchase a claim credit right here if we want to claim uh our domain or you can just wait so the other choice 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 then you can spend for the ethereum that way or you can just wait up until they develop an option which they’re working on as a method to declare your domain totally free alright everyone that’s it for this video on unstoppable domain names so these domain names are unstoppable due to the fact that they are tied to the blockchain you own them forever and nobody can take it far from yo.

Who owns unstoppable Domains?

a portion of every crypto domain sale personally even with these risks i still think we need a service like unstoppable domains to help onboard brand-new crypto users their interface is really easy to use the costs are much lower and there are no gas fees moving forward plus given that they produce human legible addresses amongst many different wallets they are clearly a tool that brand-new users will appreciate for those of us who have currently invested in defy comprehending wallet addresses and how smart agreements work resembles a second nature however just a few years ago or for me a few months ago a great deal of these ideas were over our heads much like you don’t necessarily need to know how chrome really loads your facebook.com page by using dns ipv6 html and javascript you don’t necessarily need to understand precisely how crypto works to utilize it rather just like you key in facebook.com and hit go new users simply need to understand that sending money in crypto is just as simple as asking someone to pay alice.crypto thank you guys a lot for viewing this academic video about unstoppable domains however i will state for the rest of this video i’m actually going to be revealing you how to sign up 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 really going to show you how to set up 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 offered 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 live in the united states my postal code and then i wan na continue with email so here you can see that you can in fact select charge card paypal cryptocurrency or the crypto.com app so i wish 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 go up to our metamask account and click send out and after that i’m going to paste the address in and after that the amount of ethereum i’m going to send out is the specific amount that they have 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 check those 8 4 5 3 8 four 5 3 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 deal charge is going to be 24 which’s even if today ethereum is really congested so to get your transaction first in line you need to pay basically twenty three dollars for this video i’m gon na go on and pay that but i would not advise you paying that today as you can see they have actually instantly 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 these 3 dots and view accounts in ether scan we can really see that 20 seconds ago that deal was made and if we click 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 in fact in this block there’s 2 more blocks that have been verified in front of it and so this is to guarantee that this transaction in fact doesn’t 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?

is there we go they’ve emailed the receipt to my e-mail and after that they have actually likewise once again showed me 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 totally free mint and right now they really have a layer 2 capability which means you can mint free of charge on polygon and we’re going to do and continue that they’re going to send us a confirmation code and over here on the other monitor 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 just going to paste it in there we go it worked i’m going to utilize metamask to mint and then this is basically verifying 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 always be connected with this account so i proceeded and i increased here to domains and then picked my domains let me get it here and after that i clicked on the turtle cat.crypto that i bought and you click on handle and this allows you to modify 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 using this advertisement currency i can add.

 

any other currency that they have actually listed for instance i could add cardano and you can see that it’s been included here and after that i merely just paste in my cardano address and validate modifications and that’ll basically make it so whenever somebody sends money to turtlecat.crypto it’ll go to this ada address now likewise prior to i end this video i wanted to share with you that you can really edit the site things but it will be coming quickly you can also confirm your domains you can include profile there resembles pictures and stuff you can do and absolutely you can transfer 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 think for cyber monday they’re actually doing a buy one get one sale.