How Much Did Amazon Pay For The Cryptocurrency Domain Name 2022

so now you have an ethereum wallet set up on your laptop computer or whatever you’re utilizing to follow along with this How Much Did Amazon Pay For The Cryptocurrency Domain Name… so in any ways we wish to come by here let’s click on account information so personally i wish to change it to something else like uh domains or something that more rational and then right down here is the ethereum address alright so i’ll simply click the little check mark there we go which’s it okay so once you have whatever established with metamask leave it open in a brand-new tab within your web browser with you visited next you require to navigate back to this particular page all right your domain names if you attempt and just click the web wallet from where you’re at it’s going to provide you a mistake so anyways let’s click click on this link claim with ethereum there we go now we can click this and it must work there we go so now everything’s packing right there and our wallet should appear right there so we click next then

https://www.youtube.com/watch?v=hdfNIQkpOz8

 

 

view the address of your allowed account let’s click on connect all right and so then you simply want to make sure to check this right here okay check that this address is the same address go here to account details check that it’s the same address right there all right which’s actually that’s truly it that’s actually all you have to do alright so now you have to just click sign saying

Is unstoppable Domains on Ethereum? How Much Did Amazon Pay For The Cryptocurrency Domain Name

Blockchain domain name company Unstoppable Domains will no longer charge clients gas costs to mint an NFT domain since today, the company announced. Unstoppable has actually completed the very first phase of its relocate to Polygon, a layer-2 scaling service for Ethereum which has the ability to accelerate transactions and mitigate costs.

https://www.youtube.com/watch?v=9eu-i42rE0Y

 

At First, Unstoppable Domains utilized the Zilliqa blockchain before transferring to Ethereum and now Polygon, which promotes itself as ” the eco-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 costly. For example, gas fees to mint a single domain on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is currently in the process of upgrading its network to lower such charges, it’s unclear when the upgrade will be total, which might assist discuss why Unstoppable Domains picked to transfer to Polygon now.

Unlike many other NFTs, which are often related to visual art such as images, gifs, or short videos, NFT domain names are merely web domain that exist on a blockchain. NFTs are tokens that can be used to represent ownership over various types of digital items, including “uncensorable” web domains. These domains also serve the dual function of providing short, easy-to-remember crypto wallet addresses, much like 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.

2 weeks earlier, privacy-focused web 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.

https://www.youtube.com/watch?v=HVdNSvRhRys

 

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

Now that Unstoppable Domains is relocating to Polygon, the business plans to offer support for domain management along with 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 along with add other functions 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, however Ethereum gas charges will use..

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 on i comprehend now you have actually set a customized gas price and after that we have to sign the deal and there you go alright so what’s going to occur right here is alert insufficient funds that’s absolutely 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 actually spend for the gas charges to really claim this therefore again you have a few various alternatives so you can either go here and buy a claim credit let me just navigate back to the web 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 simply wait so the other alternative is just to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum move the ethereum to this meta mask wallet and then you can pay for the ethereum that way or you can simply wait till they develop a solution 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 names so these domain are unstoppable since they are connected to the blockchain you own them forever and nobody 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 assist onboard brand-new crypto users their user interface is very easy to use the costs are much lower and there are no gas charges moving forward plus considering that they create human understandable addresses among various wallets they are clearly a tool that brand-new users will value for those people who have actually currently purchased defy understanding wallet addresses and how wise agreements work resembles a force of habit but just a couple of years ago or for me a couple of months ago a great deal of these concepts were over our heads similar to you don’t always require to know how chrome in fact loads your facebook.com page by using dns ipv6 html and javascript you don’t necessarily require to know exactly how crypto works to use it rather just like you type in facebook.com and struck go new users simply need to know that sending out cash in crypto is just as easy as asking someone to pay alice.crypto thank you people a lot for watching this academic 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 brand-new domain and sharing the procedure with you so you can follow along or see how simple it is let’s dig in alright we’re here at unstoppabledomains.com and i’m in fact going to reveal you how to set up 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 offered for forty dollars so i’m gon na go ahead and click contribute to haul i’m gon na go to my cart and practically uh yes i reside in the united states my postal code and after that i wan na continue with e-mail so here you can see that you can really 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 on ethereum down here and then we are going to copy this address go up to our metamask account and click send and after that i’m going to paste the address in and after that the quantity of ethereum i’m going to send out is the specific quantity 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 just how much i’m going to send out i’m going to check those 8 4 5 three eight 4 five three with two 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 transaction cost is going to be 24 which’s just because today ethereum is really crowded so to get your deal first in line you need to pay basically twenty three dollars for this video i’m gon na go ahead and pay that however i would not advise you paying that right now as you can see they have actually immediately updated that they have actually detected a payment and now we generally wait for that payment to be confirmed [Music] if we go here and we click on these three dots and view accounts in ether scan we can really 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 places like to see 10 other like to see 35 and what this suggests is that there’s actually in this block there’s 2 more blocks that have actually been validated in front of it and so this is to make sure that this deal really does not get gone back because of some fork in the network the more block confirmations you have the more safe and secure this transaction. How Much Did Amazon Pay For The Cryptocurrency Domain Name

What is an unstoppable domain?

is there we go they have actually emailed the invoice to my e-mail and then they’ve likewise 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 however what i can do is i can do a complimentary mint and right now they in fact have a layer 2 capability which implies you can mint totally free 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 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 after that this is essentially confirming that we really own this wallet and then this is the address that it’s going to be sent out to so we generally just click i comprehend and then verify it and now turtle feline dot crypto will always be associated with this account so i went on and i increased here to domains and then selected my domains let me get it here and then i clicked on the turtle cat.crypto that i purchased and you click on handle and this allows you to modify all of your wallet addresses so you can see here i might just input my bitcoin address my ethereum address which has immediately been added litecoin xrp zill and utilizing this advertisement currency i can include.

https://www.youtube.com/watch?v=-rwkombbgDQ

 

any other currency that they have actually noted for instance i might add cardano and you can see that it’s been added here and then i simply just paste in my cardano address and confirm modifications which’ll basically make it so whenever someone sends out cash to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wanted to show you that you can in fact modify the website stuff but it will be coming quickly you can also verify your domains you can include profile there’s like images and things you can do and definitely you can move or sell your domain so it’s a lot of really cool functions on unstoppable domains however i wanted to state one more thing genuine quick at the end of this video i believe for cyber monday they’re in fact doing a buy one get one sale.

https://www.youtube.com/watch?v=wYSwK0v-pvk