Mining Namecoin 2022

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 methods we desire 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 all right so i’ll simply click on the little check mark there we go and that’s it all right so as soon as you have everything set up with metamask leave it open in a brand-new tab within your web browser with you logged in next you require to browse back to this particular page all right your domain names if you try and simply click on the web wallet from where you’re at it’s going to provide you a mistake so anyways let’s click click here claim with ethereum there we go now we can click this and it needs to work there we go so now whatever’s filling right there and our wallet must 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 fine double check that this address is the exact same address go here to account details double check that it’s the exact same address right there all right and that’s actually that’s actually it that’s really all you have to do fine so now you have to simply click on indication stating

Is unstoppable Domains on Ethereum? Mining Namecoin

Blockchain domain business Unstoppable Domains will no longer charge consumers gas costs to mint an NFT domain name since today, the company announced. Unstoppable has actually finished the first stage of its transfer to Polygon, a layer-2 scaling solution for Ethereum which is able to accelerate deals and mitigate fees.

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

 

At First, Unstoppable Domains utilized the Zilliqa blockchain prior to moving 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 pricey. For example, gas costs to mint a single domain name on Unstoppable Domains through Ethereum were as high as $100. While Ethereum is currently in the process of updating its network to lower such fees, it’s unclear when the upgrade will be total, which might assist explain why Unstoppable Domains chose to relocate to Polygon now.

Unlike numerous other NFTs, which are frequently associated 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 utilized to represent ownership over different types of digital products, consisting of “uncensorable” web domains. These domains likewise serve the dual purpose of providing brief, 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.

Two weeks back, privacy-focused internet browser Brave added assistance for decentralized domain from Unstoppable Domains. Executives from both companies told Decrypt that the benefit of the decent …

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 have been set up through its service since 2018. The company permits users to buy domain ending in.crypto,. nft,. bitcoin,. dao and.blockchain, among others.

Now that Unstoppable Domains is relocating to Polygon, the company plans to use support 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 be able to establish domains on Polygon with their cryptocurrency addresses as well as add other functions like NFT galleries and social media links. If users wish to move their domains from Polygon to Ethereum, they’ll have the ability to do so sometime in early 2022, but Ethereum gas costs will use..

like yeah yeah i signed i comprehend like this that’s my wallet appropriate now we have to state set the owner of this domain name to this address click i understand now you have set a custom gas cost and after that we need to sign the transaction and there you go all right so what’s going to happen right here is alert insufficient funds that’s completely normal all right due to the fact that this is a brand new wallet i do not have any ethereum in this so i can’t really pay for the gas fees to in fact claim this and so once again you have a few various alternatives 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 simply 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 pay for the ethereum that way or you can just wait until they come up with a service which they’re working on as a way to claim your domain totally free 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 no one can take it far from yo.

Who owns unstoppable Domains?

a part of every crypto domain sale personally even with these threats i still think we require a service like unstoppable domains to assist onboard brand-new crypto users their user interface is very user friendly the fees are much lower and there are no gas charges moving forward plus considering that they produce human legible addresses among several wallets they are clearly a tool that brand-new users will value for those of us who have currently invested in defy understanding wallet addresses and how clever agreements work resembles a force of habit however just a few years ago or for me a couple of months ago a great deal of these ideas were over our heads much like you don’t necessarily need to understand how chrome really loads your facebook.com page by using dns ipv6 html and javascript you don’t necessarily need to know precisely how crypto works to use it instead much like you key in facebook.com and hit go brand-new users simply require to understand that sending money in crypto is just as easy as asking somebody to pay alice.crypto thank you guys so much for enjoying this academic video about unstoppable domains but i will state for the rest of this video i’m actually going to be showing you how to sign up a 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 show 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 available for forty dollars so i’m gon na go ahead and click contribute to cart i’m gon na go to my cart and basically uh yes i reside in the united states my postal code and then i wan na continue with email so here you can see that you can actually choose 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 out and then i’m going to paste the address in and then the amount of ethereum i’m going to send is the precise quantity that they have actually shared here and despite the fact that it’s determined 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 check those eight 4 five 3 8 4 5 three with 2 leading absolutely nos so that’s what i’m going to pay with we’re going to go on and click next as you can see here the transaction charge is going to be 24 and that’s even if right now ethereum is very congested so to get your transaction 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 advise you paying that today as you can see they have actually instantly upgraded that they have found a payment and now we essentially wait on that payment to be verified [Music] if we go here and we click these three dots and view accounts in ether scan we can in fact see that 20 seconds ago that deal was made and if we click 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 implies is that there’s actually in this block there’s 2 more blocks that have been validated in front of it therefore this is to make sure that this transaction really does not get reverted because of some fork in the network the more block confirmations you have the more safe and secure this transaction. Mining Namecoin

What is an unstoppable domain?

is there we go they have actually emailed the invoice to my email and then they’ve also again revealed me just 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 currently not minted nevertheless what i can do is i can do a totally free mint and today they in fact have a layer 2 ability which indicates 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 attempting 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 use metamask to mint and then this is generally 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 verify 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 chosen my domains let me get it here and after that i clicked the turtle cat.crypto that i purchased and you click on handle and this permits you to modify all of your wallet addresses so you can see here i could merely input my bitcoin address my ethereum address which has actually instantly been included litecoin xrp zill and utilizing this ad currency i can add.

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

 

any other currency that they have noted for instance i might include cardano and you can see that it’s been included here and after that i merely just paste in my cardano address and confirm changes and that’ll essentially make it so whenever somebody sends out 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 in fact modify the website stuff however it will be coming soon you can likewise validate your domains you can add profile there resembles pictures and things you can do and definitely you can move or offer your domain so it’s a lot of truly cool functions on unstoppable domains but i wanted to say one more thing genuine quick at the end of this video i believe for cyber monday they’re really doing a buy one get one sale.

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