Youtube How Do Blockchain Domains Work 2022

so now you have an ethereum wallet set up on your laptop or whatever you’re utilizing to follow in addition to this Youtube How Do Blockchain Domains Work… so in any ways we wish to come by here let’s click account information so personally i wish to alter it to something else like uh domains or something that more logical and after that right down here is the ethereum address fine so i’ll just click on the little check mark there we go and that’s it alright so when you have whatever established with metamask leave it open in a brand-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 attempt and just click 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 should work there we go so now whatever’s filling right there and our wallet must appear right there so we click on next then

 

 

view the address of your permitted account let’s click connect alright therefore then you simply wish to make sure to check this right here fine double check that this address is the same address go here to account information check that it’s the same address right there fine which’s truly that’s actually it that’s truly all you need to do okay so now you have to simply click indication stating

Is unstoppable Domains on Ethereum? Youtube How Do Blockchain Domains Work

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

 

Unstoppable Domains made usage of 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 expense of making any sort of deal on the network and can typically get quite costly. For instance, 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 reduce such fees, it’s unclear when the upgrade will be complete, which may help describe why Unstoppable Domains chose to relocate to Polygon now.

Unlike lots of other NFTs, which are typically connected with visual art such as images, gifs, or short videos, NFT domain are merely web domain that exist on a blockchain. NFTs are tokens that can be used to represent ownership over numerous types of digital items, including “uncensorable” web domains. These domains likewise serve the dual function of supplying brief, easy-to-remember crypto wallet addresses, similar to the “. eth” names supplied by the Ethereum Name Service.

How much does unstoppable Domains cost?

 

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

2 weeks earlier, privacy-focused internet browser Brave added assistance for decentralized domain from Unstoppable Domains. Executives from both business told Decrypt that the advantage of the decent …

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

 

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

Now that Unstoppable Domains is moving to Polygon, the company plans to provide assistance for domain management in addition to transfer solutions 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 as well as add other functions 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 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 on i understand now you have actually set a customized gas rate and then we need to sign the deal and there you go fine so what’s going to happen right here looks out insufficient funds that’s absolutely typical fine since this is a brand new wallet i don’t have any ethereum in this so i can’t in fact spend for the gas fees to in fact declare this and so again you have a few different alternatives so you can either go here and buy a claim credit let me just browse 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 or you can just wait so the other option is just to put ethereum in this wallet yourself so you can go to coinbase buy ethereum move the ethereum to this meta mask wallet and after that you can pay for the ethereum that way or you can simply wait until they develop a solution which they’re dealing with as a method to claim your domain totally free alright everybody that’s it for this video on unstoppable domain so these domain names 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 part of every crypto domain sale personally even with these risks i still believe we need a service like unstoppable domains to assist onboard new crypto users their interface is extremely user friendly the costs are much lower and there are no gas charges moving forward plus given that they produce human readable addresses amongst many different wallets they are clearly a tool that brand-new users will appreciate for those people who have already purchased defy understanding wallet addresses and how smart agreements work is like a second nature but just a few years ago or for me a couple of months ago a great deal of these concepts were over our heads just like you don’t always require to understand how chrome in fact loads your facebook.com page by utilizing dns ipv6 html and javascript you do not necessarily require to know precisely how crypto works to use it rather just like you type in facebook.com and struck go new users simply need to understand that sending cash in crypto is just as easy as asking someone to pay alice.crypto thank you guys so much for viewing this academic video about unstoppable domains but i will state for the rest of this video i’m really going to be showing 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 actually going to reveal 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 readily 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 practically uh yes i live in the united states my postal code and then i wan na continue with e-mail so here you can see that you can really pick credit 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 really click ethereum down here and then 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 after that the amount of ethereum i’m going to send out is the specific amount that they have actually shared here and although it’s computed at little less than 40 this is what they’re asking for so that’s how much i’m going to send i’m going to double check those 8 4 5 3 eight 4 five 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 transaction cost is going to be 24 which’s just because right now ethereum is really congested so to get your transaction initially in line you need 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 today as you can see they’ve immediately updated that they have discovered a payment and now we basically await that payment to be validated [Music] if we go here and we click these 3 dots and view accounts in ether scan we can actually see that 20 seconds ago that deal was made and if we click that transaction you can see here there are two block confirmations and some locations like to see 10 other like to see 35 and what this suggests is that there’s actually in this block there’s two more blocks that have actually been verified in front of it therefore this is to ensure that this deal in fact does not get gone back because of some fork in the network the more block verifications you have the more protected this transaction. Youtube How Do Blockchain Domains Work

What is an unstoppable domain?

is there we go they’ve emailed the invoice to my e-mail and after that they’ve also 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 currently not minted nevertheless what i can do is i can do a free mint and today they in fact have a layer 2 ability which indicates you can mint free of charge on polygon and we’re going to do and continue that they’re going to send us a verification code and over here on the other monitor i’m going to find it and instead of trying to type it in i’m not sure if that’s an i or a 1 so i’m simply 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 really own this wallet and after that this is the address that it’s going to be sent to so we generally simply click i comprehend and after that validate it and now turtle feline dot crypto will constantly be related to this account so i went on and i went up here to domains and after that selected my domains let me get it here and then i clicked on the turtle cat.crypto that i purchased and you click handle and this allows you to edit all of your wallet addresses so you can see here i could simply input my bitcoin address my ethereum address which has instantly been included litecoin xrp zill and utilizing this advertisement currency i can include.

 

any other currency that they have actually noted for instance i might add cardano and you can see that it’s been included here and after that i simply just paste in my cardano address and verify changes and that’ll basically make it so whenever somebody sends out money to turtlecat.crypto it’ll go to this ada address now also before i end this video i wanted to share with you that you can actually modify the website stuff but it will be coming soon you can also confirm your domains you can include profile there’s like pictures and stuff you can do and certainly you can move or sell your domain so it’s a lot of really cool features on unstoppable domains but 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.