Unstoppable Domains Use Cases – Blockchain

Ethereum and now Polygon, which touts itself as ” the environment-friendly blockchain scaling Ethereum.”.|Unstoppable Domains made use of the Zilliqa blockchain before moving to Ethereum and now Polygon, which promotes itself as ” the environment-friendly blockchain scaling Ethereum.”.} Unstoppable Domains Use Cases…

 

” Gas” on Ethereum refers to the variable cost of making any sort of deal on the network and can typically get rather expensive. 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 charges, it’s uncertain when the upgrade will be complete, which might assist explain why Unstoppable Domains picked to move to Polygon now.

Unlike numerous other NFTs, which are often associated with visual art such as images, gifs, or short videos, NFT domain names are just web domain names that exist on a blockchain. These domains likewise serve the double function of offering brief, easy-to-remember crypto wallet addresses, much like the “.

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 support for decentralized domain names from Unstoppable Domains. Executives from both business told Decrypt that the advantage of the good …

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

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

 

Unstoppable Domains declares that more than 1.5 million NFT domain have been set up through its service because 2018. The company allows users to buy domain ending in.crypto,. nft,. bitcoin,. dao and.blockchain, among others.

Now that Unstoppable Domains is relocating to Polygon, the business prepares to provide assistance for domain management along with transfer solutions 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 add other functions like NFT galleries and social media links. If users wish to move their domains from Polygon to Ethereum, they’ll be able to do so at some point in early 2022, however Ethereum gas costs will apply..

like yeah yeah i signed i comprehend like this that’s my wallet appropriate now we have to say set the owner of this domain name to this address click on i understand now you have actually set a custom-made gas rate and after that we need to sign the transaction and there you go alright so what’s going to happen right here is alert inadequate funds that’s totally normal all right since this is a brand new wallet i do not have any ethereum in this so i can’t really spend for the gas costs to in fact claim this and so once 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 buy a claim credit right here if we want to claim uh our domain or you can just wait so the other option is simply to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum move the ethereum to this meta mask wallet and after that you can spend for the ethereum that way or you can simply wait until they come up with a service which they’re working on as a method to claim your domain name totally free alright everybody that’s it for this video on unstoppable domain so these domain 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 portion of every crypto domain sale personally even with these dangers i still believe we require a service like unstoppable domains to help onboard brand-new crypto users their interface is extremely easy to use the fees are much lower and there are no gas fees progressing plus given that they develop human readable addresses among many different wallets they are plainly a tool that new users will appreciate for those people who have currently purchased defy comprehending wallet addresses and how wise contracts work is like a force of habit however just a couple of years ago or for me a few months ago a lot of these concepts were over our heads much like you don’t necessarily need to know how chrome in fact loads your facebook.com page by using dns ipv6 html and javascript you don’t always need to know exactly how crypto works to use it instead just like you enter facebook.com and struck go brand-new users just require to know that sending cash in crypto is just as simple as asking someone to pay alice.crypto thank you men so much for enjoying this instructional video about unstoppable domains however i will say for the rest of this video i’m really going to be revealing you how to sign up a brand-new domain and sharing the process 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 really going to reveal you how to set up a 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 available for forty dollars so i’m gon na go ahead and click add to haul i’m gon na go to my cart and practically uh yes i live in the united states my zip code and then i wan na continue with e-mail so here you can see that you can in fact pick 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 actually click on 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 then the amount of ethereum i’m going to send out is the specific amount that they have shared here and despite the fact that 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 i’m going to double check those 8 4 five three eight four 5 3 with two leading zeroes 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 fee is going to be 24 and that’s even if right now ethereum is extremely congested so to get your transaction initially 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 recommend you paying that today as you can see they’ve automatically upgraded that they have actually identified a payment and now we basically wait on that payment to be verified [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 deal was made and if we click that deal you can see here there are two block verifications and some locations like to see 10 other like to see 35 and what this suggests is that there’s in fact in this block there’s two more blocks that have actually been verified in front of it therefore this is to make sure that this deal really doesn’t get reverted because of some fork in the network the more block verifications you have the more safe and secure this transaction.

What is an unstoppable domain?

exists we go they have actually emailed the receipt to my email and after that they’ve also again showed 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 free mint and today they in fact have a layer 2 ability which means you can mint for 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 monitor i’m going to find it and instead of attempting to type it in i’m uncertain 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 use metamask to mint and then this is essentially confirming that we actually own this wallet and then this is the address that it’s going to be sent to so we essentially simply click i understand and then verify it and now turtle cat dot crypto will constantly be associated with this account so i proceeded and i increased here to domains and after that selected my domains let me get it here and after that i clicked on the turtle cat.crypto that i purchased and you click on manage and this enables 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 immediately been added litecoin xrp zill and using this ad currency i can include.

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

 

any other currency that they have noted for instance 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 confirm changes which’ll generally make it so whenever someone sends money to turtlecat.crypto it’ll go to this ada address now also before i end this video i wanted to show you that you can in fact modify the website things however it will be coming quickly you can also verify your domains you can add profile there resembles images and stuff you can do and absolutely you can transfer or offer your domain so it’s a bunch of actually cool functions on unstoppable domains but i wanted to say another 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