A blockchain-based domain system. Minting Unstoppable Domains …
Decentralized domain registration and management services. It is built on blockchain innovation, mostly using Ethereum and the InterPlanetary File System (IPFS), and intends to provide users with censorship-resistant, truly ownership-focused domain. Here’s an introduction of what Unstoppable Domains is and how you can establish a Web3 domain:
a couple of months ago i created a video on ens which is a complicated idea for beginners and isn’t truly a stylish topic so it just had 5 000 views just recently the protocol behind ens actually did an airdrop leading to me and a ton of other people making over 11 000 just for my initial investment of 60 to register the name whiteboardcrypto.ef i’m here to share something more recent and rather possibly even better than ens invite to whiteboardcrypto the primary youtube channel for crypto education and here we explain topics of the cryptocurrency world utilizing analogies stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for people getting into the complex crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we love using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is a fancy way of saying that it is a
What is Unstoppable Domains? Unstoppable Domains leverages blockchain technology to supply users with domain that are not controlled or censored by any central authority. Unlike traditional domain registrars where domain ownership undergoes the guidelines and regulations of central entities, Unstoppable Domains stores domain ownership information on the Ethereum blockchain. This makes sure that as soon as you own a domain, nobody can take it away from you or interfere with your ability to use it. Setting Up a Web3 Domain with Unstoppable Domains: To establish a Web3 domain with Unstoppable Domains, follow these actions: a. Check out the Unstoppable Domains website: Go to the Unstoppable Domains website (https://unstoppabledomains.com/). b. Look for your wanted domain: Utilize the search bar to check if your preferred domain is offered. You can look for traditional domain extensions (e.g.,. com,. internet) along with blockchain-based extensions (e.g.,. crypto,. zil).
to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and then gets a plan back to send to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page using complex mathematics and software application all of this communication happens behind the scenes but to you it’s basic and user friendly in fact if we had to key in 22.214.171.124 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share them this i can’t tell somebody that and i could not reliably type that into a computer you have to copy and paste it which is basically what ens does is equate whiteboardcrypto.ef into that address now as you saw the title this video has to do with unstoppable domains so much like ens is similar to dns unstoppable domains is similar to ens however i have observed it’s navigated four huge edges that make it a bit better top they allow numerous wallets so personally i think the coolest thing unstoppable domains does is create a multi-wallet wallet and this implies you can include your wallets for various coins into their software and after that you can literally h.
c. Purchase the domain: If your wanted domain is available, you can purchase it by clicking on it and following the directions on the site. You will require a cryptocurrency wallet (normally Ethereum) to complete the purchase.
can get a wallet name that you can reroute to lots of other coins plus you literally are getting a domain now this indicates you can host a real site on whatever domain you schedule personally i have some plans for whiteboard.crypto however it’s prematurely to share technically you can do this with ens but unstoppable domains makes it a lot easier ens also only lets you claim dot eth addresses while unstoppable domains lets you claim dot crypto dot zil dot coin dot wallet and a couple of others something to keep in mind here is that for both of these domain services to host a site you need to use an internet browser that supports the extensions like crypto or eth and i’ll actually talk about this in the future in the video another way unstoppable domains seems to me to be better than ens is since they actually only charge a one-time fee while ens is based upon payment annually for white boards crypto.eth on ens i paid around 60 dollars to lock in ten years and i really did this a couple of months back and ever since gas costs have most likely made that seem very inexpensive for me i personally believe the largest distinction here is the difference between ownership of a name instead of a membership to a name unstoppable domains have rates less than sixty dollars and you’ll never have to worry about forgetting to restore your address lastly they’re transferring to layer 2 so speaking of appearing budget friendly unstoppable domains is really introducing on polygons quickly meaning they’re moving from the main ethereum network to a layer 2 network which. Minting Unstoppable Domains
Unstoppable Domains offers an user-friendly dashboard for handling these settings. Visitors can access your website or material by going into the Web3 domain into their internet browsers. Use Cases for Web3 Domains: Web3 domains, offered by Comparable services and unstoppable domains, have different usage cases: a. Decentralized Websites: You can create censorship-resistant sites hosted on IPFS and link them to your Web3 domain.
Is Minting Unstoppable Domains a good idea?
Similar services and unstoppable domains use a novel method to develop ownership and control over your online presence in the Web3 period, where decentralization and censorship resistance are valued principles. By setting up a Web3 domain, you can take pleasure in these benefits and explore various creative and functional usage cases.
pay with ethereum so the first thing we’re going to do is actually click 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 then the amount of ethereum i’m going to send is the specific quantity that they have shared here and even though it’s determined at little less than 40 this is what they’re requesting so that’s just how much i’m going to send out i’m going to check those 8 4 5 3 eight four 5 three with two leading zeroes so that’s what i’m going to pay with we’re going to proceed and click next as you can see here the deal cost is going to be 24 which’s just because today ethereum is really congested so to get your transaction initially in line you need to pay essentially twenty 3 dollars for this video i’m gon na go on and pay that but i would not recommend you paying that right now as you can see they’ve immediately upgraded that they have actually found a payment and now we essentially await 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 on that transaction you can see here there are two block confirmations and some places 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 actually been confirmed in front of it and so this is to make sure that this transaction really does not get gone back because of some fork in the network the more block verifications you have the more safe and secure this deal exists we go they’ve emailed the receipt to my email and then they’ve likewise again revealed me just how much i paid so if i go here to go to my domains now i really own turtlecat.