A blockchain-based domain system. Unstoppable Domains Inc …
Decentralized domain registration and management services. It is built on blockchain technology, mainly using Ethereum and the InterPlanetary File System (IPFS), and aims to offer users with censorship-resistant, really ownership-focused domain. Here’s an overview of what Unstoppable Domains is and how you can set up a Web3 domain:
a couple of months ago i produced a video on ens which is a complicated concept for novices and isn’t actually a stylish subject so it only had 5 000 views recently the procedure behind ens in fact did an airdrop leading to me and a lots of other individuals 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 much better than ens welcome to whiteboardcrypto the primary youtube channel for crypto education and here we describe topics of the cryptocurrency world utilizing examples stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that suggests for people getting into the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain name service which is a fancy method of stating that it is a
Unstoppable Domains leverages blockchain innovation to supply users with domain names that are not managed or censored by any central authority. Unlike traditional domain registrars where domain ownership is subject to the rules and policies of centralized entities, Unstoppable Domains stores domain ownership information on the Ethereum blockchain. Setting Up a Web3 Domain with Unstoppable Domains: To set up a Web3 domain with Unstoppable Domains, follow these steps: a. Check out the Unstoppable Domains site: Go to the Unstoppable Domains site (https://unstoppabledomains.com/).
to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that gets a plan back to send out to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complex math and software all of this communication occurs behind the scenes but to you it’s simple and easy to use in fact if we had to type in 188.8.131.52 into the url bar instead of google.com a lot more individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s basically 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 very same thing that i simply discussed except it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share them this i can’t inform someone that and i could not reliably type that into a computer you need to copy and paste it which is essentially what ens does is translate whiteboardcrypto.ef into that address now as you saw the title this video has to do with unstoppable domains so just like ens resembles dns unstoppable domains resembles ens nevertheless i have observed it’s got around four big edges that make it a bit much better number one they enable several wallets so personally i think the coolest thing unstoppable domains does is produce a multi-wallet wallet and this suggests you can include your wallets for different coins into their software application and then you can actually h.
c. Purchase the domain: If your desired domain is available, you can buy it by clicking it and following the instructions on the website. You will require a cryptocurrency wallet (generally Ethereum) to complete the purchase.
can get a wallet name that you can reroute to numerous other coins plus you literally are getting a domain name now this implies you can host an actual site on whatever domain you book personally i have some plans for whiteboard.crypto but it’s prematurely to share technically you can do this with ens but unstoppable domains makes it a lot simpler ens also only lets you claim dot eth addresses while unstoppable domains lets you declare dot crypto dot zil dot coin dot wallet and a few others one thing to note here is that for both of these domain services to host a site you need to use a browser that supports the extensions like crypto or eth and i’ll actually talk about this in the future in the video another method unstoppable domains seems to me to be much better than ens is because they in fact just charge a one-time charge while ens is based on payment each year for white boards crypto.eth on ens i paid around 60 dollars to secure 10 years and i in fact did this a few months earlier and ever since gas fees have most likely made that seem very affordable for me i personally think the biggest difference here is the difference between ownership of a name instead of a membership to a name unstoppable domains have prices less than sixty dollars and you’ll never ever have to fret about forgetting to renew your address finally they’re transferring to layer 2 so speaking of seeming cost effective unstoppable domains is actually introducing on polygons quickly implying they’re moving from the main ethereum network to a layer 2 network which. Unstoppable Domains Inc
d. Configure DNS and other settings: After buying the domain, you can configure DNS settings to link it to your website, decentralized application, or blockchain-based material. Unstoppable Domains provides an easy to use dashboard for handling these settings. e. Usage your Web3 domain: When set up, your Web3 domain can be used much like a conventional domain name. Visitors can access your website or material by entering the Web3 domain into their web browsers. Use Cases for Web3 Domains: Web3 domains, supplied by Unstoppable Domains and comparable services, have various use cases: a. Decentralized Sites: You can produce censorship-resistant websites hosted on IPFS and connect them to your Web3 domain. b. Blockchain Wallet Addresses: Streamline the procedure of receiving cryptocurrency by associating your crypto wallet address with your Web3 domain. This makes it much easier for others to send you crypto. c. Decentralized Applications (dApps): Connect your Web3 domain to a decentralized application, offering a remarkable and easy to use method for users to access your dApp. d.
Is Unstoppable Domains Inc a good idea?
Comparable services and unstoppable domains provide an unique way to establish ownership and control over your online presence in the Web3 era, where decentralization and censorship resistance are valued principles. By setting up a Web3 domain, you can enjoy these advantages and check out various innovative and functional use cases.
pay with ethereum so the first thing we’re going to do is really click ethereum down here and after that we are going to copy this address increase to our metamask account and click send out and then i’m going to paste the address in and after that the amount of ethereum i’m going to send out is the precise amount that they have actually shared here and although it’s determined 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 check those eight 4 five three eight four 5 3 with 2 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 charge is going to be 24 which’s just because today ethereum is really crowded so to get your transaction initially in line you need to pay essentially 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 upgraded that they have actually identified a payment and now we essentially wait on that payment to be verified [Music] if we go here and we click these 3 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 verifications and some places like to see 10 other like to see 35 and what this indicates is that there’s actually in this block there’s two more blocks that have actually been validated in front of it therefore this is to ensure that this transaction actually doesn’t get reverted because of some fork in the network the more block confirmations you have the more secure this transaction is there we go they’ve emailed the invoice to my email and after that they have actually likewise again showed me just how much i paid so if i go here to go to my domains now i really own turtlecat.