A blockchain-based domain name system. Invest In Unstoppable Domains …
Decentralized domain registration and management services. It is built on blockchain technology, mostly using Ethereum and the InterPlanetary File System (IPFS), and intends to provide users with censorship-resistant, really 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 newbies and isn’t really a stylish topic so it just had 5 000 views recently the procedure behind ens actually did an airdrop leading to me and a ton of other people making over 11 000 just for my preliminary investment of 60 to register the name whiteboardcrypto.ef i’m here to share something newer and quite potentially even better than ens invite to whiteboardcrypto the primary youtube channel for crypto education and here we describe subjects of the cryptocurrency world using 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 suggests for individuals getting into the complicated crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns stands for domain service which is a fancy method of saying that it is a
What is Unstoppable Domains? Unstoppable Domains leverages blockchain innovation to offer 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 shops domain ownership info on the Ethereum blockchain. This ensures that as soon as you own a domain, nobody can take it far from you or disrupt your capability to utilize it. Establishing a Web3 Domain with Unstoppable Domains: To set up a Web3 domain with Unstoppable Domains, follow these actions: a. Go to the Unstoppable Domains website: Go to the Unstoppable Domains site (https://unstoppabledomains.com/). b. Look for your preferred domain: Utilize the search bar to check if your preferred domain is readily available. You can search for standard domain extensions (e.g.,. com,. internet) as well as blockchain-based extensions (e.g.,. crypto,. zil).
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 searching for them and then gets a package back to send to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page using complicated math and software application all of this communication occurs behind the scenes but to you it’s basic and user friendly in fact if we had to type in 22.214.171.124 into the url bar instead of google.com a lot more people would be confused 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 human beings to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i just mentioned except 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 merely type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not utilized 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 need to copy and paste it and that is basically 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 is similar to dns unstoppable domains is similar to ens nevertheless i have noticed it’s navigated 4 big edges that make it a bit better top they enable several wallets so personally i think the coolest thing unstoppable domains does is produce 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 preferred domain is readily available, you can acquire 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 many other coins plus you actually are getting a domain now this suggests you can host a real site on whatever domain you reserve personally i have some prepare for whiteboard.crypto however it’s too early to share technically you can do this with ens but unstoppable domains makes it a lot simpler ens likewise 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 one thing 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 really speak about this later in the video another way unstoppable domains appears to me to be much better than ens is because they really only charge a one-time cost while ens is based on payment each year for whiteboard crypto.eth on ens i paid around 60 dollars to lock in 10 years and i really did this a few months back and since then gas charges have most likely made that appear really inexpensive for me i personally think the biggest difference here is the distinction in between ownership of a name instead of a subscription to a name unstoppable domains have rates less than sixty dollars and you’ll never have to worry about forgetting to renew your address last but not least they’re relocating to layer 2 so speaking of appearing economical unstoppable domains is really introducing on polygons quickly implying they’re moving from the main ethereum network to a layer 2 network which. Invest In Unstoppable Domains
d. Configure DNS and other settings: After purchasing the domain, you can set up DNS settings to connect it to your site, decentralized application, or blockchain-based content. Unstoppable Domains supplies an user-friendly dashboard for handling these settings. e. Usage your Web3 domain: When set up, your Web3 domain can be utilized just like a conventional domain. Visitors can access your website or content by getting in the Web3 domain into their browsers. Usage Cases for Web3 Domains: Web3 domains, offered by Unstoppable Domains and comparable services, have numerous use cases: a. Decentralized Websites: You can create censorship-resistant sites hosted on IPFS and link them to your Web3 domain. b. Blockchain Wallet Addresses: Streamline the process of receiving cryptocurrency by associating your crypto wallet address with your Web3 domain. This makes it simpler for others to send you crypto. c. Decentralized Applications (dApps): Link your Web3 domain to a decentralized application, offering a easy to use and memorable method for users to access your dApp. d.
Is Invest In Unstoppable Domains a good idea?
Similar services and unstoppable domains use an unique way to develop ownership and control over your online existence in the Web3 age, where decentralization and censorship resistance are valued concepts. By setting up a Web3 domain, you can enjoy these advantages and check out numerous innovative and practical use cases.
pay with ethereum so the first thing we’re going to do is really click on ethereum down here and after that we are going to copy this address go up to our metamask account and click send and then i’m going to paste the address in and after that the quantity of ethereum i’m going to send is the exact quantity that they have shared here and even though it’s determined at little less than 40 this is what they’re requesting for so that’s how much i’m going to send out i’m going to double check those eight 4 five three 8 4 5 3 with 2 leading absolutely nos so that’s what i’m going to pay with we’re going to go ahead and click next as you can see here the deal cost is going to be 24 and that’s even if right now ethereum is extremely congested so to get your transaction first in line you need to pay basically twenty three 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 have actually automatically updated that they have actually found a payment and now we generally wait on that payment to be confirmed [Music] if we go here and we click these three dots and view accounts in ether scan we can actually see that 20 seconds ago that deal was made and if we click on that deal you can see here there are two block confirmations and some locations like to see 10 other like to see 35 and what this implies is that there’s really in this block there’s 2 more blocks that have been verified in front of it therefore this is to ensure that this transaction really doesn’t get gone back because of some fork in the network the more block confirmations you have the more protected this transaction is there we go they have actually emailed the receipt to my e-mail and then they’ve also again showed me just how much i paid so if i go here to go to my domains now i actually own turtlecat.