A blockchain-based domain name system. Unstoppable Domain Auction …
Decentralized domain registration and management services. It is built on blockchain innovation, primarily utilizing Ethereum and the InterPlanetary File System (IPFS), and intends to offer users with censorship-resistant, truly ownership-focused domain names. Here’s a summary of what Unstoppable Domains is and how you can establish a Web3 domain:
a few months ago i developed a video on ens which is a complicated concept for beginners and isn’t really a trendy topic so it only had 5 000 views just recently the protocol behind ens actually did an airdrop resulting in me and a ton of other individuals earning over 11 000 just for my preliminary financial investment of 60 to register the name whiteboardcrypto.ef i’m here to share something more recent and quite possibly even much better than ens invite to whiteboardcrypto the top youtube channel for crypto education and here we describe topics of the cryptocurrency world using examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for people entering the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an elegant method of stating that it is a
What is Unstoppable Domains? Unstoppable Domains leverages blockchain innovation to supply users with domain names that are not controlled or censored by any central authority. Unlike traditional domain registrars where domain ownership is subject to the guidelines and regulations of centralized entities, Unstoppable Domains shops domain ownership details on the Ethereum blockchain. This ensures that when you own a domain, nobody can take it away from you or hinder your capability to use it. Establishing a Web3 Domain with Unstoppable Domains: To establish a Web3 domain with Unstoppable Domains, follow these steps: a. See the Unstoppable Domains site: Go to the Unstoppable Domains site (https://unstoppabledomains.com/). b. Look for your desired domain: Use the search bar to check if your favored domain is readily available. You can search for standard domain extensions (e.g.,. com,. web) as well as blockchain-based extensions (e.g.,. crypto,. zil).
to your internet service provider stating 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 package is then unpacked by your computer to show you the whole of the google.com home page utilizing complex mathematics and software application all of this interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we had to type in 188.8.131.52 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and practically 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 want to support the channel feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have 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 and that 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 is similar to dns unstoppable domains resembles ens nevertheless i have actually observed it’s got around four big edges that make it a bit much better top they permit several wallets so personally i believe 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 application and after that you can actually h.
c. Purchase the domain: If your desired domain is available, you can purchase it by clicking it and following the guidelines on the website. You will require a cryptocurrency wallet (typically 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 name now this means you can host an actual site on whatever domain you schedule personally i have some prepare for whiteboard.crypto however it’s too early to share technically you can do this with ens however unstoppable domains makes it a lot simpler 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 few others one thing to note here is that for both of these domain services to host a site you should utilize a browser that supports the extensions like crypto or eth and i’ll really speak about this later on in the video another way unstoppable domains seems to me to be better than ens is due to the fact that they really just charge a one-time cost while ens is based upon payment per year for whiteboard crypto.eth on ens i paid around 60 dollars to secure ten years and i really did this a couple of months earlier and ever since gas costs have actually probably made that seem really cost effective for me i personally believe the biggest distinction here is the distinction between ownership of a name instead of a membership to a name unstoppable domains have costs less than sixty dollars and you’ll never have to worry about forgetting to renew your address lastly they’re relocating to layer two so speaking of seeming budget-friendly unstoppable domains is actually launching on polygons quickly suggesting they’re moving from the main ethereum network to a layer 2 network which. Unstoppable Domain Auction
d. Configure DNS and other settings: After purchasing the domain, you can configure DNS settings to link it to your site, decentralized application, or blockchain-based material. Unstoppable Domains offers an user-friendly dashboard for handling these settings. e. Usage your Web3 domain: Once set up, your Web3 domain can be utilized similar to a standard domain. Visitors can access your site or material by entering the Web3 domain into their internet browsers. Usage Cases for Web3 Domains: Web3 domains, supplied by Comparable services and unstoppable domains, have numerous use cases: a. Decentralized Websites: You can create censorship-resistant websites hosted on IPFS and link 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 simpler for others to send you crypto. c. Decentralized Applications (dApps): Connect your Web3 domain to a decentralized application, offering a user-friendly and remarkable method for users to access your dApp. d.
Is Unstoppable Domain Auction a good idea?
Content Hosting: Shop and share material on IPFS and use your Web3 domain to provide direct access to this material. e. NFT Galleries: Create a gallery of your NFT (Non-Fungible Token) art and link it to your Web3 domain, making it easy for art collectors to view your collection. Unstoppable Domains and similar services use an unique method to establish ownership and control over your online existence in the Web3 era, where decentralization and censorship resistance are valued concepts. By establishing a Web3 domain, you can enjoy these benefits and explore various creative and practical use cases.
pay with ethereum so the first thing we’re going to do is actually click ethereum down here and after that we are going to copy this address increase to our metamask account and click send and after that i’m going to paste the address in and after that the amount of ethereum i’m going to send is the specific amount 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 i’m going to check those 8 four 5 three 8 4 5 3 with 2 leading 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 charge is going to be 24 which’s just because right now ethereum is extremely congested so to get your deal initially in line you need to pay basically twenty three dollars for this video i’m gon na proceed and pay that however i would not recommend you paying that today as you can see they’ve immediately upgraded that they have spotted a payment and now we basically wait for that payment to be verified [Music] if we go here and we click on 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 on 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 really in this block there’s two more blocks that have been validated in front of it therefore this is to make sure that this transaction actually doesn’t get gone back because of some fork in the network the more block verifications you have the more safe this transaction is there we go they have actually emailed the invoice to my e-mail and then they’ve also once again revealed me how much i paid so if i go here to go to my domains now i really own turtlecat.