A blockchain-based domain name system. Unstoppable Domains Valuation …
Decentralized domain registration and management services. It is built on blockchain technology, mainly utilizing Ethereum and the InterPlanetary File System (IPFS), and aims to supply users with censorship-resistant, truly ownership-focused domain. Here’s an overview of what Unstoppable Domains is and how you can set up a Web3 domain:
a few months ago i produced a video on ens which is a complex concept for newbies and isn’t truly a fashionable subject so it only had 5 000 views just recently the procedure behind ens really did an airdrop resulting in me and a lots of other people earning over 11 000 just for my preliminary investment of 60 to sign up the name whiteboardcrypto.ef i’m here to share something newer and rather potentially even better than ens welcome to whiteboardcrypto the number one youtube channel for crypto education and here we describe subjects of the cryptocurrency world utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that indicates for people getting into the complicated crypto area before we really 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 enjoy using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns represents domain name service which is a fancy way of stating that it is a
Unstoppable Domains leverages blockchain innovation to offer users with domain names that are not managed or censored by any main authority. Unlike conventional domain registrars where domain ownership is subject to the guidelines and regulations of centralized entities, Unstoppable Domains shops domain ownership info on the Ethereum blockchain. Setting Up a Web3 Domain with Unstoppable Domains: To set up a Web3 domain with Unstoppable Domains, follow these actions: a. See the Unstoppable Domains website: Go to the Unstoppable Domains site (https://unstoppabledomains.com/).
to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and then grabs a bundle back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex mathematics and software all of this interaction occurs behind the scenes but to you it’s basic and easy to use in fact if we had to type in 184.108.40.206 into the url bar instead of google.com a lot more people 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 human beings to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just discussed other than it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to comprehending crypto the option 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 system you need to copy and paste it which is essentially 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 just like ens is similar to dns unstoppable domains is similar to ens nevertheless i have actually noticed it’s navigated 4 big edges that make it a little bit much better number one they enable multiple wallets so personally i think the coolest thing unstoppable domains does is develop a multi-wallet wallet and this indicates you can include your wallets for various coins into their software application and then you can literally h.
c. Purchase the domain: If your desired domain is available, you can buy it by clicking it and following the guidelines on the website. You will require a cryptocurrency wallet (usually Ethereum) to complete the purchase.
can get a wallet name that you can reroute to numerous other coins plus you actually are getting a domain now this means you can host a real site on whatever domain you book personally i have some prepare for whiteboard.crypto but it’s too early to share technically you can do this with ens however unstoppable domains makes it a lot simpler ens also just lets you declare dot eth addresses while unstoppable domains lets you declare dot crypto dot zil dot coin dot wallet and a couple of 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 really talk about this later in the video another method unstoppable domains seems to me to be much better than ens is since they actually only charge a one-time fee while ens is based upon payment each year for whiteboard crypto.eth on ens i paid around 60 dollars to secure ten years and i really did this a few months back and ever since gas charges have probably made that seem very economical for me i personally think the biggest difference here is the distinction in between ownership of a name instead of a membership to a name unstoppable domains have rates less than sixty dollars and you’ll never need to fret about forgetting to renew your address finally they’re relocating to layer two so speaking of seeming inexpensive unstoppable domains is in fact releasing on polygons soon indicating they’re moving from the primary ethereum network to a layer 2 network which. Unstoppable Domains Valuation
Unstoppable Domains supplies an easy to use dashboard for managing these settings. Visitors can access your website or content by going into the Web3 domain into their browsers. Usage Cases for Web3 Domains: Web3 domains, offered by Unstoppable Domains and comparable services, have numerous usage cases: a. Decentralized Websites: You can produce censorship-resistant websites hosted on IPFS and connect them to your Web3 domain.
Is Unstoppable Domains Valuation a good idea?
Unstoppable Domains and comparable services offer an unique method to establish ownership and control over your online presence in the Web3 age, where decentralization and censorship resistance are valued principles. By setting up a Web3 domain, you can take pleasure in these benefits and check out different creative and practical usage cases.
pay with ethereum so the first thing we’re going to do is in fact click 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 after that the quantity of ethereum i’m going to send is the exact quantity that they have actually shared here and despite the fact that it’s computed at little less than 40 this is what they’re requesting so that’s how much i’m going to send i’m going to double check those eight four 5 three 8 4 5 three with two 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 even if today ethereum is extremely congested so to get your transaction first 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 today as you can see they’ve automatically updated that they have actually identified a payment and now we basically wait for that payment to be confirmed [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 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 indicates is that there’s actually in this block there’s 2 more blocks that have actually been verified in front of it and so this is to make sure that this transaction actually doesn’t get gone back because of some fork in the network the more block confirmations you have the more safe this transaction is there we go they have actually emailed the invoice to my e-mail and then they have actually also again revealed me how much i paid so if i go here to go to my domains now i really own turtlecat.