A blockchain-based domain name system. Unstoppable Domains Stock Price …
Decentralized domain registration and management services. It is built on blockchain innovation, mainly using Ethereum and the InterPlanetary File System (IPFS), and aims to offer users with censorship-resistant, truly ownership-focused domain names. Here’s an introduction of what Unstoppable Domains is and how you can set up a Web3 domain:
a few months ago i developed a video on ens which is a complex concept for newbies and isn’t actually a stylish subject so it just had 5 000 views recently the protocol behind ens actually did an airdrop leading to me and a ton 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 newer and rather potentially even better than ens welcome to whiteboardcrypto the top youtube channel for crypto education and here we explain topics of the cryptocurrency world using analogies stories and examples so that you can quickly understand 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 implies for individuals getting into the complex crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll need 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 means domain name service which is an elegant way of stating that it is a
Unstoppable Domains leverages blockchain technology to supply users with domain names that are not controlled or censored by any central authority. Unlike conventional domain registrars where domain ownership is subject to the guidelines and policies of central entities, Unstoppable Domains stores domain ownership details 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. Check out 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 learns and goes to where google is tells them that you are trying to find them and then gets a plan back to send to you now the plan is then unpacked by your computer to show you the totality of the google.com web page utilizing complicated mathematics and software all of this communication occurs behind the scenes however to you it’s basic and user friendly in fact if we had to key in 220.127.116.11 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 internet since it makes good 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 essentially the same thing that i just pointed out other than it’s for ethereum ens stands for 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 don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share them this i can’t inform somebody that and i could not dependably type that into a computer you need to copy and paste it and that 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 similar to ens is similar to dns unstoppable domains resembles ens however i have actually discovered it’s navigated 4 huge edges that make it a little bit much better top they permit several wallets so personally i believe 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 application and then you can actually h.
c. Purchase the domain: If your desired domain is offered, you can purchase it by clicking on it and following the directions on the website. You will need a cryptocurrency wallet (normally Ethereum) to finish the purchase.
can get a wallet name that you can reroute to many other coins plus you literally are getting a domain now this implies you can host an actual website 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 just 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 must use a browser that supports the extensions like crypto or eth and i’ll really talk about this in the future in the video another way unstoppable domains appears to me to be much better than ens is since they really just charge a one-time cost while ens is based upon payment annually for whiteboard crypto.eth on ens i paid around 60 dollars to secure 10 years and i actually did this a couple of months earlier and ever since gas costs have most likely made that appear extremely inexpensive for me i personally think the largest distinction here is the distinction in 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 need to fret about forgetting to restore your address finally they’re transferring to layer 2 so speaking of seeming cost effective unstoppable domains is in fact launching on polygons soon meaning they’re moving from the primary ethereum network to a layer 2 network which. Unstoppable Domains Stock Price
Unstoppable Domains provides an user-friendly dashboard for managing these settings. Visitors can access your website or material by entering the Web3 domain into their browsers. Usage Cases for Web3 Domains: Web3 domains, supplied by Similar services and unstoppable domains, have numerous use cases: a. Decentralized Websites: You can create censorship-resistant websites hosted on IPFS and connect them to your Web3 domain.
Is Unstoppable Domains Stock Price 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 concepts. By setting up a Web3 domain, you can delight in these benefits and check out numerous innovative and practical 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 increase to our metamask account and click send and after that i’m going to paste the address in and then the quantity of ethereum i’m going to send out is the precise amount that they have actually shared here and even though it’s determined at little less than 40 this is what they’re asking for so that’s how much i’m going to send i’m going to check those eight 4 5 three eight four 5 three with 2 leading absolutely nos 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 deal fee is going to be 24 which’s even if 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 suggest you paying that right now as you can see they have actually automatically upgraded that they have actually discovered a payment and now we essentially wait for that payment to be verified [Music] if we go here and we click on these three dots and view accounts in ether scan we can really see that 20 seconds ago that transaction was made and if we click on that deal you can see here there are two block verifications and some places like to see 10 other like to see 35 and what this implies is that there’s actually in this block there’s two more blocks that have actually been verified in front of it and so this is to ensure that this transaction actually does not get reverted because of some fork in the network the more block verifications you have the more protected this transaction exists we go they have actually emailed the invoice to my email 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.