A blockchain-based domain system. Unstoppable Domains Techcrunch …
Decentralized domain registration and management services. It is built on blockchain innovation, mainly utilizing Ethereum and the InterPlanetary File System (IPFS), and intends 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 couple of months ago i produced a video on ens which is a complex idea for newbies and isn’t really a trendy topic so it just had 5 000 views recently the procedure behind ens actually did an airdrop resulting in 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 perhaps even better than ens welcome to whiteboardcrypto the number one youtube channel for crypto education and here we explain subjects of the cryptocurrency world using examples stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complex crypto space prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for 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 controlled or censored by any central authority. Unlike standard 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. Setting Up a Web3 Domain with Unstoppable Domains: To set up a Web3 domain with Unstoppable Domains, follow these steps: a. Visit the Unstoppable Domains website: Go to the Unstoppable Domains website (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 after that grabs a bundle back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com home page utilizing complex mathematics and software all of this interaction happens behind the scenes but to you it’s easy and easy to use in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good 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 essentially the very same thing that i just discussed other than it’s for ethereum ens represents ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 actually hard at work producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share them this i can’t inform somebody that and i couldn’t dependably type that into a computer you have 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 just like ens is similar to dns unstoppable domains is similar to ens nevertheless i have actually seen it’s got around 4 huge edges that make it a little bit much better primary they enable numerous wallets so personally i think the coolest thing unstoppable domains does is create a multi-wallet wallet and this suggests you can include your wallets for various coins into their software application and then you can actually h.
c. Purchase the domain: If your preferred domain is available, you can purchase it by clicking on it and following the instructions on the site. You will require a cryptocurrency wallet (generally Ethereum) to finish the purchase.
can get a wallet name that you can reroute to many other coins plus you actually are getting a domain name now this indicates you can host a real site on whatever domain you schedule personally i have some prepare for whiteboard.crypto but it’s prematurely to share technically you can do this with ens however unstoppable domains makes it a lot easier ens likewise 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 keep in mind here is that for both of these domain services to host a site you must use an internet browser that supports the extensions like crypto or eth and i’ll actually speak about this later in the video another method unstoppable domains seems to me to be much better than ens is since they in fact just charge a one-time charge while ens is based upon payment annually for white boards crypto.eth on ens i paid around 60 dollars to lock in ten years and i actually did this a couple of months earlier and since then gas costs have actually most likely made that seem really affordable for me i personally think the largest difference here is the difference between ownership of a name instead of a subscription to a name unstoppable domains have prices less than sixty dollars and you’ll never have to worry about forgetting to restore your address lastly they’re relocating to layer two so speaking of seeming affordable unstoppable domains is in fact introducing on polygons soon meaning they’re moving from the main ethereum network to a layer 2 network which. Unstoppable Domains Techcrunch
d. Configure DNS and other settings: After acquiring the domain, you can set up DNS settings to connect it to your website, decentralized application, or blockchain-based material. Unstoppable Domains provides an user-friendly dashboard for managing these settings. e. Usage your Web3 domain: Once configured, your Web3 domain can be utilized similar to a standard domain name. Visitors can access your website or content by entering the Web3 domain into their web browsers. Use Cases for Web3 Domains: Web3 domains, offered by Unstoppable Domains and comparable services, have various 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: Simplify 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, supplying a remarkable and user-friendly way for users to access your dApp. d.
with dot crypto does not work on a lot of internet browsers unless you utilize an unique extension so if you want to host a site and desire somebody to see it you’ll need to ask to set up brave or unstoppable domains extension or wait until it becomes a standard in the traditional web 2.0 world an internet browser like brave will really transform your turtle cat.crypto domain into an ip address similar to it provides for any other website after which you can browse the site like you would google or facebook and i’m stating all of this to reveal you how dot crypto and dot zill work is exactly the like how dot com or dot org work except the group of people managing the url part of the internet or icann they have not made crypto or dot zill a basic yet this is most likely because every part of every com sale they actually receive a portion of but they do not receive a part of every crypto domain sale personally even with these threats i still believe we require a service like unstoppable domains to help onboard new crypto users their user interface is really user friendly the costs are much lower and there are no gas fees moving forward plus since they create human legible addresses amongst several wallets they are clearly a tool that brand-new users will value for those of us who have already invested in defy understanding wallet addresses and how smart contracts work resembles a second nature but only a few years ago or for me a few months ago a great deal of these ideas were over our heads much like you don’t necessarily require to know how chrome actually loads your facebook.com page by using dns ipv6 html and javascript you do not always need to know exactly how crypto.
Is Unstoppable Domains Techcrunch a good idea?
Content Hosting: Shop and share content on IPFS and use your Web3 domain to provide direct access to this material. e. NFT Galleries: Develop a gallery of your NFT (Non-Fungible Token) art and link it to your Web3 domain, making it simple for art collectors to see your collection. Similar services and unstoppable domains provide a novel method to develop ownership and control over your online existence in the Web3 period, where decentralization and censorship resistance are valued principles. By establishing a Web3 domain, you can delight in these advantages and check out numerous creative and functional 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 go up 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 out is the precise quantity that they have actually shared here and although it’s calculated 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 check those eight four 5 3 8 four 5 3 with two 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 transaction cost is going to be 24 and that’s even if today ethereum is really crowded so to get your deal first in line you need to pay basically twenty 3 dollars for this video i’m gon na go ahead and pay that however i would not recommend you paying that right now as you can see they’ve automatically updated that they have identified a payment and now we generally await that payment to be verified [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 transaction you can see here there are 2 block confirmations and some locations like to see 10 other like to see 35 and what this implies is that there’s in fact in this block there’s 2 more blocks that have actually been verified in front of it therefore this is to make sure that this deal actually does not get gone back because of some fork in the network the more block confirmations you have the more protected this deal exists we go they have actually emailed the invoice to my email and then they’ve likewise once again revealed me how much i paid so if i go here to go to my domains now i in fact own turtlecat.