A blockchain-based domain name system. Unstoppable Domains Vs Ethereum Name Service …
Decentralized domain registration and management services. It is built on blockchain innovation, primarily utilizing Ethereum and the InterPlanetary File System (IPFS), and aims to provide users with censorship-resistant, truly ownership-focused domain. Here’s an introduction of what Unstoppable Domains is and how you can set up a Web3 domain:
a couple of months ago i created a video on ens which is a complex concept for novices and isn’t truly a trendy subject so it only had 5 000 views just recently the protocol behind ens really did an airdrop resulting in me and a ton 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 more recent and quite perhaps even better than ens welcome to whiteboardcrypto the number one youtube channel for crypto education and here we discuss topics of the cryptocurrency world utilizing analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that means for individuals entering the complicated crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns represents domain name service which is an elegant way of saying that it is a
Unstoppable Domains leverages blockchain innovation to offer 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 rules and policies of central entities, Unstoppable Domains stores 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. Go to the Unstoppable Domains site: Go to the Unstoppable Domains website (https://unstoppabledomains.com/).
to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that gets a package back to send to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page using complicated math and software all of this communication takes place behind the scenes but to you it’s easy and easy to use in fact if we had to key in 126.96.36.199 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes 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 basically the same thing that i simply mentioned except 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 simply type that in and pay me 20 if you desire 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 creating but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share them this i can’t tell 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 translate whiteboardcrypto.ef into that address now as you saw the title this video has to do with unstoppable domains so just like ens resembles dns unstoppable domains is similar to ens nevertheless i have seen it’s got around 4 big edges that make it a little bit better primary they enable multiple wallets so personally i believe the coolest thing unstoppable domains does is develop a multi-wallet wallet and this means you can add your wallets for various coins into their software and then you can actually h.
c. Purchase the domain: If your preferred domain is readily available, you can purchase it by clicking on it and following the guidelines on the website. You will require a cryptocurrency wallet (normally Ethereum) to finish the purchase.
can get a wallet name that you can reroute to numerous other coins plus you actually are getting a domain now this implies you can host an actual 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 only 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 utilize a web 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 better than ens is due to the fact that they really only charge a one-time fee while ens is based on payment per year for white boards crypto.eth on ens i paid around 60 dollars to lock in ten years and i actually did this a few months earlier and ever since gas charges have actually most likely made that appear extremely affordable for me i personally believe the biggest difference here is the difference between ownership of a name instead of a subscription to a name unstoppable domains have rates less than sixty dollars and you’ll never need to fret about forgetting to renew your address last but not least they’re relocating to layer two so speaking of seeming inexpensive unstoppable domains is actually launching on polygons quickly implying they’re moving from the main ethereum network to a layer 2 network which. Unstoppable Domains Vs Ethereum Name Service
Unstoppable Domains provides an easy to use dashboard for managing these settings. Visitors can access your website or material by entering the Web3 domain into their web browsers. Usage Cases for Web3 Domains: Web3 domains, offered by Comparable services and unstoppable domains, have different usage cases: a. Decentralized Sites: You can produce censorship-resistant sites hosted on IPFS and link them to your Web3 domain.
Is Unstoppable Domains Vs Ethereum Name Service a good idea?
Material Hosting: Store and share content on IPFS and use your Web3 domain to supply direct access to this content. 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 use a novel way to develop ownership and control over your online existence in the Web3 period, where decentralization and censorship resistance are valued concepts. By establishing a Web3 domain, you can take pleasure in these advantages and explore different creative and functional use 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 go up to our metamask account and click send and then 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 although 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 check those 8 4 five three eight 4 5 three 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 transaction cost is going to be 24 and that’s even if right now ethereum is very crowded so to get your deal first in line you need to pay essentially twenty three dollars for this video i’m gon na go ahead and pay that however i would not advise you paying that right now as you can see they have actually immediately updated that they have actually found a payment and now we basically wait on 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 actually see that 20 seconds ago that transaction 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 indicates is that there’s actually in this block there’s 2 more blocks that have actually been confirmed in front of it therefore this is to ensure that this deal really does not get gone back because of some fork in the network the more block verifications you have the more safe and secure this deal is there we go they’ve emailed the invoice to my email and then they have actually likewise again showed me just how much i paid so if i go here to go to my domains now i really own turtlecat.