A blockchain-based domain system. Ledger Unstoppable Domains …
Decentralized domain registration and management services. It is built on blockchain innovation, mostly utilizing Ethereum and the InterPlanetary File System (IPFS), and intends to offer users with censorship-resistant, really ownership-focused domain. Here’s an overview of what Unstoppable Domains is and how you can establish a Web3 domain:
a couple of months ago i developed a video on ens which is a complicated idea for newbies and isn’t truly a fashionable subject so it just had 5 000 views recently the protocol behind ens really did an airdrop leading to me and a lots of other people earning over 11 000 just for my initial 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 describe topics of the cryptocurrency world using analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that indicates for people entering the complex crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we like utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns means domain name service which is an expensive 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 guidelines of centralized 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. See the Unstoppable Domains site: Go to the Unstoppable Domains website (https://unstoppabledomains.com/).
to your internet service provider saying 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 show you the whole of the google.com web page utilizing complicated math and software all of this communication takes place behind the scenes but to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 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 internet because 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 very same thing that i just mentioned except it’s for ethereum ens means 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 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 effort on this video and the past hundred that we’ve been really hard at work producing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share them this i can’t tell someone that and i could not dependably type that into a computer you have 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 is about unstoppable domains so much like ens resembles dns unstoppable domains resembles ens nevertheless i have seen it’s navigated 4 big edges that make it a bit better number one they permit several wallets so personally i think the coolest thing unstoppable domains does is produce a multi-wallet wallet and this means you can add your wallets for various coins into their software application and then you can literally h.
c. Purchase the domain: If your wanted domain is readily available, you can acquire it by clicking it and following the instructions on the site. You will require a cryptocurrency wallet (usually 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 suggests you can host a real site on whatever domain you book personally i have some plans for whiteboard.crypto but it’s too early to share technically you can do this with ens but unstoppable domains makes it a lot easier ens likewise just lets you claim dot eth addresses while unstoppable domains lets you declare dot crypto dot zil dot coin dot wallet and a few others one thing to keep in mind 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 discuss this in the future in the video another way unstoppable domains seems to me to be better than ens is due to the fact that they in fact just charge a one-time fee while ens is based upon payment each year for white boards crypto.eth on ens i paid around 60 dollars to lock in ten years and i in fact did this a few months earlier and ever since gas charges have probably made that seem extremely economical for me i personally think the biggest difference here is the difference in between ownership of a name instead of a subscription to a name unstoppable domains have costs less than sixty dollars and you’ll never ever need to worry about forgetting to renew your address last but not least they’re transferring to layer 2 so speaking of appearing cost effective unstoppable domains is actually introducing on polygons soon suggesting they’re moving from the main ethereum network to a layer 2 network which. Ledger Unstoppable Domains
Unstoppable Domains offers an easy to use control panel for managing these settings. Visitors can access your website or content by getting in the Web3 domain into their internet browsers. Usage Cases for Web3 Domains: Web3 domains, supplied by Comparable services and unstoppable domains, have various use cases: a. Decentralized Sites: You can develop censorship-resistant sites hosted on IPFS and link them to your Web3 domain.
Is Ledger Unstoppable Domains a good idea?
Unstoppable Domains and similar services use an unique method to establish ownership and control over your online presence in the Web3 era, where decentralization and censorship resistance are valued principles. By setting up a Web3 domain, you can enjoy these benefits and check out numerous imaginative and functional use cases.
pay with ethereum so the first thing we’re going to do is really click on ethereum down here and then we are going to copy this address go up to our metamask account and click send out and after that i’m going to paste the address in and then the amount of ethereum i’m going to send is the specific quantity that they have actually shared here and even though 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 8 4 five 3 8 four five three with 2 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 deal fee is going to be 24 and that’s even if today ethereum is extremely crowded so to get your deal initially in line you need to pay essentially twenty three dollars for this video i’m gon na proceed and pay that but i would not suggest you paying that today as you can see they’ve immediately upgraded that they have found a payment and now we basically wait for that payment to be validated [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 transaction was made and if we click on that transaction you can see here there are two block verifications and some places 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 transaction really doesn’t get gone back because of some fork in the network the more block verifications you have the more secure this transaction exists we go they’ve emailed the receipt to my email and then they have actually also again showed me how much i paid so if i go here to go to my domains now i actually own turtlecat.