A blockchain-based domain name system. Unstoppable Domains Ethereum …
Decentralized domain registration and management services. It is built on blockchain innovation, mostly utilizing Ethereum and the InterPlanetary File System (IPFS), and aims to provide users with censorship-resistant, truly ownership-focused domain names. Here’s a summary 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 complicated concept for beginners and isn’t actually a trendy subject so it only had 5 000 views recently the protocol behind ens actually did an airdrop leading to me and a ton of other people making over 11 000 just for my initial financial 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 invite to whiteboardcrypto the top youtube channel for crypto education and here we explain 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 describing what unstoppable domains is how they might be much better than ens and what that indicates for individuals entering 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 whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an expensive method of stating that it is a
What is Unstoppable Domains? Unstoppable Domains leverages blockchain technology to offer users with domain that are not managed or censored by any main authority. Unlike standard domain registrars where domain ownership goes through the guidelines and policies of central entities, Unstoppable Domains shops domain ownership details on the Ethereum blockchain. This guarantees that when you own a domain, nobody can take it away from you or interfere with your ability to utilize it. Establishing a Web3 Domain with Unstoppable Domains: To establish a Web3 domain with Unstoppable Domains, follow these steps: a. Visit the Unstoppable Domains site: Go to the Unstoppable Domains site (https://unstoppabledomains.com/). b. Search for your desired domain: Use the search bar to check if your preferred domain name is available. You can look for standard domain extensions (e.g.,. com,. internet) in addition to blockchain-based extensions (e.g.,. crypto,. zil).
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 plan is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex math and software application all of this communication happens behind the scenes but to you it’s easy and user friendly in fact if we had to type 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 nets since it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply mentioned except it’s for ethereum ens represents ethereum name service and basically lets me inform 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 wish to support the channel feel free to leave a like listed below it’s 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 but 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 tell somebody that and i could not reliably type that into a computer system you have to copy and paste it which is basically what ens does is equate whiteboardcrypto.ef into that address now as you saw the title this video is about unstoppable domains so just like ens resembles dns unstoppable domains resembles ens however i have actually discovered 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 create a multi-wallet wallet and this suggests you can add your wallets for different coins into their software application and after that you can literally h.
c. Purchase the domain: If your preferred domain is available, you can buy it by clicking it and following the instructions on the website. You will need a cryptocurrency wallet (typically Ethereum) to finish the purchase.
can get a wallet name that you can reroute to lots of other coins plus you literally are getting a domain name now this implies you can host an actual website on whatever domain you book personally i have some plans 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 also only lets you declare dot eth addresses while unstoppable domains lets you claim 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 utilize a web browser that supports the extensions like crypto or eth and i’ll actually discuss this later on in the video another way unstoppable domains seems to me to be much better than ens is due to the fact that they in fact only charge a one-time fee while ens is based on payment per year for whiteboard crypto.eth on ens i paid around 60 dollars to lock in 10 years and i in fact did this a few months ago and ever since gas costs have actually most likely made that seem really affordable for me i personally think the biggest distinction 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 ever have to stress over forgetting to renew your address last but not least they’re relocating to layer two so speaking of seeming budget friendly unstoppable domains is in fact releasing on polygons soon meaning they’re moving from the main ethereum network to a layer 2 network which. Unstoppable Domains Ethereum
Unstoppable Domains provides an user-friendly dashboard for handling these settings. Visitors can access your website or content by getting in the Web3 domain into their web browsers. Use Cases for Web3 Domains: Web3 domains, provided by Unstoppable Domains and similar services, have different use cases: a. Decentralized Websites: You can produce censorship-resistant websites hosted on IPFS and link them to your Web3 domain.
Is Unstoppable Domains Ethereum a good idea?
Unstoppable Domains and comparable services offer a novel method to develop ownership and control over your online existence in the Web3 period, where decentralization and censorship resistance are valued concepts. By setting up a Web3 domain, you can delight in these advantages and check out numerous innovative and functional use cases.
pay with ethereum so the first thing we’re going to do is really click ethereum down here and after that 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 exact quantity that they have shared here and despite the fact that it’s computed at little less than 40 this is what they’re requesting for so that’s how much i’m going to send i’m going to double check those eight four 5 three 8 four five 3 with two 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 transaction cost is going to be 24 and that’s just because right now ethereum is extremely congested so to get your deal first in line you have to pay basically twenty 3 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’ve immediately upgraded that they have found 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 really see that 20 seconds ago that deal was made and if we click that transaction you can see here there are 2 block verifications and some places like to see 10 other like to see 35 and what this means is that there’s really in this block there’s two more blocks that have been verified in front of it therefore this is to guarantee that this deal in fact doesn’t get gone back because of some fork in the network the more block confirmations you have the more safe and secure this deal exists we go they have actually emailed the invoice to my email and then they have actually also once again showed me just how much i paid so if i go here to go to my domains now i in fact own turtlecat.