A blockchain-based domain name system. Does Unstoppable Domains Work With Ledger …
Decentralized domain registration and management services. It is built on blockchain technology, mainly utilizing Ethereum and the InterPlanetary File System (IPFS), and intends to provide users with censorship-resistant, really ownership-focused domain names. Here’s an overview of what Unstoppable Domains is and how you can set up a Web3 domain:
a few months ago i produced a video on ens which is a complicated idea for newbies and isn’t actually a fashionable subject so it only had 5 000 views just recently the protocol behind ens really did an airdrop resulting in me and a lots of other individuals making over 11 000 just for my preliminary financial investment of 60 to sign up the name whiteboardcrypto.ef i’m here to share something more recent and rather potentially even better than ens welcome to whiteboardcrypto the number one youtube channel for crypto education and here we explain topics of the cryptocurrency world utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that indicates for people getting into the complex crypto area before we in fact 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 enjoy using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain name service which is a fancy way of stating that it is a
What is Unstoppable Domains? Unstoppable Domains leverages blockchain innovation to offer users with domain that are not managed or censored by any central authority. Unlike traditional domain registrars where domain ownership undergoes the rules and policies of central entities, Unstoppable Domains stores domain ownership information on the Ethereum blockchain. This guarantees that as soon as you own a domain, no one can take it far from you or hinder your ability to use it. Setting Up a Web3 Domain with Unstoppable Domains: To establish a Web3 domain with Unstoppable Domains, follow these steps: a. Go to the Unstoppable Domains website: Go to the Unstoppable Domains site (https://unstoppabledomains.com/). b. Search for your wanted domain: Utilize the search bar to inspect if your favored domain is available. You can look for conventional domain extensions (e.g.,. com,. web) along with blockchain-based extensions (e.g.,. crypto,. zil).
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 searching for them and then grabs a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complex math and software all of this interaction happens behind the scenes however to you it’s simple 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 individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since 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 simply pointed out other than it’s for ethereum ens means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share them this i can’t inform someone that and i couldn’t reliably type that into a computer system you need to copy and paste it which is essentially 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 much like ens resembles dns unstoppable domains resembles ens nevertheless i have observed it’s got around 4 big edges that make it a little bit better number one they enable numerous wallets so personally i believe the coolest thing unstoppable domains does is produce a multi-wallet wallet and this means you can add your wallets for different coins into their software and after that you can literally h.
c. Purchase the domain: If your preferred domain is readily available, you can purchase it by clicking on it and following the directions on the website. You will need a cryptocurrency wallet (generally Ethereum) to complete the purchase.
can get a wallet name that you can reroute to numerous other coins plus you literally are getting a domain now this indicates you can host an actual website on whatever domain you book personally i have some prepare for whiteboard.crypto but it’s too early 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 note here is that for both of these domain services to host a site you need to use an internet browser that supports the extensions like crypto or eth and i’ll in fact speak about this later on in the video another way unstoppable domains seems to me to be better than ens is since they actually just charge a one-time fee while ens is based on payment annually for white boards crypto.eth on ens i paid around 60 dollars to lock in 10 years and i actually did this a couple of months ago and ever since gas fees have probably made that appear really budget friendly for me i personally think the biggest distinction here is the difference 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 worry about forgetting to renew your address lastly they’re moving to layer two so speaking of appearing budget friendly unstoppable domains is in fact releasing on polygons quickly implying they’re moving from the main ethereum network to a layer 2 network which. Does Unstoppable Domains Work With Ledger
Unstoppable Domains offers an easy to use control panel for managing these settings. Visitors can access your site or content 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 Websites: You can develop censorship-resistant sites hosted on IPFS and link them to your Web3 domain.
Is Does Unstoppable Domains Work With Ledger a good idea?
Unstoppable Domains and similar services use a novel method to establish ownership and control over your online presence in the Web3 period, where decentralization and censorship resistance are valued concepts. By setting up a Web3 domain, you can delight in these benefits and explore numerous imaginative and practical use cases.
pay with ethereum so the first thing we’re going to do is in fact click on ethereum down here and after that we are going to copy this address increase to our metamask account and click send out and then i’m going to paste the address in and after that the amount of ethereum i’m going to send is the exact amount that they have actually shared here and despite the fact that it’s determined at little less than 40 this is what they’re requesting so that’s just how much i’m going to send out i’m going to double check those eight 4 5 3 eight 4 5 3 with two leading 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 fee is going to be 24 and that’s just because today ethereum is really congested so to get your transaction 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 today as you can see they have actually automatically updated that they have actually found a payment and now we essentially wait for that payment to be confirmed [Music] if we go here and we click on these 3 dots and view accounts in ether scan we can really see that 20 seconds ago that transaction was made and if we click 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 means is that there’s really in this block there’s two more blocks that have actually been validated in front of it therefore this is to ensure that this deal in fact doesn’t get reverted because of some fork in the network the more block verifications you have the more safe and secure this deal exists we go they’ve emailed the invoice to my e-mail and after that they have actually also once again revealed me how much i paid so if i go here to go to my domains now i in fact own turtlecat.