Namecoin Scam – Register on the Blockchain

Blockchain domain name company Unstoppable Domains will no longer charge clients gas costs to mint an NFT …. Namecoin Scam…domain as of today, the company revealed. Unstoppable has actually finished the first phase of its move to Polygon, a layer-2 scaling service for Ethereum which has the ability to speed up deals and alleviate charges.

 

Initially, Unstoppable Domains made use of the Zilliqa blockchain prior to relocating to Ethereum and now Polygon, which touts itself as ” the environment-friendly blockchain scaling Ethereum.”.

 

” Gas” on Ethereum refers to the variable cost of making any sort of deal on the network and can typically get quite pricey. For example, gas fees to mint a single domain on Unstoppable Domains via Ethereum were as high as $100. While Ethereum is presently in the process of upgrading its network to minimize such fees, it’s unclear when the upgrade will be complete, which might help describe why Unstoppable Domains selected to transfer to Polygon now.

Unlike lots of other NFTs, which are typically connected with visual art such as images, gifs, or brief videos, NFT domain names are simply web domain that exist on a blockchain. NFTs are tokens that can be utilized to represent ownership over different kinds of digital items, including “uncensorable” web domains. These domains likewise serve the dual function of offering brief, easy-to-remember crypto wallet addresses, similar to the “. eth” names supplied by the Ethereum Name Service.

How much does unstoppable Domains cost?

 

Brave Co-Founder: ‘User Option’ At Heart of Crypto Web Domains.

2 weeks earlier, privacy-focused browser Brave included assistance for decentralized domain from Unstoppable Domains. Executives from both business informed Decrypt that the advantage of the decent …

NewsBusiness.
2 min read.
Ekin GençMay 31, 2021.

 

Unstoppable Domains claims that more than 1.5 million NFT domain names have actually been set up through its service given that 2018. The company enables users to buy domain names ending in.crypto,.

Now that Unstoppable Domains is transferring to Polygon, the business plans to use support for domain management as well as transfer solutions for those with older Zilliqa and Ethereum-minted domains. At the end of the month, users will have the ability to set up domains on Polygon with their cryptocurrency addresses along with add other functions like NFT galleries and social media links. If users want to move their domains from Polygon to Ethereum, they’ll have the ability to do so at some point in early 2022, but Ethereum gas charges will apply..

like yeah yeah i signed i comprehend like this that’s my wallet right now we need to state set the owner of this domain name to this address click i understand now you have actually set a customized gas rate and after that we need to sign the deal and there you go alright so what’s going to occur right here looks out inadequate funds that’s completely typical fine because this is a brand new wallet i do not have any ethereum in this so i can’t really pay for the gas charges to in fact claim this and so once again you have a few different alternatives so you can either go here and purchase a claim credit let me just browse back to the web page there we go so we can purchase a claim credit right here if we want to declare uh our domain name or you can just wait so the other alternative is simply to put ethereum in this wallet yourself so you can go to coinbase purchase ethereum transfer the ethereum to this meta mask wallet and after that you can spend for the ethereum that way or you can simply wait until they create a solution which they’re working on as a method to claim your domain for free alright everyone that’s it for this video on unstoppable domain names so these domain names are unstoppable since they are connected to the blockchain you own them permanently and no one can take it away from yo.

Who owns unstoppable Domains?

a portion of every crypto domain sale personally even with these threats i still think we require a service like unstoppable domains to help onboard new crypto users their interface is very user friendly the charges are much lower and there are no gas fees moving forward plus because they create human legible addresses among many different wallets they are plainly a tool that new users will appreciate for those of us who have actually currently bought defy comprehending wallet addresses and how smart agreements work resembles a second nature but just a few years ago or for me a couple of months ago a lot of these concepts were over our heads just like you don’t always need to understand how chrome actually loads your facebook.com page by utilizing dns ipv6 html and javascript you don’t necessarily require to understand exactly how crypto works to utilize it rather much like you type in facebook.com and struck go brand-new users simply require to understand that sending out money in crypto is just as easy as asking somebody to pay alice.crypto thank you men a lot for viewing this educational video about unstoppable domains but i will state for the rest of this video i’m in fact going to be revealing you how to register a brand-new domain and sharing the process with you so you can follow along or see how easy it is let’s dig in alright we’re here at unstoppabledomains.com and i’m in fact going to reveal you how to establish a new unstoppable domain and for the purposes of this video i’m going to be signing up turtlecat.crypto and you can see that it’s available for forty dollars so i’m gon na proceed and click add to cart i’m gon na go to my cart and basically uh yes i live in the united states my postal code and then i wan na continue with e-mail so here you can see that you can actually select credit card paypal cryptocurrency or the crypto.com app so i want to pay with ethereum so the first thing we’re going to do is in fact click ethereum down here and after that we are going to copy this address increase to our metamask account and click send and then i’m going to paste the address in and then the amount of ethereum i’m going to send out is the specific quantity that they have actually shared here and even though it’s calculated at little less than 40 this is what they’re requesting so that’s how much i’m going to send out i’m going to check those eight four five three eight 4 5 three with 2 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 fee is going to be 24 and that’s even if right now ethereum is extremely congested so to get your transaction first in line you need to pay essentially twenty 3 dollars for this video i’m gon na proceed and pay that but i would not suggest you paying that right now as you can see they have actually instantly updated that they have found a payment and now we generally wait for that payment to be verified [Music] if we go here and we click these 3 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 2 block confirmations and some places like to see 10 other like to see 35 and what this suggests is that there’s really in this block there’s 2 more blocks that have been verified in front of it and so this is to make sure that this transaction really does not get gone back because of some fork in the network the more block verifications you have the more protected this deal.

What is an unstoppable domain?

exists we go they’ve emailed the receipt to my email and then they have actually also once again revealed me just how much i paid so if i go here to go to my domains now i in fact own turtlecat.crypto what i can do is that’s currently not minted nevertheless what i can do is i can do a complimentary mint and right now they in fact have a layer 2 ability which implies you can mint free of charge on polygon and we’re going to do and continue that they’re going to send us a confirmation code and over here on the other screen i’m going to discover it and instead of trying to type it in i’m unsure if that’s an i or a 1 so i’m just going to paste it in there we go it worked i’m going to use metamask to mint and then this is basically confirming that we in fact own this wallet and after that this is the address that it’s going to be sent out to so we essentially just click i understand and then validate it and now turtle feline dot crypto will constantly be connected with this account so i went on and i went up here to domains and then selected my domains let me get it here and after that i clicked the turtle cat.crypto that i bought and you click on manage and this allows you to modify all of your wallet addresses so you can see here i might just input my bitcoin address my ethereum address which has instantly been added litecoin xrp zill and utilizing this ad currency i can include.

 

any other currency that they have actually listed for example i might add cardano and you can see that it’s been included here and after that i simply just paste in my cardano address and verify modifications and that’ll essentially make it so whenever someone sends out cash to turtlecat.crypto it’ll go to this ada address now also prior to i end this video i wished to show you that you can actually modify the website things however it will be coming quickly you can also validate your domains you can add profile there resembles images and things you can do and definitely you can transfer or sell your domain so it’s a lot of actually cool functions on unstoppable domains however i wanted to state one more thing genuine fast at the end of this video i believe for cyber monday they’re really doing a buy one get one sale.