A blockchain-based domain name system. Is Unstoppable Domains Safe …
Decentralized domain registration and management services. It is built on blockchain innovation, mainly using Ethereum and the InterPlanetary File System (IPFS), and aims to offer users with censorship-resistant, genuinely ownership-focused domain names. Here’s an introduction 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 complex idea for novices and isn’t truly a trendy topic so it only had 5 000 views recently the protocol behind ens really did an airdrop leading to me and a ton of other people earning over 11 000 just for my initial investment of 60 to sign up the name whiteboardcrypto.ef i’m here to share something more recent and quite possibly even much better than ens welcome to whiteboardcrypto the top youtube channel for crypto education and here we explain topics of the cryptocurrency world using examples 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 suggests for individuals getting into the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain name service which is a fancy way of saying that it is a
Unstoppable Domains leverages blockchain innovation to offer users with domain names that are not managed or censored by any central authority. Unlike traditional domain registrars where domain ownership is subject to the rules and guidelines of central 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. Check out 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 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 to reveal you the whole of the google.com web page utilizing complex math and software application all of this interaction occurs behind the scenes however to you it’s easy and user friendly in fact if we had to key in 184.108.40.206 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 exact same thing that i simply discussed except it’s for ethereum ens means ethereum name service and basically lets me tell 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 do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing but anyways if you’re not used to understanding 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 reliably type that into a computer system you have to copy and paste it and that 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 nevertheless i have actually seen it’s got around four big edges that make it a little bit better top they allow multiple wallets so personally i think the coolest thing unstoppable domains does is create a multi-wallet wallet and this indicates you can include your wallets for various coins into their software application and after that you can literally h.
c. Purchase the domain: If your desired domain is offered, you can acquire it by clicking on it and following the instructions on the website. You will need a cryptocurrency wallet (normally Ethereum) to complete the purchase.
can get a wallet name that you can reroute to many other coins plus you literally are getting a domain now this means you can host an actual website on whatever domain you reserve personally i have some prepare for whiteboard.crypto however it’s too early to share technically you can do this with ens however unstoppable domains makes it a lot simpler ens also 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 something to keep in mind here is that for both of these domain services to host a website you must utilize a browser that supports the extensions like crypto or eth and i’ll really speak about this in the future in the video another way unstoppable domains appears to me to be much better than ens is due to the fact that they really just charge a one-time fee while ens is based upon payment annually for whiteboard crypto.eth on ens i paid around 60 dollars to lock in 10 years and i in fact did this a couple of months earlier and ever since gas fees have actually most likely made that seem very inexpensive for me i personally think the largest difference here is the distinction in between ownership of a name instead of a subscription to a name unstoppable domains have prices less than sixty dollars and you’ll never ever need to fret about forgetting to restore your address finally they’re relocating to layer two so speaking of seeming economical unstoppable domains is really releasing on polygons soon suggesting they’re moving from the main ethereum network to a layer 2 network which. Is Unstoppable Domains Safe
d. Configure DNS and other settings: After buying the domain, you can configure DNS settings to connect it to your site, decentralized application, or blockchain-based material. Unstoppable Domains supplies an user-friendly control panel for managing these settings. e. Usage your Web3 domain: As soon as configured, your Web3 domain can be utilized much like a standard domain name. Visitors can access your website or material by going into the Web3 domain into their browsers. Use Cases for Web3 Domains: Web3 domains, provided by Comparable services and unstoppable domains, have various use cases: a. Decentralized Websites: You can create censorship-resistant sites hosted on IPFS and link them to your Web3 domain. b. Blockchain Wallet Addresses: Streamline the process of receiving cryptocurrency by associating your crypto wallet address with your Web3 domain. This makes it simpler for others to send you crypto. c. Decentralized Applications (dApps): Link your Web3 domain to a decentralized application, providing a remarkable and user-friendly method for users to access your dApp. d.
Is Is Unstoppable Domains Safe a good idea?
Unstoppable Domains and comparable services use an unique way to develop ownership and control over your online existence in the Web3 era, where decentralization and censorship resistance are valued concepts. By setting up a Web3 domain, you can delight in these benefits and explore different 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 increase 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 out is the specific amount that they have shared here and even though it’s calculated at little less than 40 this is what they’re asking for so that’s how much i’m going to send out i’m going to check those 8 4 five 3 eight four 5 3 with 2 leading zeroes so that’s what i’m going to pay with we’re going to proceed and click next as you can see here the deal cost is going to be 24 which’s just because 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 proceed and pay that but i would not suggest you paying that today as you can see they’ve instantly updated that they have identified a payment and now we essentially wait for that payment to be validated [Music] if we go here and we click 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 confirmations and some locations 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 confirmed in front of it therefore this is to make sure that this transaction in fact does not get gone back because of some fork in the network the more block confirmations you have the more secure this transaction exists we go they have actually emailed the receipt 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 really own turtlecat.