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General Crypto Notes
1 - Domains
ENS vs UDS
Ethereum Name Service (ENS) and Unstoppable Domain Service (UNS) are 2 different services which surface information from domain records which are stored on the blockchain. Primarily both services make it easier to route payments to addresses but each service has additional capabilities.
Checkout my tool for resolving ENS/UNS domains here.
| ENS | UNS | |
|---|---|---|
| Blockchain | Ethereum | Polygon |
| Site | https://app.ens.domains/ | https://unstoppabledomains.com/ |
| TLD’s | .eth | .crypto, .nft, .x, .coin, .wallet, .bitcoin, .dao, .888, .blockchain |
| Registeration Term | Annual (can bundle many yearrs together) | Forever |
| Payment | Ethereum | Fiat, crypto |
| Gas | Used for registration/Updates | Used for registration/updates but it is covered by Unstoppable |
| Other Capabilities | When used with compatible browser/extension can be used as a DNS Services for IPFS sites, Provides login service | |
| My domains (OpenSea Links) | everts.eth | everts.crypto |
2 - Myths
Crypto currency is just used by criminals
.34% of cryptocurrency transactions are illicit (Messari, December 2021), that is a smaller percentage than using traditional finance.
3 - Terms
| Term | Definition |
|---|---|
| TradFi | Traditional Finance |
| DAO | Decentralized Autonomous Organization |