The decentralized nature of the Web3 domains makes them suitable for businesses and individuals alike. These domains are powered by blockchain technology to deliver robust security and privacy that traditional domains can’t.
Web3 domains enable you to create a passive income stream or find high-profit reseller opportunities. You can mint your Web3 domain using a blockchain network, such as Ethereum, Avalanche, Near, Aurora chain, Solana, etc. Later, you can sell it at a higher price.
Among other options, Solana is arguably the fastest and offers much better scalability than many popular blockchain networks.
This post takes a deep dive into the Solana blockchain, finding answers to burning questions such as “What is Solana?” Why should you be minting on Solana, and how can you mint your Web3 domain on Freename using Solana?
Why Choose Solana for Web3 Domains
Solana is a relatively new blockchain that claims to be open-ended, decentralized, and interoperable. The single global state machine (as they call it) invites developers to develop dApps and other blockchain-powered tools without worrying about optimization.
Blockchain developers can build tailored solutions for Solana users by leveraging its 400ms slot time per block. Other impressive features include:
- Onchain program development
- Low per-transaction fees
- Unmatched scalability
Compared to other blockchain platforms, Solana is more affordable, speedier, and robust. For example, a quick comparison between Ethereum and Solana shows that:
- Solana offers better scalability.
- The blockchain charges 0.00064 SOL per transaction, which is more affordable than Ethereum.
- Solana is powered by Rust programming language, supporting hassle-free transition for developers.
- Thanks to the advanced consensus algorithm, it offers a faster transaction speed of up to 50 thousand transactions per second (TPS).
Advantages of Minting Web3 Domains on Solana
- Scalability: Solana offers the best scalability among other blockchain networks, thanks to the advanced PoH and PoS protocols and algorithms.
- Decentralization: It is an open-ended platform powered by the blockchain technology. It offers complete data ownership with better opportunities to scale your products.
- Affordability: Compared to other blockchains, such as Avalanche, Ethereum, Binance SmartChain, Aurora, Polygon, and others, Solana’s Web3 domain minting fee is super-low.
- Advanced technology: The single global state machine showcases advanced algorithms coupled with the Rust programming language, making building dApps or mint Web3 domains effortlessly easy.
- Faster transaction speed: The blockchain network offers an unmatched speed, reaching up to 50TPS.
- App integration: Solana’s infrastructure is interoperable and supports seamless integration.
- Security: Solana blockchain utilizes multiple encryption techniques and verification processes to ensure on-chain data security and anonymity.
Discover Why Choosing Solana for Minting on Freename
Prerequisites for Minting a Web3 Domain
Make sure you have all the essential ingredients in place before you start minting on Solana.
Here are the prerequisites:
- Familiarity with Web3 domains: You must be familiar with the core concepts of blockchain, decentralization, and Web3 domain minting. In connection, keep yourself updated with the latest happenings and trends in the Web3 marketplace.
- Cryptocurrency wallet setup: You need to add a digital wallet that supports Solana blockchain. These include Solflare, Trust Wallet, OKX, Backpack, Phantom, and more. Among them, Solflare is a powerful Solana Wallet that allows you to explore the Solana Blockchain and interact with all supported dApps.
- Web3 domain: Ensure that your Web3 domain is compatible with the Solana wallet. You can buy Web3 domains from Freename that can be minted on the Solana blockchain.
- Digital funds: The connected wallet should have sufficient funds to cover the domain registration and minting costs. Most registrars transact in ETH, while some use other tokens.
Step-by-Step Guide to Minting a Web3 Domain on Solana
You have to create an account with a Web3 domain provider to buy a Solana-supported domain. The provider’s platform will further help you to complete the remaining steps to start domain minting on Solana.
For your convenience, we have divided the entire domain minting process into the following three simple steps:
Step 1: Sign Up on Freename
![Solana](https://freename.io/wp-content/uploads/2024/06/Mint-Domain-Freename_1-1024x616.jpg)
Visit the Freename Homepage and press the “Login” button at the top right corner. It will give you the following signup options:
- Sign in with Google – You can use your Gmail to sign up automatically.
- Sign up – Traditional way for signing up (provide details and register)
Alternatively, you can go directly to the homepage and choose your Web3 domain first, then create your profile with Freename at the time of making the payment.
Step 2: Explore Web3 Domains
![Solana](https://freename.io/wp-content/uploads/2024/06/Mint-Domain-Freename_2-1024x378.jpg)
After creating your account, go to the domain explorer page (or product page, in the case of other service providers) to find a relevant domain for minting on Solana. With Freename, you have the option to buy second-level domains (SLD) and top-level domains (TLD) at affordable prices.
![Solana](https://freename.io/wp-content/uploads/2024/06/Mint-Domain-Freename_3-1024x634.jpg)
After choosing the domain(s), press the “Add to Cart” button, which will direct you to the checkout page. Make the payment.
Step 3: Start Minting on Solana from the Freename Platform
After completing the payment process, follow these steps:
- Go back to the homepage and click on your profile icon to open a drop-down menu.
- Choose “Domain List” from the menu, which will show your recently purchased domain.
- Click on the “Mint Domain” option next to the domain name.
![Solana](https://freename.io/wp-content/uploads/2024/06/Mint-Domain-Freename_4-1024x317.jpg)
- Choose the “Solana Chain”
- Choose the relevant wallet address (Sollare, Trust Wallet, Phantom/WalletConnect etc.)
- After ensuring you’ve chosen the suitable options, press “Confirm Mint”.
![Solana](https://freename.io/wp-content/uploads/2024/07/Solana_Mint-814x1024.png)
- The system will take a few minutes to update your settings. After that, reload the page.
- Your intended Web3 domain has started minting on the Solana blockchain. Now, you can use it in many different ways.
Tips and Best Practices
For a smooth Web3 domain minting process, a Web3 domain should be secure, regularly updated, and managed by an expert who knows the ins and outs of the Solana ecosystem.
You can follow these tips for hassle-free domain minting on Solana.
- Make sure that the Web3 domain you chose is compatible with the Solana chain. The blockchain itself is impregnable and robust, preventing data and privacy thefts.
- Familiarize yourself with the Proof-of-Stake (PoS) mechanism that runs at the backend. This understanding will help track your Web3 domain’s performance and update it when needed.
- Stay connected with the Solana ecosystem to get the latest updates. Learn how the blockchain network is evolving and what new products and services it accommodates.
An easier way out would be to work with a reliable domain provider that has a proper system in place to ensure foolproof security for your domain. For example, Freename offers a highly secure domain-minting platform supported by multiple chains.
Troubleshooting Common Issues
You must be wondering, “Minting a decentralized domain on the Solana blockchain is a piece of cake.” Well, that’s an ideal situation. In real life, you’ve got to be prepared to face the potential problems during the minting process.
Some common issues and their remedies are discussed below:
Your Newly Purchased Domain Not Showing Up
Sometimes, a newly minted Web3 domain doesn’t show up in the user profile, a common concern among new blockchain users.
Here’s what you should do to solve this issue:
- Refresh your profile page: If the newly bought Web3 domain doesn’t show up after you waited for a few minutes, refreshing the page might help. Some websites take longer to load, and it also depends on your browser speed, too. But in most cases, the domain shows up after a couple of attempts.
- Check your transaction history: If the refresh attempts failed, check for the domain’s transaction to make sure the minting was successful.
Transaction Failure
Your domain minting transaction may have failed due to insufficient funds, poor wallet connectivity, or network congestion. So, always take these precautionary steps beforehand for smooth minting on Solana:
- Ensure your wallet has sufficient funds before you start the minting process.
- Check and ensure your wallet is connected to the Solana blockchain or the Web3 domain registrar.
- Be prepared to submit your transaction at a higher price during high-network activity.
Rest assured that all your concerns related to minting on Solana will be addressed thoroughly.
Problems with Chromium (Chrome, Edge, Arc)?
Are you experiencing issues with Chromium-based browsers like Chrome, Edge, or Arc? Follow these simple steps to resolve the problem:
1) Go to your Phantom extension, then go to Settings, Preferences, and Default App Wallet. Change it to Metamask. Refresh the page and try connecting again.
2) Disable unnecessary extensions, keeping only the ones you use. Deactivate Phantom or any other wallets that you don’t use.
For Other Issues (or if the Problem Persists)
Contact your service provider to seek professional assistance. Have the following information with you before you contact the support team.
- Web3 domain name that you just purchased for minting on Solana.
- Your Solana wallet address
- The issue you’re encountering
Conclusion
Solana is a futuristic blockchain platform equipped with the latest algorithms and machine language, envisioning a well-jelled ecosystem with seamless integration and robust connectivity.
Solana’s open-ended interface, developer-friendly infrastructure, affordable transaction cost, and unmatched scalability make it suitable for businesses.
If you’re a beginner, Freename is your best bet to mint your first Web3 domain using Solana. The Web3 domain service provider offers access to all the necessary documentation and support related to account creation, domain minting, integration, and wallet management.
Besides Solana, you can mint your Web3 domain on Freename using other networks. These include Base Chain, Aurora, Polygon, and other popular blockchains.
Not just that, you’ll have 24/7 professional assistance to help you troubleshoot all kinds of issues related to managing your Web3 domains.