discuss subjects of the cryptocurrency world…26.88489161 Namecoin. using analogies stories and examples so that you can quickly comprehend 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 entering the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an expensive way of saying that it is an useful service which enables us human beings to type in human understandable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer system somewhere else and not just shout it into the abyss that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that gets a package back to send to you now the bundle is then unpacked by your computer to show you the whole of the google.com home page using complicated mathematics and software all of this
interaction takes place behind the scenes however to you it’s easy and easy to use in fact if we had to enter 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 because it makes sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just discussed other than it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work producing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Present domain register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to wherever you desire whatever wallet you desire with ease okay so now let’s jump into my laptop and get into the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you purchased to your wallet etc so you can really comprehend how to correctly use unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is very simple you simply come here and then you enter the domain name that you want right here and after that click search now i desire simply want to mention that they do have specific price points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me go on and just add this to cart for presentation purposes we’ll go to the carts which’s it alright and
then you click here checkout and that’s it and so you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile i like it’s that it’s not one of those unusual crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize fine which’s it and so as soon as you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you want to go sell it on some type of like nft market you can go on and do that okay so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i just wish to briefly reference at the time of this video that there are a couple of methods to claim your domain the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you resemble what are gas fees look this the ethereum network you actually need to pay uh to move things on and off by means of gas costs number two is you can pay the gas fees straight from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling solution that makes it easy to claim but anyways to begin is very basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send the code by e-mail so click that therefore right over here we’ll leap over here and wait for the code to strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that ideal click copy paste there we go boom put that in alright terrific now you resemble whoa what do i do choose wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a few various wallets that they suggest so for desktop there’s meta mask for mobile you can
use the coinbase wallet trust wallet for me personally i like metamask if you’re going to be utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to begin with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click that set up metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we just click start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency 26.88489161 Namecoin