describe subjects of the cryptocurrency world…Access Namecoin Wallet. using analogies stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that suggests for people getting into the complicated crypto area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain service which is a fancy method of saying that it is a handy service which allows us humans to key in human understandable addresses into the search bar and then it will immediately turn them into machine readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web understands how to talk specifically to another computer somewhere else and not just shriek it into the abyss that is the web when you enter google.com and you struck enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a package back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page using complicated math and software all of this
interaction occurs behind the scenes but to you it’s simple and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and pretty much lets me inform 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 want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work producing but anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Present domain register to launch domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to any place you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can really comprehend how to properly use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is very easy you simply come here and then you enter the domain name that you desire right here and after that click on search now i want just wish to discuss that they do have particular price points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts and that’s it alright and
You click on 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 really like i like that it’s versatile i like it’s that it’s not one of those odd 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 however payment gateway you want to utilize alright and that’s it and so once you’re all set then you’ll have your my domain name list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the procedure and in fact declare uh your domain addresses since one then you in fact own it then two you can do whatever you want with it if you want to go offer it on some type of like nft market you can go ahead and do that alright so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a few methods to claim your domain name the very first way is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you really have 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 set up 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 however anyways to get begun is really easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send out the code by e-mail so click that and so right over here we’ll jump 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 just highlight that best click copy paste there we go boom put that in fine excellent now you’re like whoa what do i do pick wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get going with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that install metamask for chrome alright and let’s proceed and add to chrome add extension and there we go okay so now the metamask app is set up on our web browser so we just click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Access Namecoin Wallet