discuss topics of the cryptocurrency world…Altcoins Similar To Namecoin. utilizing examples stories and examples so that you can quickly 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 entering the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain service which is a fancy method of saying that it is a valuable service which enables us human beings to enter human readable addresses into the search bar and then it will automatically turn them into machine understandable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer elsewhere and not simply yell it into the void that is the web when you key in google.com and you struck enter your computer sends a message 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 searching for them and after that gets a plan back to send to you now the package is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complex math and software all of this
interaction occurs behind the scenes but to you it’s easy and user friendly in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply mentioned except it’s for ethereum ens represents ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name 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 type of blockchain based domain you can transfer it to wherever you want whatever wallet you want with ease okay so now let’s jump into my laptop computer and get into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually comprehend how to effectively utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is very basic you just come here and after that you key in the domain that you want right here and then click on search now i desire simply want to mention that they do have specific rate points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me go ahead and just add this to haul for demonstration purposes we’ll go to the carts and that’s it okay 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 actually like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you need 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 alright which’s it therefore when 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 reason why you ‘d want to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you want to go sell it on some kind of like nft marketplace you can go on and do that all right so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few ways to declare your domain name the first method is that you need to acquire a claim with credits charge so that expenses uh at this time 40 per domain and so that’s spends for the gas fees you resemble what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off via gas fees number two is you can pay the gas costs directly 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 just wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to start is very simple so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send the code by email so click that and so right over here we’ll leap over here and await 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 alright great now you resemble whoa what do i do pick wallet for declaring 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 couple of different wallets that they recommend so for desktop there’s meta mask for mobile you can
utilize 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 start with metamask is easy meta mask there we go okay so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is installed on our web browser so we simply click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Altcoins Similar To Namecoin