discuss topics of the cryptocurrency world…Amazon Bought 4 Domain Related To Cryptocurrency. utilizing examples stories and examples so that you can easily 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 means for individuals getting into the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns means domain service which is a fancy method of saying that it is a practical service which permits us people to key in human understandable addresses into the search bar and then it will automatically turn them into device understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not just yell it into the abyss that is the web when you key in google.com and you struck enter your computer system 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 looking for them and after that grabs a package back to send out to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complicated math and software all of this
communication takes place behind the scenes but to you it’s basic 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since 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 very same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share
Existing domain register to launch 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 any place you desire whatever wallet you want with ease okay so now let’s delve into my laptop and enter the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly comprehend how to effectively use 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 extremely basic you just come here and after that you type in the domain name that you desire right here and after that click on search now i desire just want to point out that they do have particular cost points for how many characters remain in the domain name that you want 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 type in my last name 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for presentation purposes we’ll go to the carts and that’s it okay 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 truly like i like that it’s versatile i like it’s that it’s not one of those weird crypto websites 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 entrance you want to utilize fine 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 claim your crypto domain address now the reason why you ‘d desire to go through the procedure and actually claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that fine so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a couple of methods to declare 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 charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off by means of gas charges number 2 is you can pay the gas charges 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 up until august so then they’ll have a scaling service that makes it easy to claim however anyways to get started is extremely simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started 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 hit 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 ideal click copy paste there we go boom put that in fine fantastic now you’re like whoa what do i do choose 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 various wallets that they suggest 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 just going to utilize metamask so to begin with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome okay and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is set up on our internet browser so we just click start we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Amazon Bought 4 Domain Related To Cryptocurrency