Are Domains A Good Investment 2022

explain subjects of the cryptocurrency world…Are Domains A Good Investment. using analogies stories and examples so that you can easily comprehend 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 implies for individuals entering into the complicated crypto space before we actually get to understanding 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 precisely what we’re going to be using to assist you understand dns so dns represents domain service which is an elegant way of saying that it is a practical service which enables us human beings to key in human legible addresses into the search bar and then it will automatically turn them into device understandable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer system elsewhere and not simply shriek it into the void that is the web when you type in google.com and you struck enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider finds out 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 reveal you the totality of the google.com web page utilizing complicated mathematics and software all of this

communication occurs behind the scenes however to you it’s easy and user friendly in fact if we had to enter 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 webs because 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 basically the exact same thing that i simply pointed out except it’s for ethereum ens means ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work developing but anyways if you’re not utilized to comprehending 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 register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire 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 name how to set up a specific wallet so you can attach the domain that you bought to your wallet etc so you can truly comprehend how to appropriately use unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is really simple you simply come here and then you type in the domain name that you want right here and then click on search now i want simply wish to point out that they do have particular rate points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and just include this to cart for demonstration functions we’ll go to the carts which’s it all right 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 flexible 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 however payment entrance you want to utilize fine and that’s it and so 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 process and really claim uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that fine 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 up 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 understand it’s like a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a few methods to claim your domain name the first way is that you have to acquire a claim with credits charge 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 costs look this the ethereum network you in fact have to pay uh to move things on and off through gas charges 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 up until august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is very basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send the code by e-mail so click that and so right over here we’ll leap 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 okay fantastic now you’re like 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 specifically for ethereum now there are a few different 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 simply going to utilize metamask so to get going with metamask is simple meta mask there we go okay so we click here then we want to download it now click on that install metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web browser so we simply click get started we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Are Domains A Good Investment