explain topics of the cryptocurrency world….Blockchain Domain. utilizing examples stories and examples so that you can easily 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 people entering the complex crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we like using 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 helpful service which enables us people to enter human legible addresses into the search bar and after that it will instantly turn them into device legible addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not just scream it into the void that is the web when you enter google.com and you hit 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 trying to find them and then gets a plan back to send to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page utilizing complicated mathematics and software application all of this
communication takes place behind the scenes but to you it’s simple and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just pointed out 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 merely type that in and pay me 20 if you want by the way if you do not have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work developing however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Current domain register to launch 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 want with ease all right so now let’s jump into my laptop and enter the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually comprehend how to properly use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is really easy you simply come here and after that you type in the domain that you desire right here and then click on search now i want simply want to point out that they do have particular rate points for how many characters are in the domain name that you want 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 key in my last name 2 400 uh i think i’ll pass however anyways let me proceed and simply add this to cart for presentation functions we’ll go to the carts and that’s it all right and
then you click on here checkout and that’s it therefore 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 flexible i like it’s that it’s not one of those unusual crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize all right and that’s it and so once you’re all set then you’ll have your my domain name list in your account therefore 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 that you ‘d wish to go through the procedure and really claim uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you want with it if you wish to go sell it on some type of like nft market you can go on and do that all right so similar to 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 actually 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 guess you understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of ways to declare your domain the first way is that you need to purchase a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s spends for the gas fees you’re like what are gas charges 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 fees directly from your own wallet so if you currently have a wallet established 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 but anyways to begin is extremely simple so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by email 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 just highlight that right click copy paste there we go boom put that in alright excellent now you resemble 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 specifically for ethereum now there are a few 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 get start with metamask is easy meta mask there we go okay so we click here then we want to download it now click on that set up metamask for chrome all right and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is set up on our browser so we simply click on get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency .Blockchain Domain