explain subjects of the cryptocurrency world…Blockchain Domain Meaning. utilizing analogies 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 means for individuals getting into the complex crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain name service which is an expensive method of stating that it is a helpful service which enables us people to key in human understandable addresses into the search bar and then it will immediately turn them into maker legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not just scream it into the abyss that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and after that gets a bundle back to send to you now the package is then unpacked by your computer system to show you the totality of the google.com home page using complicated math and software application all of this
interaction happens behind the scenes but to you it’s easy and user friendly in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled 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 good sense to us so that’s basically 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 essentially the 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 do not have 20 and you wish to support the channel feel free to leave a like 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 creating however anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Current domain name register to release domain name or in order to move it over to this other domain name 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 wherever you want whatever wallet you want with ease all right so now let’s delve into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can really comprehend how to properly utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this website is extremely easy you just come here and then you enter the domain name that you desire right here and then click search now i desire simply want to discuss that they do have particular rate points for the number of characters remain in the domain 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 instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and simply include this to haul for demonstration purposes we’ll go to the carts and that’s it alright and
then you click here checkout and that’s it therefore you can pay with a charge 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 sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use all right which’s it and so once you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and really claim uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some kind of like nft marketplace you can go ahead and do that all right so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply 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 think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a few ways to claim your domain name the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain therefore that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas fees second 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 simply wait until august so then they’ll have a scaling option that makes it easy to claim however anyways to start is really simple so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send 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 best click copy paste there we go boom put that in alright 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 particularly for ethereum now there are a couple of different 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 start with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click that install metamask for chrome okay and let’s go on and add to chrome include extension and there we go alright so now the metamask app is set up on our browser so we simply click on get started we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Blockchain Domain Meaning