Blockchain Domain Wiki 2022

describe topics of the cryptocurrency world…Blockchain Domain Wiki. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for people getting into 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 whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns represents domain service which is an elegant way of stating that it is a helpful service which enables us human beings to enter human understandable addresses into the search bar and after that it will instantly turn them into machine readable addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer somewhere else and not just shriek it into the void that is the web when you type in 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 looking for them and then grabs a plan back to send out to you now the bundle is then unpacked by your computer to show you the whole of the google.com home page utilizing complex mathematics and software all of this

interaction happens behind the scenes however to you it’s easy and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes 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 just pointed out other than it’s for ethereum ens represents ethereum name service and practically lets me tell 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 below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been really hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing domain register to release domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire with ease fine so now let’s delve into my laptop and get into the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you bought to your wallet etc so you can truly comprehend how to appropriately utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is really simple you simply come here and then you enter the domain name that you want right here and then click on search now i desire simply wish to discuss that they do have specific price points for the number of 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 expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to cart for demonstration functions 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 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 nevertheless payment entrance you desire to use all right and that’s it and so as soon as 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 want to go through the procedure and actually claim uh your domain addresses since 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 market you can go ahead and do that okay so just 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 till you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t 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 couple of methods to declare your domain name the very first method is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas costs number two is you can pay the gas fees directly from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is really simple so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send the code by email 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 all right fantastic now you’re like 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 particularly for ethereum now there are a few different wallets that they advise 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 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 easy meta mask there we go alright so we click here then we wish to download it now click on that set up metamask for chrome all right and let’s go ahead and add to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we simply click start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Blockchain Domain Wiki