discuss subjects of the cryptocurrency world…Can I Shapeshift Namecoin?. using analogies 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 much better than ens and what that indicates for people getting into the complicated crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to help you comprehend dns so dns means domain name service which is a fancy method of saying that it is an useful service which permits us human beings to key in human readable addresses into the search bar and after that it will instantly turn them into maker readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer system somewhere else and not simply yell it into the abyss that is the web when you key in google.com and you hit enter your computer system 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 searching for them and after that gets a bundle back to send out to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page utilizing complicated mathematics and software application all of this
communication happens behind the scenes however to you it’s basic and easy to use in fact if we had to key in 126.96.36.199 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 since it makes good 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 essentially the exact same thing that i simply mentioned other than it’s for ethereum ens stands for ethereum name service and practically 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 don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Existing domain name register to release domain 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 kind of blockchain based domain you can transfer it to any place you desire whatever wallet you desire with ease fine so now let’s delve into my laptop and get into the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can really understand how to correctly use unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is very basic you just come here and after that you type in the domain that you desire right here and after that click search now i desire just want to discuss that they do have specific cost points for the number of 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 expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and just include this to haul for presentation purposes 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 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 nevertheless payment entrance you want to utilize alright 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the process and in fact declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that alright 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 until you in fact 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 simply desire to briefly mention at the time of this video that there are a few ways to claim your domain name the very first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas costs 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 costs number two is you can pay the gas costs straight 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 just wait until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is very basic 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 out the code by e-mail so click that and so 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 simply highlight that best click copy paste there we go boom put that in all right great now you’re like whoa what do i do choose 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 various wallets that they advise 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 easy meta mask there we go fine so we click on this link then we wish to download it now click that set up metamask for chrome alright and let’s go ahead and contribute to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click get started 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 Can I Shapeshift Namecoin?