discuss subjects of the cryptocurrency world…Can I Shapeshift Namecoin?. 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 indicates for individuals getting into the complex crypto area prior to we actually 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 help you understand dns so dns stands for domain name service which is an elegant method of stating that it is a practical service which permits us humans to key in human legible addresses into the search bar and after that it will instantly turn them into maker readable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not simply scream it into the void that is the web when you key in google.com and you hit enter your computer sends 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 package 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 complex mathematics and software application all of this
communication occurs behind the scenes however to you it’s basic and easy to use in fact if we needed to enter 22.214.171.124 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 internet due to the fact that it makes good sense to us so that’s basically 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 same thing that i simply mentioned other than it’s for ethereum ens means 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 desire 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 hard work on this video and the past hundred that we’ve been actually hard at work producing but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing domain name register to launch 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 type of blockchain based domain name you can move it to any place you want whatever wallet you want with ease okay so now let’s jump into my laptop and get into the guide section of the video where i wish to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can really comprehend how to properly utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is extremely basic you just come here and then you type in the domain name that you want right here and after that click on search now i desire simply want to mention that they do have specific rate points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey 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 however anyways let me go ahead and just add this to haul for presentation purposes we’ll go to the carts which’s it all right and
then you click on here checkout which’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 odd crypto sites where you need 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 as soon as 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 which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and in fact claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can go ahead and do that alright so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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 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 wish to briefly mention at the time of this video that there are a couple of methods to declare your domain name the very first way is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off through gas costs second is you can pay the gas fees 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 up until august so then they’ll have a scaling service that makes it simple to claim however anyways to begin is very simple so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send the code by email so click that therefore right over here we’ll jump over here and wait on 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 right click copy paste there we go boom put that in alright terrific now you resemble 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 couple of different 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 start with metamask is simple meta mask there we go all right so we click here then we wish to download it now click on that install metamask for chrome fine and let’s proceed and contribute to chrome include extension and there we go okay so now the metamask app is installed on our browser so we just click begin we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Can I Shapeshift Namecoin?