discuss topics of the cryptocurrency world…Crypto.Com Domain Value. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for individuals getting into the complex crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain name service which is an expensive way of saying that it is a valuable service which allows us people to key in human understandable addresses into the search bar and then it will immediately turn them into device understandable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer system somewhere else and not just shout it into the void 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 discovers and goes to where google is tells them that you are trying to find them and then grabs a bundle back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com home page utilizing complicated mathematics and software application all of this
communication takes place behind the scenes however to you it’s basic 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes sense to us so that’s essentially 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 just mentioned 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 desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s 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 understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Current domain 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 type of blockchain based domain name you can move it to anywhere you want whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can really comprehend how to correctly 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 really simple you simply come here and after that you type in the domain that you want right here and after that click search now i want just want to point out that they do have particular rate points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts and that’s it fine and
then you click on here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s versatile i like it’s that it’s not one of those strange 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 entrance you wish to use okay and that’s it therefore when 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 that you ‘d wish to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you wish to go sell it on some type of like nft marketplace you can go ahead and do that okay so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou 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 know 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 therefore i just want to briefly mention at the time of this video that there are a few ways to declare your domain the very first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s pays for the gas costs you resemble what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off through gas costs second is you can pay the gas costs directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get going is extremely simple so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send out the code by e-mail so click that therefore right over here we’ll jump over here and await 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 best click copy paste there we go boom put that in fine great 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 specifically for ethereum now there are a few 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 just going to use metamask so to get start with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web browser so we simply click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Crypto.Com Domain Value