describe topics of the cryptocurrency world…Crypto Domain Sold. using 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 suggests for people getting into the complex crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns means domain name service which is an elegant way of saying that it is an useful service which allows us humans to enter human understandable addresses into the search bar and after that it will immediately turn them into device readable 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 web knows how to talk particularly to another computer somewhere else and not just shriek it into the void that is the web when you key in google.com and you struck enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the whole of the google.com home page using complex math and software application all of this
communication takes place behind the scenes but to you it’s simple 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 very same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work producing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Present domain name register to launch domain name or in order to move it over to this other domain 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 any place you want whatever wallet you want with ease alright so now let’s delve into my laptop computer and enter into the tutorial area of the video where i want to show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain that you bought to your wallet and so on so you can truly understand how to correctly use unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this site is really easy you simply come here and after that you enter the domain that you desire right here and after that click on search now i want just want to discuss that they do have specific rate points for the number of characters remain in the domain that you wish 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 enter my last name 2 400 uh i think i’ll pass but anyways let me go on and simply add this to cart for presentation purposes 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 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you desire to utilize 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 factor why you ‘d desire to go through the procedure and in fact claim uh your domain addresses because one then you actually 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 marketplace you can go ahead and do that fine so simply 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 understand it’s like a hot wallet i guess you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a couple of methods to claim your domain name the very first method is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees 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 via gas costs number two is you can pay the gas charges 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 just wait until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is very basic 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 have to send out the code by email so click that and so right over here we’ll leap 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 simply highlight that ideal click copy paste there we go boom put that in okay excellent 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 various wallets that they suggest 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is easy 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 alright and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we just click on start 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 Crypto Domain Sold