Crypto Domain Uses 2022

discuss topics of the cryptocurrency world…Crypto Domain Uses. using analogies stories and examples so that you can quickly understand 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 entering the complex crypto area prior to we in fact get to comprehending 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 represents domain service which is an expensive way of saying that it is a helpful service which permits us people to key in human understandable addresses into the search bar and after that it will automatically 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 web knows how to talk specifically to another computer elsewhere and not just shriek it into the void that is the web when you enter 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 discovers and goes to where google is tells them that you are looking for them and then grabs a package back to send 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 occurs behind the scenes but to you it’s basic and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes good 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 discussed other than it’s for ethereum ens stands for ethereum name service and basically lets me tell 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 totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain register to launch domain name 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 desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter into the guide area of the video where i want to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can actually comprehend how to effectively utilize unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is really simple you just come here and after that you key in the domain that you want right here and then click on search now i desire just wish to mention that they do have specific cost points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and just include this to cart for demonstration functions we’ll go to the carts which’s it alright and

then you click here checkout and that’s it and so 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 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 nevertheless payment gateway you wish to use fine 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 which’s it how to claim your crypto domain address now the reason that you ‘d want to go through the procedure and actually claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some kind of like nft market you can go ahead and do that okay so much like when you buy 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 same so this is on there this is you know it’s like a hot wallet i guess 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 ways to declare your domain the first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain therefore that’s spends 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 by means of gas charges number two is you can pay the gas costs straight 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 till august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is really simple so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send out the code by e-mail so click that and so 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 fine terrific now you’re like whoa what do i do choose wallet for declaring 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 recommend 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 simply going to use metamask so to begin with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome okay and let’s go on and add to chrome add extension and there we go alright so now the metamask app is installed on our internet browser so we just click get started we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Crypto Domain Uses