discuss subjects of the cryptocurrency world….Crypto Domain Worth It. utilizing examples stories and examples so that you can quickly understand 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 entering the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain service which is an elegant method of stating that it is an useful service which permits us human beings to enter human legible addresses into the search bar and after that it will immediately turn them into device understandable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer elsewhere and not simply shriek it into the abyss 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 learns and goes to where google is tells them that you are looking for them and after that grabs a plan back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com web page using complex mathematics and software application all of this
communication takes place behind the scenes but to you it’s basic and easy to use in fact if we had 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 webs since it makes sense to us so that’s essentially 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 same thing that i simply discussed except it’s for ethereum ens means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody 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 wherever you desire whatever wallet you desire with ease fine so now let’s delve into my laptop and get into the guide area of the video where i wish to show 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 actually understand how to appropriately utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this website is very easy you simply come here and after that you key in the domain that you desire right here and then click search now i want simply want to mention that they do have particular cost points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it okay and
then you click on here checkout and that’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 strange 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 however payment entrance you wish to utilize alright which’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 and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and actually declare 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 want to go sell it on some type of like nft market you can proceed and do that all right so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of methods to declare your domain the first way is that you need to buy a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you really need to pay uh to move things on and off via gas fees second 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 easy to claim but anyways to get started is extremely simple so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send the code by e-mail so click that therefore right over here we’ll jump 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 just highlight that best click copy paste there we go boom put that in all right 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 specifically for ethereum now there are a couple of different wallets that they advise so for desktop there’s meta mask for mobile you can
use 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 utilize metamask so to get going with metamask is easy meta mask there we go alright so we click here then we want to download it now click that set up metamask for chrome all right and let’s proceed and add to chrome add extension and there we go okay so now the metamask app is set up on our browser so we just click on get going we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency .Crypto Domain Worth It