describe topics of the cryptocurrency world…Crypto Domains Eth. 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 suggests for people entering the complex crypto area before we really get to comprehending 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 comprehend dns so dns represents domain name service which is a fancy method of stating that it is a handy service which allows us people to enter human understandable addresses into the search bar and then it will automatically turn them into machine legible addresses so most of you are most likely 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 elsewhere and not simply scream it into the abyss that is the web when you key in google.com and you hit enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and then grabs a bundle back to send to you now the bundle is then unpacked by your computer system to show you the whole of the google.com web page using complex mathematics and software all of this
communication takes place behind the scenes but to you it’s easy and user friendly in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals 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 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 pointed out other than it’s for ethereum ens represents 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 want by the way if you do not have 20 and you want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work producing but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Present domain name register to launch domain or in order to move it over to this other domain register etc 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 fine so now let’s delve into my laptop computer and get into the guide area of the video where i wish to show you unstoppable domain how to get a domain how to establish 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 properly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and then you type in the domain that you want right here and then click search now i desire just wish to discuss that they do have particular price 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 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 on and just include this to cart for presentation functions we’ll go to the carts which’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 truly like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites 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 gateway you want to use fine and that’s it and so once 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the process and in fact claim uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that fine so simply 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 up until you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t declared 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 few ways to declare your domain name the very first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off by means of gas costs number two 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 solution that makes it simple to claim but anyways to get begun is extremely basic so we go here state if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send the code by e-mail so click that and so right over here we’ll jump over here and wait for the code to strike 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 right click copy paste there we go boom put that in fine great now you’re like whoa what do i do select wallet for declaring 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to start with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is installed on our browser so we simply click on start we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Crypto Domains Eth