describe topics of the cryptocurrency world…Crypto Domains Ledger. using examples stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for individuals entering into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns means domain name service which is a fancy method of saying that it is a helpful service which permits us humans to enter human readable addresses into the search bar and after that it will immediately turn them into maker legible 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 specifically to another computer elsewhere and not just shriek it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider stating 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 bundle back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com home page using complex mathematics and software all of this
communication happens behind the scenes but 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets 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 essentially the exact same thing that i just pointed out 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 want by the way if you don’t have 20 and you wish to support the channel feel free 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 producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing domain name register to launch domain name 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 kind of blockchain based domain name you can transfer it to any place you desire whatever wallet you want with ease alright so now let’s delve into my laptop computer and get into the guide area of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can truly comprehend how to effectively 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 website is really easy you just come here and after that you enter the domain that you want right here and after that click on search now i desire simply wish to discuss that they do have specific price points for how many characters are in the domain name 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 example if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply include this to haul for presentation purposes we’ll go to the carts and that’s it alright 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 actually like i like that it’s versatile 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you desire to utilize okay 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 reason why you ‘d want to go through the procedure and actually declare uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that alright so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you actually 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 think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a couple of methods to declare your domain name the very first method is that you have to buy a claim with credits fee 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 costs look this the ethereum network you in fact have to pay uh to move things on and off through gas costs number 2 is you can pay the gas charges 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 until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is extremely easy so we go here say if i desire to declare 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 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 just highlight that right click copy paste there we go boom put that in okay excellent now you’re like whoa what do i do select 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 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click that set up metamask for chrome alright and let’s proceed and contribute to chrome include extension and there we go all right so now the metamask app is installed on our browser so we simply click on get started we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Crypto Domains Ledger