describe topics of the cryptocurrency world…Crypto Mining Domains. utilizing 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 better than ens and what that implies for people entering into the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain service which is a fancy way of saying that it is a helpful service which enables us humans to key in human readable addresses into the search bar and then it will automatically turn them into device understandable addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system somewhere else and not simply shriek it into the void that is the web when you type in google.com and you hit enter your computer 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 searching for them and after that grabs a package back to send to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complicated math and software application all of this
communication takes place behind the scenes but to you it’s easy 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 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 good 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 essentially the very same thing that i just mentioned other than it’s for ethereum ens means 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 do not have 20 and you wish to support the channel feel free 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 producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Current domain 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 you can transfer it to anywhere you want whatever wallet you want with ease fine so now let’s jump into my laptop and enter into the guide area of the video where i wish to reveal 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 purchased to your wallet etc so you can really understand how to effectively utilize unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is really easy you just come here and then you enter the domain name that you want right here and after that click search now i desire simply want to point out that they do have particular price points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and simply add this to cart for presentation purposes we’ll go to the carts which’s it all right and
then you click on here checkout which’s it therefore you can pay with a charge 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 weird crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay which’s it and so once you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site 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 really declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can go on and do that all right so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until 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’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 therefore i just want to briefly reference at the time of this video that there are a couple of ways to claim your domain the very first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s spends for the gas charges you resemble what are gas charges look this the ethereum network you in fact need to pay uh to move things on and off via gas charges second is you can pay the gas costs straight from your own wallet so if you currently 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 start is extremely easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we need to send the code by email so click that and so right over here we’ll leap over here and wait on 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 alright terrific now you resemble 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 couple of various wallets that they recommend 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 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 simple meta mask there we go okay so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s go on and contribute to chrome include extension and there we go all right so now the metamask app is installed on our web browser so we simply click on start we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Crypto Mining Domains