describe subjects of the cryptocurrency world….Crypto Pricing Domain. utilizing examples stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for people entering the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an expensive way of saying that it is a handy service which allows us people to type in human readable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are precisely 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 void that is the web when you type in google.com and you struck enter your computer system sends 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 searching for them and then grabs a bundle back to send to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page using complicated mathematics and software all of this
communication takes place behind the scenes but to you it’s basic 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 nets due to the fact that 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 essentially the very same thing that i simply pointed out except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell 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 do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share
Current domain register to release 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 move it to wherever you desire whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter into the guide area of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain that you bought to your wallet and so on so you can really understand how to effectively use unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is very simple you simply come here and after that you enter the domain name that you want right here and after that click on search now i desire simply want to discuss that they do have particular rate 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 the more expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply add this to cart for demonstration purposes we’ll go to the carts and that’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 actually like i like that it’s versatile i like it’s that it’s not one of those strange crypto sites 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 want to utilize okay and that’s it and so when 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 claim your crypto domain address now the factor why you ‘d want to go through the procedure and actually 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 want to go offer it on some type of like nft market you can go ahead and do that fine so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up 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 know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of ways to claim your domain name the first way is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas charges number 2 is you can pay the gas fees directly 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 option that makes it simple to claim but anyways to get begun is really simple so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send out the code by email 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 ideal click copy paste there we go boom put that in fine excellent 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 various 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 using 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 start with metamask is simple meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome fine and let’s proceed and contribute to chrome add extension and there we go fine so now the metamask app is installed on our internet browser so we simply click 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 Pricing Domain