explain subjects of the cryptocurrency world…Crypto Top Level Domain. utilizing analogies stories and examples so that you can easily 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 implies for people getting into the complicated crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is an elegant method of stating that it is a practical service which allows us human beings to enter human legible addresses into the search bar and after that it will automatically turn them into machine understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer system somewhere else and not simply yell it into the abyss that is the web when you enter google.com and you struck enter your computer 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 searching for them and after that grabs a package back to send out to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com home page using complicated mathematics and software application all of this
interaction happens behind the scenes however to you it’s easy and easy to use in fact if we had to type 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 due to the fact that it makes sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing but 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
Present domain register to launch domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain 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 enter the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain that you bought to your wallet and so on so you can actually comprehend how to correctly utilize unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is extremely easy you simply come here and then you key in the domain name that you want right here and after that click search now i desire just wish to mention that they do have particular cost 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 sized the domain the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul 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 really 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use alright 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 declare your crypto domain address now the factor why you ‘d want to go through the procedure and actually declare uh your domain addresses because one then you in fact 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 marketplace you can go ahead and do that okay so simply 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 until you really 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 simply want to briefly reference at the time of this video that there are a few ways to claim your domain name the very 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 costs you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off via gas costs number two is you can pay the gas charges 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 extremely easy so we go here say if i want to claim 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 leap 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 simply highlight that right click copy paste there we go boom put that in all right fantastic now you’re like 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 few various 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 just going to utilize metamask so to begin with metamask is easy meta mask there we go fine so we click on this link then we want to download it now click on that install metamask for chrome okay and let’s go on and add to chrome add extension and there we go alright so now the metamask app is installed on our browser so we simply click begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Crypto Top Level Domain