Cryptocurrency Domain Extensions 2022

explain topics of the cryptocurrency world…Cryptocurrency Domain Extensions. 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 individuals entering the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns stands for domain service which is an elegant way of stating that it is a valuable service which permits us human beings to enter human readable addresses into the search bar and after that it will immediately turn them into machine readable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not just scream it into the void that is the web when you key 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 finds out and goes to where google is tells them that you are searching for them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer to show you the totality of the google.com web 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 good sense to us so that’s essentially 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 discussed other than it’s for ethereum ens means 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 want by the way if you don’t have 20 and you wish to support the channel feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain name register to release 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 type of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease alright so now let’s jump into my laptop computer and enter 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 connect the domain that you bought to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is extremely basic you simply come here and after that you key in the domain that you desire right here and after that click on search now i want just wish to point out that they do have particular price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to cart for demonstration purposes we’ll go to the carts and that’s it all right and

then you click here checkout which’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible i like it’s that it’s not one of those odd crypto websites where you need to pay in cryptocurrency or you have to buy 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 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and actually declare uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you want to go offer it on some kind of like nft marketplace you can proceed and do that alright so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until 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 guess you understand this is you you haven’t 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 few ways to claim your domain name the very first method is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so 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 by means of 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 just wait up until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is really simple so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by email so click that therefore 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 just highlight that best click copy paste there we go boom put that in alright terrific 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 specifically for ethereum now there are a few different wallets that they recommend 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get 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 install metamask for chrome fine and let’s go on and add to chrome add extension and there we go okay so now the metamask app is set up on our web browser so we simply click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Cryptocurrency Domain Extensions