Domains In Cryptocurrency 2022

describe topics of the cryptocurrency world…Domains In Cryptocurrency. using examples stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for people getting 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 understand dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain name service which is a fancy method of saying that it is an useful service which allows us human beings to enter human readable addresses into the search bar and then it will automatically turn them into maker readable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer elsewhere and not just shriek it into the void that is the web when you enter google.com and you hit enter your computer sends out 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 trying to find them and after that grabs a bundle back to send to you now the package is then unpacked by your computer to show you the whole of the google.com web page using complex math and software application all of this

communication takes place behind the scenes however to you it’s easy and user friendly in fact if we needed to enter 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 because it makes 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 exact same thing that i just pointed out except it’s for ethereum ens means ethereum name service and practically 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 hard work on this video and the past hundred that we have actually been truly hard at work creating but 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 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 type of blockchain based domain name you can move it to anywhere you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet etc so you can truly understand how to properly use unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is really simple you simply come here and then you enter the domain that you want right here and after that click search now i desire just wish to mention that they do have specific cost 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 the domain name the more costly it’s going to be so for example 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 include this to haul 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 truly like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize fine 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and really declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that alright 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 till you really 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 declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few methods to claim your domain name the very first method is that you have to acquire a claim with credits charge 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 really have to pay uh to move things on and off by means of gas fees number two is you can pay the gas fees directly 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 option that makes it simple to claim but anyways to get started is extremely simple so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started 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 best click copy paste there we go boom put that in all right fantastic now you’re like whoa what do i do pick 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 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to start with metamask is easy meta mask there we go all right so we click here then we want to download it now click on that set up metamask for chrome fine and let’s go on and contribute to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we just click on begin 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 Domains In Cryptocurrency